Michael and Sherry Waldorf were worn out before their remodeling even started, having bounced from architect to architect trying to obtain a complete and buildable plan. When Matt Plaskoff Construction took over, both the project and the Waldorfs were reinvigorated.
Lessons Learned
Adopt a languishing Project
- 1. Expect frayed nerves. Before you became involved, the clients weathered problems. Now they are closer to the breaking point.
- 2. Provide TLC. The clients chose you to fix their troubled project. Make sure you are there to help guide the job, answer questions, and ease concerns.
- 3. Take charge of problem solving. One of the most appreciated services you can provide is to identify problems and take the lead in solving them.
- 4. Accommodate late decisions and change orders in your system. Integrate changes into the production schedule to keep the job moving; fold change-order charges into progress billings to keep cash flow positive.
Also see:
Project Spotlight: Remodeling Rescue
Cash Flow Analysis
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