Monthly Archives: August 2020

Types of PPE Your Contracting Business May Need

Like some industries, construction has a tendency to put people at risk for illness or injury. This is why so many tasks require personal protective equipment (PPE). There are many types of PPE you may need, depending on your field and the kind of work you do. Here’s what to expect from headgear, masks, gloves, boots and more.

Masks
The recent pandemic has made masks a topic of national attention. The right kind of mask for the construction job depends on what you’re trying to prevent. In the normal case, you’re looking to minimize what you inhale. Masks that are designed for disease prevention filter what you breathe out as well as what you breathe in. For most jobs, using a standard N95 mask may be sufficient. For jobs involving hazardous chemicals or inhalants, you may need a respirator with a filtration device. Face shields can also minimize your exposure, but unless they provide a tight seal around your head, they’re usually meant to be used along with masks and protective eyewear.

Eyewear
The type of protective eyewear that you should use depends on the task at hand. For example, someone who is simply trying to avoid a minimal amount of dust in the air may be able to get away with a basic pair of protective glasses. People who are working with hazardous materials may need to use goggles that surround their eyes and create a tight seal to completely prevent any contamination. Working outside during daylight hours may require you to use tinted eyewear to minimize sunburns and increase visibility. If you’re working with equipment like welding, you might need to wear a specialized protective helmet or shield with a certain type of tinted glass.

Footwear
For most jobs in construction, you need footwear that covers the entire foot and is comfortable to wear for long periods of time. As a general rule, you may also want to purchase boots with ankle support and a slip-resistant sole. This helps you to avoid falls, particularly if you are working above the ground in an exposed area. For use with certain types of tools, you may consider boots with a puncture-resistant upper. This can prevent you from hitting yourself in the foot with a nail, or puncturing your foot by stepping on something sharp.

Body Protection
Although many forms of PPE focus on protecting your eyes and nose, there are a variety of equipment choices you may want to make as well. For example, you may want to invest in:

  • Protective, durable outerwear that covers the body and can go over your regular clothing
  • Gloves that protect your hands from freezing, burning or cuts, depending on the task
  • Hard hats that minimize the risk of injury from falls or from falling debris
  • Hearing protection when you are working with or nearby equipment that causes loud noises

These tools are highly specific to the job at hand. You may need some or all of them.

Fall Protection
In most cases, your protection against falls comes from the layout of your working space and additional equipment installed. This means that you should look for things like guard rails and safety nets if you’re going to be working in an exposed area above ground. Otherwise, there are systems that you can use to minimize your risk. For example, you may wear a safety harness connected to a cable that will prevent you from hitting the ground if you fall. You may also wear a monitoring device that can alert you or someone else that you may be about to fall.

In an industry like construction where you work on your feet and spend time with heavy equipment, the right kind of PPE is key. So is a thorough grounding in your field. For more information, contact CSLS today!

Want to Start a Contracting Business? Make a Five-Year Plan

Going from your first day in construction to starting your own contracting business takes at least a few years. You’ll spend some time on the job learning skills, more time refining your knowledge and choosing the right field for you, and the last bit getting ready to launch your own business. Here are a few things to consider as you make a five-year plan.

Evaluate Future Job Growth
To start out, you’ll want to pick a field that has growth potential that can sustain you for the length of your career plans. The Bureau of Labor Statistics keeps data on the anticipated job growth for most industries and specific jobs within the construction industry. This means that you can do a little research to see where the jobs that you’re interested in doing are likely to go within the next 5 to 10 years. You’ll need to have this information to determine what your competition will be like and how much demand there will be for your services.

Select Ideal Working Locations
As you’re starting to browse through the careers you could have within your chosen fields, you’ll want to select locations that will be the most likely to meet your needs. As a licensed contractor, you will be able to work within the state where you get your license. This means that if you’re planning on moving out-of-state, you may need to consider how getting a license in that state will affect your plans. If you’re planning to stay in California, the good news is that you’ve got a lot of options, from the most rural to extremely urban.

Research On-the-Job and Educational Opportunities
Many people get their start in construction by working under a licensed contractor. You don’t necessarily need to take an educational route, but that’s also an option. Some fields have lengthy apprenticeship programs that you might apply for. Selected candidates can receive an income while they get a thorough, high-quality education within the field. These types of experiences can qualify for at least some of the experience you need in order to take the contractor licensing exam. Research what’s available to you in the area, and don’t hesitate to aim high. You don’t know what you may be able to achieve until you try.

