The Ultimate Guide on How to Become a Contractor
Are you wanting to start a career in the construction industry?
The need for skilled general building contractors is higher than ever. Every construction project needs someone to oversee the process and keep costs as low as possible.
The process to become a contractor isn’t easy but is worth the effort. First, you’ll need to understand the educational requirements. Then you must pass the exam to get your contractor license. Fortunately, this article can help.
Here we take a look at the entire process for becoming a licensed contractor. Keep reading to learn more.
Choose a Specialty
There are several different contracting specialties to choose from. These include general contractors, mechanical contractors, and specialty contractors.
General contractors perform construction on residential homes and commercial projects. Mechanical contractors specialize in specific areas of construction such as plumbing, heating, or refrigeration. Special contractors focus on electrical, masonry, carpentry, or paving work.
Understand the Educational Requirements
Study the specific educational requirements. This is important because each specialty in the contracting world is different. Thus you’ll need different training. Keep in mind that you’ll a high school diploma before you can become a licensed contractor.
Get Your Contractor License
One of the most important steps in becoming a licensed contractor in the construction industry is passing the NASCLA exam. This is an exam required by the National Association of State Contractors Licensing Agencies to conduct business in multiple jurisdictions.
For example, you might intend to oversee building projects in more than one state. This accreditation is currently accepted in at least 13 states, as well as the US Virgin Islands.
Keep in mind that it’s crucial to be licensed and bonded in the states where you operate.
Here’s a resource where you can read more on the NASCLA exam.
Create a Business Plan
You’ll need a business plan to show potential investors your vision for your company. This document should include your forecast for becoming profitable. It should also contain information about your goals for the company.
Develop a Marketing Plan
Construction is a competitive industry. That’s why you’ll need a marketing plan for reaching your target audience.
Build Your Professional Network
It’s impossible to overstate the importance of building a professional network of subcontractors. In fact, a good network is essential for a successful career as a general contractor in the construction industry.
These are experts in various aspects of the construction process who will help you complete each project.
A Guide to the Steps to Become a Contractor
Getting a job in the construction industry could be one of the best decisions you’ll ever make. After all, there’s always a need for smart, hard-working building professionals. The key is to understand how to become a contractor so you can begin the journey.
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