Can you save money by being your own general contractor?

Can you save money by being your own general contractor?

Saving Money But the amount of money you can save by acting as your own general contractor can be nothing short of staggering. Figuring a typical 20-percent contractor’s commission for a major room addition costing $200,000, you can save $40,000 by acting as your own contractor.

What can I do with my remodeling business?

Your remodeling business might be a one person show where you personally complete kitchen, bathroom, bedroom remodels or additions to homes and businesses. In another business model, you could serve as a general contractor and hire employees or subcontractors to help complete jobs in a more efficient manner.

Is the adage show, Don’t Tell true in the remodeling industry?

The adage “show, don’t tell” is especially true in the remodeling industry. You can talk and write ad nauseam about the high quality of your work, but nothing will convey that message quite like high-quality photos of your work. Mention details that matter.

How can I get more remodeling contractor leads?

Both getting found and getting noticed are essential parts of the process to get more remodeling contractor leads. The important thing is this: You can’t neglect getting found OR getting noticed. Some companies focus on their search engine rankings but have a terrible website design and user experience.

How to get the best advertising for remodeling?

When it comes to the best advertising for home improvement and remodeling, SEO (search engine optimization) is key. Why? Take a look at the image below: Each month, homeowners in the U.S. perform more than 660,000 searches for remodeling services. How are those searchers going to find your remodeling company?

Your remodeling business might be a one person show where you personally complete kitchen, bathroom, bedroom remodels or additions to homes and businesses. In another business model, you could serve as a general contractor and hire employees or subcontractors to help complete jobs in a more efficient manner.

Do you need a LLC to start a remodeling business?

Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your remodeling business is sued. You can start an LLC yourself and pay only the minimal state LLC costs or hire one of the Best LLC Services for a small, additional fee.

What happens when you have a bad customer experience?

Because that’s exactly what could happen after just one bad customer experience. In the U.S., even when people love a company or product, 59% will walk away after several bad experiences, 17% after just one bad experience. 32% of all customers would stop doing business with a brand they loved after one bad experience.

Where can I complain about a bad contractor?

A slew of websites allow you to post information about bad contractors, including Angieslist.com and Franklinreport.com (for certain cities). You can also file a complaint with your state contractor licensing board, which could make the information public if it receives enough complaints.