Concerns over the possibility of an economic recession amid global supply chain problems and geopolitical instability has everyone wondering about what the effects may be on construction.
Watch Digging Deeper this week as Dennis responds to popular demand to share his thoughts on where the construction economy is heading – and more importantly – what steps you should be taking to steer your company smoothly through potential uncertain times. We’d love to hear how you are preparing your companies to cruise through a possible downturn. Please share with us in the comments below.
Seats are already filling up for the 2023 classes of The Contractor Business Boot Camp scheduled in Dallas, Denver, Toronto, and Raleigh. Enroll your high potential NextGen leaders now so you don’t miss out. Please contact Charlotte at ckopp@familybusinessinstitute.com to learn more.
Mary says:
Hi Dennis,
What source do you use for industry standard profitability? Thanks for the post!
Dennis Engelbrecht says:
Mary,
We use RMA online, formerly Risk Management Associates and Robert Morris & Associates.
Dennis
Damian Lang says:
Good job explaining this Dennis. You don’t look like your aging any either bud.
Dennis Engelbrecht says:
Thanks, Damian. I feel better than ever and the added exercise in this phase of life is big bonus!
Dennis