According to the Bureau of Labor Statistics, women made up only 10.3% of the construction industry professionals in 2020. This number gets significantly smaller when you look at women doing work on construction sites: just 1%. The remaining 9.3% worked in an office setting. Despite these differences, some companies have taken steps to make the industry more … [Read more...]
Construction Contract Template: What Does a Standard Contract Look Like?
Contracts are vital regardless of the size of your construction business. These agreements will protect you from unforeseen risks and help your business succeed. They are also crucial to maintaining the validity of your license. A construction contract sets out the client and contractor’s responsibilities, expectations, timelines, and prices. Unlike the bid, which is an … [Read more...]
Construction Estimates 101: How to Accurately Estimate and Price Your Projects
For construction contractors, estimating is a vital skill. If you don’t master it, your business won’t succeed. Construction estimating involves determining the total expenses for a project, including materials, labor, equipment, and other costs. It’s important to note that some of these costs can be connected directly to a specific aspect of the construction project. Others, … [Read more...]
Commercial vs. Residential Construction: What Are the Main Differences?
There are stark differences between residential and commercial construction, and these differences have a significant influence on how contractors approach different projects. The main differences focus on building codes, materials, costs, equipment, and project timelines. Residential properties include single-family homes, multiplexes (duplex, triplex, etc.), … [Read more...]
What Insurance Coverage Do Handymen Need?
A handyman is a jack-of-all-trades professional. In this career, you can pursue different types of projects. Unfortunately, these opportunities also come with the risk of injury and liability. An accident or unintended mistake could cause harm to you, your employees or contractors, or the property of a client. In addition to potential physical harm, there could also be … [Read more...]