Speaking of economics, I’d like to hear from people who are in the trades: small general contractors, electricians, plumbers, siders, framers, painters, masonry/hardscapes, landscapers, flooring installers, heat/HVAC contractors, small remodeling contractors, etc..
I spoke recently with a client of ours who is an electrician and the individual mentioned that there were recent incidences of builders either not paying or delaying payment for services.
- How are fuel prices influencing your small business?
- Has work dropped off in a noticeable manner?
- Are bid requests still robust?
- Have you been asked by builders or Gen. contractors to drop your prices as a sub?
- Are you getting paid in 30, 60, 90 days or longer?
For homeowners that are doing remodeling or home improvements this Spring/Summer season:
- Are you scaling back your projects?
- Are you going to do more work yourself?
- Are you receiving more bids, more promptly?
- How far out are contractors scheduling your projects?
Thanks,
S-Crow