If you are a contractor, you know how difficult it can be to secure work on a regular basis. Not only is construction a competitive business, it's strongly dependent on economic factors. The recent recession has led to a significant drop in construction projects throughout the United States; and when a job opens up, numerous contractors scramble to make bids.

In highly competitive environments, a contractor must rely on his or her reputation to help convince prospective clients that his or her company is right for the job. Unfortunately, all too often, bad word of mouth can sabotage reputations and make it difficult to acquire new work. Before you begin another project, you should be familiar with Jim's story.

Jim's unfortunate problem

Jim is relatively new to the contracting business. After spending years as a foreman, he's decided to set out on his own and do business for himself. After successfully completing a pair of small jobs, he's secured the contract for a relatively large project that should bring him several thousands of dollars. He hires a small crew and purchases new equipment. Unfortunately, in an attempt to keep overhead down, he supplies his workers with traditional ratchets and screwdrivers.

Since each of Jim's workers has varying levels of strength, every bolt and screw is inserted to different depths. This creates a problem with uniformity that makes the project less attractive and potentially unstable. What's worse, many of the screws and bolts end up stripped and broken, resulting in higher overhead and extra man hours.

Ultimately, Jim loses a lot of money having to cope with these unforeseen problems. Additionally, the client isn't happy with the results, and Jim knows he will not be able to rely on a referral or endorsement going forward.

It could have gone differently

In construction, uniformity is critical. Not only does it promote attractive results; it ensures structural stability. Because they can be set to tighten nuts, bolts and screws to specific depths, torque tools are ideal for contractors who rely on large crews. It doesn't matter how strong or weak your workers are; torque tools can be set to enter a predetermined neutral state, so you'll never have to worry about over- and under-tightening or stripping and breakage. A great air screwdriver and torque wrench may cost more than traditional power tools; however, they can save you a lot of money and frustration in the long run.