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Reinvigorate people’s homes with a renovation service.

Reinvigorate people’s homes with a renovation service.

Entrepreneur

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Business At A Glance

Reinvigorate people’s homes with a renovation service.

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

Capitalize on your carpentry andconstruction skills and cash in on the ever growing multibillion-dollarhome improvement industry by starting your own renovation service.Small additions, basement remodels, carport conversions, painting anddrywall, fencing, siding, and general cosmetic changes all fall underthe umbrella of home renovations.

You can keep your start-up costs to aminimum by renting more expensive tools and equipment on an as-neededbasis, and buy these items from the profits you earn. You will need tobrush up on your estimating skills, so calling other renovationcontractors in you area and asking about costs for the variousimprovement service they offer is a good way to get handle on thecompetition’s pricing. Skills that you may lack can be contracted outto qualified tradespeople, especially the more specialized work liketile flooring, electrical and plumbing, and insulating. Qualityworkmanship and reliability are essential to prosper in this industry,as it is not uncommon for top renovation companies to do strictlyrepeat and referral business, without the aid of any advertising.

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Home Products & Services

Housing Tours

If you enjoy giving tours, this is the right business for you.

Entrepreneur

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Business At A Glance

Housing Tours

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

Business Overview

Homes featured on the home tour can include historical interest, celebrity homes, homes that were once lived in by a famous personality, homes of heritage interest, technologically advanced homes, and homes that have had a checkered past, such as the location of a murder. Starting this type of tour business is very easy and inexpensive to do.
 
Clients can include local residents, tourists, organizations, and school students. Additionally, for the really innovative entrepreneur, the business could go virtual and offer clients a glimpse of these homes over the Internet via a specially designed Web site. Mainly this is the type of business that would really be of interest to tourists, so be sure to establish contacts and alliances with hotels, motels, and restaurants throughout your community. The profitability will greatly vary as to the popularity of the house tours and the frequencies the home tours are operated. However, a mere 200 clients per week paying an average of $10 for the tour each will create business revenues in excess of $100,000 per year.

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Home Products & Services

Wallpapering Service

Improve customers’ interiors with a wallpapering service.

Entrepreneur

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Business At A Glance

Wallpapering Service

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

Business Overview

The demand for residential wallpapering has been on a steady decline for the past decade, with the exception of wallpaper applications is on the rise, due to the fact that a wallpaper finish as opposed to a paint finish, lasts longer, is easier to maintain and, calculated over a usable life span, is half the cost of painting. Specializing in commercial wallpaper applications is a very inexpensive business venture that you can initiate. It can return a comfortable living for many years. Commercial builders, renovators, and property managers can be your best source of leads to secure work.

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Home Products & Services

Furniture Upholstery Service

Give furniture another chance by re-upholstering it.

Entrepreneur

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Business At A Glance

Furniture Upholstery Service

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

In spite of the fact that we live in a disposable society, furniture upholstery and recovering is not a dying art. Actually, the opposite is true, especially for the upholstery service that specializes in recovering antique furniture. The largest drawback for starting an upholstery service is experience.
 
Furniture upholstery isn’t an easy trade to learn and this business opportunity is best left tackled by an experienced upholsterer or seamstress. An upholstery service can be operated from a home based workshop or as a joint venture with an established business such as an antiques repair and refinishing service. Providing automotive, RV and boat upholstery services can generate additional income for a furniture upholstery business. Income potential is $40 per hour or more.

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