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Robert Kulinski said:
My challenge is to diversify the revenue stream. I am relying too much on one client. Granted he has really deep pockets. (He just financed a $100 million+ deal out of his own pocket) but it is never good to keep all your eggs in one basket.
Been there before, Luckly it has lasted and still last today. There was a couple times I just wasn't sure if I should keep with it but, I did. Never looked back again.
It's going to be strong though the remainder of the year. But I am like James, I am always working 4 quarters out. As long as the projects are in the pipeline they take care of themselves. It's nice having a geograpically dispersed market because when things are slow in one town they are booming in another. There is not much going on in Denver this summer but Dallas is hopping. There are 4 big projects starting up there shortly.
The off shore market is going crazy.That market is end date driven. Once production stops the operator has 1 year to tear it down or else they will lose a lot of $$. And of course, the less time a contracor has to perform the work the more they charge.
My challenge is to diversify the revenue stream. I am relying too much on one client. Granted he has really deep pockets. (He just financed a $100 million+ deal out of his own pocket) but it is never good to keep all your eggs in one basket.
I have been pretty busy, but then again my work is usually a year or more out.
With the hurricane clean-up and demolition contracts, both public and private, some demolition contactors are having banner years.
As Robert has stated before, 2006 is the year of the implosion and so far there has been at least one structure shot every week this year.
Right now construction around here, in Washington State and the Northwest, it is starting to boom again. I have talked too many who are having a difficult time finding skilled labor and operators.
6:01 PM
February 1, 2006
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What is everybody's outlook for the rest of 2006? I was confident that it would be a busy year. So far, I do not think so. I have spoken to many other business owners and they have the same opinion. 2006 is somewhat of a dud. Do you think this is true? If so, what do you think are the causes? Gas prices, interest rates?
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