Your contracting business might just be you at first, but you should plan to change that over time. After all, if it’s just you, then you have no one else to help you shoulder the load of running all aspects of the business. You don’t need to hire a huge staff, but a few specific hires could be a big help. Here are five roles that you may want to consider hiring for your contracting business.
Project Manager/Team Lead
Working in construction often involves wearing multiple hats for different roles, and this is how a lot of businesses can end up in trouble. If you are trying to work on multiple projects at the same time, there’s a chance that you may accidentally overbook yourself or your equipment. A project manager can oversee all the people working on the project, as well as equipment that you need to buy or rent and supplies for the job. If you don’t have the ability to have a dedicated project manager, even designating an employee as a team lead with appropriate responsibilities can help to ensure that the project finishes with fewer problems.
There are tons of administrative tasks that you need to do in order to run your business. Without them, you may not be getting paid, paying your bills, ordering supplies or responding to clients. An office manager has the ability to ensure that all of these administrative tasks get done, even if you are outsourcing certain services like marketing or accounting. They can also serve as a point of contact for these services so that if there are questions or concerns, you are not interrupted in the middle of your project.
Making sure that you are up-to-date on your expenses and taxes is crucial. Without it, your business may come crashing to a halt. There are a variety of different services that you may need in this area, including:
- Accounts payable
- Year-end reconciliation
- Tax preparation and filing
There’s a lot of software out there that you can take advantage of to help you keep your cash flow under control. For some of these tasks, you’re going to need someone who is trained and has the appropriate expertise. The good news is that by making an investment here, you’ll save yourself a lot of time and stress trying to figure it out on your own.
In order for you to get clients on a regular basis, customers have to know that you exist. And while word-of-mouth is a practical tool in many construction industries, it may not be sufficient. Marketing is the way that you promote your services and ensure that you have a steady stream of possible leads. Sales provides qualified people who can answer questions for potential customers and explain how your company beats the competition. This is another field that requires expertise, so it’s worth hiring someone to make sure that you can get it right and keep up with the latest trends.
Once you have at least a small team of employees, you need someone who can support them. Otherwise, you’re on the hook to answer phone calls or respond to text messages when people have to call in sick or have questions about their paychecks. Being responsible for all of your employees can take away from the time that you need to work on projects. Hiring a human resources manager or even someone who is dedicated to labor support can save time and ensure that your employees get the answers and assistance that they need.
Running a business sure involves a lot of roles. If you feel the most important ones, you’ll have more time to focus on a great finish for each project. To start on the path of becoming a licensed contractor, contact CSLS today!