From Independent Contractor to Business Owner: How to Take the Leap

Experience in the construction industry as well as references from customers, business partners, or former employers are demanded. Some states require candidates to provide proof of financing to own their own general contracting firm.

General contractors often run their own business. They hire subcontractors to complete specialized construction work and may manage a team of plumbers, electricians, builders, carpenters and other specialists. General contractors build their business by networking with potential clients, buying basic construction tools, and ensuring that their subcontractors complete high-quality work. General contractors don’t usually complete much construction work themselves, but they need to be familiar with construction techniques so they can manage workers effectively.

In the City of Toronto, Ontario, Canada, there has been implemented a new Contractor Licensing program that requires various contractors and skilled trades to obtain licenses to do business within Toronto, even if they run their business outside the city. And in Ontario, it is mandatory that General Contractors who offer electrical services clearly state that they “only use ESA/ECRA Licensed Electrical Contractors”.

Comments are closed.