Cleanfax Survey: What are the Top 5 Challenges for Businesses?


NORTHBROOK, Ill.—August 5, 2022— Every business leader is bound to face challenges from time to time. Whether it be financial, personal, or team-related, there are plenty of elements that a successful business must manage simultaneously leading to the occasional slip-up or stress point. Fortunately, by knowing what the most common challenges business leaders in your industry face, you can try to prepare for these inconveniences ahead of time to avoid them altogether. According to the results of the 2022 Restoration Benchmarking Survey Report, the biggest challenge businesses face is recruiting and retaining quality staff (90%) while maintaining margins and profitability (74%) is not that far behind. Meanwhile, over half of those surveyed also dealt with issues in differentiating their companies (62%) and cash flow challenges (54%).

Even the challenge in fifth place, increasing costs of doing business, still accounted for over half of those surveyed (52%). With this information in mind, restoration companies must be prepared to focus their efforts on recruitment procedures and profitability structures in order to counteract these problems once and for all. To help with this, be sure to check out our article, Insights Into Enhancing Employee Retention today!

As you continue to develop your business’ preventative measures, check out our full 2022 Restoration Benchmarking Survey results, sponsored by Legend Brands.

Samantha Hager

Samantha Hager is the Associate Editor at Cleanfax Magazine. With an extensive background in journalism and editorialism, Hager provides a unique perspective to the cleaning and restoration industries. You can reach her at [email protected]

Follow Samantha Hager

Related Posts

Share This Article

Join Our Newsletter

Expert Videos

Popular Content

slow economy

5 Marketing Strategies for Carpet Cleaning Businesses in a Potential ‘Slow Economy (the “R” word)’

link building

The Power of Link Building for Your Cleaning Company’s Success

Cleanfax March/April 2023 digital

Cleanfax March/April 2023 Digital Edition Online Now

Leadership Tip passion over experience

Leadership Tips: Passion Over Experience 

Leadership Tip buyer persona

Leadership Tips: Developing a Buyer Persona


Have you ever been at fault for ruining something and then had to pay to replace it, such as a room of carpet or hard floor, an area rug, or piece of furniture?

View Results

Loading ... Loading ...

Upcoming Events

February 21, 2023

Simply Irresistible: How To Create Marketing Messages To Find New Customers