Are you thinking of entering the field of residential or commercial contracting? Entering a new profession—any profession—is a difficult decision. Whether you have years of experience in the construction industry or are new to the field, there are a number of items to think about as you take the steps to become a contractor. You should clearly understand not only what that new profession will be like, but the best path to success for you in that profession.
A residential or commercial contractor is more than someone with solid construction knowledge or experience. While knowledge of construction is essential, successful contractors also possess a good understanding of business and sales concepts. To have a long and successful career as a contractor, you must serve your customers better than your competition AND you must make a profit.
So, you've considered starting your own business as a contractor. But have you thought about what the financial lift will be to get your business off the ground? This article breaks down some of the most significant investments you'll need to prepare for before taking the big leap into self-employment as a contractor.
Your customers want to know that they're hiring experts in the field. Set yourself apart by focusing your contracting business on a few niche offerings. This article will demonstrate how you can market your contracting business more efficiently by narrowing down your offerings to a few key specializations.
If you are thinking of becoming a residential or commercial contractor, there are a number of factors to consider to set yourself up for success. As with any financial opportunity there is a degree of risk, so it is best to consider your options within the profession as well as research your local market. Then create a business plan.
Technology can be a great help to contractors looking to streamline tasks or get more business. The hard part is knowing where to start. Wondering how you can implement technology at your construction business? Take a look at this article for 5 ideas on how to get started, including tips on utilizing social media, project management software, and more.
The construction off-season in winter and fall can be a great time for your contracting company to focus on a few key optimizations that can make a big difference for your business in the long run. During the spring and summer, your business may not have had time to focus on things like marketing, networking, and expanding services. The off-season can be a useful time to learn more about new strategies and tools for improving your company.
Every contracting business needs a safety plan to keep their employees safe and secure. There are many moving parts to safety on the job, so having a plan is essential. Take a look at this article for tips on how to improve safety standards at your business, including how to plan, perform inspections, and make weather arrangements.
Costs of equipment and upkeep are a major concern for many construction businesses. It can be hard to keep costs down while on the job. This article will give you five tips for reducing the amount that you spend on equipment and upkeep, including preventative maintenance, training, storage, and more.
Narrow profit margins in the construction industry mean that even one mistake on the job can mean big losses for your business. Learn how to improve your profit margins and minimize the chances of delays and other mistakes that could cost your business. In this article, you'll get 5 tips for boosting your business's profitability, including goal setting, productivity, and more.
Retaining more clients means more money for your contracting business. Since the industry is always changing, you might find it difficult to keep up when other businesses offer new skills or talents. Take a look at these tips for retaining more clients and keeping your business top of mind amidst the competition.
Your team can make a big difference in what your construction company is able to accomplish. Are you hiring the right people and retaining your valuable employees? Even if you think you are doing your best in this area, take a look at these seven tips for improving your retention rate and making better hiring decisions. There might be something here that you haven't heard before.
When your projects don't go as planned, it's easy to make rash decisions if you haven't taken steps to prepare for potential emergencies. Hasty reactions to emergencies could cause even more damage in the long run. If you have a plan of action when faced with an unfortunate event, you're upping your chances of making the best possible decision for your business. In this article, you'll learn how to prepare for potential emergencies you may not have even considered.
As a construction pro, you've likely seen first-hand the impact delays can have on your productivity and bottom line. And while some delays are innevitable, many can be prevented. In this article we break down five tangible strategies for avoiding delays that you can put in place today to make your company more profitable and productive.
As important as cement is, the process to manufacture it is also a major cause of industrial air pollution. The production of clinker, a key ingredient in cement, is a chief source of emission of noxious gases, especially carbon dioxide. Could 'green cement' provide a sustainable and suitable replacement?
On April 8, 2015, the Administer of the EPA signed the final rule to extend the certifications for certain individual renovators. This rule pertains to individual renovators who received certification prior to March 31, 2011. Read more to find out what this means for contractors.
Leads are the lifeblood of every contractor's business. The long term growth and success of your business depends on your ability to attract and convert new business. We've put together this list of four lead generation ideas that you can begin using today to increase the volume and improve the quality of leads for your contracting business.
To be an effective contractor, you clearly need the skill set necessary to successfully complete projects. But you also need to have an understanding of the geographical area, as well as the local real estate market and the competitive landscape of other contractors in the area.
It's official—the MN Department of Labor and Industry (DLI) announced that the 2012 International Residential Code will take effect January 2015. Read this article to find out what this means for your current building projects.
Are you approaching 5 years since you become EPA lead-safe certified? If so, you will need a 4-hour refresher course to remain a certified renovator. Once your recertification course is completed, your certified renovator status is active for 5 years from the course completion date.