How to Become a Concrete Contractor
How to become a concrete contractor, before you enter the concrete business, bear in mind that the competition is stiff, therefore be ready to work really hard to make it big. Once you are mentally ready for this intensive business, you can initially penetrate the market working on small residential projects and even multi-level commercial jobs. Your first year of operation would be the hardest, but by producing work to the customers’ satisfaction, you can ensure the success of your concrete company.
How to Become a Concrete Contractor in California?
There are certain things you will need to take care of to enter into this business. Have a look:
Education Requirements:
To become a concrete contractor, you will need at least a bachelor’s degree or equivalent in civil engineering or a related field. After that, you will need to obtain a license, which is a requirement in every state.
Experience:
No matter how learned you are on the topic in terms of theory, you will still need to gather a sufficient amount of experience. The industry you are dealing with is vast, and will require an understanding of a lot of difficult concepts and procedures. For this purpose, you are advised to get firsthand experience, both on the field and in terms of office work. This will allow you to work directly with materials, suppliers, homeowners and contractors.
Target Market:
You’ll need to know your target market. You may want to focus on commercial projects such as offices, schools and public works, or you can go for residential work that would involve pouring walkways and patios in people’s yards, etc. Concrete companies that work on both residential and commercial projects are very few, since the tools, skills and expertise required for both vary a great deal. Decide at the start which sector you want to work in.
Business Plan:
You need to have a business plan in place before anything. You will need to know the direction of your business, your goals, and strategies and so on. Even if you can finance the business on your own, having a proper plan will help you remain focused on the important matters at hand. Within this document, add your target market segments, your company’s mission and philosophy and your projected financial data. You can revise the plan semi-annually to keep it updated.
Purchase/Lease Equipment:
This would be particularly important if you are planning to work in the commercial field. For work in this area, you will need to get your hands on heavy duty mixers, vehicles and other required professional quality tools.
Legal Aspects:
This is one of the first things you should take care of when you plan on starting a business. Get in touch with a lawyer and discuss your options. You can consider forming an LLC or a corporation in order to make sure your personal assets are protected. You will also need to obtain liability, company auto insurance and worker’s compensation insurance.
Suppliers:
As soon as you initiate the planning phase of your concrete business, you will need to start looking for trustworthy suppliers. It is common for certified concrete contractors to arrange for a supplier who provides them with pre-mixed concrete. There are a lot of concerns you will need to keep in mind in terms of the supply chain, including scheduling of orders, drying of the concrete, the weather, etc.
Marketing:
To get into the commercial world, you have to start somewhere. You are recommended to start with the Blue Book’s BB Bid System. This is a free book service that lists every contractor in the US according to region. You can get a hand on a copy of this book in any contractor’s office. This helps you list your company for free. Contractors will then begin inviting you to place bids on projects as soon as you are listed. In addition to that, you are advised to meet with local contractors and request your company to be added to their bid list. And as far as the residential work projects go, you should ask any one you know to spread the word about your business and help you grow.
Once you have taken care of all of these matters, you can begin your business activities as a certified concrete contractors.