How much does it cost to get a contractors license?
Contractors must be licensed before submitting bids. How much does a license cost? In addition to the financial requirements that must be met, it costs $250 for an original application fee (nonrefundable) and $150 for the initial license fee for one classification. The license must be renewed every two years.
How much money does a construction company owner make?
The average construction business owner salary maybe under $100,000 dollars, but the profits of their business may earn much more. Some construction businesses earn as little as $50,000 but also upwards of $1,000,000 in profits for their owners.
How much do contractors pay their employees?
Florida, Louisiana, Colorado, Connecticut, Kansas, Indiana, Kansas, Missouri, New Hampshire, New York, Ohio, Pennsylvania and Wyoming don't require a specific state license for contractors.