Are you considering setting up your own construction business? If so then you may want to read through some of our top tips and hints to help the process go smoothly. The UK construction industry is booming and if you work within the industry you may want to take the plunge now to setting up on your own. Although setting up a construction business can be quite daunting, the rewards and pay can be amazing and well worth while. You don’t have to run a huge company that employees 100 plus people to make money. Many smaller businesses with less than 10 employees are doing well.

Before setting up any new business it is vital that you create a business plan. You business plan should detail the services you intend to offer, who your intended customers are and your charging structure. Without this you run the risk of trying to offer too many services and not focusing on your strengths. You also need to button down your pricing as this will have a huge impact on what profit you make.

When you first start, don’t be afraid to turn jobs down that are out of your remit. Although you may be tempted to do anything and everything, this could land you with a bad reputation or see you losing money if the jobs are not done correctly.