Is inaction costing you?
<p>The cost of inaction is the cost you incur from not doing something to grow your business. It’s the “opportunity cost” of doing nothing instead of something.</p>
<p>We’ve been investigating the strategies for building a successful Construction company. It boils down to consistent action, focused on five areas that grow your business by retaining profits, controlling project costs, and developing revenue streams.</p>
<p>Have you begun implementing any of the strategies we’ve been exploring?</p>
<p>Believe it or not, there’s a cost associated with not taking action.</p>
<p><strong>Return on Investment (ROI)</strong> is the monetary value of an investment versus its cost. <strong>Opportunity Cost</strong> is generally associated with choosing one path over another, but the <strong>Cost of Inaction</strong> (COI) also holds a cost.</p>
<p>What’s the difference between Return on Investment (ROI), which everyone knows about, and COI, which we often never discuss?</p>
<p>What’s the cost of NOT implementing anything from the <strong>5 Profit Centers?</strong></p>
<p><a href="https://vivianconstructionbizcoach.medium.com/is-inaction-costing-you-8c3ac2197f08"><strong>Learn More</strong></a></p>