Here are three types to consider. Sole proprietorship. Construction companies often begin life as sole proprietorships. Partnership. A partnership is a popular choice since the setup is easy, although there is no personal liability protection. LLC. Making your choice.
Service overview. A Contractor License is required for any business doing work that: Involves construction, demolition, or repair.
If work has begun on a project, but there is no permit OR the permit is not posted on the property OR the work that is being done does not match what is on the permit, you can call 311 to report it and request that the property be inspected. You can also submit an online 311 complaint here.
What Insurance Do Contractors Need to Get a License in Philadelphia? You need general liability insurance with coverage of at least $500,000. If you employ people, you must show proof of workers' compensation insurance too. The insurance certificates must name the city as the certificate holder.
8 Steps to Start Your Own Construction Business Research Your Local Market. Where to Find Construction Market Research. Write Your Business Plan. Register Your Business. Find the Right Licenses & Permits. Secure Insurance & Liabilities. Building Relationships With Material Suppliers. Get the Funding You Need. Grow Your Business.
The largest private construction companies that call the world's largest construction market home won't surprise many: Bechtel, Kiewit, ABC Supply, Whiting-Turner. They put up impressive numbers: a span of $17.6 billion to $9.2 billion in revenue.
Service overview. A Contractor License is required for any business doing work that: Involves construction, demolition, or repair.