How to Start a Successful Fencing Business
Any fencing business has the potential to be great and generate a lot of revenue. If you’re looking to start a business, there are some things to keep in mind so that you do this the right way and get the income you’re looking for over time. There are more than 330,850 fence installers working in the United States. This means that there is a demand for some useful business tips to make that dream a reality.
4 Tips to Launching a Fencing Business
1. Get Your Business License
One of the first things you’ll need to do when starting a fence business is to get licensed. You’ll need to file your business license with the city or county that you plan to work in. Also, you’ll need to file your business license with the state. When this happens, go ahead and get your tax ID number so that you can legally file taxes with your business.
2. Develop Relationships With Vendors
As a fence contractor, you’ll need to create a relationship with vendors who have materials for different types of fences. Reach out to these groups of wholesale companies where you can get sheets or rolls of fencing, and be able to offer your clients a variety of options. You can start with local home improvement stores while you’re building your business, but you’ll want to look into more long-term relationships once you get started.
3. Market Your Business Online
Take advantage of free business profiles on different social media accounts. You can make sure to add your business to several different platforms so that you get the largest reach for your audience. Make sure that you’re looking into updating your profiles regularly, as customers will want to see reviews of your work, posts for hours, specials, and anything else you have going on.
For the platforms that offer reels and videos, you can upload videos of you doing the actual work and having it included in the post. Customers will also be able to use this opportunity to leave reviews so that your potential clients can see how well you do work and what they can expect from you when they reach out with a request.
In the first half of 2019 alone, researchers believe that data breaches exposed over 4 billion records. Make sure you’re protecting your information and your website. You’ll want to use electronics and networks that protect your data and your customer’s data when using it.
4. Get Commercial Insurance Coverage
Any business that does contract work should be prepared to have commercial insurance included. Two types of this insurance are required, so you’ll need to make sure you’re maintaining compliance as a business owner. First, you’ll need commercial auto insurance on any vehicle that you use for business. This will protect any employee who’s driving the vehicle and needs to have full coverage in case they cause an accident.
The other type of insurance that’s required is the worker’s compensation coverage that you’ll need to have on your employees if they are hurt while on the job. Other parts of the policy aren’t required, but they are highly suggested, as some of your customers will want you to have this liability coverage and protection in case of damage to their property.
Conclusion
If you’re ready to start a fencing business, now is the time, and you need to make sure you take advantage of these tips. They are able to help you get your business built up substantially, and you can continue to grow it as you get more business. Make sure you keep up with your license being renewed when necessary, and your social media pages so that your customers know that you’re active and out in the community.
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