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Home Inspection Business Plan & How To Become a Home InspectorHome Inspection Business status during 1993 update - In four months of working seven days a week ten hours a day I ONLY LOST $3,654.33. Lets see four months is 120 days x 10 hours a day = 1200 hours therefore I was only loosing $ 3.00 per hour. Minimum wage would have been a huge boost to my personal income! By 1994 I found the first month brought in 8 home inspections, the second month 22, third month 38, fourth month 38, fifth month 56, sixth month 49, seventh month 38 and so on to total 420 home inspections during my first full year in business. A remarkable feat for a new home inspection business. I truly was impressed with myself. A few months earlier I was trying to figure out how to become a home inspector and how to start a home inspection business and here I was actually doing it. I had actually gone from no business to running a home inspection business. I was so busy doing inspections and still begging for work I did not have time to realize I was still working 10 hours a day for just about 360 days in a row and I managed to earn just shy of $36,000. Lets see 10 hours a day x 360 days = 3,600 hours I earned $10 per hour. How could that be? I thought I was doing everything I was told. I kept my prices low. I begged for work from every realtor I could find. I spent just about $16,000 on advertising or 15% of what I took in. I worked day and night. I still was earning less running a home inspection business than I would have earned had I gotten overtime at a minimum wage job. Yet at the same time I was starting to find out what it meant to get home inspection claims from home buyers. I found out how demoralizing home inspection claims were and how expensive they were to the home inspection business. And at the same time found out if a deal did not go through there was no reason at all to ever ask that unethical realtor or even that entire office for a referral ever again, because I was not welcome there. Yes, all that begging for work ... all of it gone because I knew if I got a claim I would be out of business - all because I told a client the truth. Did anyone bother to tell me that is the way the home inspection business works if you get referals through less than honerable realtors? NO! Did my home inspection business plan initially reflect the continued costs of accuiring new referal sources each time one dropped off? NO! Home Inspector Job, home inspection jobs, how to become a home inspector, how to find a job as a home inspector Home Inspection Business Plan Part I Home Inspection Business Plan Part II Home Inspection Business Plan Plan Home Inspection Business Plan Part IV Home Inspection Business Plan Part V
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