As the owner of a structure, whether private residence, office building, or apartment complex, you are allowed to act as your own general contractor as long as the person hired to work for you (such as a subcontractor) has a contractor licensed and bonded by the Department of Labor and Industry of the State of
How does a GC make money?
As with an architect, you sign a contract with the general contractor that obligates you to make certain payments at specified points during construction. In return, the GC assumes responsibility for the entire building process. The GC makes a profit by marking up the labor and materials costs by a percentage.
Can you act as your own general contractor in Florida?
How do independent contractors get clients?
Going out and talking to clients is the #1 most foolproof way of getting leads. That's why it's at the top of this list. A good number to shoot for is 5-10 potential clients a week. Going and introducing yourself and giving a short sales pitch to construction companies in your area can give your business a big boost.
Do I need a business license to be an independent contractor in Washington state?
Registering your business
Independent contractors must register with the Department of Revenue unless they: Make less than $12,000 a year before expenses; Do not make retail sales; Are not required to pay or collect any taxes administered by the Department of Revenue.
How do I scale my construction business?
- Build a construction business plan.
- Nail down your organizational structure.
- Invest in hiring and onboarding.
- Build effective sales and marketing channels.