There’s really only one substantial difference between residential and commercial building contractors in Victoria, and that is the nature of the buildings they work on. As implied by the name, residential contractors work on residences- that is, all kinds of houses and housing complexes. Likewise, commercial building contractors are employed to construct or remodel structures related to individual business or public use, including stores, office buildings, shopping complexes, hotels, and educational institutions, many of which are built on a titanic scale (such as office skyscrapers).
Most commercial building contractors, like their residential counterparts, own their own companies and have years of prior experience in the construction industry. When it comes to their projects, the commercial building contractor is not simply responsible for constructing or remodelling the project at hand, but they are also responsible for accepting job bids and hiring subcontractors, and then scheduling those hired and acting as their foreman. Typically, for their service, commercial building contractors take a fee of between 10 and 15% of the total project cost. So, a contractor charging 10% on a $1 million project will come away with a fee of $100,000.
Aside from the actual building of the structure in question, the main purpose of a commercial building contractor is to act as a foreman for the entire crew involved in the project, thus taking the onus away from the individual or company contracting the project out. With new commercial structures constantly being built, a good commercial building contractor can find steady work in Victoria.