Sub-Sectors: |
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- HVAC-R & Plumbing Contracting
- Electrical Work
- Roofing, Siding & Sheet Metal
- Specialty Trade Contracting
- Site Preparation Contractors
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- Road, Bridge & Tunnel
- Excavating, Grading & Paving
- Water, Sewer & Utility Line
- Wrecking & Demolition Work
- Concrete Work
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Industry Highlights & Insights: |
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- The industry is highly fragmented.
- Very few public companies exist. The sub-contractor nature of the business tends to hold down valuations.
- Sales Demand is largely based on new construction projects, the availability of government funds for projects and the overall health of the economy.
- The move to more Design & Build work tends to provide positive results.
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- The leadership team and their people are the most crucial elements for long term success. This includes the Succession Plans for leaders.
- The “pay when paid” practice in the industry adds risk for smaller companies, but there are ways to move away from this practice.
- Continued consolidation of the customers and participants in this industry are expected.
- Avoid the pitfall of Personal Goodwill by advance planning for your exit.
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How Can Corplan Help?
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