Renovation and remodeling contractors are notorious for being bad business managers. Many contractors are skilled at building kitchens, bathrooms, room additions, painting, patios, etc, however, they are horrible at managing cash flow. When a contractor runs out of money when performing work on your project, your life can become a miserable Hell.

Bad Money Barry is a skilled contractor but also a bad money manager. When Barry is short on cash, he will use tricks such as unwarranted change orders to pad his pocket with extra cash.

Learn how to combat Bad Money Barry and avoid going over your project budget and experiencing project failure.

Renovation and remodeling can become confusing, chaotic, and expensive fast. One of the main reasons this fact rings true is because the contractor can contribute to unnecessary expensive changes that lead to budget-busting cost overruns.

Better Way Barney is the guy or gal on the contractor's staff who is the self-designated expert who loves to stray away from the project plan by doing the construction project better than outlined on the plan. Of course, these improvements come at a cost to your pockets. Additionally, some of these suggested changes disturb other areas of your project thus causing more project budget destruction.

Learn how to combat Better Way Barney and avoid going over your project budget and experiencing project failure.

Renovation and remodeling contractors use ambiguity as a tool to increase their profits by using cheap materials. When the homeowner discovers that cheap materials are being used, the contractor charges the homeowner higher than normal fees to use long-lasting, high-grade materials. In some cases, your project budget could double or triple. Many homeowners don't specify the materials to be used on their project and create "grey areas" of interpretation for the contractor to decide which materials are best for the best. This is a bad idea. This is where Ambiguous Andy comes in a robs your bank account by up charging you for the material upgrade.

Learn how to combat Ambiguous Andy and avoid project failure.