There are so many business ideas and opportunities all around us and as a new entrepreneur, you need to seize every opportunity to bring in income for you and your household.
Spray foam insulation is an alternative insulation which is used in a construction company or industry. It is also used to roof buildings, tiles,concrete slaps and walls. We have two types of spray foam and they are;
* Open cell insulation (mainly used indoor) and
* Close cell insulation (used outdoor)
Basically, people use spray foam insulation to save energy, control temperature, moist and sound. So if you have been thinking of the kind of business to go into, you might want to consider starting a spray foam insulation company.
Now let's look into how you can start this company and turn it into a successful business venture.
1. RESEARCH:
It is advisable to always conduct research on a business before embarking on it. The research work will enable you gather information that will be beneficial to the business and also help you make accurate business decisions.
It is advisable to always conduct research on a business before embarking on it. The research work will enable you gather information that will be beneficial to the business and also help you make accurate business decisions.
2. GET A BUSINESS PLAN READY:
Once you done with your research, the information gathered should be able to get you to write a good business plan concerning your proposed business. Your business plan should touch vital areas like, market strategies, analysis, development, financial factor and your present and future goals for the business.
3. REGISTER THE COMPANY:
This another important step to take if you are truly serious about starting this business and making it a success. You need to find a name suitable for your spray foam, then locate the corporate affairs commission office in your city and register your company.
4. GET TRAINED:
To successfully established this spray foam insulation company, it is important to get trained. Apply for an internship program with an expert or a big spray foam insulation company and learn how to operate the equipments and the necessary safety measures to take before and when working.
5. LEASE A PROPERTY:
You need to secure a property first before purchasing required materials and equipments needed for the business. And you also need to consider certain factors before agreeing to the terms of the property. Like, space, security, accessibility, affordability etc.
You need to secure a property first before purchasing required materials and equipments needed for the business. And you also need to consider certain factors before agreeing to the terms of the property. Like, space, security, accessibility, affordability etc.
6. PURCHASE EQUIPMENTS AND MATERIALS:
To fully start this spray foam insulation business properly, you need to acquire the necessary equipments and materials to enable you carry out smooth operations. The required equipments and materials are;
To fully start this spray foam insulation business properly, you need to acquire the necessary equipments and materials to enable you carry out smooth operations. The required equipments and materials are;
* Rig machine
* Foam saw removal machine
* Cutting tools
* Saws
* Spray foam mini van trailer
* Overall, hand gloves,
* Safety boots, helmets, etc.
7. SOURCE FOR CLIENTS:
Once you secure your equipment, it means you are now ready for business. So start networking and sourcing for clients as soon as possible. Construction companies are mostly going to be your major clients, get them. Associate with other professionals in the same line of business, make sure your business card is always handy so you can give it out when networking ---you never can tell where or when your next job will come from.