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Carpentry

Take your woodworking skills to the masses with a carpentry business.

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Business At A Glance

Carpentry

Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

A terrific opportunity exists for carpentersof every skill level to earn a substantial full- or part-time income bysetting up a fully equipped carpentry shop at home if space and zoningallows, or in a rental shop space.

Offer customers various woodworkingand carpentry services, including lumber milling, planing, joining,sawing and gluing, as well as custom work such as shaping and sashconstruction. Commercial-grade carpentry equipment such as a table saw,joiner, planner, radial arm saw, compound miter saw, shaper, bandsawand dust-collection system will be required.

Most if not all of theseitems can be purchased in good secondhand condition from auction sales,newspaper classified ads and shop closeouts for about half the cost ofnew. Potential customers include homeowners in need of custom-millingand woodworking, as well as commercial clients such as contractors andrenovators also in need of custom-milling and woodwork. Selling exoticwoods, related tools and supplies to hobbyist woodworkers andcraftspeople can also help to boost revenues and profits.

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Home Products & Services

Fireplace Installations

Homeowners will cozy up to this installation service.

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Business At A Glance

Fireplace Installations

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Wood-burning, gas, and alternative fuels – you can sell and install all of these types of home fireplaces if you are considering starting a fireplace sales and installation business. The best way to operate and market this kind of new business venture is with the assistance of a fully operational fireplace showroom.
 
There are hundreds of fireplace options, mantel options and fireplace accessories options for homeowners to choose from, and a retail showroom is the best way to display these products and build customer interest. Consideration for this type of retail and installation business include business location, qualified installation staff, and liability insurance, just to mention a few. Be sure to utilize home and garden trade shows for exhibiting purposes, as they are wonderful forums for collecting qualified sales leads. The profit potential will greatly vary for a fireplace sales and installation business. However, there should be no problems maintaining profit margins of 25 to 35 percent on all retail sale. Fireplace installation rates are currently in the range of $35 to $60 per hour, all of which adds up to a potentially profitable business opportunity for the resourceful entrepreneur who is prepared to work hard

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Home Products & Services

Refurbishing Antique Appliances

Appeal to customers’ sense of nostalgia with antique appliances.

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Business At A Glance

Refurbishing Antique Appliances

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

The profits that can be made by turningdiscarded and abandoned antique appliances into refurbished andfunctional appliances for today’s custom designed residential kitchensare enormous. One of the best aspects of this business opportunity isthat you do not even have to know how to repair or refurbish theappliances yourself, as you can hire skilled employees for this part ofthe business.

The market for refurbished antique appliances isabsolutely gigantic. Some appliances sell for as much as $5,000 each tointerior decorators and homeowners seeking the ultimate designer touch.When you consider many of these same antique appliances can be found inless than perfect condition at garage sales, junkyards, and auctionsales for less than $100, that’s a very good return on investment; evenif it costs a thousand dollars or more to restore the appliance. Oncerefurbished, antique appliances can be sold directly to consumers anddesign professionals via a display booth at home and garden shows,advertisements in home improvement and antique trade publications, andof course through Internet malls and Web auction services.

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Home Products & Services

Roof Repair

Not afraid of heights? Help homeowners fix their roofs.

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Business At A Glance

Roof Repair

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

The prerequisite for selling roof-repair services is obvious; you needto know how to repair all or most types of roofing’asphalt, cedar,tile, steel, torch-on, and tar and gravel. Although this may sound likea major requirement, in fact it is not. Just about anyone with basiccarpentry and construction skills can quickly learn how to repairroofs.

You will, however, need proper equipment to ensure quality andeffective repairs as well as safety. The best way to spread the word toresidential homeowners about your roof-repair services is through printadvertisements, both in the classified section of your local newspaperunder Trades, and by placing ads in your local Yellow Pages directory.You can also join home-repair referral services if they are availablein your community. The best way to reach commercial customers is tocontact them directly by telephone, letter, personal visit, or allthree. These include landlords, property managers, roofing companiesthat only provide reroofing services and not repair services, and otherrenovation companies that do not repair roofs. It is also a good ideato establish alliances with businesses and individuals who can referyour service to their clients, including realtors, property inspectors,and painters.

The Market

Potential customers can be divided into two camps’residentialhomeowners, and commercial property owners, managers, and renters.

Needed Equipment

Tools and equipment include basic hand tools, an assortment ofextension ladders, roof jacks, safety harnesses, and reliabletransportation.

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