If you are interested in getting into the construction business, but lack the financial capabilities to start a big company that cater to big clients, a small-scale building business would work perfectly for you.
While the million-dollar service providers will deal with big projects that you are not cut out for, they will hesitate to undertake small and medium scale jobs from both residential and commercial customers. This creates a highly opportune market for any entrepreneur with the right plan.
Skills and Qualifications
This is obviously a field that require the mastery of proper skills to build a reputation and a brand-name for yourself, and this will not happen overnight. You can start your journey by learning about the industry taking classes on masonry, offered at community colleges and trade schools as well.
Later, you can work as an apprentice for 2 to 3 years, after which you can earn the journey-man mason credentials. With this, you can effectively market yourself and build a reputation as a qualified service provider with sufficient experience and credibility.
Know Where to Find Business
Being a small business doesn’t necessarily mean that the customer should directly contact you regarding building requirements. While residential customers will probably do this in most occasions, the commercial ones will probably get to you via contractors and home builders.
Nowadays, commercial-masonry is booming because these buildings are constructed with a combination of glass, concrete, bricks and tiles. Therefore, focus on spreading the word about your business in your local area for the safe of the potential residential clients while also making connections with reputed contractors to hopefully secure those big dollar opportunities which will prove to be useful in the future.
Equip Yourself with The Right Tools
As an apprentice, you were able to rely on the equipment of your employer for the work. However, now that you are going to start your own thing, you will have to invest on finding the right set of equipment for the work you plan to undertake.
While the hand tools and other such equipment will not cost you a lot of money, the heavier and more sophisticated tools will set you back by some. Do a proper bit of research on where you can by the best equipment, for the lowest price. If there aren’t many such places in your area, consider online purchasing. For instance, buying plastering tools online is very simple and easy. You will have many choices to look at too.
Hold Off on The Office Space
Since you’ve just started your business, and you don’t have a lot of walk-in clients, suppliers or employees, it wouldn’t make a lot of financial sense to invest a large amount of money on a work space just yet. You may need a shed or a small warehouse to store all the equipment safely, but opt for conducting your business activities from home until your operation grows in size to the point where an office becomes essential.