Cyclical Industry Requires Careful Risk Management
Construction is a great business. Good contractors can build excellent companies and generate healthy profits. Construction is also a risky business. Almost half of all contractors in business today will be out of business five years from now.
Contractors should develop a strong team of...
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Jon Lunderberg is a partner with Buiten & Associates LLC. A construction specialist with 22 years of experience in writing bonds and insurance for contractors, he runs the firm’s construction practice. Earlier, Lunderberg was a construction lender at
a money center bank and started his career doing litigation consulting for contractors and owners. He holds an MBA in finance from the University of Michigan’s Ross School of Business and a bachelor’s degree from Hope College. Lunderberg can be reached at jon.lunderberg@buiteninsurance.com.