With all cabinet refacing business opportunities out there, you could have a home based business that grows in this expanding industry. You’ve wanted your own kitchen updated, or talked to friends and family who have put out thousands of dollars remodeling theirs. It is an industry that will expand continuously, as homes are getting older and people want a new modern look.
This business allows you work out of your house, but clients will never step foot in your house. Although you will travel to others homes, this is one of best home based businesses available. Cabinet refacing business opportunities allow you to work from your home and not have to incur high costs of overhead.
It is probably best to purchase a franchise in this area. They do most of legwork for you. They have distributors and teach you concepts and how to perform tasks. However, it is not impossible to start on your own in a cabinet refacing business, it just may take a little longer for you to gain all contacts you need, and start getting a profit.
Either way first thing you should do is go to Small Business Administration website. You will be able to find a sample business plan to help you create a cabinet refacing business. This plan is a necessity. Not only will it help you obtain financing, but it will also ensure that you look at all aspects of business, such as licenses, insurance, budgets, and such.
You can pay a business consultant to write your business plan, but you should do it yourself. By doing it yourself, you will ensure you have missed nothing and understand exact amount of money and commitment needed to get this cabinet refacing business off ground. While creating this document, remember, it is dynamic and should be reviewed at a minimum yearly.
During creation of cabinet refacing business plan, you should be researching distributors, or franchises. Figure out which way you are going to go, and plan accordingly. Make your business plan reflect your decision, and use it to help you consider all costs associated with opening your business.