Is There a Good (or Bad) Time to Launch a Contracting Business?
If you know a few self-employed contractors or business owners, you’ve probably heard them talking about different business and economic conditions. That can be confusing, especially if you’re thinking of becoming a licensed contractor yourself.
In fact, knowing that there are ups and downs, you might be asking yourself: Is there a good, or bad, time to launch a contracting business?
Certainly, there are times when conditions are more or less favorable. Seasons and weather, the economy, and even construction laws or tax incentives can all make it easier or harder for contractors to find new business. Yet if there is one thing we have seen among new graduates over the years, it’s that the best time to start is when you’re ready.