Category Archives: Business growth

As a contractor, you may be called upon to make upgrades or repairs to work that clearly did not follow the proper path. Not every construction project needs permits, but many do. A lack of proper permits can be an indicator that the work was not completed to local building codes. This guide helps you ascertain whether or not work …
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Being able to say that you work with sustainable construction materials can be a boon for your construction business. When you evaluate supplies for their sustainability, you’re looking at consumption, waste and regeneration. Most materials can be sustainable, but you’ll have to do some research to confirm that your supply line is following best practices. This means that even if …
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As a contracting business owner, you want to provide all the details in your communications with prospective and current customers. The trouble is getting them to read all of it and remember it. If clients can’t get the relevant information from a proposal, email or estimate, they might take up a lot of your time asking for details you’ve already …
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In building, sustainability has certainly become a buzzword. The problem with sustainability is that it can mean different things to different people. Knowing the basics can help you to understand why sustainability is trending, and how you can make it a part of your strategy for your contracting business. Here are the basics of sustainability and how it applies to …
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In building, sustainability has certainly become a buzzword. The problem with sustainability is that it can mean different things to different people. Knowing the basics can help you to understand why sustainability is trending, and how you can make it a part of your strategy for your contracting business. Here are the basics of sustainability and how it applies to …
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  As you gain experience in the construction industry, you’ll realize that there are several different processes that property owners might use to design a project and have it completed. Understanding these unique philosophies, such as Design-Bid-Build and Design-Build, can help you tailor your expectations to the assumptions of the person in charge. With this information, you’ll know the fundamental …
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Fires at construction sites cost hundreds of millions of dollars in damage each year. This industry is at a higher risk for fires with a greater likelihood of major losses. Fortunately, there are many methods you can use to minimize the chance of causing a fire, and protect yourself and your investment. Consider these common guidelines in your safety analysis …
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With so many possible jobs that are closely related, your current experience might apply to a host of contracting fields. Once you get your license and start working, you want to be sure that you’ve made the right decision. Ask yourself these questions to help refine the field that will make the best start for your contracting business. What Kind …
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When you are first looking at ways to set up your contracting business, overhead costs are a big deal. So is the space you need to work. Although everyone dreams of having a warehouse full of equipment that’s paid off and inventory ready to go, you have to start somewhere. For some people, somewhere might be their own homes. Read …
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When business is booming, you might take on a few employees to help you complete your construction projects or handle administration tasks you don’t have the time to do. Finding good employees is difficult. In an industry with a labor shortage, keeping a great worker can be even harder. Here’s a few tips you can use to ensure that you …
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Home inspection is a busy career that allows you to work with real estate professionals, homeowners and buyers to determine the condition of a target property. Since you’re not required to have a contractor’s license in California to be a home inspector, it could be a great way to get into the industry. Here’s how it works. What Is Home …
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Trying to start your business without a ton of money is hard. You either need to save or find some other form of funding. When you ask around, you might get recommendations to focus on savings or credit exclusively. In truth, you’ll probably do best with a balance of the two. Here’s how to figure out what you might need. …
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Protecting your contracting business against financial liability is vital to your ability to succeed. As a business owner, you’ll need to carry a variety of insurance types to protect yourself, your employees and your financial interests. Errors and Omissions insurance is a policy that provides you with support in the event that you have to pay for problems that occur …
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If you aren’t working as part of a company, you might need to subcontract out some work from time to time. The trick is to find the professionals who will make your project better. Here’s how to know you’ve got a good subcontractor. Maintains Excellent Communication A subcontractor who knows how to balance work with administrative duties is worth their …
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Making sure that existing buildings can sustain impacts from an earthquake is an important job. The Earthquake Brace & Bolt program offers a reimbursement for homeowners who hire a licensed contractor with the proper training to do the work. Here are the details of the program, and how you might use it to expand your contracting business. Why Are Seismic …
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Property assessed clean energy (PACE) programs offer a way for property owners to finance special upgrades to structures and systems. This guide explains the basics of the PACE program, and how this kind of financing might affect your contracting business. Why Is Clean Energy Important? Reducing energy consumption by switching to more sustainable forms of energy can be a big …
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You go to draw out a simple design for a customer, only to realize that you left your paper in the truck. Now your client wants to keep the sketch, and you’re not sure how best to get it to them. What if you could just bring out a tablet and have everything ready to go? These web-based tools help …
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If you have spent some time researching online marketing for your construction business, you probably already understand that having a solid online presence is key. But, how do you know that you have a solid online presence? With these tips and tools, you can get back-end analysis of your marketing approaches. That way, you can target your budget in the …
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Sometimes, the cost of materials or labor goes up. You might have to raise prices or risk cutting your margins too low. With these ideas, you can position a new pricing scheme in a way that is least likely to frustrate repeat customers. Evaluate the Needs of Your Customer Base If you want to deliver your message in the best …
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The moment you take the licensing exam is often the culmination of years of preparation. Here’s what to expect (and what you should bring with you), so that everything goes off without a hitch. Where to Go When you apply for a particular examination, you must wait for approval before you can take the actual test. There are several testing …
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  Communicating with clients is absolutely vital to the success of your contracting business. The trouble is that sometimes, it’s not clear exactly how you should be writing for them. These tips help you determine the best communication styles to use for residential, small business and corporate clients. Getting Started When you are just starting out, you have to figure out your …
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In your contracting business, you learn quickly that your margins will make or break your ability to pay your bills (and yourself). Setting fair prices for the work you do and improving your overall business efficiency is key to keeping your business afloat. This guide identifies ways that you can increase your profit margins wherever you can. Market Value Over …
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Once you get a little more established in your contracting business, you might decide to rebrand it. Perhaps you don’t like the name you originally made, or you want to change it to incorporate a new partner. Maybe you have new services you would like to feature. These tips help you transition from old ways to new opportunities. Develop Your …
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You’ve done all the preliminary work. You have taken the exam and passed. You just cleared one of the biggest hurdles toward your own contracting business. Now what? This guide shows you the next steps. Applying for a License Although getting your application accepted for the licensing exam and then taking it means that you are almost done with the …
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You’ve hit the books every night for many weeks. You’ve become confident in your skills. You have reviewed all the requirements and you can easily prove your work toward them. But how do you know that you’re ready for the exam? If you can answer yes to the items on this checklist, you may be good to take the next …
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Ever since the housing crisis, the construction industry has faced a significant shortage of skilled workers in a variety of fields. With this information, you will understand the extent of construction’s labor shortage, and what that might mean for your future in the industry. Why Is There a Labor Shortage in Construction? The housing crisis dealt a terrible blow to …
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As you start to develop more experience in your chosen field, you might decide to apply for another classification on your contractor’s license. For a small business, adding a new classification might noticeably expand your ability to provide services to various customers. If you think you might be ready, here’s what you need to know. Why Might I Add Another …
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If you have a friend who wants to pursue the same career as you, it’s easy to wonder if you might be able to do even better working together. Although many partnerships lead to a satisfying business relationship for decades, there are a few things you should know before you get started. Take a Trial The best way to learn …
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You have a stack of satisfied clients, but your reviews pages are practically bare. Is there some secret to getting happy customers to rave about it on social media? You bet there is. Here’s how to do it. Create Profiles on Multiple Platforms There are many places that customers might choose to leave a review. You are probably familiar with …
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