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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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