Starting a concrete company requires several licenses and permits, which vary from state to state. You must obtain a contractor’s license in most states, so make sure to research what your state’s requirements are. Other requirements to get started include federal regulations such as a health license from the Occupational Safety and Health Administration, a business license, and licenses for patents, trademarks, and intellectual properties. In addition, you must secure any necessary insurance to operate your business.
Licenses
Before starting a concrete company, you should consider what licenses you will need. A resale certificate will allow you to operate without paying sales tax on the items you sell. While this does not apply to concrete supplies or equipment, it can help you save money. If you plan to operate out of a business building, you will need a Certificate of Occupancy. This document is issued by the city or county where you plan to operate. This is necessary to make sure that your building meets local codes and requirements. Home-based businesses may require a home occupation permit as well.
You must also determine your target market and determine what you want to specialize in. Are you focusing on commercial construction, public works, or residential construction? If so, it is best to narrow down your business focus to those specific types of jobs. The scope of your business is also an important factor, as some types of jobs are more difficult to track than others. Make sure you’re able to focus on specific areas in your area to minimize the risk of miscalculations and other complications.
Certifications
Before you can run a successful concrete business, you will need certain certifications and licensing. If you plan to operate out of a commercial building, you will likely need to acquire a Certificate of Occupancy. This document grants you the right to operate in the building, provided it complies with local requirements. Alternatively, if you plan to operate your business from home, you may need to get a home occupation permit.
As a concrete contractor, you need to understand construction blueprints. Completing a General Contractor exam is essential if you plan to grow your business. Additionally, becoming EPA Certified is a great way to expand your business. This certification is available through the EPA and takes only one day of class. You should consider completing it if you plan to work with public-sector clients. Here are the steps to become EPA Certified:
Equipment
Before deciding to start your own concrete company, you must first determine its scope. This includes the equipment required for construction, including the proper vehicle, a specialized crane, and protective gear. Additionally, you will need to set up a plan to prevent injuries and accidents on the job site. To do so, it’s important to research the legal requirements, safety measures, and available facilities in the city you want to open your doors.
While starting your own concrete contracting business may seem like an easy way to begin your business, it’s important to note that there’s stiff competition in this field. In addition to the competition from other construction businesses, it’s also vital to establish a unique selling proposition. By marketing yourself properly, your business will always have a competitive edge and maximize profits. As long as you know what you’re doing, you’ll be able to start earning money quickly.
Insurance
Before you start a concrete company, you should ensure that you have all the necessary insurance coverage. Workers’ compensation insurance is required for all non-owner employees. This insurance is especially important since clients often ask about it before hiring you. It is also important to protect your expensive equipment and tools. If the equipment and tools aren’t covered, you could end up with a large bill. Fortunately, independent agents can help you find the right coverage for your needs.
As a contractor, you likely use several vehicles. You may use cars to make appointments, trucks to transport equipment, or large mixer trucks. Your business auto insurance may cover the costs of bodily injury and property damage that may result from your company’s work. But you also need to get hired auto insurance for your employees, if you plan to let them use their personal vehicles for work. Hiring auto insurance will protect you both during and after a job.
Marketing plan
There are many important parts of your marketing plan for starting a concrete business. First, you must determine your pricing structure. You will need to know how much your direct costs will be for each job, including materials, supplies, and hired labor. Next, you must decide your profit objective. You will also need a truck or van to haul materials to and from jobs, as well as some basic office equipment. These are just a few of the most important components of your marketing plan.
You should also include customer types in your plan. The customer types that you want to attract will be essential elements of your plan. This document should also be comprehensive enough to be used by your management team, potential investors, and lenders. While you can use a template to create a marketing plan for starting a concrete business, make sure to personalize it to meet your business’ unique needs. Also, be sure to include the costs involved in starting and running your new business.
