How To Succeed With Your Own Construction Business

If you dream of running your own construction company, this is the book for you. The authors specialize in remodeling, but the information they share is just as valuable to spec builders and subcontrctors. A step-by-step through the process of setting up a new company. Learn about several ways to structure your company, and the benefits and disadvantages of each of them. Learn how to make a good impression on clients, how to work with architects, inspectors and bankers and where to look for more help when you need it.

Take control of your construction contracting business and manage it through the natural highs and lows of the construction market. Learn from a team of construction business veterans led by Thomas C. Schleifer, who is commonly referred to as a construction business "turnaround" expert due to the number of construction companies he has rescued from financial distress. His financial acumen, combined with his practical, hands-on experience, has made him a sought-after private consultant. His experience and no-nonsense philosophy have truly given him a unique perspective. Important topics covered include: Understanding the primary areas of construction business failure in the next decade Minimizing business risk with real-world examples Developing a positive and competent management attitude and strategy Discover how to maneuver through this complicated and risky industry by using the authors' research and proven success strategies to sustain and grow your business.

Deciding to start your own construction company can be an exciting but overwhelming experience. With so much research, reporting, and paperwork to complete, it’s easy to get lost in the administrative details and forget the passion that inspired you to start your own business, to begin with. If you want to start a construction company, you need to read this book. About 90% of construction companies fail in the first year or two. Why? It’s not because they aren’t great at the construction side… But it’s because they don’t know how to run a business. I know a ton of contractors that are great on the field but don’t understand how to get more leads, win projects, and manage a team. If that sounds like you, don’t worry. If you absorb the tactics in this book, you’re almost guaranteed to build your company on solid ground and have unlimited potential to grow.

Only 43 per cent of U.S. construction firms remain in business after four years. Why? Inadequate management, according to the U.S. Small Business Administration. This is surprising because most construction firms are formed by ambitious construction project managers, executives and tradesmen who have excelled at what they have been doing. But as experienced as these entrepreneurs may be, they are not likely prepared to take on the full range of responsibilities forced on them in managing the business of construction in its entirety. While this business failure rate and its causes are based on U.S. experience, available data from a number of other industrialized countries shows they are similar. This book describes in detail what the business side of the construction equation requires of the construction firm owner. The contractor who quickly learns these requirements can identify and avoid or manage around the pitfalls that cause the high failure rate in our industry and put his or her construction firm on a level playing field with the best-run companies in the business. The detailed duties of the owner, whether in the U.S., U.K., Australia or Canada, are a common theme throughout the book. The author, Nick Ganaway, speaks peer-to-peer, and the book is sprinkled with supporting examples from his own experience. He is immersed in the industry and this book is "based on the things I've learned, used, and refined as a light-commercial general contractor in the course of starting and operating my own construction firm for 25 years." The contractor doing $5 million or $50 million or more in annual sales or the equivalent amount in other countries, or the entrepreneur who is just starting up, can use the tried and proven material in this book to build a business that is profitable, enjoyable, and enduring. Additionally, the book devotes a chapter to specializing in chain-store construction.

Focusing on budgeting and estimating — the least understood but most important factors of a contracting business — this guide shows contractors how to price their services to recover expenses and still have money for capital expenses and profits. It goes into detail on accounting issues and provides checklists for required government accounts. Plus, it covers concerns such as dealing with problem employees and clients and establishing lines of communication within the company.