Explore Different Fields
If you’re brand-new to construction, the choices you would make might be quite different then they would be for someone who’s been working in construction for several years. In either case, it’s important to explore different fields and careers you can have within those fields. Research what you can expect from various jobs, including:

  • Income
  • Demand
  • Work environment
  • Clientele

This will help you to make a choice you’re more likely to be content with by the time you get your license.

Keep Learning as You Grow
For most people, becoming a licensed contractor is a step they take on a career path that will continue to change for decades. This means that once you get started, you’ll keep adding onto your knowledge and experience. That can make you a better business owner and someone who is more likely to be able to meet the changing needs of clients in the future. Taking an ambitious, positive attitude about career development is an excellent way to start.

If you’re just starting out on your construction career path, you’ve got a few years to ensure that you do it right. To find out the benefits of becoming a licensed contractor, visit CSLS today!

How to Know You’re Ready to Change Careers

There comes a point in time when many people realize that they need to change careers. You might have a variety of reasons, like an inability to move forward, not enough income or simply getting bored. Changing jobs to a whole new industry is a big leap, so you want to be sure that you’re ready. Here are a few ways you can tell it’s time.

You Need More Income
In California, even having a good job is no guarantee that you’ll be able to make enough income. Certain parts of the state have a very high cost of living. If you’ve got a full-time job, a second job and a couple of side hustles, it might be worth considering alternatives. This is especially true if you have young kids or need to take care of other members of your family. If you’re not looking forward to a high likelihood of income growth in your current path, changing directions might be just the ticket to help you find something that pays the bills by itself.

You’ve Reached a Plateau
When you first start on a particular career path, you could see nothing but opportunities. Several years or even a decade or two in, you may eventually reach a plateau. For some people, this is the right direction. If you don’t have big ambitions and you can easily support yourself, a plateau isn’t necessarily a bad thing. But if you want more growth and you can’t get it from your current career, it’s time to rethink what you’re doing. It’s best not to let it sit too long before you make a decision, however. The sooner you make the switch, the more time you have to develop your new career.

Your Expectations Have Changed
The American workforce has long since moved on from the idea that you need to keep the same career from the time you graduate from high school. And yet, people are often pressured to make a choice when they may be unable to determine what to expect years down the road. A young adult may think that they know what they want to do. But once they get into it and spend a decade doing it, they may realize that the entire dynamic of the industry has changed. Sometimes, people expect to move forward in a career path that won’t exist by the time they get there. Having the flexibility to move on makes all the difference in meeting your current expectations.

You Hate Your Job
Although almost everyone needs to have a job in order to pay the bills, that shouldn’t be the only way to assess the value that your job gives you. A career that you love makes you happier, keeps you healthier and makes it easier for you to enjoy other things. A job that you used to like but now merely tolerate or even despise will create stress that bleeds into other parts of your life. This can make you more likely to get sick or simply to feel stuck in a situation you can’t fix. Hating a job that provides income isn’t usually a sustainable situation. Finding a way out may solve more problems in your life than simply making your work hours more tolerable.

You’re Ready to Achieve Your Career Goals
As most people know, there’s a difference between having a job that meets your basic needs and building a career. People might have dozens of jobs throughout their lifetimes, but probably only a few careers. If you have been waiting for an opportunity, it’s hard to tell when is the best time to go for it. If you find that you meet some of these criteria, that time might be approaching now. Making the choice to get started can help you feel like you’re taking charge of your life and achieving your goals.

Moving from one career to another is a big step that many people will take throughout their lifetimes. Knowing when it’s right for you is key to making it a success. To find out how a career in construction could change your life, visit CSLS today!

5 Safety Measures You’ll Need for Your Contracting Business

Part of running a contracting business involves making sure that you and your employees can be safe on the job. This requires a number of safety measures. While most of them depend on the field and the specific task at hand, others apply to almost everyone. Here are five safety measures you can expect to see in most construction jobs.

Operate Equipment Only While Alert
You probably already know that you shouldn’t be operating construction equipment while you are under the influence of drugs or alcohol. This is true for many other types of heavy equipment operation, like driving. But more specifically, you should ensure that you can use equipment while you remain alert. This may mean taking care to schedule tasks when you have the most focus and energy. That way, you can save low-risk jobs for the end of the day or while you’re waiting for your coffee to kick in.

