Are you a veteran with a dream to run a construction business? You can turn that dream into a reality and have a lot of success running your business over the years. It all starts with a business plan and more information on programs you will have access to as someone who once served in the military.
Start Working on Your Business Plan
Anyone who wants to have their own business should work on creating a plan before they get started. You need to know the following things when you are going to start your own construction company:
- What types of construction-related services will your company provide?
- How many people do you plan to hire within the company?
- Where will you get funding to afford startup costs?
- Do you plan to purchase or lease a building where you will have an office for your construction company?
- Will you buy or rent equipment to provide services to customers?
- How will you market your business?
You need to answer these types of questions when you are creating your business plan. If you have any concerns about funding for startup expenses, you should know that special loans and grants are available specifically for veterans. The assistance provided to you for serving in the military could make it possible for you to get your business started.
Apply to Get Certified as a Disabled Veteran Business Enterprise
Once you have started your business, take the extra time to get certified as a disabled veteran business enterprise. The advantage of having this certification is that you will have a better chance of obtaining contracts with the state for different construction projects. It is ideal to have this advantage over construction companies that have been in business for decades and are much larger than the company you are running.
Look for an Equipment Rental Company
Start looking for a company that provides equipment rentals at a reasonable price for veterans. Some veteran-owned rental companies are willing to offer great deals on rental equipment, making it more affordable for you to get what you need and use the equipment to complete different projects. While you may have plans to purchase some equipment in the future, you can start by renting the equipment you need in the beginning until you have made enough money to afford the expensive cost of different construction equipment.
When you are a veteran with a dream to run a construction company, you can make it happen because there are many resources available specifically for those who have served in the military. Create your business plan and then work on getting certified as a disabled veteran business enterprise construction company to get an advantage over some of the other construction companies in your area.