Have you ever dreamed of making a career out of doing roof repairs? If so, then you should definitely consider starting your own roofing business. Owning your own roofing business is a great way to bring in a decent income and be your own boss. You can stay busy all year long by offering a wide range of residential and commercial services.
However, there are a couple of important steps that you will need to take to insure that your business is a success. Below are some tips for starting a roofing business:
Get roofer’s insurance
Before you start doing any type of work, you will need to purchase roofer’s insurance. A lawsuit could potentially bring your business to a close if you do not have insurance. You will need equipment insurance and personal liability insurance.
Hired qualified contractors
The next step in starting your business is to hire a qualified contractor. The contractors that you hire should be licensed and insured. If the contractors are not insured, then they will need to be covered under your insurance. Additionally, the contractors should be comfortable working with asphalt shingles, tiles, slate and wood.
Purchase your safety equipment
You will also need to purchase safety equipment. This includes things such as self-retracting lanyards, roof fall protection, first aid kits, gas cans, safety harnesses, ear plugs, hard hats and gas cans.
Purchase the supplies needed to do the job
After you purchase your safety equipment, you will need to purchase the equipment and supplies that you need to do the repairs. Hammers, ladders, caulking guns and loaders and brackets are examples of some of the types of supplies that you will need. You should also consider purchasing blowers, paint, roofing foam and spraying systems.
Buy a truck and trailer
Once you have purchased all of your supplies, you should buy a truck and trailer. Purchasing a trailer is actually an optional step, but it can make it much easier for you to haul your equipment from one place to another. Winch bars, conveyors and cargo straps are some of the supplies that you will need for your truck.
Purchase a business license
Most states require that all business owners have a valid business license. You will need to contact the construction authority in your area to find about all of the necessary permits.
Determine the method of payment that you will accept
The final step in starting your own roofing business is to determine the method of payment that you will accept. You may only accept cash or checks initially. However, it is important to note that many people today pay for things with their debit or credit card. That is why you will probably need to accept credit and debit cards when your business begins to grow. You will need to set up a merchant account before you can accept credit and debit cards. If you have any questions about rates, then you should contact other roofers in your area.
Starting a roofing business is hard work. Fortunately, it can potentially be lucrative and rewarding once you have taken the time to properly prepare.