Thinking about opening a lumber treating and drying business? We tell you what you need to know to get started.
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Best Practices for Writing a Lumber Treating & Drying Company Business Plan
Many new lumber treating and drying business owners feel unprepared for the challenge of writing a business plan.
The good news is that business plan help may be closer than you think. These days, there are tons of great resources and solutions available to support the business plan writing process.
If you're feeling overwhelmed, take a look at Gaebler's Business Plan Help section for a list of business plan writing resources.
Take a Look at the Competition
Before you open a lumber treating and drying business in your area, it's essential to see how many competitors you have. Try our link below to get a list of local competitors nearby. After clicking on the link, type in your city, state and zip code to get a list of lumber treating and drying businesses near you.
How tough is the competition in the market you are considering? If the competition is too tough, you may need to think about starting the business in a different area or even start a completely different business instead.
Studying the Market
As part of your due diligence on opening a lumber treating and drying business, it's a smart move to talk to somebody who is already in the business. If you think your local competitors will give you advice, you're being overoptimistic. The last thing they want to do is help you to be a better competitor.
However, an entrepreneur who owns a lumber treating and drying business in another town will be much more likely to talk with you, given that you don't compete with them in their area. Indeed, many experienced entrepreneurs enjoy offering advice to startup entrepreneurs. If you are persistent, you can find a business mentor who is willing to help you out.
Where can an aspiring entrepreneur like you find an owner of a lumber treating and drying business that lives outside of your area?
No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.
Pros & Cons of Buying a Lumber Treating & Drying Business
An acquisition can be a great way to enter lumber treating and drying business ownership. But it's important to evaluate the benefits and drawbacks of buying a business before you decide on either an acquisition or startup approach.
BENEFITS: Acquired lumber treating and drying businesses should be profitable right out of the gate; they should also be capable of demonstrating a loyal customer base, brand identity and operational efficiencies.
CONs: On the downside, lumber treating and drying business acquisitions can be difficult to adapt to your unique business philosophy so it's important to make sure the business is capable of achieving your ownership goals before you initiate the buying process.
Purchasing a franchise means you benefit from feedback and ideas that were developed by experienced entrepreneurs who know your industry inside and out.
If you are thinking about opening a lumber treating and drying business, a smart move is to determine whether franchising might be the right move for you.
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 starting a business may be of interest to you.
If you currently own a lumber treating and drying business, these resources will come in handy:
If you sell to lumber treating and drying 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.