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Contractors frequently juggle multiple concurrent projects, potentially causing delays in their responsiveness to emails or phone calls, as they may prioritize on-site work over administrative duties.
General contractors typically pursue education in fields such as business, construction management, or general studies, with 45% holding bachelor's degrees and an equal percentage holding high school diplomas.
To mitigate personal risk, a general contractor can opt for the establishment of a limited liability company (LLC) or a corporation, as these entity types maintain legal separation from the business owner, thus safeguarding the owner's personal assets from the company's debts and legal liabilities in most situations.
Terminating a federal employee is considerably more challenging than dismissing a private sector employee, as federal employers are bound by federal laws and regulations, whereas private sector employers often have greater flexibility to terminate employees without specific cause.
In the competitive landscape of contracting, numerous contractors are open to reducing their prices or engaging in negotiations regarding specific contract terms, as demonstrated by a recent Angie's List poll where over 80% of contractors expressed their willingness to lower prices in order to secure a project.