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Perceived Challenges
Current economy/inflation, material costs, and/or lack of qualified workers are concerns for more than two-fifths of respondents, followed by more than one-third showing concern for lowball pricing/bidding wars.
Cybersecurity & the protection of building info/personal data related to your clients
Safety enforcement for employees
Marketing/New business-related issues
Government intervention/regulations, including recentinternational tariffs imposed by the U.S.
Quality of materials
Working with insurance carriers
Cash flow/Financing
Insurance/Healthcare costs
Supply chain/material shortages
Lowball pricing/Bidding wars
Lack of qualified workers
Increased building material costs
Current economy/Inflation
10%
10%
15%
15%
7%
7%
9%
9%
7%
7%
9%
9%
12%
12%
16%
16%
22%
22%
37%
37%
51%
51%
51%
51%
51%
51%