Business

Weighing the Pros and Cons Before Starting a Construction Business

Starting a construction business is unlike starting any other kind of business. The reason why it is such a challenge is because there a lot of startup costs involved. Indeed, it can be quite costly to start any business, but construction takes the cake – not only do you need expensive permits, but you also need heavy duty tools and machines to complete your jobs. When it comes down to it, though, if you have the startup capital – perhaps from an investor or a pooled source of startup cash – starting a construction and building company can actually be quite rewarding. Here are some of the pros and cons of starting a construction business.

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Business

Company Car Vs. Car Allowance: Which Is Right for You?

Many companies, especially those that require employees to travel long distances by car, will offer employees two options: a company car or a car allowance. Both provide pros and cons for the company and for the employee. As an employee it is important that you consider your particular circumstances while weighing the pros and cons of each option. Here are some things you consider when trying to determine if a company car or a car allowance will be right for you.