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Either way, you will need to get a license to work as a concrete contractor in your state. A potential contractor should be between 18 and 4 years old. A financial statement showing the financial stability of your business is required. You may also need to submit financial statements that show the financial solvency of your business. Licenses should also be renewed every year.
We now have all the qualifications necessary to start a concrete contractor business.
The business plan will define the structure and types of jobs that you want to do. Will you be focusing on mixed concrete or other installation? Is your goal to be industrial, commercial or residential? What area do you intend to serve? This is crucial for smaller businesses, as it will help you avoid trying to reach too many people too quickly.
It is also important to establish your pricing structure. Is it a fixed price per job, or an hourly rate? It is also important to know how much profit your company needs each year in order to survive. This will allow you to determine the number of jobs that you must take.
While we've already talked about the individual contractor license, every contracting business must obtain the correct license from the county or city. You will also require the following insurance types to start your operations:
A lot of equipment is required to begin a concrete business. A vehicle is necessary to transport your equipment, tools and supplies from job to job. You may be able buy small quantities of concrete bags. However, larger projects will require more materials. A mixer may be an option.
It is important that you understand the fundamentals of running a business. However, it is also important to begin looking at ways to improve your company. Logistics is one of the most difficult areas. Logistics can make it difficult to keep track and monitor all the jobs and deliverables for a busy company. This is especially true when there are so many miles between a jobsite and the office. For situations such as commercial or public works, this can be even more difficult. It is common for more people to be involved in the final outcome than residential work.