Eric Hymowitz has served as the founding president of ROC Homes in Houston for over 19 years. Alongside his leadership of his company, Eric Hymowitz maintains membership in the Greater Houston Builders Association (GHBA), which has awarded ROC Homes several Houston’s Best Prism Awards.

Presented by the GHBA Sales and Marketing Council, the Houston’s Best Prism Awards highlight the work of outstanding construction industry professionals and companies. Each year, GHBA bestows the honors at a gala attended by construction leaders from throughout the Houston area.

Eligibility for the Prism Awards is reserved for GHBA members in good standing. The more than 100 award categories cover contractors, products, and promotions. Award recipients include sales and marketing professionals, mortgage specialists, developers, remodelers, and, of course, builders.

Home builders can receive Prism Awards for their design and construction of both interior and exterior living spaces. GHBA also hands out Grand Prism Awards, which are presented to construction professionals and companies that qualify for multiple awards in the entry categories. To learn more about the annual awards, please visit http://www.ghba.org/prismawards.

As owner and president, Eric Hymowitz oversees the construction of homes in the Houston area. Eric Hymowitz began his construction career in 1994, and shortly after, started his own construction business, ROC Homes Texas, LTD.

Like many other ventures, starting a construction business requires a passion for the industry, but more than passion, prospective business owners should keep a few considerations in mind.

Of the major considerations, funding is central to launching a new venture. Entrepreneurs can fund a venture in a few ways. In addition to the conventional loan, SBA loans are a great alternative for people who are turned down for traditional loan programs and the conditions are more advantageous. Another way to finance a business is through the accounts receivable purchase (AR), which is a way for businesses to fund their venture if they have a lot of business but few assets.

When setting up the business, consider business structure and taxes. Most businesses file as a sole proprietorship, LLC, partnership, or corporation. When setting up a business structure, keep in mind that filing status can impact the amount of taxes a business pays.

Finally, when setting up the infrastructure of the venture, businesses should consider what type of bookkeeping and accounting system works for the business. Entrepreneurs can use any of the available construction software available to handle a host of tasks like keeping track of sales, jobs, and other activities. In many cases, this software can make bookkeeping convenient and efficient.