True/False

U.S. Census data shows that roughly 79% of specialty trade contractor establishments are self-employed individuals with no paid employees, and most firms that do have employees earn under $1 million per year. Based on these figures, a new electrical contractor should expect to face stiff competition primarily from large, well-funded corporations with significant market advantages.

0

1

Updated 2026-04-29

Contributors are:

Who are from:

Tags

Electrician Business Operations

Running an Electrical Contracting Business Course

Related