Home Improvement Contractor - Licensed Contractors

what is the best field in construction to be in?

what is more profitable ? drywall,electricians,labors, contractors,carpenters, landscapping,painter. or what ?

Public Comments

  1. keep out of framing...most of the illegals do that for little profit....go into electrical then electrical contracting, also refrigeration....jobs are hot in the las Vegas area
  2. Today - none . 2 years ago - any of them Really, landscaping is always good. When new homes are selling, there is plenty of business. When they're not selling, people want to dress up their existing home. Good painters are always hard to find, if you don't want to wait forever.
  3. I am going to step out on a limb here as I believe you may be trying to get an answer for a question you have not yet asked...but are close. I am guessing you are asking "Which field of construction will allow me to reach profitability sooner with the smallest risk and capital investment." To answer your first question, "What is the best field in construction to be in?" this really cannot be answered given the information you provide. What do you mean by "best"? To answer your second question, "What is more profitable?" cannot be answered either because that all depends on who is running the company. I have worked with highly educated, highly skilled electricians who were not profitable because they did not manage expenses. I have worked with painting contractors who had almost zero overhead, tons of business but were not profitable because they did not charge enough. If I am correct in my assumption, you are looking to get into a contracting business and would like to know which of the trades you mentioned would allow someone to start a business, begin making a profit in the shortest amount of time with the smallest amount of capital and have the smallest risk. If so...I would recommend painting. Here is why. Drywall - very, very labor intensive. Drywall (Gypsum Board) is very, very heavy and difficult to handle. There is most definitely a skill involved in its application and finishing. Electricians - high initial capital outlay, very highly skilled. requires licensure, high risk. Labors - I am assuming you mean starting a temporary labor service. Heavily regulated, (OSHA, Dept. of Labor, Social Security, etc.) Contractors - I am assuming you mean general contractors. Again, typically one is required to have a license. TONS of risk as you are responsible for the subcontractors working for you. Usually have to be bonded and insured. Carpenters - I like what our friend said above...thin margins and so much is being done by illegal labor. Landscaping - Fairly high initial capital outlay. (Mowers, trimmers, blowers, trailer, etc.) Painting - Very, very easy entrance into the market place. Very, very little risk. If you can learn to really sell the value of your service, you can price it higher than your competition and enjoy higher profits. Very little inventory. I hope this helps... I am going to step out on a limb here as I believe you may be trying to get an answer for a question you have not yet asked...but are close. I am guessing you are asking "Which field of construction will allow me to reach profitability sooner with the smallest risk and capital investment." To answer your first question, "What is the best field in construction to be in?" really cannot be answered given the information you provide. What do you mean by "best"? To answer your second question, "What is more profitable?" cannot be answered either because that all depends on who is running the company. I have worked with highly educated, highly skilled electricians who were not profitable because they did not manage expenses. I have worked with painting contractors who had almost zero overhead, tons of business but were not profitable because they did not charge enough. If I am correct in my assumption, you are looking to get into a contracting business and would like to know which of the trades you mentioned would allow someone to start a business, begin making a profit in the shortest amount of time with the smallest amount of capital and have the smallest risk. If so...I would recommend painting. Here is why. Drywall - very, very labor intensive. Drywall (Gypsum Board) is very, very heavy and difficult to handle. There is most definitely a skill involved in its application and finishing. Electricians - high initial capital outlay, very highly skilled. Requires licensure, high risk. Labors - I am assuming you mean starting a temporary labor service. Heavily regulated, (OSHA, Dept. of Labor, Social Security, etc.) Contractors - I am assuming you mean general contractors. Again, typically one is required to have a license. TONS of risk as you are responsible for the subcontractors working for you. Usually have to be bonded and insured. Carpenters - I like what our friend said above...thin margins and so much is being done by illegal labor. Landscapping - Fairly high initial capital outlay. (Mowers, trimmers, blowers, trailer, etc.) Painting - Very, very easy entrance into the market place. Very, very little risk. If you can learn to really sell the value of your service, you can price it higher than your competition and enjoy higher profits. Very little inventory. I hope this helps... Bobby
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