Construction and Contracting Business. Entrepreneur magazine

status, 102

      F

      failure, causes of, 120–121

      fax machines, 52

      federal rules and regulations, 40–41, 55–56

      field labor costs, 67–71, 94–95

financial management, 28, 38–39, 63–66, 85, 89, 91–95, 120, 131. See also budgeting

      financial planning, 131

      financial statements, 28

financing, 17–18, 19, 30–33, 39, 73

      fixed costs, 72–75, 78, 80, 89, 131

      flexibility, 58–59

      fliers, 104

      friends and relatives as financing source, 30

      funding, 17–18, 19, 30–33, 39

      G

      general contractors, 2, 5, 127–128

      general liability insurance, 70, 128

      government rules and regulations, 40–42, 55–56

      growth, 106–107, 120

      guest blogging, 102

      H

      health considerations, 13

      health insurance, 43, 70–71

      hiring employees. See employees

      home offices, 48–49

      homepages, 99

      I

      incentive plans, 114, 117

      incentives, employee, 77

      income potential, 84

      income statements, 28

      income taxes, 45

      incorporating, 37, 38

      independent contractors, 2. See also subcontractors

      inland marine insurance, 40

      inside contractors, 3

      instinct, 133

      insurance, 39–40

      internet access, 53

      J

      job applications, 111

      job descriptions, 111–112

      L

labor burden

       break-even point and, 80

       in estimates, 80–83

       field labor costs, 67–71

       office staff costs, 72–74