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Florida remains one of the top states for construction. Despite the recent downturn in the housing market, the industry remains strong, especially for skilled tradespeople. One position in the construction industry that is always in high demand is contractor. Contractors control and plan construction jobs and are the lynchpin in getting a construction job done on time and on budget.
If you currently work in the Florida construction industry and are considering upgrading your skills and becoming a contractor, there are several considerations to work through before making your decision. Contractors in Florida need to be licensed and you therefore need to pass the state’s licensing examination. The exam covers not only direct construction-related questions but also business management and law- both important facets of being a successful contractor.
The first consideration to ponder is whether and how to tell your current boss that you are studying to be a contractor. If the company you work for outsources all of its contracting work, it will mean that you will ultimately be out of a job. It’s one thing for you to plan that transition but your employer may end up being the one who decides that you should leave because you are planning to anyway. If you choose to not to let your boss know that you are studying for the contractor’s licensing exam, you will need to find a study routine that fits around the hours of your current job.
That leads to the second consideration. How will you study for the exam? Although no particular study materials are required to sit for the exam, it is important to make sure that you are studying the right things. That means taking a study course or obtaining study materials. Choosing the right course can mean the difference between passing and failing. If you are using outdated or hand-me-down study materials, you may find that your information no longer reflects current practice and the materials will hinder more than help.
An example of a great online course for the Florida contractors’ licensing exam is the Peerless Institute (www.peerlessinstitute.com). Their online study course includes up-to-date information including contract administration, project management and business and finance. You can take the course at your own pace and at whatever time works best for you so that you can work it in to your current schedule. The course also includes hundreds of practice exam questions so that you can get the feel of what the exam will actually be like. Your practice exams are automatically graded online to give you instantaneous feedback on what you’re doing right and what still needs practice.
The final consideration is what you want to do with your contractor’s license. Do you want to work in residential or commercial construction, or both? Do you want to set up shop for yourself and hire employees and tradespeople? Taking time of front to start planning out life after the exam will pay off in the long run by ensuring that you end up exactly where you want to be.