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Types of Contractors

types of contractors

Contractors are an essential element of many construction projects. As experienced professionals, they offer numerous advantages that help get your project underway. Ranging from specialized services to cost savings, contractors have the capabilities needed to meet any scope or budget demands for any given project. There are various kinds of contractors ranging from general contractors and subcontractors to specialists such as woodwork or electrical systems - each providing efficient results tailored specifically for your need.

There are various methods companies use to hire contractors; freelancers take on jobs independently while employees of agencies often assign them projects. Whatever their arrangement, each contracting individual must pay his/her own federal and self-employment taxes in addition to providing their own health insurance - something which could save your company considerable sums of money.

Contract workers offer many advantages to businesses. Companies can easily adjust the number of contractors as their workload requires; when busy periods arrive they can hire more and decrease them when less so, enabling faster profit gains without the financial commitment that comes with hiring full-time employees and their benefits packages.

Hiring contractors offers many advantages, including getting high-quality results with little direct supervision required. Indirect training opportunities may also arise through watching them at work. There are even specialized categories of contractors such as mobile home site setup contractors, artificial turf installers and posthole diggers who do not fall into any main grouping.

Other Great Resources:

Definitions of Types of Employees and Contractors | Tax Department ...
CSLB Licensing Classifications

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Originally published: 

January 22, 2024

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Justin Ankus

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