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How To Start a Building Company

Starting a building company can be a lucrative venture, but it requires careful planning and execution. Let us guide you through the critical steps, so you can build a thriving  business to be proud of!

 

  1. Overview
  2. Qualifications and CSCS
  3. Pros and Cons
  4. How much can I earn?
  5. How much does it cost to start a building company?
  6. Do your research
  7. Choice of business structure and registering your company
  8. Create your business plan
  9. Construction Industry Scheme (CIS)
  10. Marketing and Branding
  11. Red tape
  12. Conclusion

 

Who doesn´t love the satisfaction of seeing a project completed. Owning a building company will have you doing this on a regular basis and  there’s nothing quite like driving away from a long project leaving a happy customer behind. 

 And the good news is that it can be relatively inexpensive to start.

 

 

The construction industry is notoriously volatile with many large companies very publicly going under in recent years. This may sound worrying but small ventures do seem to weather the storm more successfully.

The whole construction sector in the United Kingdom is expected to grow to £476.6 billion by 2027. The construction of buildings is forecast to remain the biggest segment in the market at £239.4 billion! 

 

  • Potential Annual Revenue: £40-56,000+
  • Start Up Cost: £3,000-£10,000
  • Time To Revenue: 3-4+ months 
  • Annual Market Growth Rate:     %
  • Best for: Hard working, outdoorsy, physically fit and self-motivated with a great eye for detail

 

After tough times in 2020/21 the building trade has bounced back with monthly construction output increasing by 1.6% in June 2023. This is the highest level of construction output (£15,620 million) since records began in January 2010.

Adding to this is an ageing workforce and skilled employees departing the field quicker than they can be attracted, it is the perfect time to start your own building business and fill the sector’s loss. 

 

Provide a reliable and trustworthy service 

 

From registering your company, establishing your brand to marketing your services, we’ll cover everything you need to know to help you turn your entrepreneurial talent into a successful company owner. 

 

tam.coutts@thecompanywarehouse.co.uk:
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