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How To Begin A Business Or Construction?

These days, having an own business is great to be rewarded with. However, it takes a lot of dedication on the part of the person who is starting the business. The initials come with a lot of efforts and investments. First, comes the start-up cost, that is, of course, necessary to begin the business. Along with the aspect of cost, come various other processes for completing your project and marketing your business. If you can commit to the efforts that need to be given, you can achieve great success in your business.

Do proper research on the market

Before you decide on to start your construction, it is necessary for you to have adequate knowledge of the market. Wisely invest your money which has chances to return your profit. Consult with an industry publisher for information on the market trends and structure of the area you are constructing your business. It is necessary to mention that you should explore into the performances of the other companies who are running construction services as you are. Search and go for the relevant information about the price of the business and know how much they charge. Check the big industries and companies to get a valid concept about the firm deals. Try to learn more about the needs of your community regarding construction services. Step out and talk to the business owners and the residents. It is important for you to make sure to speculate the demographics around your area. You should start providing services at a low cost than the other companies are providing. Remember to play on sober profit and make the price reasonable and affordable by your community people.

Get your website cunstruction and marketing done by:

SEO Toronto

Address: 2403 Susquehanna Ct, Oakville, ON L6H 5Y8, Canada
Hours: 
Monday 9AM–6PM
Tuesday 9AM–6PM
Wednesday 9AM–6PM
Thursday 9AM–6PM
Friday 9AM–6PM
Saturday Closed
Province: Ontario

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Welcome: Asked PEIRCSC Questions

Welcome!

I am thinking about starting a business but I do not know where to start.
What resources are out there for me?

There are many resources to seek out information about starting a business. Canada Business is a cross-jurisdictional government organization that helps Canadian entrepreneurs get the information, advice and support they need to start a business. For more information, please click here. The Canada/PEI Business Service Centre is a full-service business information resource that is accessible province-wide and free-of-charge. For more information, please click here.

As an employer, where can I access good HR information?
HR for Employers is a one-stop information source for your human resources management needs. Information is collected from government & non-government sources. For more information, please click here.

Where can I access information about 2005’s National Construction Codes?
The National Building Code of Canada 2005 (NBC), the National Fire Code of Canada 2005 (NFC) and the National Plumbing Code of Canada 2005 (NPC) are available for purchase through NRC’s Virtual Store at www.nrc.gc.ca/virtualstore (printed and CD-ROM formats). The Canadian Electrical (CE) Code is also available at www.csa.ca/standards/electrical/Default.asp?language=english. You may also visit the Atlantic Home Building & Renovation Sector Council’s (AHBRSC) website at www.ahbrsc.com/courses/index.html on courses and training including two new 2005 NBC courses in partnership with the Atlantic Home Warranty Program (AHWP).  These courses include: 1. 2005 NBC Update for the Residential Sector 2. Objective Based Code Training for the Residential Sector.

What is the Apprenticeship Incentive Grant (AIG)?
The Apprenticeship Incentive Grant (AIG) is a taxable cash grant available to registered apprentices once they have successfully completed their first or second year (level) of an apprenticeship program in one of the Red Seal trades. For more information, please click here.

What is the Apprenticeship Job Creation Tax Credit (AJCTC)?
The AJCTC is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice. For more information, please click here.

What is the Tradesperson’s Tools Deduction?
The new tradesperson’s tools deduction provides employed tradespersons with an annual deduction of up to $500 to help cover the cost of new tools necessary to their trade. The deduction applies to the total cost of eligible tools if the following conditions are met:

  • the total cost exceeds $1,000;
  • the tools were bought after May 1, 2006;
  • the purchase was made by an employed tradesperson.

For more information, please click here.

How can I free up my time, from assembling job quotes, so I can work on-the-job
and supervise my employees more effectively?

RSMeans.com is your complete on-line source for construction books and related products. RSMeans is North America’s leading supplier of construction cost information. For more information, please click here.

How can I obtain a contact list of PEI residential construction employers (contractors)?
To obtain a contact list of PEI residential construction employers (contractors) through the provincial business directory, please click here or through PEIBusinessDirectory.com, please click here. You may also visit PEIRCSC’s members list at www.peircsc.ca.

What is a Sector Council?
Sector councils bring together business, labour and educational stakeholders to share ideas, concerns and perspectives about human resources (HR) and skills issues, and to find solutions that benefit the sector. They help ensure that workers and those seeking employment are well prepared for the challenges of the rapidly evolving labour market.

What are some of PEIRCSC’s goals?

  • To re-establish construction trades as a desirable career choice
  • To identify HR and labour market issues within the industry
  • To promote professionalism and increased productivity in the workplace
  • To gather labour market information on behalf of the industry
  • To promote education and skills development training within the industry
  • To develop and retain a competitive labour force on PEI
  • To promote best HR practices in the workplace

What are some of industry’s challenges?

  • Lack of industry (skills development) training
  • Lack of industry representation (support)
  • Lack of professionalism
  • Lack of HR and business information
  • Low wage rates
  • Out-migration (west)
  • Job instability (seasonal or contract work)
  • Shortage of skilled (qualified) labour
  • Underground economy (cash in hand)