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Small business questions

Posted on 3/9/14 at 9:05 am
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16303 posts
Posted on 3/9/14 at 9:05 am
I recently took a pay cut to move to a more desirable job. I was trying to think of ways to make up some of that money.

1. Pressure washing driveways and houses. Anyone ever done this as a side business? I have the washer but not sure about how to charge.

2. Be a food distributor. There is food product from Louisiana that I can't find in DFW. I would like too sell the product through nearby grocery stores to start, then have my own place later on.

I'm thinking I need to a setup an LLC first. Any other tips would be appreciated. TIA.
Posted by cajuntiger26
Member since Jan 2013
338 posts
Posted on 3/9/14 at 9:32 am to
www.lsbdc.org

I used to work here. Great place to start and ask questions and get free counseling. Depending on what city you live in there are multiple options for free consulting.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35473 posts
Posted on 3/9/14 at 9:33 am to
quote:

1. Pressure washing driveways and houses. Anyone ever done this as a side business? I have the washer but not sure about how to charge.


What is your time worth? Get some friends to have jobs bid to find out what the competition charges.

quote:

2. Be a food distributor. There is food product from Louisiana that I can't find in DFW. I would like too sell the product through nearby grocery stores to start, then have my own place later on.


GFL with that one. Honestly.
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16303 posts
Posted on 3/9/14 at 9:34 am to
Thx. But I live in Texas.
Posted by webman
LC
Member since Apr 2006
651 posts
Posted on 3/9/14 at 10:03 am to
Build a website, sell online or Amazon, eBay and Etsy.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 3/9/14 at 10:28 am to
quote:

There is food product from Louisiana that I can't find in DFW


If you can't find it in DFW then chances are it's because there's no demand for it. If it's really that good you can drum up demand if you spend lots of time doing cooking shows and such but if you currently have a day job you don't have time for that.
Posted by cajuntiger26
Member since Jan 2013
338 posts
Posted on 3/9/14 at 10:54 am to
LINK

They have them in tx too.

Being a food distributor is big business. Even the small guys are pretty big. You need a lot of money to get into this business successfully.

Pressure washing etc is much easier obviously. Step 1. Get an LLC from Secretary of State website...around $75...don't let a CPA charge you $500.

And like said above...make some calls and see what other guys charge. Main question is what's your time worth? That's basically what you are going to charge in a business with minimal overhead.
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 3/9/14 at 12:43 pm to
I think standard for pressure washing is about $150 for a one time job. If you get them on a contract, monthly,quarterly, or whatever it would go down. You could even try car dealerships to rinse their cars off, esp in the spring with the pollen. Big supermarkets, downtown areas, and such are good areas to try to set up contracts. A guy I asked who did Super One charged like $400 to rinse the store off each time and does it like twice a month. He also charges a little extra to spray the buggies off, but no much. Now that I'm typing that I think it may actually be more he charged to rinse the building off.

Like someone else said just call or have someone call your competition to find out prices. Over time if you do good work you can slowly raise your prices. You will of course need liability insurance. You can probably get about $500,000 for as little as 30-40 bucks a month. Like most of the times of starting a business, its gonna suck the first year or 2 and there is always competition but don't screw yourself when you bid a price. There is a glass shop in my city that charges on average $50-60 less to install a windshield than me but I still take lots of their customers. Although you may have to bid kinda low your first couple years til your name gets out there.
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 3/9/14 at 12:50 pm to
quote:

Pressure washing etc is much easier obviously. Step 1. Get an LLC from Secretary of State website...around $75...don't let a CPA charge you $500.



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