The Contractor’s application is easy as it’s all in the future.
Crystal ball gazing can’t be wrong.

Everyone loves a specialist so it’s good to target a particular type of work usually associated with an area, it’s a good starting point and you’ll find your niche quicker.

You may find our IT site helpful so you can click here:

Contractors 1

Choosing a focus market doesn’t preclude you from all others. In fact it can help.

E.g. a prospective client may like a style of house for their new home. They heard you have altered a few of this type so they choose you.

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Completed Form (form 13 for individual)

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It is best to start a completely new entity rather than use your existing business as it will involve scrutiny of historical financial records.

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The paid ($19) extract from the ASIC website.

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A comprehensive Business Plan. What makes your business different from all the other builders? Affordable, quality on time has been done to death. New products and methodology and style are good starting points. The Small Business Development Corporation have some good examples.

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A projected cash flow showing how you will fare over the next 3 years. MS Project is good for this. Debtors are a concern for new enterprises and unscrupulous clients will exploit any weakness so if your contract states payment in 5 days make sure they stick to it.

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If you are proposing a partnership or company you will require an employment agreement nominating you as the building practitioner.

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A Statutory Declaration stating you have gifted $50K to the business and that it is irrevocable.

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A letter from your accountant stating the business will not trade until your Contractor’s License is issued.

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Lastly a bank statement showing the $50K of funds at your disposal.

Contractors 2

While you’re waiting for the BC to process your application, why not put your work in a video and post on You Tube?

READ ON click here

Contractors 3

Perth

Karratha