Your business plan will outline the structure of your company and what jobs you are going do. Do you plan to concentrate on mixed concrete, or other types of installations? Do you plan to go residential, commercial, or industrial? Which region will you be serving? This is particularly important for smaller businesses to ensure that you don’t reach too far too soon.
Also, you need to determine your pricing structure. Are you charging fixed rates per job or hourly? Also, you should know how much profit you require each year to keep your business afloat so that you can determine the minimum number of jobs you will need.
Although we have already discussed the need for your own contractor license, any contracting company will need to obtain a license from the appropriate county, city, or state as well as register with state government. Before you can start your business, you will need to have the following types of insurance:
To start a concrete business, you will need lots of materials and equipment. You will need a vehicle to transport all your equipment and gear for each job. Also, you will need basic office supplies and equipment such as a computer. For small jobs you might be able to buy mixed cement bags, but for larger jobs you will need more. You might also consider investing in a mixer.
While it is important to understand the basics of forming a company, you should also start to look at ways to improve your business. Logistics is a common problem. It can be difficult to keep track of all jobs and deliverables in a busy company, especially because of the distance between the job site and the office. Situations such as public works and commercial construction make this even more challenging. The outcome is more complex than residential work because there are usually more people involved.