Starting any business is hard. But starting a concrete business, in my opinion, is super hard. Especially if you don’t do it right.
You see a concrete contractor has tons of things he’s got to worry about in addition to the basics of starting a business. For starters, you have to pick a target market for your particular masonry skills. Get this wrong and you’ll take two steps forward and two-steps back. This then dictates what sort of equipment you need to get going.
Best advice I’ve seen work for small concrete businesses is to start small. What do I mean by small? Well don’t go landing some major corporation gig right out the gate. Residential is probably a good place to get your feet wet. Then work your way into some small mom and pop shops. Maybe hit a small parking lot or two. Then go up from there. The point is you’re going to run into all sorts of problems and small jobs tend to have small problems. Problems cost money and money is something you don’t have starting out.
Incorporate. This way you’ll be able to land the necessary licensing and insurance. You need this. We won’t go into details here. Best to get a lawyer to go over what you need and also contact your state and ask what your local regs say about this.
Well that’s all for this one. Be back with more tips for small business.