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March 29, 2001

Five places to look to boost profits

By MARK HANSON
Benson & McLaughlin

Contractors work in an environment of intense competition, high risk and decreasing profit margins. The contractors that will succeed are those that outperform their competition, control costs and manage the risks inherent in the industry. Five key areas affect the profitability of all companies: people, organizational structure, marketing and sales, technology, and capital and financial management.

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