Contracting

Is a Subcontractor a Vendor?

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The terms “vendor” and “subcontractor” are sometimes used synonymously when discussing business connections, however they are not the same thing. A subcontractor is a company or person who is engaged by a contractor to carry out a specific task or project, whereas a vendor is a company or person that sells goods or services to … Read more

How to Maximize Profit as a General Contractor

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How can a general contractor make the most money? Here are a few things to do, starting today, to be more profitable as a construction contractor. Be Selective with Projects. Have the Right Team in Place. Network to Build Relationships. Create Word-of-Mouth Referrals. Reduce Bonding Costs. Get a Contractor’s License. Cut out Waste. Invest in … Read more

Contractors That Make the Most Money

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What type of contractor makes the most money? Highest Paid Contractors/Construction Job Building Engineer (Average salary: $25.71 per hour) Electrician (Average salary: $25.26 per hour) Plumber (Average salary: $25.07 per hour) Construction inspector (Average salary: $23.97 per hour) Ironworker (Average salary: $20.09 per hour) Read more on worldscholarshipforum.com Contractors undoubtedly earn a sizable sum of … Read more

Contractor’s Guide: How to Make a Lot of Money

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How can a contractor make a lot of money? Here are a few things to do, starting today, to be more profitable as a construction contractor. Be Selective with Projects. Have the Right Team in Place. Network to Build Relationships. Create Word-of-Mouth Referrals. Reduce Bonding Costs. Get a Contractor’s License. Cut out Waste. Invest in … Read more

Becoming an Independent Contractor: A Guide

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How do I become an independent contractor? How to become an independent contractor Identify your business structure. Choose and register your business name. Get business licenses and permit. Get a business number and find your taxation requirements. Get insurance for your business. Establish the requirements for your workplace safety. Manage your business well. Read more … Read more

What Should You Not Say to a Contractor?

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What should you not say to a contractor? Seven Things to Never Say to a Contractor Never Tell a Contractor They are the Only One Bidding on the Job. Don’t Tell a Contractor Your Budget. Never Ask a Contractor for a Discount if You Pay Upfront. Don’t Tell a Contractor That You Aren’t in A … Read more