Thursday, March 19, 2015

Roof Maintenance Repair and Coating Service - Business Ideas

Roof Maintenance Repair and Coating Service - Business IdeasRoof contractor businesses perform maintenance, coating, installation and repair services to clients in the consumer, business, nonprofit and government sectors. Virtually every building used for commercial or residential purposes needs a roof, which needs repair services at some time, making this a vast and growing market all around the world. Starting a roof maintenance, repair and coating business can turn your roofing skills and experience into an opportunity to achieve financial independence for you and your family. Knowing how to start a roofing contractor company is the first step in entering this industry.

Roof Maintenance Repair and Coating Service Instruction:

Step 1

Make a list of the tools and equipment you will need to perform your services, and calculate the total cost of all necessary supplies. In addition to basic equipment such as ladders, hammers and shingles, do not forget to include the cost of any trucks, vans or other vehicles you will need to haul your equipment to job sites. Factor in the cost of consumables such as roofing nails, caulk and roof coating solution, as well.

Step 2

Obtain any start-up funding you need to cover the costs calculated above. If you do not have the cash on hand to purchase all of your materials, consider saving your personal income for a bit longer before going into business. If you do not wish to wait, consider asking for a personal loan from a friend or family member to help get you on your feet. If that is not an option, look to a local bank or credit union to obtain a small business loan or credit card with a large enough limit to get you started. Try to buy used vehicles without relying on dealer financing if at all possible to reduce your total startup expenses, but avoid skimping on costs when shopping for tools and materials.

Step 3

Register your business in your state. Consider organizing your business as a sole proprietorship or partnership to simplify the registration process. Roofing contractors' business models generally do not expose them to the types of financial risk that would merit forming the business as an LLC or private corporation. Insurance can cover almost all potential liability you might incur while performing your services.

Step 4

Obtain a roofing contractor license if it is required in your state, or a general contractor license if not. Contact the Secretary of State's office in your state to find out if there are specific licensing requirements for roofers, and if so, which state agency handles licensing. Contractor's licenses require you to fill out a simple form to prove your education and experience, and to submit a small filing fee.

Step 5

Obtain workers' compensation insurance and general liability insurance to protect your business from potential financial pitfalls. Workers' compensation insurance is required for all employers, and liability insurance can protect you from financial loss due to accidental damage to client property.

Step 6

Market your new business in your area. Use newspaper, phone-book and online advertisements to attract residential customers, and participate in local business coupon publications to bring in value-conscious customers. Rely on direct sales over the phone or in person to prospect for business customers and nonprofit organizations. Make sure you speak with someone in each organization with the desire, authority and funds to make a purchase decision to avoid wasting time on sales. Contact local government agencies and ask for information on their private contractor job bidding processes to develop a governmental customer base.

References

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