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Safe Installations

Keeping others’ valuables safe will enable you to create a financial safety net of your own.

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Business At A Glance

Safe Installations

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

Crime is on the rise, and people are nowmore proactive in terms of protecting themselves and their familiesfrom becoming victims of crime and against the loss of their valuablesor personal property through crime.

The time has never been better tostart and operate a business that specializes in the sales andinstallations of safes used in the prevention of property loss byburglary. Safes typically come in two forms. The first is thetraditional floor model safe that can be cemented into place as anadditional safety measure. The second is wall-mounted safes, which aregenerally concealed behind furniture or installed in unlikely places,such as attics and closets. Requirements: Installing safes does notrequire any special certificates, with the exception that the personwho is carrying out the installation should be bonded for insurancepurposes. However, you must first find out all of the regulations inyour area in terms of safe sales and installations. The additionalrequirements for this business start-up include dolly equipment capableof moving heavy items and a few basic power tools to be used for thesafe installations.

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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

Consignment Furniture Store

Give furniture a second life by selling it again.

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Business At A Glance

Consignment Furniture Store

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

A furniture consignment shop can stock everything from a 100-year-old highboy to a 10-year young sofa. Just as in clothing, the trend these days is toward recycling, finding delightful ways to make everything old seem new (or just beloved) again. Furniture is one of the fastest-growing segments of the resale industry, with more and more nonfurniture consignment stores either adding furniture to their inventories or opening a second, furnishings-only location.
So if you love interior design, you’ve got the nose for sniffing out both antiques and good quality, then a consignment furniture shop could be the business for you. You’ll take clean, well-loved furniture and accessories, and display and merchandise them for their owners, splitting the profits when you make a sale. You can take on more than sofas and tables–like any good home furnishings or antiques shop, you’ll also stock prints, paintings and decorative. You’ll also spend a fair amount of time going out to people’s homes to appraise furniture pieces, then taking them back to your shop. Because you’re taking the items on consignment, you don’t pay anything for your inventory until it’s sold, which makes this business ideal for the startup entrepreneur. Some consignment shops mark items at a set price, then have the owners pick them up if they don’t sell within a given period of time.
Others mark down merchandise 10 percent for every month it remains unsold. The advantages to this business are that it’s creative, your startup costs are small compared to most retail operations, you get the satisfaction of helping your customers get great buys for little money, and you never know what fascinating piece is going to walk through your door at any moment. The key to a successful consignment shop is an atmosphere that’s clean, fresh and stylish, so you’ll need a talent for display and merchandising. You should also have a good eye for quality as well as current fashion, and you’ll want to know something about antiques and collectibles. And you’ll need the savvy to properly price your merchandise so that shoppers get the discount they expect and you and your consignors make a profit. To complement all this, you’ll need people skills, and last but definitely not least, you’ll need the muscle–or the on-call assistance–to load heavy furniture onto your truck from consignees’ homes and then from the truck into your shop, then back out to customers’ vehicles.

The Market

Your customers will be the same sorts of people who shop at antiques stores and other home furnishings outlets. The trick is to attract their attention and sell them on the benefits of shopping with you. Besides routine advertising methods like local radio and newspaper ads, you can host furniture and collectibles shows or talks for local women’s groups, give seminars or workshops on furniture design, antiques and collectibles for colleges and community centers, and hand out fliers in front of your shop. Shopper ads in your local Pennysaver-type publication are also a terrific advertising tool.

Needed Equipment

You’ll need a shop and not a whole lot else as far as display furnishings–a few glass cases for small collectibles should do it because you’ll have plenty of tables and dressers on which to display larger items. You’ll also need sales tickets and tags, a supply of shopping bags and tissue paper for wrapping collectibles, and a cash register. A computer with an inkjet printer and retail operation software will be a big help but aren’t necessary for starters if you can’t afford these things. Stock up on antiques and collectibles reference books; you’ll also need a reliable pickup truck for collecting furniture from consignees’ homes and a few furniture dollies and carts. In some states, it’s illegal to sell used mattresses, so be sure to check with local authorities before doing so.

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