A lot has changed during my 40 years as a business consultant; yet much remains the same. Here are a few examples of the more common mistakes roofing contractors make.

Many of your employees face daily financial challenges. Put processes in place to protect them from themselves.

Running a business can be a lonely proposition.

Accounting, particularly profit and loss statements, is much easier to understand than many contractors realize.

In the beginning it can be a huge profit boost but eventually that return diminishes.

Don't underestimate how little things and a willingness to change can dramatically impact your success.

Current employment shortages and challenges have some roofing contractors feeling trapped and resorting to poor personnel practices.

When hiring, here are some traits to look for...

Family business consultants and research estimates that 30 percent of businesses make it to a second generation, and only 12 percent to a third.

So how do star employees go bad?