If you’re interested in starting your own construction company, there are a few things to keep in mind. These include how profitable your business idea is and what kind of competition you have in the area.
It’s also essential to choose the right entity structure for your construction company. There are a variety of options, including sole proprietorships, LLCs, partnerships and S corporations.
Quality workmanship
As the government pushes house builders to produce more homes amid rising costs and labour shortages, quality standards have started to decline. This is raising concerns among contractors, clients and industry bodies alike.
A number of factors are believed to be causing the fall in construction quality. These include skills and resource shortages, knowledge gaps and poor workmanship.
However, quality control is something that can be managed and improved on. For example, the use of digital technology and BIM has been shown to improve quality standards by automatically checking for clashes.
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In addition, all project participants must be able to communicate, discuss issues and verify progress. This is a core element of quality assurance during the build phase and also at the handover and snagging stage.
For instance, using an app like PlanRadar lets site managers assign tasks to individual workers then check that they have completed them to the required standard. They can then generate reports and send them to other stakeholders so they can quickly verify and rectify any emerging issues.
Reputation
Having a good reputation is important for any construction company. It can help you win more business, retain employees and maintain positive relationships with customers.
Reputation is the overall quality or character as seen or judged by others. Often, one mistake can undo hours of work and even a minor incident may lead to bad publicity for the company.
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If clients hear that a construction company has had a bad reputation, they may not choose to hire them for their projects. They might even refuse to award them any project, even if they offer the best services and the lowest price.
Reputation is a team effort, and it’s crucial that all of your staff understands how to portray your company in a good light. This includes delivering quality projects on time without safety, environmental or disciplinary breaches.
Overseas workers
The UK construction industry is highly reliant on overseas workers to help cope with demand. This has been shown in a study by the CITB, IFF Research and Warwick University.
According to the report, around 22% of construction companies rely on overseas workers for their workforce. This is particularly true of construction firms in the capital.
There are a variety of different visa routes that can be taken by overseas construction workers to work in the UK. These include Skilled Worker visas for builders, bricklayers, roofers, plumbers, carpenters, glaziers and floorers.
The government is also planning to relax visa rules for a wide range of roles on the Shortage Occupation List. This will allow more foreign construction workers to come to the UK in a bid to tackle labour shortages within certain industries.
Career opportunities
Construction is an industry that offers a wide variety of opportunities. It is becoming more diverse with more women and minorities choosing to work in this field.
It also offers high salaries and a chance to use new technologies to create modern buildings. This means that it is an industry that you can be part of for years to come.
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Those who decide to make a career in construction don’t need a degree for many roles, although it is possible to earn one by going to college or training through an apprenticeship. Several occupations, such as hazmat workers and roofers, require only a high school diploma or a GED certificate for entry.
Those who want to study at a university can opt for a course in construction management, architecture, engineering or the sciences. They can then move into a role as a project manager, overseeing the practical aspects of a building project. They will be responsible for ensuring that all projects are completed on time and within budget.
