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Needless to
say, the more experienced the better. A company that has been in business for
under five years may be an unstable business. Most contracting businesses (90%) fail within the first
five years. Examine new business with extra care before awarding the project.
Check references carefully.
Current references are valuable to see if the owner is happy with the
contractor's work, but only long term references are the proof of actual
performance of the contractor's work.
Most failed construction
projects do not happen quickly, but deteriorate over a period of years. New
project references should carry minimal weight in the decision making process
vs. long term project references.
A professional contractor will
gladly provide references and want you to speak with his past customers.
Automatically reject any
contractors who can not provide a reference list of customers.
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