Re: General question to the contractors
Before I retired, my business was strictly word of mouth advertising, and even that was severely restricted down to specific types of recommendations from my clients, and I was as busy as I could be, regardless of the economy. Remember back to 1999 and the Y2K scare had people cocooning? While the majority of contractors where whining that there wasn't any work, I was booked out 6+ months, all from word of mouth. Regardless of the economy, my business was good.
Originally Posted by MLB Construction
Like you, I had a hard time finding qualified employees, so I stuck with using sub contractors when extra help was needed, while I didn't make quite as much on a job using subs, there was also no payroll or withholding bullshit to deal with, I just wrote a check to the sub and I was done! This was a double edged sword, on one hand, easy bookkeeping, on the other, I sorely could have used some in house labor to lighten my load to keep the jobs lined up.
On the bright side, ALL of my clients were willing to wait for my services because they knew they were going to get top notch work at a very reasonable price. I literally quit making a schedule and just handed out numbers. Each client knew I would be there until the job was completed, no matter how many extras were added. The next person in line would get a phone call a week or so in advance of my availability and I'd just roll into the next project. When I finally made the decision to retire, it still took me 18 months to finish up the outstanding projects.
So, in answer to your question, if you are a high quality contractor with high quality clients, then you will never be searching for work, regardless of the state of the economy.
The sad thing is, the guys that work on quantity over quality just don't understand this concept nor have this type of job security.
I suffer from CDO ... Its like OCD, but in alphabetical order, LIKE IT SHOULD BE!!!