How to Start a Concrete Business
Concrete contractors are a vital part of the construction industry. They can pour foundations, repair driveways, and install retaining walls. They also offer decorative concrete treatments like staining, tinting and sealing.
They are usually located in cities and towns across the country. You can find them on the internet and in print ads and brochures.
Licensing
A concrete business can be a rewarding venture. You can make a profit from pouring foundations, patios, and driveways as part of new construction or repairing existing concrete. You can also sell a variety of concrete treatment services, which include etching, staining, grinding, and polishing. You can earn a reputation for quality work and build a solid business with a good name.
To operate as a concrete contractor, you need at least a high school diploma or equivalent and a C-8 Concrete License. You can also get an apprenticeship and complete a certification program, which will help you gain valuable experience.
If you plan to bid on government projects, check with CSLB about the necessary licensing requirements. You may need to be bonded and register with the System for Award Management (SAM). The startup costs for a work vehicle and specialized equipment can seem high, but you should be able to recoup these expenses when your first job is completed.
Equipment
Starting a concrete business requires a lot of equipment and materials. You need a vehicle for transporting materials, and you also need tools like power drills and electric hammers. You’ll also need to purchase or rent a cement mixer. If you don’t have the money to buy equipment, consider renting from a construction rental company like BigRentz. They have service areas in all 50 states and provide specialized equipment for concrete projects.
A new concrete business needs to market its services in order to attract customers. You should use different marketing channels, including print ads and social media. You can also network with people in the construction industry or attend local meetups and conferences to spread the word about your concrete business. This will help you build a strong customer base before you start to make a profit. This will allow you to pay your workers and cover your startup expenses until payment for completed jobs starts to roll in.
Insurance
Many concrete businesses have employees, which means they need workers’ compensation insurance. This type of policy covers medical expenses, lost wages, and legal costs if an employee is injured on the job. It is often included in a package with general liability and commercial property insurance.
Another important type of insurance for concrete contractors is professional liability, which protects you from claims that customers file against you due to misinformation or poor advice. Most clients will require you to carry this type of insurance before they hire your services.
Concrete and cement contracting businesses may also need equipment breakdown insurance. This type of policy covers the cost of repairing or replacing machinery and equipment that breaks down, which can delay projects. It is often combined with a commercial auto insurance policy to provide more comprehensive coverage.
Website
A website can be used to help you attract customers and promote your concrete services. It should be professional and include contact information, photos of your work, and customer reviews. It should also have a secure login page for your clients.
A company’s logo should be easily recognizable, and the business name should reflect the type of service it provides. A good name is easy to pronounce and memorable. It should also be available as a domain name.
A concrete contractor’s industry is booming, with new home construction up and commercial construction on the rise. As such, it’s a great time to start your own cement contractor business. For those looking to make this move, the first step is preparing a business plan. Growthink’s Ultimate Business Plan Template makes this process fast and simple, allowing you to finish your plan in just one day! Download the template now and get started. Alternatively, you can get a business credit card to separate your personal expenses from your business expenses.
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