how much does it cost to start a building company?
i have had an offer of a government contract to fit kitchens and paint and decorate OAP homes, halfway houses ect. i was just wondering if any one could put a number on a small company 3 vans and 6 employees, tools ect. plus any hidden costs! thanks for your help!
Take the cost of each van and multiply by 3. Each employee may cost you (depending on where you live) 15 to 20 dollars an hour or more for construction work. You have to state exactly what each person is doing to get a better idea of how much each person will cost you. Tools etc. would depend upon the equipment required. That could cost you quite a bit depending upon the sizes required. Also, you would require initial capital to set up a office unless you manage to operate out of your house. (If you have your own independent house and your neighbors don't make a big issue of you working out of it). Always, you would also need to keep extra money for other contingencies that come up. So, its very difficult to give you even a rough estimate without knowing many other details which you have not mentioned.
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