Business Idea Center:
|
||
About Startup CostsThe startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.![]() Put your woodworking skills to good (detailed) use with a wood molding business. Business OverviewOne of the most popular and least expensive ways to upgrade a home's interior appearance is to install new wood trims and moldings. Starting a business that manufactures custom wood moldings with standard profiles, as well as made-to-order wood moldings, is a terrific business start-up for the skilled and well-equipped carpenter to initiate. Customers can include home renovation and construction companies or sell the moldings on a wholesale basis to local home improvement centers. Additionally, to capitalize on the heritage home renovation market, antique replica wood moldings can be manufactured from recycled wood and sold directly to do-it-yourself homeowners via product advertisements placed in newspapers and related trade magazines. To gain additional revenues and profits for the business, a wood molding installation service can also be offered to clients. Potential profits for a moldings manufacturing business will vary based on a number of factors, such as sales volumes, overheads, and product markup. However, a well-established wood molding manufacturing business can easily generate profits in excess of $100,000 per year for the business owner.Related Business IdeasRelated ArticlesHow to Freelance Your ExpertiseIf you're tired of being on the employee treadmill, now may be the best time to consider freelancing your hard-earned skills.
Looking For More?Entrepreneur's SmallBizBooks.comGet complete step-by-step guides to starting over 50 businesses at Entrepreneur's SmallBizBooks.com. |
Start Your Business Now!
Entrepreneur's SmallBizBooks.com
Find over 50 business how-to guides at Entrepreneur's SmallBizBooks.com. Your Guide to Success |
|



Print





Entrepreneur's SmallBizBooks.com
Entrepreneur Magazine