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Tips for Entering the Fencing Business

Tips for Entering the Fencing Business

Are you a contractor with a lot of competition? If you sometimes have gaps in your work, it is a good time to think about adding services. For example, companies doing concrete work or handyman services can offer fence building. It’s the perfect complement to many businesses, and you may already have some of the equipment you’ll need. However, before you check our fencing drills and change your business cards, here are some things to consider.

Check Your Contractor’s License

If you already own a contractor license and business license, you may have everything you need. If you are new to the business, you’ll need to check out license requirements at your county or city government office.

Insurance

Commercial insurance is essential and most new companies need general liability coverage and commercial vehicle insurance. This includes excavators, fencing drills, and other equipment. You’ll also need worker compensation insurance for employees.¬†It’s a good idea to check into errors and omission coverage and professional liability. This covers you if something goes wrong during your work. For large projects, you should consider a course of construction insurance policy. This covers uncompleted work from issues like natural disasters and vandalism.

Equipment

If you don’t have a lot of working capital to start, you can rent your fencing drills, trucks, and equipment like generators, air compressors, and concrete mixing machines. This helps you get started without a large cash outlay. However, contractors with heavy equipment can save money by buying drilling attachments which easily fit their machinery. You can use your skid steer or excavator for drilling, and you can still use it for its original purpose.

* Where to Find Business

* Here are some good sources for fencing customers:

* Local housing projects – many new houses don’t come with fences.

* Homeowners

* Business owners

* Pool owners

* Agricultural businesses

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