Obstacles Construction Subcontractors Must Overcome for Success Part 2
The subcontractor is in a unique situation because while they are their own boss, they are under the orders of the general contractor. This among other factors can present subcontractors with some challenges they’ll have to overcome to be successful in the projects they pursue. Since challenges have the potential to morph into a dispute, a Boca Raton construction lawyer is a great advocate to have on your side. If you haven’t already, read part one for more insight into the challenges you may be facing as you grow your business.
Taking On Too Much
We know how competitive the construction industry can be. At the end of the day, you are concerned with obtaining new and consistent business to keep your cash flow afloat and to have a healthy bottom line. However, do not be so desperate for work that you take on any project that is thrown your way. Being strategic when choosing projects will lead to you providing higher quality work to your clients.
Subcontractors have to keep track of a substantial amount of information. It is hard to keep this information organized especially if they rely on antiquated processes for recordkeeping. Using a cloud-based software and other integrating technology will enable subcontractors to maintain better control of their records and allow them to have easy access to notes, photos, documents, and other important information. This will also simplify tracking and will streamline existing processes.
Changing Government Regulations
We know that some regulations change rapidly and it may feel impossible to keep up with OSHA’s changing laws, building codes, permit requirements, and other state-level nuances. This is the landscape of the industry and it may not change for some time. Although regulatory compliance is complex and continuously changing, it’s important to stay compliant by using technology, reading industry publications, and even joining a subcontractor organization to stay abreast of the changes. Maintaining compliances will not only keep your project moving along efficiently, it will also help you avoid violating these regulations.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.