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How do I Start a Tile Business?
How do I Start a Tile Business?
Tile is a popular material for kitchens, bathrooms and countertops. This versatile material creates a cool, clean service and has a long lifespan. If you’re interested in the home improvement industry, tile is certainly a good niche to consider investing in. Starting with a tile business for sale takes a lot of effort and planning, however. You’ll need to consider these steps:
Financing
Start up costs for a new business can vary widely, but you’ll need to consider the costs of almost everything on this list, and more, before you can come up with an idea of your initial investment. Additionally, you’ll need to think about things like payroll, office rent and other ongoing expenses.
Planning
If you can pull together enough capital to start your business, the next stage is planning. You’ll have to get licensed first. Then you’ll need to draft up a business plan, which should include things like an operational overview, the services you’ll offer, market analysis, competitive analysis, financial plans and projections, and so on.
Hiring
Once you’ve got your business plan laid out, it’s time to build your team! If you don’t have any tiling experience yourself, you’ll need to hire contractors. Once your business grows, you may also need to hire a secretary, accountant and marketing specialist.
Tools and Equipment
You can’t complete any tiling jobs without the right equipment! Make sure you know what you need to get the job done right. Professional equipment can be expensive and you’ll need to ensure you have enough tools for your entire team.
Suppliers
You’ll also need tiles! Where will you buy your inventory? Having a large selection is important in order to capture the unique tastes of a large client base.
Customer Acquisition
And your clients, how will you find them? You need to think about networking, marketing and sales if you want to be able to sustain your business.
Stability
And, last but not least, you’ll need to create a plan for your business in the long term. When things are booming, it may seem like you have nothing to worry about. Economic downturn is inevitable however, so you’ll need to come up with ways to keep your business recession resilient.
“There is so much business to be had. And with the provided marketing support, the sky’s the limit. It’s a really exciting place to be right now!”
–
Aaron Benedict
Footprints Floors Franchise Owner
Is There an Easier Way?
If the above list seems overwhelming, and you’re thinking it might be easier to just find an established tile business for sale, you’ve come to the right place! Footprints Floors is a flooring franchise that offers services for tile, hardwood, carpet and more.
We’ve already done all of the hard work so that you don’t have to. We stand out from the industry with a unique, successful franchise model and an incredible support system. And, while we can’t promise to be a recession proof franchise, we’ve taken the time to create a truly resilient and stable business model.
An investment in us will save you the headache of business start up and bring you all the benefits of business Ownership. Contact us today to get started with our flooring franchise!
