Thinking about opening a granite dealers business? We tell you what you need to know to get started.
Granite Industry Overview for New Dealers
Granite is an exceptionally durable building material. Although it has never gone out of style, the demand for granite has seen steady increases over the past several decades as homeowners have demonstrated a preference for granite slabs in kitchen countertops and other interior construction applications.
However, countertops alone may not represent the only granite industry business opportunities for your new dealership. Granite dealers and distributors routinely source granite for tiles, monuments and exterior construction elements. Each of these categories represents a different trade sector, making it important for new granite dealers to know their trade and become familiar with multiple the granite needs of multiple industries.
After you have familiarized yourself with the scope of the industry and charted a course for your business, you'll need to begin to equip your startup to meet your customers' needs and expectations. Granite buyers in the current marketplace expect the ability to choose from a wide selection of slabs and to have their products customized to their job requirements.
Laying the Foundation for a Successful Granite Dealership or Distributorship
Successful granite dealers specialize in providing their customers with consistently high-grade granite products and service. Acting as the middleman between quarries and buyers (i.e. contractors, consumers or business customers), the best granite dealerships share several common characteristics:
- Supplier Relationships. Most granite dealers offer granite slabs from a variety of sources, some of which may be located outside of the U.S. As you develop relationships with suppliers, cost will certainly be a factor. But price shouldn't be your only consideration -- quality, dependability and reputation are just as important as affordable pricing.
- Industry Contacts. Networking must be a priority for new granite dealers. From the outset of your venture, you'll need to incorporate an aggressive networking campaign into your sales strategy as a way to forge personal connections with targeted granite buyers. At the same time, you'll need to network with granite suppliers through trade associations and trade shows to ensure the quality and reliability of your products.
- Inventory Control. Good granite dealers are inventory control specialists capable of weaving effective inventory management techniques into their operations. A solid inventory tracking software solution can give you instant access to your granite supply, providing 360º visibility to the slabs you have in stock.
Tips for Generating a Top Quality Granite Dealers Company Business Plan
There is no right way to write a granite dealers company business plan – but there are plenty of wrong ones. Despite the diversity that exists in business plan writing, there are several essential elements that good business plans simply must include.
Business plan software eliminates the guesswork, insulating your granite dealers business from the possibility of critical omissions. The best business plan solutions can be tailored by industry, incorporating highly relevant metrics into your granite dealers company's business plan.
Our list of business plan software packages offers a comprehensive guide to the best solutions on the market.
Prior to launching a granite dealers business within your community, it's a smart move to see how strong the competition is. Try our link below to find competitors in your city. Complete the form by entering your city, state and zip code to get a list of granite dealers businesses that are close by.
Prior to opening your doors for business, be sure you fully understand the competitive landscape and where your new business will fit in.
Turning Competitors Into Collaborators
If you want to open a granite dealers business you really ought to learn from folks who are already in business. Local competitors are not going to give you the time of day, mind you. It'd be crazy for them to teach you the business.
Fortunately, somebody who runs a granite dealers business in another town may be willing to share their entrepreneurial wisdom with you, after they realize you reside far away from them and won't be stealing their local customers. Many business owners are happy to give advice to new entrepreneurs If you are persistent, you can find a business mentor who is willing to help you out.
How does one quickly and easily locate a granite dealers business manager on the other side of the country to talk to?
No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.
Reasons to Pursue a Granite Dealers Business Acquisition
Many would-be granite dealers business owners are perplexed by those who encourage them to buy a business rather than starting one from scratch. But what's so great about a granite dealers business acquisition?
The availability of acquisition capital should be a major factor in your decision. Investors and lenders have it and you need it. Yet many are hesitant to fund startups, preferring instead to fund business purchases.
Although there are a lot of factors to consider, the decision to buy a business to get acquisition capital almost always pays off.
Don't Forget About Franchising As an Option
The probabilities on your being a successful business owner immediately improve when you opt to franchise rather than going it alone.
Prior to making the decision to open a granite dealers business, you should investigate whether buying a franchise could alleviate your startup process.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding getting started as an entrepreneur may be of interest to you.
If you currently own a granite dealers business, these resources will come in handy:
If you sell to granite dealers businesses, you're in the wrong place. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.