L 2 L Group

In the past few years the construction industry has been growing by leaps and bounds. For some, this may be the time to seriously think about owning and operating their own construction business. To ensure that your business is successful, think about training courses and or an apprenticeship in construction.

Extra information about apprenticeship in construction

The many duties of a construction company owner

Besides writing out long-term goals and mission for your company such as planning your sales and marketing and operations, it is important to get business licenses and surety bonds. Sales and marketing are also part of the duties of a construction company owner. It is the job of a construction company owner to call upon prospective customers, negotiate contracts and close deals. Construction management and financial management are also important duties of a construction company owner. Accurately recording expenses and revenues for each project are important so that you can review and assess profits.

What are apprenticeship programs?

Apprentice ship programs are effective programs that combine on-the-job training with academic instruction. Apprenticeship programs help people put their academic skills to good use, especially in a construction business. Some of the benefits of apprenticeship programs are an increase in productivity, a good way to recruit, retain existing staff, a way to tackle skill shortages, learning done in the workplace, and a great way to attract those who have fresh ideas. Other benefits are training people in specific job roles, making them flexible to meet the needs of business, providing skilled workers for the future and reducing staff turnover.

Other benefits of apprenticeship and training programs

Benefits to workers are receiving structured and supervised training along with technical instruction, accreditation which can lead to an associate degree, an increase in wages, receiving an apprenticeship completion certificate and being recognized as a qualified journey. Benefits to an employer are attracting good number of highly qualified people, increasing productivity, reducing the cost of training, improving employee relations and enhancing the problem-solving ability of craft workers.

Steps to start your construction business

There are certain steps that can effectively start a small construction business. The first step is to plan your business strategy by incorporating and registering with certain government agencies. Several agencies can help you with the planning such as your local Small Business Development Center. Another step is to consider getting an SBA loan. Most importantly, get licensed, bonded and insured. Examples of what you need to do to start up your own small construction business are seeking out and obtaining business licenses and permits, surety bonds and insurance. You will need several types of business insurance general liability, vehicle and property insurance. Most importantly, review carefully the construction industry regulations. In addition, look over the industry tools and resources on the Internet. All of these steps will prepare you for owning your small construction business.

To conclude, in the past few years the construction industry has been growing by leaps and bounds. Find out more about apprenticeship and training programs from your employer or HR professional.