More than 500,000 new small businesses are started in America each month. But, only one-third of these companies survive 10 years or more. The contractors who beat the odds are the ones who follow basic rules for how to run a successful business, which anyone can learn. Read more
If work is piling up faster than you can complete it, your contracting business may be ready for an expansion. But, are you really ready to hire new employees or move to a bigger location? If you don’t have a plan in place, the answer is no. In order to grow sustainably, you may want to follow these four business strategy steps. Read more
Opening up your own contracting company is a brand new experience that requires serious preparation. Just like priming a wall to paint, you need to build a foundation. These seven tips show you how to start a business that will stand the test of time. Read more
It’s easy to get caught up in the nuts-and-bolts of running a business. You might be one of many contractors who toil day-after-day on projects, like painting or plumbing, without a chance to think about the big picture. If this lack of business strategy has stunted your company’s growth, these tips can be used to help you refocus. Read more
Understanding why auto insurance is generally important does not constitute rocket science. However, many contractors believe that requiring their employees to carry their own auto insurance is enough to protect them in times of liability. This may not be true. Certain types of car usage —even with personal vehicles — are not covered under a normal policy.
Commercial auto insurance is more expensive than personal. However, if you are using vehicles specifically for business purposes, you may need to have this kind of coverage. Here are some things to look for when determining if a more robust insurance policy is right for you.