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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.
Do you possess extensive knowledge of the construction industry and pride yourself on being a hard worker? Are you the entrepreneurial type, constantly on the lookout for that defining moment that propels you into the world of successful business ownership? Do you often daydream about taking charge, making impactful decisions, and signing crucial documents that bring dreams to life? If this resonates with you, this post is for you.
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.
Over the years, if your construction business grows considerably, you may be inspired to expand your operations beyond Arizona. However, the legal requirements and tax obligations of the state you'll be investing in may differ or resemble Arizona's. Thus, you should be more conscious by undertaking proper research before the actual time, among other aspects. Fortunately, here are three easy ways of expanding your construction business outside Arizona:
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;
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.
Arizona expects massive job growth over the next 10 years, with the construction sector seeing the fastest job growth rate. With such an outlook, this is the perfect time to get your Arizona contractor license and. It all starts by acing the contractor licensing exams, a key requirement set by the Arizona Registrar of Contractors (ROC). With so much on your hands, how do you study for the trade exam and the AZ Statutes and Rules Training Course and Exam (SRE)? At Arizona Contractor License Center (AZCLC), we got you covered.
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