Handle Dangerous Substances with Care
Construction involves interaction with a variety of substances that could possibly be dangerous. Some of them are naturally occurring, like radon. Others, like lead pipes or asbestos, may be present on the jobsite and require special handling to mitigate or remove. You may also have to work with solvents or treatments that can be hazardous if you touch or aspirate them. Even common substances like paint can be a problem. Knowing what you can do with them and how to dispose of them helps you avoid injuring yourself or others.

Wear Personal Protective Equipment
OSHA keeps a list of the most common construction safety violations for each quarter of every year. One of the most common causes of accidents or injuries is a failure to wear personal protective equipment (PPE). PPE that you may frequently use in construction work includes:

  • Hard hats
  • Protective eyewear
  • Gloves
  • Heavy clothing
  • Masks and other forms of respiratory protection

Making sure that you know what to wear based on the task can protect you from immediate and long-term injuries.

Pay Attention to Your Surroundings
Another common source of injuries, according to OSHA, are falls or accidents that happened because you or someone else on the jobsite weren’t paying attention to the surroundings. At all times while you are working, you should be paying attention to where you are walking, where other people are positioned and how your tasks and their work affect each other. In many cases, there are risks happening behind you that you don’t realize because you can’t see them immediately. Using a system of notification or alert can help you and other workers avoid hurting each other by accident.

Report Unsafe Working Conditions
On almost any job site, accidents could happen. And when this occurs, people often ask themselves after the fact if there were some things they could have done to prevent it. This requires you to periodically evaluate your working environment and determine if there are ways to make it safer. Preventing injury or illness on the jobsite obligates you and everyone else to make a note of unsafe working conditions. Sometimes, employees are afraid to call attention to it out of fear that they may get in trouble. However, this can lead to a higher risk situation. Cultivating an environment in which people feel safe reporting issues to management leads to improved safety measures.

Learning how to stay safe while you do your job is part of running a successful contracting business. For more information, visit CSLS today!

 

5 Tips to Take Criticism and Improve Your Contracting Business

Although it may feel awful to hear things about you or your business that you don’t like, it’s very important for your long-term success. There will be points in time when clients or other contractors give you constructive feedback that is designed to help you in the future. Whether you can turn it into an improvement is up to you. Here are five things you can do.

  1. Listen Closely
    A lot of people participate in a conversation mostly for the things they have to say, not for the things they have to hear. If a client or a fellow contractor wants to give you some timely criticism, you should listen to all of it. It’s hard to sit quietly and not interrupt someone who is telling you something that you didn’t do particularly well. But if you can get through this part, you’re more likely to have a positive result. If nothing, it lets you receive the information without the burden of feeling like you need to craft a response off-the-cuff.
  1. Avoid Arguing
    Nobody is excited to learn what they may have done wrong on a project. But as tempting as it might be to correct what you see as someone’s misinterpretation of your work or processes, it’s better if you keep it to yourself. It is entirely possible that someone is criticizing you for something that is a matter of opinion or even inaccurate. But by arguing with them, all you do is make it into a bigger issue. In most cases, what people are looking for when they give you feedback is validation that you have heard it. Arguing with them about the validity of their claims does not meet that condition.
  1. Get Clarification
    Once you have allowed someone to finish what they have to say, you may realize that their feedback is unclear. Sometimes, people are so worried about causing a conflict that they may give criticism that is so vague that you can’t actually do anything with it. If you have the opportunity and you feel like you can do it without arguing with them, ask for clarification on one or two specific points. Ask questions like:
  • Did you notice this problem frequently or on occasion?
  • Can you relate this to a specific instance?
  • Could you tell me more about what you mean?

It’s crucial not to use these questions to lead the person into changing their claims. Your goal here should only be to round out your understanding of the way that they see the problem.

  1. Ask for Input
    When you take constructive criticism, it is important to keep in mind that there are usually multiple right ways of doing something. This means that a client or colleague might perceive that you have done something wrong, when you simply have done it differently than they prefer. However, you should also remember that this does not make them wrong, either. Ask them for input on a different approach that would have avoided the issue in the first place. This gives you a number of options that you can choose to employ when you encounter a similar situation next time.
  1. Evaluate Changes After the Conversation
    Once you have finished the conversation, it’s useful to give yourself a little time to relax over it before you evaluate any big changes you may want to make. In some cases, a mistake was so obvious that you already know exactly what you should do differently. In other cases, where there are multiple right answers, you may need to do some digging. This is a good opportunity two invest some time researching and consulting with people in your field. You may hear similar stories with good solutions, or come away with better insight into improvements you can make.

