In the current testing economic climate, many companies fall foul of the difficulties and problems that occur through a decrease in workload and a lack of spending by those who use their services.
The construction industry sees this more than most industries, so it is imperative that a plan is in place to deal with it – after all, the nature of the industry is cyclical and this will not be the last time we hit difficulties.
Although this plan will need to be company-specific and is dependant on many factors, there are a number of criteria that have been previously successful that should be considered.
The attached article is a guide, or a series of signposts that can help point a company in the direction towards survival.