Monday, December 15, 2014

Run A Guttering Business

Guttering protects homes by routing rainwater directly to storm drains.


Running a guttering business can provide a promising future since gutters play such an important role in protecting a property from water damage. Gutters route rainwater safely away from buildings, preventing ground floor or basement flooding. Running a guttering business is similar to most small trade businesses, with the added advantage that it requires little experience or investment capital to start.


Instructions


1. Gain industry experience by seeking a non-competitive mentor and working for him as an apprentice. The best approach is to offer your services to someone who owns an established guttering business in another area that doesn't compete with your intended market area. Instead of being paid for your work, you gain invaluable knowledge and experience.


2. Register your business with the national company registry and the IRS. In the United States, businesses are required to register both with officials in federal and state government. To comply with taxation laws, you will need to apply for an Employer Identification Number (EIN). This can be done on-line at their website, or by phone.


3. Browse insurance company comparison websites to find the best deal on business insurance. The nature of this business is potentially dangerous as it involves large pieces of metal and most of the work is done on ladders. Your insurance policy should cover work-related injuries for you and your staff, and it should also cover property damage in case you damage somebody's home when installing the guttering.


4. Purchase all necessary equipment. In addition to the actual guttering itself, you will need ladders, appropriate tools and toolbelts, and protective clothing. As these items are typically designed to stand up to tough working conditions they should only be a one-time expense.


5. Develop a system for calculating work time and cost estimates for clients. Most customers will demand a quote for both time and cost before they contract your company for the job. Contact your mentor and adopt his estimate calculation technique. Additionally, contact other guttering businesses and ask them for quotes on a standard property and how they justify their fees.


6. Decide how you wish to manage the administrative side of the business. If your company is large enough it might be worth renting an office space and hiring a receptionist to take service bookings and manage customer relations. However, in the beginning, it's probably best to work from a home office and invest in a hands-free telephone system so you can take calls while you're on the job.


7. Promote your business with a professional website and by placing advertisements in local newspapers and the Yellow Pages. Consider the possibility of partnering with local aluminium suppliers, so that they promote your company and you use their materials exclusively.

Tags: guttering business, your company, business with, Running guttering, Running guttering business, time cost, will need