How to Start a Construction Business in south africa page 2

4. Get the funds you need. The startup costs associated with a construction company can vary dramatically based on where you operate and what services you provide. Keep in mind that you will need funds to lease or buy vehicles, equipment, and tools. Additionally, you will have to pay bills, advertise, and pay salaries.  You can finance your business by any or all of the following ways:

  1. Fund your startup yourself.
  2. Pitch your needs to friends and family.
  3. Applying for a Business loan
  4. Finding your business through crowdfunding
  5. Apply to local angel investor

5. Register your business.

Your business name plays a role in almost every aspect of your business, so you want it to be a good one. Once you have chosen a name for your business, you need to register it. Click here for a step by step guide on how to register your business

6. Get insured.

In order to protect yourself and your business, you will need a variety of comprehensive insurance policies, including general liability insurance, commercial vehicle insurance, and property insurance. ….  find out more ” types of business insurance