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228. 4 Essential Business Systems Every Contractor Should Master - Tony Fraser-Jones

Contractor Evolution

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Navigating Economic Challenges in Contracting

This chapter focuses on the significance of internal talent acquisition and financial management for contractors, especially in light of recent economic challenges like COVID-19. It emphasizes the need to adapt to market transitions and highlights the importance of meticulous job costing and tracking to enhance profitability. Through real-world examples, the speakers illustrate how small inefficiencies can lead to substantial losses, urging contractors to refine their financial strategies for sustained success.

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