So do you like fixing things and working with your hands then this is a great opportunity to start a business that is very niche but can make a good amount of money.
Your first step in the process of starting this business would be to get your llc and ein number from the irs. Get licensed and insured in your state. Once you get that done your best bet is to invest in promotional material along with a website. You can get your website started fairly easy on host gator for more information about host gator you can check out the link here.
So now you have all that set up you want to grab the tools needed to fix and install a garage door.
- Locking Pliers.
- Open Ended Wrench
- Philips Head Screwdriver
- Level
- Cordless Drill
- Winding Bars
- Safety Equipment ie eye protection
- Step Stools
- Tool belts
- A van or truck to hold your tools
These 10 items are basically your starter kit to build garage door repair and installation business.
Start contacting property management companies and leaving your business card at open houses. This will start to generate some interest to your business. You can also promote on Craigslist, Facebook marketplace Google Adwords, go door to door on Saturdays and leave your business card in mail boxes. You can do a mail promotion through the US Postal Service and have them actually send your fliers out to all the homes in a particular zip code. There are dozens of ways to market your business you just have to be willing to get out there and put your nose to the ground and hunt.
So how much does the average garage door repair and installation business make? Well the average is between $150,000 – $200,000 a year in profits. Don’t get it twisted to actually make this a profitable business in the long term you’re going to need to re invest most of the profits back into the business.
I know that sucks but to grow any business and make it long lasting you’re going to need to reinvest. If you need money to expand your business then you should try outside funding the link on my blog will connect you to the WBZ Funding Site and you can start getting funds for your garage door business or any other business, as soon as this month.