Top 5 Risks Facing Contractors

  Construction firms face many risks: worksite injuries, skilled labor shortages, cash flow problems, contract disputes, job site theft, defects in workmanship and material, weather delays and supply interruptions, to name just a few. One study found that construction companies have the lowest survival rate of any type of startup. Only 36.4% were still in…

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Common Types of Construction Insurance

As contractors, it’s important to understand what types of insurance your business should have and why. You work hard – make sure you’re properly covered for unforeseen circumstances that could harm your business. Check out this list of recommended insurance policies: Workers’ compensation—Workers’ compensation covers work-related employee injuries or illnesses. While injuries are infrequent, they…

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