It is a seat no business owner expects to be in, yet according to the Small Business Administration, 20% of new businesses fail in the first year, 45% fail in the first five years, and 65% in the first decade. Only one-in-four businesses make it 15 years or more.
All that in mind, every business struggles from time to time, or goes through slow periods – even in an industry that is considered “economic proof”, like restoration.
Rod Cruce of the Trifecta Growth Institute has helped many restoration companies turn things around. In this episode of Restoration Today, Rod shares:
- Early warning signs of dark waters ahead.
- Attributes of growing, thriving restoration companies.
- What a healthy company culture really looks like.
- The importance of training.
- & more!
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