This guide will walk you step by step through all the essential phases of starting a successful construction based business. To profit in a new construction business, you need to consider the following questions: What business am I in? What do I sell? Where is my market? Who will buy? Who is my competition? What is my sales strategy? How much money is needed to operate my firm? How will I get the work done? What management controls are needed? How can they be carried out? And many more. This guide will help you answer all these questions and more. Here's what's in the book: ~ Things to consider before you start - crucial things you must consider before you start pouring in your hard earned money. Ignore it at your own peril. ~ How to plan and start your new construction business - complete, step by step instructions, this is must-know must-do information; ignore it and you stand a good chance to fail. You get specifically designed instructions for each phase. ~ How to develop winning marketing strategies for your construction business. ~ How to plan and execute a results driven advertising program - tips and strategies to make your advertising pay off big. ~ How to find new customers - new customers and more sales are essential for profit and growth. Here's a little known yet extremely effective ten-step formula to locate and find new customers. This same formula helped one client of ours to increase his customer base by 46% last year. ~ Checklist for going into business - things you must consider before going into business, keeps you from costly mistakes when starting a new business. ~ How to reduce costs - a complete step-by-step organized program for cutting costs in your business. Clients of ours have achieved an average of 28% to 35% cost reduction with this technique, and you can too. Keep the money in your pocket with this one! . ~ How to get business loans - where do you go for the financing you'll need? your real options plus tips on which is best for you. ~ All these and much much more. Get These 9 Valuable Free Gifts (a limited time offer) Place your order by the end of this month and I will also include instant download instructions for the following free gifts: Free Gift #1: Business Financial Planner - This is a software program that will help you prepare budgets, cash flow projections, projected income statements, plan and analyze your start up expenses and sales, and much more. Free Gift #2: A Professional, high quality, full blown business plan template complete with detailed instructions and all the related spreadsheets. Free Gift #3: A Simple Business Plan Template in MS Word Format - allows you to craft a good basic business plan quickly and easily. Free Gift #4: Small Business Management: Essential Ingredients for Success (eBook) - this guide will teach you scores of small business management tricks, secrets and shortcuts. Free Gift #5: How to Create a Business Plan, Training Course (Online Video) Free Gift #6: How to Find and Attract Investors, Training Course (Online Video) Free Gift #7: How to Start a Small Business Manual (PDF eBook) - a practical guide that will walk you step by step through all the essential phases of starting your own business. The book is packed with guides, worksheets and checklists. Free Gift #8: How to Be a Great Manager and Leader (Video Guide) - In this video you'll discover 120 powerful tips and strategies to motivate and inspire your people to bring out the best in them. Free Gift #9: How to Better Manage Yourself for Success (Video Guide) - Take control of your life. In this video you'll discover 90 powerful tips and strategies to better manage yourself for success.

This incisive, practical guide provides a thorough breakdown of the ins and outs everyone needs to know when turning contracting skills into a business. From summoning the motivation to start your own business to the intricacies of being your own boss, Claudiu Fatu artfully turns his personal experiences and those of other successful contractors into advice on every aspect of building a business. The chapters focus on: Developing a business structure, including bank accounts, tax registration, insurance, and branding Handling legal and accounting hurdles Managing employees and dealing with clients Using marketing systems to find and book work Estimating and bidding on jobs Writing contracts Creating invoices and a billing system Controlling costs, keeping records, and understanding profit margin Planning retirement and other benefits for the self-employed By teaching contractors to anticipate problems that can arise when dealing with clients, and to build a business plan that can support a contractor’s talents in the best way possible, Starting Your Career as a Contractor is the ultimate manual to getting the job done right! Allworth Press, an imprint of Skyhorse Publishing, publishes a broad range of books on the visual and performing arts, with emphasis on the business of art. Our titles cover subjects such as graphic design, theater, branding, fine art, photography, interior design, writing, acting, film, how to start careers, business and legal forms, business practices, and more. While we don't aspire to publish a New York Times bestseller or a national bestseller, we are deeply committed to quality books that help creative professionals succeed and thrive. We often publish in areas overlooked by other publishers and welcome the author whose expertise can help our audience of readers.

With a daunting industry-wide business failure rate, construction professionals need to manage risk and finances as effectively as they manage projects and people. The Secrets to Construction Business Success empowers contractors and other professionals to defy the long odds threatening their stability, growth, and very survival. Drawing on the authors’ more than eight decades of combined experience turning around failing firms, this book provides a masterclass in structuring, managing, and futureproofing a construction business. Chapters on measuring and responding to dips in revenue equip executives to recognize and respond to the warning signs of financial distress while chapters on succession planning ensure that organizations survive their founders’ departures. Sample documents and tools developed for the authors’ consulting practice offer field-tested solutions to organizational structure, forecasting, and accounting challenges. A steady source of guidance in an industry with few constants, The Secrets to Construction Business Success makes an invaluable addition to any industry leader’s library.