Running your own business involves learning from your mistakes, sometimes in a very direct way. By opening your mind to the benefits of constructive criticism, you can improve your contracting business and make the next project work better. For more information about starting a career as a licensed contractor, contact CSLS today!

How to Minimize Downtime on Your Contracting Business Equipment

Once you have a thriving contracting business, you’ll probably have a set of equipment that you use all the time, with other pieces that you don’t need quite as much. Since your financial success depends on you being able to maximize efficiency, you want to minimize downtime for all your equipment. Consider adding these practices to make sure you’re getting the most output from your assets.

Plan Out Equipment Use
If you don’t have a lot of equipment, you might wonder why you even need to plan it out. You have a job, you use the equipment, and then you put it back. However, failing to plan out when you need to use multiple pieces of equipment can make it harder to ensure that every tool is available when you need it. Additionally, creating a plan helps you to establish how much you are using the equipment, as well as how often. This will make it easier to determine the level of maintenance and repair that you may need to perform on each piece.

Cycle Through Multiples
If you have more than one of the same kind of tool, you may notice that you use one of them much more often. While this can be an indicator that one of them works better than the other, it may also be a simple factor of habit. The tool that’s easiest to reach is probably the one you’ll use the most. In this case, it makes sense to plan to cycle through your use of multiple pieces of the same equipment. This ensures an even wear pattern, so that one is less likely to break or wear out while the other one sits virtually untouched.

Set Maintenance Schedules Wisely
All pieces of equipment will need maintenance on some schedule. Some, especially those that sustain a lot of wear or are older, will need maintenance more frequently. The last thing that you want is to take on a project with a tight turnaround only to realize that you’ll have to delay maintenance in order to make it work. This puts added stress on the equipment and increases the likelihood of downtime. Instead, pay attention to the condition of your equipment. If it needs maintenance, plan out the most convenient time to get it done.

Don’t Skimp on Upkeep
It’s tempting to think that the best way to minimize downtime on equipment is to use it constantly. But keep in mind that the more pressure you put on a tool without tending to it, the more likely it is to break down. Instead, aim for maintenance to be a short break between long periods of productive use.

This is true for equipment that you use every day as well as equipment that you only use on occasion. Tools and vehicles can sustain a failure if they aren’t used often enough. In some cases, they break down because you didn’t see a repair need before setting it aside for several weeks. Even if it appeared to be in great condition the last time you used it, you still need to inspect it periodically and perform upkeep as needed.

Evaluate Use Data
Once you have a reasonable schedule to increase use time and minimize downtime, you’ll want to build points into the schedule to evaluate your use. Your project needs may vary depending on the week or month, but they may also change as your business becomes more established. Taking time to look at how you use equipment compared to how you used it in the past will help you determine if you need to change your maintenance schedules, or even consider a different management process for your equipment.

Equipment efficiency lies in how you use it, as well as how you manage it. Understanding how to do both helps you keep your contracting business in great condition. To begin, visit CSLS today!

Public vs. Private: Where Your Contracting Business Can Look for Projects in 2020

It looks like the big picture for construction is changing fast in 2020. What you might have expected to happen at the beginning of the year is probably significantly different from the industry now. There are still a lot of options for contracting businesses, but you’ll need to go in the right direction. Here’s how to decide if public or privately-funded projects are the way to go.

Stability
When private investors lose confidence in the construction industry, they stop investing in projects. If the financial industry is worried that contractors and investors are about to default on their loans, they may tighten their lending standards. This makes funding in the private sector harder to get. By comparison, funding for public sector projects tends to be more stable. California still has a lot of development projects in the works, and the funding for it probably won’t dry up overnight. Just keep in mind that the funding intervals may take longer, and there’s no guarantee that you’ll be able to get more if you run out unexpectedly.

Variability
Some business owners prefer the ability to pick and choose who they work with and which kinds of projects are best for their bottom line. If you are dying to break into a niche service that may not necessarily have a lot of demand, the private sector is probably your best bet. This may not be the safest financial approach at the moment, but it does give you more variability. On the other hand, if you like the comfort of the familiar, public sector projects tend to be larger and more predictable in general.

Timelines
Do you like to pick a project to work on next week, with the idea that you can finish it quickly and move on? Or, do you prefer to plan out your projects as far in advance as possible, giving you greater assurance of income for the long term? The answer to these questions can help you decide. Public works projects often run on much longer timelines, in part because there is more bureaucracy to get through. This means that if you’re in a hurry to start the project and finish it so you can get paid, private projects are probably better for you. But if you are willing to wait a few months before you begin, public projects may make it easier for you to book your schedule a few months in advance.

