Top Reasons to Getting Your Contractor's LicensePublished January 31st 2018 at 7:49am
If you work in construction, you may be trying to decide whether or not to apply for a contractor's license. While getting a contractor's license may seem like a lengthy, expensive process, the fact is that there are many reasons to invest in a contractor's license if you own, or are looking to open, a contracting company. Here are just a few of these reasons.
Get Access to Higher Paying Jobs
If you do not have a contractor's license and you run a construction business in Arizona, then you legally cannot take a job that is worth more than $1,000, which can severely limit the scope of jobs you will have access to. Investing in a contractor's license can then help you to grow your business, and increase your revenue stream.
Legally Advertise Your Business
Also making it difficult to access new jobs if you do not have a contractor's license is the fact that without a license it is illegal to advertise your business. If you are caught advertising your business without a license you could be subject to jail time and/or hefty fines. Yet, how are you supposed to attract business without advertising? For many independent contractors, this is one of the most important reasons to invest in a contractor's license.
Take Customers to Court
Since you cannot legally take on jobs worth more than $1,000 dollars (which is the majority of construction jobs) if you do not have a license, this means that many unlicensed contractors work under the table for cash and without a contract. However, this means that these contractors may get burned by customers who refuse to pay, or claim that the agreed upon price was lower than it was. With a contractor's license, you will not only have proof of the agreement made with the customer, but you will have a legal right to take customers who do not pay to court, helping to protect your rights as a business owner.
Contact us to learn more about the reasons why it is important to invest in a contractor's license if you work in the construction industry.