How Residential Contractors Can Become Commercial Contractors
Watch this video to discover how you can turn from a residential contactor into a commercial contractor. Going commercial when you are a residential contractor can seem impossible. You may be overwhelmed and wonder where to begin when the idea hits. The truth is, going commercial is not untenable.
Commercial projects are broader and more intricate than residential ones.
To make the shift, begin by re-strategizing your bidding. You need to prove to more complex clients your professionalism to build trust and deliver. Make valuable connections and build relationships that will help in your bidding. Brand yourself, share your business cards, and set up a professional website. Get the required permits for complex building codes that come with commercial projects. Work on your finances and prepare for longer payment cycles.
Prepare the financial records and projections. While at it, set aside finances for making larger material purchases. Ensure you can have supplies without stress or straining your budget. The truth is, as much as making the shift is possible, it requires a readjustment of your mindset, mode of doing business, and the types of projects and clientele. The nature of projects and handling differentiates commercial contractors from residential ones.
