About Startup Costs
The 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.
Business At A Glance
Hide-a-Beds
Startup Costs: $10,000 - $50,000
About
Home Based: Can be operated from home.
Franchises Available? No
Online Operation? No
Provide customers a versatile, convertible piece of furniture that can help maximize their space.
Business Overview
In many urban areas of the country small apartments and condominiums are often the only affordable housing options for people living on a tight budget. These small residential living quarters always have one drawback: Where do overnight guests sleep? The solution: a pull-down hide-a-bed. Starting a hide-a-bed manufacturing business will enable you to capitalize on the ever-increasing consumer demand for this functional furniture product. The beds can be sold directly to consumers by placing product advertisements in local newspapers and the yellow pages, as well as constructing a hide-a-bed display, which can be setup at furniture and home and garden trade shows to generate sales leads. A potentially huge market for this product that must not be overlooked, is new homebuilders, architects, and property development companies. Securing contracts, not only to manufacture the beds for these clients, but also to install the product, can put you on the path to future financial freedom and security.
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About Startup Costs
The 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.
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About costs
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