Construction Business Ideas
Is your locality on the fast track towards progress? Are there opportunities for you to start an engineering business in your place? What are the needs and demands of starting a construction firm? What types of engineering business can you start? Find the answers to these questions from our guide.
No city or town ever stays the same. Every place is always undergoing some form of development. The most obvious signs of development in an area are ongoing constructions of highways, communication lines, subdivisions and shopping malls.
Such developments give rise to opportunities for people to engage in business meeting the demand for construction services of the locality. If you are planning to enter into this field, here is a basic guide:
- You would need licenses to operate a construction business. You would need a professional license that would require some degree in engineering. You would also need licenses for the construction work you would have to undertake even for plumbing, and installation of storage tanks. Check with your states about the requirements needed to obtain a license.
- You would need significant investment for heavy equipment. The size of your investment would depend on whether you want to become a large contractor or a small one specializing on a certain area of expertise. For earth-moving, road making and construction machinery and equipment (trade), visit www.kompass-usa.com
- Managing people is one of your main tasks. You would have to deal with payroll, taxes and labor laws.
- The safety of your workers and of people who are subject to construction hazards would be on top of your concerns. You have to put in place safety programs that would prevent slips and falloffs and accidents that could happen to passers-by and motorists.
- Work is on a contract basis. Some projects are secured through biddings. Payments could take some time to arrive.
- You have to work hard to establish and keep your reputation. You must see through that your work is of quality from start to finish, on time and within budget; and your clients pleased with your service.
- Liability insurance is a necessity. You never know when accidents would happen to your workers, to passersby and motorists. You would need protection from possibilities liabilities arising from injury or death or damage to properties.
What Engineering Businesses You Can Start
Miscellaneous Engineering Business – you can start small specializing in the repair of cracks in concrete, cement, block, or in home improvement, or installation and design of popular outdoor support structures, gutters, sidings, among others. The challenge in this is keeping the contracts coming so that you can regularly pay yourself and your workers. One of the hardest realities for a small business is you never really know when is payday. Your invoices can be paid in weeks or months. Find construction materials and tools for home builders and remodelers at www.ebuild.com.
Utility Line Construction Business – you can work on installing water, sewer mains, drainage, flood control facilities and gas pipelines; communication lines, including traffic signals and street lightings; power and transmission lines. This industry is greatly affected by regulatory policies, tax laws, consumer spending and government budget.
Roadways Construction Business – you can either operate as a large company doing large projects like interstate highways, or a small one specializing in making roadways for commercial and residential projects.
27 Comments
- Hello, my name is monica, i would like to start a construction business but i don't have any qualifications and have never been into any business, i really need help. please, 0843278627, ktreeycia@mighty.co.za, thank you
- i am doing a project at a college. so i need some ideas to make my company unique. its called malunga construction company
- Hello, i would like to make my construction firm very popular and known in Kenya, establish my self, i have got some of the qualifications and already doing some renovation work for Kenya shell. assist on that please.+254721288769, thank you.
- I'm a five years experienced civil engineer who worked both in Ghana and Liberia. Now i have my own company but i dont have enough capital so i face problems in executing contracts. Two projects i have secured so far are all 100% pre-finance and they are not big jobs. Please i need your advice for this my company to become one of the big companies in five years time.
- Hello, my name is Barani, i would like to start a construction sr business development executive but i don't have any qualifications about in this field and have never been into any business, i really need help.thank you
- Hello, I am starting a construction business and I need some direction. I am completing a drafting and design degree and will be going into my Construction Management, however, I am starting the construction business now before completing my schooling.
- Hi. its my pleasure to post my business here. i work as owner and manager of my small construction company. i love my job and i do really care about quality work. this is done with my few technical stuffs only. but due to the construction boost here in ethiopia, its impossible to work more than one project at a time. if i go for more, the quality is being compromised. so tell me what to do with it. Many thanks.
- hello, i am a indian guy and i have 4 years construction experience in india. i want a good company who can support me in Liberia so that i can show my efforts and work...thank you
- HI MY NAME IS ARIF .I AM IN CONSTRUCTION FIRM. I AM WORKING ON A BIG PROJECT .I WANT SOME FANATICAL HELP .WHERE TO GO
- I am from chennai,India.I need building construction works in and around chennai.my id alaguudaya0306@gmail.com
- I had started a new construction company, help me in getting some good small project. where to go.
- Hello, my father is running a construction business in b.c.c.l(Bharth cooking coal limited)at dhanbad. his have all license .which one need to b.c.c.L's tender but i want to do work as construction firm and i want to participate every ware for tender just like a global tender , state govt tender. so how can i convert my fatter license as firm license and where can i go to financial help...........
- hi, i am a BBA graduate, trying to open a construction company but due to lack of finance i am not sure how to do it. i can get license but it is difficult to get a project here in Afghanistan due to corruption and bribery. any suggestion for me please email me at s.azami14@gmail.com
- hi sir am electric contractor, i want to electric contractor work ideas , in maharashtra mumbai raviadole@indiatimes.com mob9421543702
- hi i am a civil engineer and want to start a construction company but i have no idea about it. please give me some direction. please suggest me how much money i will have to invest to start a good construction company.
- hai, i am going to plan a paint dealership in one leading company (national paints), what are the main things to start a dealership. i am in tamilnadu.....
- I am a civil engineer and i have experience in 3 year i want to start a construction company.
- I am investment 5,00,000 rs in construction company help 08003360804
- I HV total station machine if u need any work related to land survey. I want to open new construction company I need group civil engineer & investment 5,00,000 rs plz help lksharma 08003360804
- lksharma. hi i am a civil engineer and want to start a construction company but i have no idea about it. please give me some direction. please suggest me how much money i will have to invest to start a good construction company. 08003360804
- Get me the list of procedures and processes in successfully setting up a construction related firm. Thank you
- I am a student in Durban University of Technology doing my 3rd year in Civil Engineering. I want to know that is it ok for me to start a construction business @ this early stage while I have not completed my National Diploma.
- my business is at Tigatto Davao City Philippines, I am hard problem on owners who dont pay after your hardwork and service
- my fellow contractor abroad, we can make a partnership building here in Davao City,its the 9th safest city in the world, just contact me at 09282492032.or +639282492032
- Hai sir good evening. First of all I would like to congratulate to you for rendering your good services. I am really interested in infrastructure activity. I am a professional banker in some pvt sector bank. Business is my zeal and passion . In our area there is huge scope and demand for construction activity. I want to grab this opportunity. Please send what are the opportunities to me through Mail satyanarayanavd@gmail.com
- Hello my name is kenneth from south africa in limpopo provice around thohoyandou .i have national diploma in civil engineering n right now i am busy doing trade certificate on carpentry. I want to start business construction business....can someone help me drafting business plan and everything contact me please on email kennethmurendeniraedani@gmail.com
- Hello, I am Manoj Kumar I start my construction business last 6 years and I am dealing with small projects. now, I want big construction projects. I really need help please contact me 8377089065 manojgrg669@gmail.com
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