Backlog may be the best “leading indicator” for a contractor’s health. Backlog today, however, isn’t quite the same as it was in the old hard dollar bid days; jobs take longer to start and to execute. In other words, you need MORE backlog today to assure your future health than you did a decade ago.
Watch Digging Deeper this week as Dennis discusses some of the reasons work is getting pushed backward and shares a few strategies on how can you build essential backlog. We’d like to hear what you’re doing to generate backlog and dealing with current market conditions. Please share with us in the comments below.
Seats are filling up fast for our next The Contractor Business Boot Camp class starting on Nov 3, 2022 in Dallas, TX. Act now and enroll your NextGen leaders in this one-of-a-kind leadership development program. Contact Charlotte today at ckopp@familybusinessinstitute.com to learn more.
