Many skilled engineers and site supervisors in Bangladesh dream of running their own construction firm. The technical side is familiar; the business side is where most new firms struggle. Here are the essentials.
1. Register properly
Typical steps include a trade licence from your city corporation, a TIN and, as you grow, VAT registration and company incorporation. Government and large private tenders often also require enlistment with the relevant authority. Rules change, so confirm current requirements with the offices concerned or a professional advisor.
2. Separate project money from personal money
Open a business bank account and record every advance and expense against a project. This single habit prevents most cash-flow crises.
3. Use real accounting from day one
A double-entry system such as Qrixo accounting software — built in Bangladesh by Tecaxy — gives you ledgers, receivables, payables and clear profit per project, in Bangla and English.
4. Keep supplier relationships healthy
Agree credit terms in writing and reconcile dues monthly. Many material shops now use Hisabun to record sales and dues, which makes reconciliation quick.
5. Price with drawings, not guesses
Quote from proper drawings and quantities, and include contingency. Our guide to planning a construction budget explains the structure.
6. Build a professional online presence
A fast, bilingual website with a portfolio wins trust before the first meeting — see what every construction firm website needs. Tecaxy builds websites and custom business software for firms like yours.
7. Partner where you need expertise
Need structural design, soil testing or consultancy? BeTech works with contractors across Chattogram. Get in touch.
