Home renovation builder

Homeowners, landlords, strata managers and small property investors, paid under a written contract in stages.

Fixed-price or cost-plus contracts paid in progress stages, with a margin on labour and materials and on subcontractor work you coordinate.

• Building or carpentry trade experience
• Accurate quoting and costing
• Managing people and schedules
• Clear communication with clients

• Building work above a certain value usually needs a state licence, and thresholds differ by state, so check yours before quoting
• Home warranty or home building compensation insurance may be required for residential work, check your state's rules
• Public liability, tools and contract works insurance, plus workers compensation once you hire
• Written contracts, deposit limits and progress payment rules vary by state
• Cash flow risk if clients pay late or costs blow out, and check whether permits or council approvals are needed

Startup costs are typically around $8,000 to $40,000, depending on your tools, vehicle, insurance and licensing fees. These are estimates, so get quotes for your own setup and state requirements.

Monthly revenue is typically around $8,000 to $40,000, depending on job size, how many jobs you run and your use of subcontractors. Late client payments or cost blowouts can hurt cash flow.

Building work above a certain value usually needs a state licence, and thresholds differ by state, so check yours before quoting. Also check home warranty insurance, permits or council approvals, and written contract and deposit rules.