Construction and Contracting Business. Entrepreneur magazine
status, 102
F
failure, causes of, 120–121
fax machines, 52
federal rules and regulations, 40–41, 55–56
field labor costs, 67–71, 94–95
financial management, 28, 38–39, 63–66, 85, 89, 91–95, 120, 131. See also budgeting
financial planning, 131
financial statements, 28
financing, 17–18, 19, 30–33, 39, 73
fixed costs, 72–75, 78, 80, 89, 131
flexibility, 58–59
fliers, 104
friends and relatives as financing source, 30
G
general contractors, 2, 5, 127–128
general liability insurance, 70, 128
government rules and regulations, 40–42, 55–56
guest blogging, 102
H
health considerations, 13
hiring employees. See employees
home offices, 48–49
homepages, 99
I
incentives, employee, 77
income potential, 84
income statements, 28
income taxes, 45
independent contractors, 2. See also subcontractors
inland marine insurance, 40
inside contractors, 3
instinct, 133
insurance, 39–40
internet access, 53
J
job applications, 111
job descriptions, 111–112
L
labor burden
break-even point and, 80
in estimates, 80–83
field labor costs, 67–71
office staff costs, 72–74