Hope it works out for you. :thumbsup: Seems like only yesterday...
"hi, i have 10 years experience installing closets, everything from wire to laminate, and i have decided to start my own business. i have the money to do it and have my business plan laid out. its a HUGE industry around here (huntsville, alabama) and there are only 5 companies doing it full time, 2 of which ive worked for and know the ins and outs of.
i am going to do wire only at first, which is what 90% of new homes here use.
i literally feel like i know every single thing there is to know on the installation side.
im starting out as a sole proprietor and am going to do everything myself, i have many contacts around here, and im confident in my ability to sell. i have seen first hand what the market holds and what people are willing to pay for.
this is my question:
i know the competition is charging $5-7/linear ft installed on wire. check this out, using closetmaid stuff from lowes (which is way overpriced) i can charge $4/ft and make $2/ft profit. i am confident in my ability to do 500 feet a week starting out.
i have tried to find a cheaper source online but unless you become a dealer, the big companies like schulte and lee rowan have huge minimums.
if i can find a cheaper source i can make a killing. all the competitors here are large business with huge overhead, and are poorly managed. i know this first hand.
so any advice anyone can give will be helpful. thanks so much!!"
Looking back....what happened? Is it mostly the economy or was running your own business just not what you thought it was going to be?