The construction industry is one of the best industries to invest in, in the economy today. This is a result of the growth in real estate investment. A lot of developments are taking place almost everywhere in the world with new buildings springing up, hotels, hospitals, commercial buildings, fast food outlets, and restaurants as well as recreational centers.
The construction industry is not only limited to building houses, construction involves a wide spectrum of activities. Construction may refer to real estate development, road and bridge building, setting up of telecommunications infrastructure, repairs and alteration services, security installations, excavations, demolitions, and a host of other activities.
The construction industry is not gender-specific. There is a general belief that women cannot invest in the construction industry. This is untrue as many women are currently doing well in the industry.
This is not to say that there are no risks involved but men in the construction industry are exposed to just as many risks as women. So, being a woman doesn’t stop you from starting a business in the construction industry. So what are the hot businesses you can start in the construction industry?
1. Project Management-:
As a project manager, you can either work with the government, private individuals, or construction companies. Project managers help to manage and monitor construction projects to ensure the quality and cost-effectiveness of the project.
2. Construction Site Cleaning-:
After a construction job is completed, there would most likely be some waste materials or unused materials that need to be removed before the construction job as fully complete. Most construction companies outsource this very important service to other companies. Starting a construction cleaning company does not require much professional expertise or knowledge and is quite easy to start.
3. Construction Broker-:
Construction brokerage business is also known as contract sub-contracting services. It involves the recommendation of construction workers to people who are carrying out building projects and earning a commission for each deal you can broker.
4. Road Construction-:
The construction business is not limited to serving private clients. You could work with the government on constructing roads and bridges in your country.
5. Utility line construction-:
This involves working with communication companies to install communication masts or telephone lines. You could also be involved in constructing street lights, gas pipelines, drainage facilities, and electricity poles.
6. Selling of materials-:
You could also deal with construction materials like blocks, gravel, cement, ceramic tiles, wood, nails, and several other materials used in the construction industry. You could also start a building materials importation and exportation business.
7. Roofing services-:
Every new building needs a roof. Old buildings also need a regular change of roofing especially when they get old and start leaking. Starting a roof installation service is a very lucrative construction business.
8. Interior Designing-:
Interior designers help to give homes that special warmth and touch of class and style.
9. Aluminum doors and windows-:
Aluminum doors and windows production and installation is another business that is moving the market in the construction industry. People love to use aluminum doors and windows in their homes because they are durable and also highly fashionable. With some months of training, you would be able to produce and sell your own aluminum windows and doors.
10. Cement production-:
Cement is a very hot item in the construction industry; it is used in the production of building bricks and is also used as a binding ingredient during construction. Cement is manufactured using Limestone, alumina, calcium carbonate, and silica amongst other ingredients. While cement distribution and sales are very competitive, cement manufacturing is a fairly untapped niche in the construction industry.
11. Structural Engineering Design-: Structural designing is a highly professional job in the building and construction industry. It helps to analyze and determine structural plans of buildings to ensure that the building is safe and comfortable for users.
12. Security Installations-: You can also help people protect and safeguard their homes from robbery and intrusions by starting a security installations business. Security gadgets you could help install include CCTV, Electric fences, intruder alarms, smoke detectors, pet sensors, etc.
13. Electricity and lighting specialists-:
You don’t necessarily need a degree in Electrical Engineering to become an electrical and lighting specialist. With a few months of training you are ready to start earning money from installing electrical fittings in new buildings, maintenance of electrical facilities, fault finding and troubleshooting services as well as repairs.
14. Interior and Exterior painting-:
Painting is one of the most commonly demanded jobs in the construction industry. Painting helps to beautify the home and make it look more elegant. You can also think of becoming a paint manufacturer.
15. Plumbing services-:
You can also consider becoming a plumbing service provider. Plumbers help to install and maintain sewage, drainages, water heaters, taps, and showers. Plumbers also help to fix leakages and unclog drains.
16. Landscaping Services-:
Landscaping services are another good business opportunity in the construction industry. Landscapers are responsible for the construction, planning, and development of landscaping sites as well as the planting and management aspects.
17. Energy Auditor-:
Energy auditors help to perform a general assessment of buildings to be able to determine energy consumption and suggest ways to reduce energy costs and achieve energy efficiency in the building. Energy auditors may also offer alternative energy installation services such as solar and wind energy.
18. Scaffolding Rentals-:
Another business idea is to start a scaffolding and ladders renting business. Scaffolds are used by construction workers whenever they need to do jobs that require elevation.
19. Waterproofing Services-: Waterproofing services are also in high demand, especially in areas that are prone to floods, Tsunamis, and other natural disasters involving water.
20. Childproofing Services-: Childproofing services involve installing security facilities to make the home safer for babies. For instance, if there’s a swimming pool in the house, it has to be fenced to prevent babies from crawling around the area. Other high-risk areas of the house like staircases, kitchens, fireplaces, and electrical fixtures should also be childproofed.
