Freelancers in all industries deal with the same problems due to the nature of their work. Most of you came from the skilled craftsman trades; some worked as construction company managers and have now started or thought of starting your business.
If you just did, congratulations, you have decided to own and operate a construction company. Practically, solo contractors manage every aspect of their business, but we are here to help you navigate it. Here are the things you need to consider (especially when you are on a limited budget) to keep it running.
If you’re like most small construction business owners, you spend the majority of your time managing daily operations, keeping clients happy, and looking for new ways to grow. Spreadsheets, cash flow analysis, and financial projections are probably not your first passion.
However, measuring profitability, creating realistic budgets, and planning for the future is crucial to your professional success.
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