Business Startup Ideas

Opening a Roofing Shingles Business

Here's some helpful information that is perfect for aspiring entrepreneurs who are thinking about starting a roofing shingles business. Make sure you consider this advice before you start!

Thinking about opening a roofing shingles business? We tell you what you need to know to get started.

Creating a Business Plan for a Roofing Shingles Business

One of the worst mistakes you can make as a small business owner is to not create business plan for your startup roofing shingles business.

A good business plan defines the game plan. The absence of an effective business plan inevitably results in impulsive leadership, choosing short-term opportunities at the expense of long-term benefits.

The first step in creating a business plan is to develop a mission statement for your organization. Once you're satisfied with your roofing shingles business's mission, the other piece of the business plan puzzle will begin to fall in place.

Look Over the Competition

Before you open a roofing shingles business in your town, it's worthwhile to determine how you will fit in the competitive landscape. Use the link below to get a list of local competitors in your city. Just enter your city, state and zip code to get a list of roofing shingles businesses in your community.

Is the local market large enough to support another roofing shingles business? If not, you had better be sure that you are doing things much better than the competition.

Talk to People Who Are Already in the Business

If you want to open a roofing shingles business it's a wise move to talk to somebody who is already in the business. Local competitors are not going to give you the time of day, mind you. Why would they want to educate a future competitor?

However, an entrepreneur who owns a roofing shingles business outside of your community will be much more likely to talk with you, given that you don't compete with them in their area. In fact, they are often very willing to share startup advice with you. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.

How does one quickly and easily locate a roofing shingles business entrepreneur in another community?

Simple. Let your fingers do the walking by using the link below.

Advantages of a Roofing Shingles Business Purchase

On a percentage basis, more entrepreneurs intend to enter roofing shingles business ownership through a startup than through a business purchase. Yet roofing shingles business startups aren't easy - many fail within the first year.

So it makes sense that the idea of buying vs. starting a business should be carefully evaluated before you commit to an ownership strategy. By buying a profitable roofing shingles business, you'll shorten the amount of time it takes to achieve a return on your investment because you'll have the advantage of a proven operation and an existing customer base.

Don't Rule Out Franchising

Your chances of achieving the entrepreneurial goal of becoming a successful entrepreneur are higher when you opt to franchise rather than going it alone.

Before starting a roofing shingles business, it's worthwhile to assess whether franchise opportunities in your space might simplify your entering the business.

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.

Other Useful Articles for Startup Entrepreneurs

These additional resources regarding starting a business may be of interest to you.

How to Find Angel Investors

Recurring Revenue Business Models

LLC Advantages

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary