How many overhead employees does the average contractor have at a minimum?

The average contractor typically has at least two overhead employees to effectively manage essential aspects of the business. This number allows for the distribution of responsibilities such as bookkeeping, project management, and administrative tasks. With just one overhead employee, the contractor could become overwhelmed with multiple functions, potentially leading to inefficiencies and errors. Having a minimum of two employees can help ensure that there is adequate coverage and support for the various administrative needs of the organization, facilitating smoother operations and better coordination. This structure is particularly important in the construction industry, where numerous projects and logistical challenges require solid oversight and management.