Businesses that install cabinets are responsible for affixing preassembled cabinets into the required space. But before launching this type of business, it's important to acquire industry experience and secure the necessary licensing and insurance to protect your company. In addition, you'll need to build relationships with home improvement retailers to create steady revenue streams for your business. Here's a guide to starting a business as a cabinet installer.
Instructions
1. Get experience working as a cabinet installer. The first step in launching your business is gaining the required experience. If you haven't worked professionally as a cabinet installer, apply for a position with a company and work 2 to 3 years before venturing out on your own.
2. Design a business plan for your company. After gaining the required experience, create a business plan that discusses how you will operate, finance and market your business. If you haven't created a business plan before, check out Bplans (see Resources below), a company that provides free templates.
3. Secure the necessary licenses. Some states require cabinet installers to secure a contractor's license. To accomplish this, check out your state's permit and licenses section on its website. This should list requirements, such as an application and state exam. And if there's a state exam, a study guide may also be available on the website. You will also need to apply for a business license with your city hall department.
4. Purchase insurance for your cabinet installing business. Cabinet installers should carry large insurance policies to protect their company in the event of a lawsuit. Consider purchasing a policy with a value of $1 million (or more, if possible). To find insurance providers in your area, contact your state contractor's board.
5. Create relationships with large home improvement stores. They often recommend subcontractors to install cabinets that individuals purchase. Establishing these relationships will secure a steady stream of business.
Tags: business plan, cabinet installer, your business, gaining required, gaining required experience, home improvement, install cabinets
