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innovative construction firm set up

wiseun
wiseun Posts: 8 Forumite
edited 2 January 2020 at 11:45AM in Employment, jobseeking & training
hi can anyone offer insight into how one would set up a domestic building company.
a lot of builders simply sub contract the work yet you pay thousands to 'bob builders of York'.

how would I get time served tradespeople to 'work' for my newly created firm? From experience they seem to be from have common interests for example community from 'back home' or freemasons lodges.

would it be simple enough to go the local public house and get Pablo or Dave interested?

It seems ludicrous that 'Bob builders of York' would charge for simply bringing these contractors together on a job and a management fee.

Thanks
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Comments

  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    If you want to know how to set up a building company you need to do a lot of research in this field, you wont get the information on this forum.

    Maybe you need to have a building background, go to college/uni and get qualifications like HNC or HND, research contract law, responsibilities and regulations of a main contractor - HSE CDM 2015 and CITB.

    As for getting people to work for you, if your only experience is from freemasons lodges then you clearly have never worked in the contracting world.

    Good lucks, you will need all of it.
  • Blatchford
    Blatchford Posts: 601 Forumite
    If you have to ask here, then I, for one, wouldn't touch your business with a barge pole. I prefer contracting with people who have a reputation and stability, not some fly by night I'll probably never see again, who met their dubious employees down the pub.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You could do it how they used to do it. Do an apprenticeship, work hard/learn. Get yourself some clients, then an office/yard, then hire staff, then take on apprentices, then grow the business employing people full-time to do jobs and growing your business from within by offering proper apprenticeships with a "job for life" attitude.

    :)
  • BrassicWoman
    BrassicWoman Posts: 3,218 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    can't help thinking you've an axe to grind here - why don't you just spit it out and get proper advice instead of being all secret squirrel?

    https://forums.moneysavingexpert.com/discussion/6086816/new-companies-having-millions-in-working-capital
    2021 GC £1365.71/ £2400
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'd start by choosing a more appropriate user name....
  • wiseun
    wiseun Posts: 8 Forumite
    thank you all for replies, I'm interested because many chaps I speak to don't advertise their businesses or have websites although they have work booked in till 2022.
    It beggars belief that the large companies that use one particular firm or private individuals would do business with the company from simple word of mouth, as I say they don't have websites all google brings up is companies house and the directors don't work on sites they appoint subcontractors that's the reason for the post to gain insight from your perspectives as when I bring it up they change the subject rather quick.
  • comeandgo
    comeandgo Posts: 5,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    In my experience the main contractor will know the sub contractor, either through working together on other large contracts or a mate he trusts knows them. The majority of work awarded is through word of mouth and recommendations.
  • wiseun
    wiseun Posts: 8 Forumite
    comeandgo wrote: »
    In my experience the main contractor will know the sub contractor, either through working together on other large contracts or a mate he trusts knows them. The majority of work awarded is through word of mouth and recommendations.
    what about transparency? because the awarding company would like to see credentials of any associated company? I can't believe in 2020 the lack of due diligence and transparency in the supply chain.
  • You do realise that people in the industry talk to each other and if you're good then will get recommended by word of mouth?

    If I was employing Bob Builders of York who would I go to if I had a compliant? Would BBofY simply wash their hands of the issue ?
  • Blatchford
    Blatchford Posts: 601 Forumite
    You think that "transparency" and "due diligence" consists of believing some would be entrepreneur who needs to get business advice of dubious provenance from an anonymous website; and that we should entrust our contracts to him, with no experience or knowhow, and his mates "Pablo" and "Dave" who he recruited down the pub?

    I can forsee a future for you coldcalling tarmaccing drives. Still wouldn't touch you with a barge pole.
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