
Five steps to avoid getting caught in a tradesperson’s company collapse
As a homeowner, there are few things more stressful than hiring a tradesperson or contractor only to have them go out of business mid-project. As reported by News Australia website the recent collapse of the Plumbfirst Group is a stark reminder of what can happen when things go wrong, leaving many customers unsure of what to do next. To avoid finding yourself in a similar situation, it’s important to do your due diligence before hiring a tradesperson or contractor. We’ve compiled a five-part checklist to help you spot companies at risk of closure and avoid getting caught in a tradesperson’s company collapse. From checking your contractor’s insurance to researching their online presence, these tips will help you make an informed decision when hiring a contractor for your next project. Your five-part checklist to spot companies at risk of closure For those in New South Wales who have had jobs worth over $20,000