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Landscaping (mowing, trimming, planting, etc.) Construction Demolition. Quick Loading & Unloading. Multitasking Skills. Hand Tools & Power Tools. Farm & Field Work. Ability to Lift Heavy Loads. Physical Stamina and Strength.
As an independent contractor, you'll usually make more money than if you were an employee. Companies are willing to pay more for independent contractors because they don't have the enter into expensive, long-term commitments or pay health benefits, unemployment compensation, Social Security taxes, and Medicare taxes.
A building contractor is an individual who engages in construction management. These consist of planning, developing and coordinating of activities of a successful building construction project.
General Contractors (including construction managers) earn an average of $43.93 per hour, or $91,370 per year.
Physical Strength and Endurance. Dexterity and Hand-Eye Coordination. Building and Engineering Knowledge. Strong Reading and Math Skills. Memory. Communication. Experience with Technology.
Herigstad says the tax responsibilities are a main reason for a contractor to get more pay than an employee typically 25% to 30% more.
Physical Strength and Endurance. Dexterity and Hand-Eye Coordination. Building and Engineering Knowledge. Strong Reading and Math Skills. Memory. Communication. Experience with Technology.
Project Planning Responsibilities. Plan important project development and implementation in advance. Project Management. Manage the budget for the completion of construction activities. Project Monitoring. Legal and Regulatory Responsibilities. Health and Safety Responsibilities.
According to the Construction Financial Management Association (www.cfma.org), the average pre-tax net profit for general contractors is between 1.4 and 2.4 percent and for subcontractors between 2.2 to 3.5 percent. This is not enough profit to compensate the risk contractors take.
Generally speaking, a general contractor is someone who manages a team of subcontractors to help do various types of construction projects in your home. A custom home builder, however, is specialized in building custom homes and is able to complete this specific type of project start to finish on their own.
