If you have learned to do refinishing, you might have the skill to go into business for yourself. That could be the case.
However, we thought we’d do you a service by telling you some things you should know before you dive into the furniture refinishing world.
For starters, there aren’t that many of you around. If you decide to put yourself in the ring, expect fierce competition.
With that scarcity also comes with a “miser mentality.” They may not be inclined to share any of their wisdom or secrets with some “upstart” unless you talk to someone in another town.
Slow Buildup of Customers
The already-established refinisher may have all the business. Getting new customers could take a while.
It’s not so easy as people may imagine to figure out pricing. For one thing, each job will have its own unique repair. Plus you need to work into the price the cost of materials, how long it could take you to do the repair, overhead, etc.
It could take you some time to figure out how to do this well, but it is important to your business.
This type of work doesn’t really welcome a crowd. Another person may not even be needed to do the work. So if you don’t mind working alone, then this won’t be an issue.
If your body is sensitive to chemicals, like those found in stripping fluids, you have two choices:
- Have the right protective gear and ventilation to protect yourself from harmful fumes.
- Find another line of work
If you plan to operate from a home workshop, check with your local zoning office to see if this is going to be legal. If not, consider finding a more suitable place to run your business.
For this type of work, there could be licensing requirements. Check with your state and local offices to find out what they are, and square those away as soon as possible.
Assuming everything else falls into place, you want to make sure your vehicle is good to go for this type of business. You probably should consider renting a commercial vehicle until you can afford to buy one of your own.
Unless you have someone to help you with this, then you very likely will be promoting your business alone. It can be done. Just remember that you’re it. Get your business cards together and hit the bricks.
You should also consider setting up a website. If you cannot handle paying for it along with the hosting, there are several sites where you can set one up for free. Most of them have user-friendly templates, and you should be able to find one to match your business.
This is related to Solo Promo, but it’s more specific. You want to go to collectors and dealers of antiques to see if they can give you referrals.
Could it be possible for you to set up a display showing some of your work. You could do this at any event, like a trade show or a flea market.
Keep Your Books In Line
Bookkeeping is one of the most neglected aspects of business. Don’t let this slip through the cracks. Ignoring it could cost you in the long run. You need to know from where every penny is coming in, as well as everything that’s coming out.
So you think you’re cut out for the furniture refinishing business? If you could handle the knowledge in this article, we’re confident that you are.