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Starting a new job can be a risky venture, especially if you're becoming self-employed. Self-employed means bearing all the burdens yourself. You invest in materials, training, transport and advertising. You put in the time, energy and enthusiasm needed for success.
That's a huge investment for anyone to make. And it can equate to huge losses when things go wrong. No one wishes ill on any one, but bad things happen, even to the best, hardest working people among us. Jobs go bad, people get hurt, or even sued. If you're your own boss, you bear the cost of those events as well as the more day-to-day costs of operating your business.
There are a lot of people who are paper contractors. Knowing if you are one is important so that you can determine what kinds of licensing you need and how to get your business on the right track.
Starting a Construction Business: Opportunities and Challenges in Today's Market
Posted on May 15th, 2023
The construction industry is currently experiencing strong growth, which is creating opportunities for small businesses to succeed. According to the U.S. Bureau of Labor Statistics, employment in the construction industry has been steadily increasing since 2011 and is expected to continue to grow over the next decade. This growth is being driven by a number of factors, including an increase in construction activity, a growing population, and rising demand for new homes and buildings.
Successful companies require strong leadership and a clear vision. Here are some things leaders destined for growth are doing.
Scaling your construction business can be a challenge. One of the biggest obstacles you'll face is finding the right people to help you expand. It can be tempting to look for already licensed contractors to take on more work, but there are advantages to hiring from within and sponsoring or supporting employees who want to get their licenses.
Business plans are a great way to organize your thoughts, research, and key business strategies. A written plan can help you focus on the essential aspects of your business while also providing longevity should unforeseen events suddenly arise. With an operational business plan, your new construction company will be off and running smoothly within a short time. Read on to learn the tips for creating a business plan;
Keeping Your Arizona Construction Company in Good Standing: A 4-Point Annual Checklist
Posted on November 2nd, 2022
To leverage the expected increase in construction volumes, you've to keep your company in good standing. Our team at Arizona Contractor License Center (AZCLC) has created this comprehensive checklist of everything you need to do to protect your license. Read on.
Starting a small construction business can be a great way to get your foot in the door of the industry. However, as your business grows, you may find that you need to expand your services in order to continue to be successful. In this blog post, we will discuss some of the different ways that you can safely and effectively expand your small construction business. We will also discuss the importance of being licensed and staying compliant with all applicable regulations.
As the revival in Arizona's construction industry continues, this is the best time to get your contractor license and legitimize your business. An Arizona contractor license maximizes your earning potential and builds your credibility. The Arizona Registrar of Contractors (AROC) contractor license application is lengthy and convoluted. Many contractors miss out on licensing through errors made in the application process.
To guarantee successful AZ contractor license application, here are some common mistakes to avoid.
Phoenix to See Contractor and Construction Services Grow with Opportunities
Posted on June 6th, 2022
Phoenix, AZ, is now one of America's top cities for growth during the last decade, especially during the COVID pandemic. While we are seeing a slowing construction in 2022, "the highs of 2021 should be surpassed as early as 2024."