How to Start Refinishing Business
Do you want to be a part of a booming and steady industry? Classic hardwood floors and furniture are truly beautiful and expensive home investments. Most homeowners would just refinish these things rather than replace them.
All they need is a subcontractor or a private business to do it. We can give you steps on how to start refinishing business.
It doesn’t take a lot of time, money, and space to have your own refinishing business. Just start small and then branch out as soon as you can. This service has a high demand which has a possibility to give you a high income.
Refinishing Business Guide
In starting a refinishing business, you can take a few jobs until you’re more confident about your abilities. Eventually, your business will grow by referrals and word of mouth. Here are some tips to help you get started:
- Set aside some room in your basement or garage until you’re making a profit. Then, you can look for a storefront or shop to run your business.
- Base your prices on the rates in your area the amount of time you’re going to put into the project, as well the amount your customers would be willing to pay. Eventually, you can refine your prices to more realistic estimates as you go along.
- Stock up on various supplies such as sandpaper, glue, and caps you can use for every job. Starting with a generic wood touch-up paint sampling should be enough for starters.
- Get your finances and files in order from the beginning so that you won’t need to change everything when you’re starting to grow. Also, consider a small office with a computer and simple furniture to make things easier to manage for your start-up business.
Marketing Refinishing Business
It’s time to let people know about your refinishing business. In your van or pick-up truck service, you can have your company’s name, address, and phone number painted on the sides. You can also make websites, flyers or business cards in marketing your services. Get a lot of testimonials and show photographs of your work before and after it’s done. Moreover, you can go to places such as antique malls, flea markets, or estate sales where your potential customers usually gather.
Maybe you still don’t have the budget for proper ads, but starting small could mean spreading the word to your area homeowners or local neighborhood. Local hardware stores can be good prospects too. In addition, every time you see a house being constructed or renovated, you can stop and talk to the contractor about your refinishing business. Sometimes these people are willing to refer you to the owners or to subcontract from you.
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