Construction workers who want to work for themselves need to meet some requirements before they establish their own excavating companies. You'll need to do these things.
Work for a small excavation outfit. Learn everything about the business.
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You'll also want to learn the business end of it. Coming at it from a newbie point of view will only bankrupt you. Spend five years or so learning all there is to know about it.
No lender will trust you with the hundreds of thousands of dollars for heavy equipment without sterling credit. If you're not rich, you'll need credit for fuel storage, materials, and machinery.
While you're working for excavation companies, take the weekends to draw some customers. Rent something small you can tow with your truck. Do small jobs and build up a customer base. You'll then have not only experience running your own show but a portfolio with good-quality pictures you can show to new customers.
Now you're ready to call yourself Joe Doe doing business as Joe's Dirt Company. The Small Business Administration offers videos concerning running a company. Study up on it, and you should be ready to rock.
Starting your own company can be scary, but with a solid foundation, you got this.
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