Horizons Fall/Winter 2019

Construction companies who go through a formal “go, no-go” evaluation process ahead of a project and loop in the “naysayers” who are quick to identify the risks are far less likely to get entrenched in a project that was destined for failure from the outset. That skeptic’s voice is a critical counterbalance to a strong economy, said Engelbrecht. “We start to think we’re invulnerable to problems.” This article was originally published on Construction Dive (www.constructiondive.com). Construction Dive is a daily news publication providing busy professionals with a bird’s-eye-view of their industry in 60 seconds.

People, plain and simple, “like to do business with people they like.”

10. Strong Risk Management Contractors are risk-takers by nature, and must be careful not to let this strength become their pitfall. Most job failures can be traced to a bad decision in taking the job on when the red flags were present, Engelbrecht explained.

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CONSTRUCTION SERVICES GROUP

RubinBrown provides services to general contractors, specialty subcontractors and related companies in the construction industry. For more information, visit www.RubinBrown.com/Construction .

Ken Van Bree, CPA, CGMA Partner-In-Charge Construction Services 314.290.3429 ken.van.bree@rubinbrown.com

Chris Coleman, CPA, CCIFP Partner Construction Services 314.290.3263 chris.coleman@rubinbrown.com

Matt Beerbower, CPA Partner Construction Services 303.952.1252 matt.beerbower@rubinbrown.com

Mark Jansen, CPA, CGMA Partner Construction Services 314.290.3208 mark.jansen@rubinbrown.com

10 Traits Successful Contractors Have in Common

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