#epoxy #businessideas #startup #entrepreneur
Looking to learn how to start an epoxy flooring business? Before so, listen to this:

Can you afford the start up costs? You will need:
- Work Vehicle, Van, or truck
- Grinders
- Shop Vacuums
- Mixing Equipment
- Rollers
- Spiked Shoes and More!
All in, I would conservatively say you will need $20K-$25K in start up costs.

Think of all the ways it WON'T work, then create strategies around minimizing their possibilities.
- You don't get enough jobs. You need to create a sales and marketing strategy. Reach out to general contractors, create a website, facebook page, google page, etc.
- You work isn't high quality. You need to go take a course, shadow an expert, do something so you can provide great work.
- You lose jobs because you don't have time to perform them. You need to know how to balance your calendar and your capacity
- Money and Equipment Problems. You have bad pricing on jobs so either don't make enough money or your pricing is too high. You also could run out of money which puts you out of business.

Demand and Opportunity Analysis:
- Is there a need in your community/city?
- Are there too many epoxy flooring contractors?
- Are you in a nice part of town which has money to improve their garage?
- Is there commercial work?
- Are you near a bigger city?

Legal Up: Create an LLC, buy insurance, enforce a client contract.

How to make $37K a month or $444K a year.
- An average garage epoxy floor costs around $2K - $3K (Average $2.5K)
- To make $37K a month, you will need 14.8 jobs (15) a month.
- That is 3.75 jobs a week!
At a 50% profit margin, that puts you at $18,500 profit per month and $222K profit per year.