Dive summary:
- The economic recovery has been a spotty phenomenon for the construction industry, and it's important to know how to keep liquid in a tough environment.
- Stevens Construction Institute put together a list of 35 things that contractors can do to cut costs, which means hang onto cash.
- Doing little things, Stevens says, adds up to big successes, including the most important one of all – staying in business.
From the article:
Across the United States, contractors report "hitting the wall" of minimal cash in the bank and project prospects. ...