When a recession hits, it is almost a certainty that the demand for residential remodels goes down. With less money in people's pockets, most homeowners change their priority to saving money. If that is your primary market then this is a wake-up call that your company is NOT recession-proof. Being able to create another source of work is crucial to surviving bad economic conditions. Whether that is commercial, trades, investor work, or tenant work it is crucial that you establish another funnel for jobs to replace those lost in a recession. Tune in to this week's episode of the Contractor Cuts Podcast to hear how the guys diversified their company during the 2008 recession and how you can do it for your own company.
Are you are interested in learning more about our project management process or how to take your company to the next level? ProServe Alliance is hosting "1 Day 2 Win" a one-day seminar in Chicago, IL on September 1st that will supercharge your company. You will learn everything you need to duplicate yourself and will leave with a plan for successfully growing your contracting company. Click HERE for more information!
Check out ProServeAlliance.comto learn more about our software, training, coaching, and to see the full podcast videos!
Apple Podcast: https://podcasts.apple.com/us/podcast/contractor-cuts/id1586640379
Spotify: https://open.spotify.com/show/4SE77KI88ITOlEU8FY8GPr?si=1f77d88d0d684975
YouTube:https://www.youtube.com/playlist?list=PL5Er1twgLrvfKS3gpWy24v0JsIbpkjymR