Operating During and Beyond Unprecedented Times – Once the Dust Settles
As people become more comfortable that Covid is under control, staycation rates may drop, reducing the spending from these funds that are also at an all-time high. Reduction in material cost should help stabilize the industry and remove the “not spend now” concerns but the “staycation” side of the equation may factor in as people begin to venture out again. When this occurs and people aren’t knocking down your doors with demand for work, or referrals slow down, where you are positioned as a contractor will again affect just how busy and profitable you are.