Being a contractor in the competitive and high-risk environments of New York, New Jersey, and Connecticut requires more than just skill and hard work. To thrive, you need discipline, integrity, and smart business practices. From securing workers’ compensation insurance to managing job site safety, every decision you make impacts your success.
To help you build a strong and sustainable business, we’ve outlined the 10 Commandments Contractors Should Live By—a must-follow guide for those serious about their craft.
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1. Always Put Safety First
The number one priority on any job site should be safety. Accidents can lead to serious injuries, legal troubles, and costly delays. Ensuring compliance with OSHA regulations and providing proper safety training for your crew is essential. Invest in safety gear, conduct regular site inspections, and never cut corners when it comes to protecting lives.
2. Get Everything in Writing
A handshake agreement is never enough. Always have a clear, written contract outlining the scope of work, deadlines, payment terms, and any other critical details. This protects both you and your client from misunderstandings and legal disputes. A strong contract can be the difference between getting paid or walking away empty-handed.
3. Manage Your Finances Wisely
Many contractors struggle because they fail to manage cash flow properly. Keep track of your expenses, budget for slow seasons, and always have a financial cushion for unexpected costs. Consider working with a financial advisor to make sure your business remains profitable in the long run.
4. Don’t Skip Permits and Inspections
Skipping permits might seem like a way to save time and money, but it can backfire badly. Failing to obtain the proper approvals can lead to fines, legal trouble, and even forced demolition of completed work. Always comply with state and local regulations to keep your projects running smoothly.
5. Invest in the Right Insurance Coverage
The construction industry is full of risks, and having the right insurance coverage is non-negotiable. Whether it’s general liability insurance, workers’ compensation insurance, or bonding, you need to protect your business from potential lawsuits, accidents, and property damage. The right coverage will keep you in business even when unexpected problems arise.
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Contractors: Protect Your Business with the Best Workers’ Compensation Coverage
If you’re working as a contractor in New York, New Jersey, or Connecticut, you need affordable and reliable workers’ compensation insurance. Don’t wait until an accident happens—protect your workers and your bottom line now.
At BGES Group, we specialize in helping contractors like you secure the best workers’ comp insurance tailored to your needs. We make the process easy, ensuring you’re fully compliant with state laws and not overpaying for coverage.
Call BGES Group today at 914-806-5853 or email bgesgroup@gmail.com for a free consultation!
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6. Build Strong Relationships with Suppliers and Subcontractors
The success of your projects depends on the quality of your materials and the reliability of your team. Cultivating strong relationships with trustworthy suppliers and subcontractors ensures you get the best materials at fair prices and that work gets done on time. A solid network is invaluable in this industry.
7. Stay on Top of Industry Trends and Technology
The construction industry is evolving, with new materials, techniques, and technologies emerging all the time. Keeping up with trends such as green building practices, construction management software, and prefabrication can give you a competitive edge. Staying ahead of the curve helps you offer better solutions to clients and work more efficiently.
8. Price Your Work Fairly—But Competitively
Underpricing to win jobs can lead to financial disaster, while overpricing can drive customers away. Research market rates in New York, New Jersey, and Connecticut, factor in labor, materials, and overhead costs, and price your services accordingly. Don’t be afraid to charge what you’re worth, but always provide value that justifies your pricing.
9. Deliver Quality Work Every Time
Your reputation is everything. One bad job can ruin years of hard work building your name in the industry. Always strive for excellence, meet deadlines, and exceed client expectations. Happy clients lead to repeat business and referrals, which are the lifeblood of a successful contracting business.
10. Market Your Business Like a Pro
Word-of-mouth referrals are great, but in today’s digital world, you need more than that to grow. Use SEO-optimized websites, social media, and platforms like Google My Business to attract new clients. Contractors who invest in online marketing get more leads and stand out from the competition. If you don’t have time for marketing, consider hiring a professional to handle it for you.
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BGES Group: Your Trusted Partner for Workers’ Compensation Insurance
At BGES Group, we specialize in providing contractors with the best workers’ compensation insurance in New York, New Jersey, and Connecticut. Whether you’re a small contractor or running a large operation, we ensure you get the most competitive rates and the best coverage to protect your business.
• Gary Wallach is your go-to expert, ready to assist you with all your workers’ compensation needs.
• Phone: 914-806-5853
• Email: bgesgroup@gmail.com
• Website: www.bgesgroup.com
Don’t take risks with your business—contact BGES Group today and secure the coverage you need to work with confidence!