Believe it or not, you are ahead of more than 90% of the population simply because of your decision to start your own business. Whatever the reasons, it’s important that you start off right. In this guide, I will show you the steps to take to start a storage shed business.
To get started, you can start by simply saying, “I’m starting a storage shed business.” Now you need to create a business plan to follow. Without a plan, you won’t have a sense of direction, and in no time you’ll know where to go or what to do next. Most startups fail in the first two years simply because they didn’t have a written business plan.
Business plan;
Step 1. Name your new business. Don’t be too smart here. Keep it simple and to the point. You want people to know what you are doing simply by reading your business name.
Step 2. Separate financially from the business. This involves separate business checking accounts and lines of credit and credit cards. You may want to speak with an attorney about incorporating your business or creating an LP or LLC. The last thing you want is to lose your home and personal belongings due to a legal matter with a supplier or customer.
Step 3. At this point, you need to decide where you will get the sheds that you plan to install.
A. You can buy a franchise from a storage building manufacturer. This requires a great deal of money up front, but they will provide you with everything you need to market and sell your pre-built storage buildings and barns. The company will probably ask you to have a vacant lot in which to display your models.
B. You can go to your local home improvement center and make arrangements with the store to install the sheds that your customers buy. This is easy and does not require any sales on your part. But you’re stuck waiting for the store to call you with work.
C. You can purchase the materials and, using customizable storage shed plans, build the exact storage sheds that your customers want. This will take longer, of course, but it will give you the most satisfaction when the job is done. It also gives you full control over your new business.
Hope this answers your questions about starting a storage shed business. Just remember, before you start building and selling storage sheds, you need to have a business plan.