| With all the cabinet refacing business | | | | your business. |
| opportunities out there, you could have a | | | | |
| home based business that grows in this | | | | If you decide to open your cabinet refacing |
| expanding industry. You've wanted your own | | | | business on your own, you have many things to |
| kitchen updated, or talked to friends and | | | | consider. You will need to find distributors |
| family who have put out thousands of dollars | | | | of you products. You will also need to price |
| remodeling theirs. It is an industry that | | | | storage facilities, equipment, advertising, |
| will expand continuously, as homes are | | | | and any other possible issues that will add |
| getting older and people want a new modern | | | | to your cost. |
| look. | | | | |
| | | | If you chose a franchise, research each |
| This business allows you work out of your | | | | franchise before you decide to buy. Many |
| house, but clients will never step foot in | | | | offer training, support and help with |
| your house. Although you will travel to | | | | marketing. They all take care of holding the |
| others homes, this is one of the best home | | | | inventory until you have projects, and their |
| based businesses available. Cabinet refacing | | | | distributors are in place. |
| business opportunities allow you to work from | | | | |
| your home and not have to incur the high | | | | With either option for the cabinet refacing |
| costs of overhead. | | | | business, you need to decide if you and a |
| | | | crew will perform the work or if you will |
| It is probably best to purchase a franchise | | | | subcontract the work out. If you think you |
| in this area. They do most of the legwork | | | | will subcontract, call around and talk to |
| for you. They have the distributors and | | | | some of the companies. Make sure they follow |
| teach you the concepts and how to perform the | | | | all state and local regulations, and have |
| tasks. However, it is not impossible to | | | | insurance. Decide which ones you are going |
| start on your own in a cabinet refacing | | | | to use, and make sure they are interested in |
| business, it just may take a little longer | | | | working with you. |
| for you to gain all the contacts you need, | | | | |
| and start getting a profit. | | | | Although the franchise may set the prices for |
| | | | your services, you really should call other |
| Either way the first thing you should do is | | | | companies that offer the same service. |
| go to the Small Business Administration | | | | Cabinet refacing business opportunities are |
| website. You will be able to find a sample | | | | all over, and you want to stay competitive. |
| business plan to help you create a cabinet | | | | Make sure the franchise you have purchased is |
| refacing business. This plan is a necessity. | | | | not suggesting charges well-above other |
| Not only will it help you obtain financing, | | | | businesses. This step is a necessity if you |
| but it will also ensure that you look at all | | | | are starting from the ground up. You will |
| aspects of the business, such as licenses, | | | | need to know how to set prices, depending on |
| insurance, budgets, and such. | | | | your suppliers and competition. |
| | | | |
| You can pay a business consultant to write | | | | Now you're ready to get financing for your |
| your business plan, but you should do it | | | | cabinet refacing business, if you don't have |
| yourself. By doing it yourself, you will | | | | the cash on hand for the start up. You could |
| ensure you have missed nothing and understand | | | | try private investors, banks, and the Small |
| the exact amount of money and commitment | | | | Business Administration. This may take time |
| needed to get this cabinet refacing business | | | | and you may be turned down, but don't get |
| off the ground. While creating this | | | | discouraged. |
| document, remember, it is dynamic and should | | | | |
| be reviewed at a minimum yearly. | | | | Once you have everything, advertise. Get |
| | | | your name out there and start your cabinet |
| During the creation of the cabinet refacing | | | | refacing business. The potential of making |
| business plan, you should be researching | | | | $200,000 a year is out there with only four |
| distributors, or franchises. Figure out | | | | to five projects a week and that is a |
| which way you are going to go, and plan | | | | perfectly reasonable goal to set. You're now |
| accordingly. Make your business plan reflect | | | | ready to make profits because you have gotten |
| your decision, and use it to help you | | | | your cabinet refacing business early in the |
| consider all costs associated with opening | | | | game. |