Oftentimes when contractors are deciding to be a specialty service construction company to offer full services, they feel like they are becoming like the big-name businesses they hear bad stories about. That’s not necessarily the case! There are a lot of benefits to becoming a full-service construction company.
Being able to offer start-to-finish service for any building you are putting up or working on is great for many reasons. You not only get to control how things are being done on the project, but you also get the opportunity to stay on a job from start to finish and see your work come to life… quite literally! This saves time and money for your client in the long run while allowing you to reap the benefits of owning the full project cost to complete!
When it comes to clients, they will look for a construction company that provides reliability, less stress, and cheaper costs to satisfy the needs of their project. As a contractor, it’s rewarding to build a long-standing relationship with your clients which you get from providing start-to-finish service.
We’ve compiled a short list of reasons why it’s beneficial to become a full-service construction company in Michigan.
- Already Know the Right Subcontractors
One established, an experienced company will already have great relationships with well-priced subcontractors. In many cases, these relationships mean discounted or at least very competitive rates that lead to big savings for their clients.
- Management of Expectations
A full-service construction company will be part of budget planning for the entire project, which can help with managing a client’s expectations from the start. Not only will the client have realistic expectations, but a company that helps to set the budget is much more likely to stay within it.
- Buying Materials in Bulk
Large full-service companies enjoy the added benefit of buying their materials in bulk - a huge saving that can then be passed on to the client. When using a variety of smaller subcontractors, clients are less likely to benefit from bulk discounts.
- Time Savings
Time is money, and the longer that a project drags on, the more it costs a client - in opportunity costs, labor costs, machinery rental costs, etc. Working with a company that manages the entire timeline from start to finish helps to ensure that subcontractors are scheduled at the appropriate times, equipment is rented for no longer than necessary, and personnel on-site are not idle.
Many clients are too busy or overwhelmed to manage a large-scale construction project. In many cases, they lack experience or interest. The majority of clients appreciate the know-how, connections, organization, and cost savings that come with a full-service construction company. While saving a client money is usually enough to earn their business, removing stress and staying on schedule ensures that you will keep them and earn their referral business. By also building relationships with reliable subcontractors, you can watch your bottom line skyrocket.