Backlogs have historically spelled good news for construction companies, but backlogs recently have become a double-edged sword. While the promise of work is still a great indicator of future revenues, backlogs don't necessarily predict future profits. Backlog is typically considered a contractor's biggest asset; however, in these market conditions, could it be the biggest liability? Find out in this insightful webinar with our experienced construction leaders.
Upon completion of this program, participants will be able to:
- Describe the current economic landscape as it relates to backlog and what it can mean for companies
- Discuss the potential strengths and weaknesses backlog can create for companies
- Explain tips and next steps to help mitigate the potential issues backlog can create