You might be thinking about starting a small business. It might be something you might have always been yearning for or something that might be a business that has great profit. Now you want to start a small masonry business and you are thinking of where to begin with and what should be done before starting one. You have an advantage in choosing this as your business as many larger masonry businesses tend to decline small offers and you can take those. Also, this type of business can give you a quite stable income of $60,000 or more. You can follow this guide on how you can start a small masonry business.
- Decide on the range of work for your business. For the first part, you should decide on what kind of work will you offer for your masonry business. Some examples of work that a small masonry can offer are from repairing steps, brick work, and side walks to installing brick fireplaces.
- Make a business plan on how you will launch your small masonry business. The business plan should be good enough to ensure a successful flow of your business. The plan should contain information on how will you finance and operate your small masonry business. You could consider on utilizing a template for your business plan if you have not made one before.
- Try to create partnerships or good relations with other contractors. Your small masonry business is one of a many that makes a steady progress by creating relationship with larger masonry contractors. You can act as a subcontractor, if they require such services. Try to make those relations with those with satisfactory ratings or good reputations.
- Get all the licenses you will need for your business. A business license is required by most states before you can work as a contractor or sub-contractor. Application requirements may differ from each state and you may want to contact your city's department for business. You should expect for an annual license fee for your business license at around $50 to $100.
- For the licenses, you may also be required to get a contractor's license depending on your states as some may need it. Your state's department of business will determine what you will need for the contractor's license.
Some additional pointers / guides for starting a small masonry business:
- If you are new to this kind of business and you have a limited experience, you might also think about serving as an apprentice for your masonry work. You might need this apprenticeship to acquire more experience and knowledge that may be required to ensure the success to the start of your own business.
- Think about advertisements. You can use different types of advertisement that may be inexpensive. If you have limited resources, you can try a word of mouth style of marketing. You can ask contractors or other satisfied customers to refer or to tell other people about your offered services. You can also offer customers a referral system that would give them a discount for their future services for each referral they provide.