 |
|
 |
Home Inspection Business Plan & How To Become a Home InspectorDid I look at my home inspection business plan? Hell no! I thought I could just work harder. Did working harder help? Sure I got my income up to $13.00 an hour, not quite double minimum wage. Then one night I remembered how I had spent weeks creating a home inspection business plan when I started out. Where was it? So I dug it out and started looking at how rosy of a picture I drew. Did I take into account my advertising costs would rise every year rather than fall? NO! Did my home inspection business plan take into account each and every category of cost would go up every year. NO! What could I do? I spent more on ads and work harder, much harder. I kept at it till I finally got the quantity of home inspections I did up all alone was past 600 a year and I still was not making a living because I was keeping my prices low so I would not loose any of those precious home inspections I was working so hard to obtain. Something had to give. Finally I figured out what the problem was. I was not charging enough money. If I raised prices $50 per inspection and did 600 inspections I would make an additional $30,000. If I did not raise prices I could not do any more inspections anyway. In order to assist new inspectors I have posted two Excel files (yes, the dollar amounts are out of date). Home Inspection Business Money and Home Inspection Business Time One spread sheet provides you with different ways to allocate out your time and to see the impact those changing time allocations have on your home inspection business. The other allows you to see the impact of raising fees, changing expenditures and the end result on your bottom line. Feel free to play with the numbers to try and make a profit. The numbers are out of date, update them and make them your own. Keep in mind when I started my home inspection business there were less home inspectors and no home inspector licenses. Home Inspection Business in New Jersey provides the math for you to clearly see what your prospects are. In New Jersey a new inspector would be lucky to get 60 inspections his first year considering how much competition there is. By now you have read all three pages of information and probably not realized you have not read one single word about actually learning to inspect a house. Home Inspection Business Plan Part I Home Inspection Business Plan Part II Home Inspection Business Plan Part III Home Inspection Business Plan Part IV Home Inspection Business Plan Part V
|
