Thinking about opening a bulletproof glass business? We tell you what you need to know to get started.
(article continues below)
Best Practices: Business Plans for Bulletproof Glass Businesses
A great business plan will lay a strong foundation for growth in your startup bulletproof glass business.
The most effective bulletproof glass company business plans include a comprehensive chapter on finances. Not surprisingly, lenders immediately turn to the financial section and use the accuracy of your forecasts to gauge the value of other parts of the plan.
As a result, we strongly recommend educating yourself in business plan financial basics before finalizing your business plan's financial chapter.
Investigate the Competition
Long before you open a bulletproof glass business in your town, it's worthwhile to find out how strong the competition is. Use the link below to generate a list of competitors in your city. After clicking on the link, type in your city, state and zip code to get a list of bulletproof glass businesses near you.
Is the local market large enough to support another bulletproof glass 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 bulletproof glass business it's a wise move 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.
On the other hand, an individual who has a bulletproof glass business in another town will be much more likely to talk with you, after they realize you reside far away from them and won't be stealing their local customers. In fact, they are often very willing to share startup advice with you. In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.
How do you find somebody who runs a bulletproof glass business that lives outside of your area?
We can help. Follow the link below, try a few city/state combos or zipcodes, and then start calling!
Financial Benefits of Buying a Bulletproof Glass Business
You've invested a lot of time and effort in planning your startup. But here's something you probably don't know: Startup bulletproof glass businesses consistently fail to achieve the financial performance of acquired bulletproof glass businesses.
One of the ways to mitigate the financial risk of a startup is to modify your approach to tap into the financial benefits of buying an existing bulletproof glass business. Established bulletproof glass businesses have reliable revenue streams and loyal customer bases – both of which will shape your company's financial landscape.
An acquired business also has documented assets and earnings - a big advantage with lenders and investors.
Consider Buying a Franchise
The chances of growing your business are greatly increased if you buy a franchise rather than going it alone.
Before opening a bulletproof glass business, you should investigate whether buying a franchise could help you avoid common entrepreneurial mistakes.
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 bulletproof glass business, these resources will come in handy:
If you came here to learn about selling to bulletproof glass 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.