Bureaucracy
When they say that public sector projects maintain a lot of paperwork, they’re not joking. Although you should plan to carefully review any documentation that you receive for private or public projects, work funded by the government generally carries an extra load. You must be ready to invest the time it takes to understand what you need and how to meet those standards for every project. This is why some experts say that it is often more difficult to break into public projects after years of working with private companies than it is to go in the other direction. It’s still a choice you can make, you just have to be ready to do the homework.

Flexibility
When you’re first starting your contracting business, you may have no idea which direction is best for you. And as the industry changes throughout 2020 and for the next couple of years, you might want flexibility more than you need to make a single firm decision. If you have the ability, it may make sense to try working with both private and public projects. This will give you experience and let you determine which one is already working out better for your business. That should make the path forward much clearer, with a higher likelihood of success.

When you run a contracting business, you’ll have options to work in the public or private sector. The choice you make this year may affect your success for years to come. To learn more about creating a viable contracting business, visit CSLS today!

Top Construction Fields for a Great Career

There are dozens of construction fields. If you’re not sure which one to pursue, how do you decide? The trick is to think about which areas have a lot of growth potential, and which ones are well-suited for the kind of career you want to have. You might have to try out a few directions before you are sure which one will be the most appropriate for your goals. With this information, you’ll know the most popular construction fields.

Electrician
One of the most in-demand fields for construction at the moment is electrical. Becoming an electrician is hard work. You don’t necessarily have to get a degree like engineering, but it can help you break into niche specialties and earn a higher wage. Because of the trickiness of the job and the necessity of getting it just right, electrician tends to be a higher-paid career compared to most in construction. And considering there are tons of electricians heading to retirement without as many to replace them, it’s an ideal time to get started.

Plumber
If you want a fast-growing field that has a high demand, consider becoming a plumber. The Bureau of Labor Services estimates that this position will grow in demand by more than 10 percent over the next several years, which is far outpacing most industries. And you know that it’s not a trend that will become obsolete over time. People will always have plumbing and it will often need professional repair or upgrades. You may have to get used to digging in the trenches, literally, but you can expect reliable business and a decent wage for your work.

Construction Inspector
If you have an eye for detail and you love to review, being a construction inspector might be the rewarding career you’re looking for. In this job, you’ll review plans and look at various stages of the construction project to confirm that they meet building codes and other requirements. While you might spend a fair bit of time behind a desk, you can also expect to be all over the construction site. This job usually requires several years of experience, so you know what to look for and which regulations need to be met. But as a tradeoff, it’s one of the higher-paying jobs.

Equipment Operator
If you dreamed about operating a crane or an excavator as a kid, you might be surprised to learn that this is a reliable job with plenty of flexibility and room for growth. Becoming a heavy equipment operator often starts with an apprenticeship or training program, but you might also learn while you’re on the job. Some types of equipment call for special licenses that you’ll need to obtain before you can take on the role. But those tend to have a higher average annual income, in exchange for your work.

Solar Installer
If you’re dying to get into a field that is constantly on the move and improving every year, becoming a solar installer is definitely one to consider. This job involves putting together, installing and maintaining solar panels. It’s a booming industry right now, as people look to take advantage of sustainable energy and tax credits to cut their expenses. It’s rated as one of the best jobs in construction, and even among various industries, because of its growth potential and the fact that you don’t need a degree.

Finding the right construction job for you is an ideal way to build a career you can keep for decades. To get started on your career path, visit CSLS today!

 

Should You Move Before Starting a Contracting Business?

When you buy a house, it’s all about the location. But you may be surprised to learn that the location you choose for your contracting business can also make a big difference. Finding a place that has a balance of opportunities and minimal competition will make it easier for you to get established. Here are several factors to consider to help you decide.

Cost-of-Living
One of the reasons that location is such an important part of deciding where to live is the ability to maintain property value over time. But this means that the most desirable locations tend to have a higher cost-of-living. That isn’t always the case, but here in California, you’ll find that it’s usually true. In certain parts of the state, it’s much more difficult to provide an income that will pay the rent much less handle all your bills or allow you to buy a home. This is probably the biggest deciding factor in where to locate your business. Because if you can’t afford to live there, it’s going to be harder to drive there every day.

Access to Workspace
How you run your contracting business depends on your field and the services you offer but also on your location. In many cases, you’ll need access to some kind of workspace that isn’t necessarily the jobsite. This means that you’ll need to do some research into what’s available for workspaces that you can buy or rent, that aren’t too far away from your home or your clients. Areas with a lower cost-of-living tend to have cheaper industrial spaces for rent, but they may also be fewer in quantity and further away than you’d like. You might have more choices closer to a large city, but you’ll pay more for the convenience.

Customer Base
Customers are the lifeblood of your business. If you don’t have enough customers, you may struggle to keep your business going. While you certainly don’t have to settle down smack dab in the middle of an urban area, knowing where your customers are coming from can help you pinpoint the best locations for you. If you’re not looking at areas with huge suburban sprawl, it might make sense to select something that is within reasonable driving distance of a few different cities. This allows you to expand your service area, without necessarily increasing your drive time.

Competition
Competition tends to increase the closer you get to a heavily-populated area, but so does the number of jobs. And in truth, this depends more on the market and your services than the actual location. That means that you can’t necessarily assume that a big city will have lots of competition for your business, or that a small town will have none. Do some research into the competition you are likely to find, and how well-established they are in the types of services you intend to provide. Spend a decent amount of time with this before you make a choice, because it will help you determine where you are most likely to find clients without having to fight 500 businesses for each one.

Long-Term Growth Potential
Even though locations are geographically stuck, you can definitely see where they are coming or going. You might look at a small town and see how it is going to become a thriving city within a period of a few years. This represents a lot of growth potential within a short period of time. On the other hand, you might also find well-developed areas that aren’t going to be growing much for the next decade or more. This often relates to population growth, but it doesn’t always. If you can find the places that will need qualified construction workers now and in the future, it will be easier for you to stay put once you get settled.

Finding the perfect place for your business may take weeks or months of research. But once you’ve found it, you’ll have a better time getting started. To find out more about what it takes to run a successful contracting business, contact CSLS today!

 

Benefits of Starting Your Own Contracting Business

If you’re like a lot of people, you’ve spent years thinking about what it would be like to be your own boss. While it isn’t all sunshine and roses, there are certain advantages to running your own contracting business. By keeping these benefits in mind, you’ll realize that there are a lot of incentives along with the extra responsibility.

Set Your Own Schedule
When you work for somebody else, you have to conform to a set schedule that may not be of your own devising. And while you can’t decide to work whenever in construction, it’s true that you have a lot more flexibility when you are the one in charge. This means that you have more opportunities to select a time that works best with traffic or the type of job you’re going to be doing. That way, you can minimize the time you spend dealing with drive time or weather, and more time getting work done or enjoying your free time.

Make Your Own Business Decisions
If you are really ambitious, it can be difficult to go along with somebody else’s business decisions. There may be instances where your boss has plans that you don’t think will pan out very well. There might be times where you’re told to do something that either isn’t practical or may end up costing the business a lot of money. When you get to make these choices, you get the full benefit of your decision-making power. You do have a lot more responsibility and accountability for those choices, but you get to reap all of the rewards as well.

Choose Who to Work With
Difficult clients. Coworkers who have nothing in common with you and can be hard to work with. If you don’t own your own business, the likelihood that you will have to navigate these situations is pretty high. In fact, stress in the workplace is just as likely to be caused by the people you work with as it is with the type of work you’re doing. If you own your own business, you get to dictate:

  • Which clients you take
  • The subcontractors you’d prefer to work with
  • Employees who meet your individual standards

You’re not obligated to continue a working relationship past the end of the project, if it’s not working out.

Create Investment Value
In many ways, starting a business is like buying a piece of property. You may have to put in much more work than you would if you didn’t own it, but you get the benefit of the value in your investment. When you work for someone else, you are increasing their profits. And even if you get a stake in the company, how much you get and when you get it is still another person’s choice. If you make the right decisions with your business, you may end up with an entity that has value you can bank on. That might become very handy when it comes time to retire.

Achieve Long-Term Goals
If you’re like most people, you have a list of things that you would like to get done during the rest of your life. Many people wish that they could start a business for all of the reasons listed above. If you’re one of them and you’ve been spending the last couple of decades wondering how to make the decision, this could be an excellent time to finally check that box. There are a lot of advantages to be gained in achieving your goals, no matter what they are. Knowing that you are about to get something that you have wanted for a long time can often make it even better than you expect.

When you are in business for yourself, you can expect to invest a lot more time and effort than you might if you just had a regular job. But this is where you get all the benefits of your hard work. To learn more about starting your own contracting business, contact CSLS today!