There are many things that can come up when a contractor takes on a new job. Whether its repairs, or renovations, there are a number of things that can go wrong. Here is our list of things to consider when taking on new projects.
Most home remodeling jobs falter when decisions aren’t made quickly. The best thing to do would be to plan all decisions ahead of time and play out various scenarios in your head. By focusing on tough decisions like paint, trim, and faucet selection you will not only slow down your own business, but waste the time of the homeowner. It may not seem like a big deal but decisions like this might slow down the plumber and shift the entire schedule significantly.
You might think that buying materials on your own can save you money. The truth is there are two sides to this situation. It is true that a builder might markup materials, but then again he also does more business and his connections might lead to lower prices in turn.
Demolition or Repair?
Houses are a big deal. When taking on a project it must be understood that each decision you make will affect your pocket and your time table. That is why it is so important to recognize that some houses are just too old to fix up and in the long run it might be beneficial to knock down a property than to dump money into it. The cost might be greater outright, but you will have less headaches later on.
Skimping on Insurance
Do not, under any circumstances, skimp on insurance. Contracting is a job that has you dealing with many different parties. By having the proper liability, workers comp, and commercial auto plans you not only safe guard your employees and equipment, you also protect the business you’ve worked hard to build up. If you have any questions regarding contractors insurance don’t hesitate to contact one of our agents to discuss policies and pricing options.