Are you looking to start a roofing business? here is a complete guide to starting a roofing business with no money or experience .
Ok, so we’ve provided you with a detailed example of a roofing company business plan template. We also took it a step further by analyzing and writing a sample roofing business marketing plan backed by actionable guerrilla marketing ideas for roofing businesses. In this article, we will cover all the requirements for starting a roofing business. So put on your entrepreneur hat and let’s move on.
Why open a roofing business?
It’s one thing to work in a profession you enjoy, and quite another to completely transform that profession into a profitable business that supports you, your family and your employees. Starting a roofing business is one way to turn your hobby into a business.
If you are considering starting a roofing business, you should understand that starting a profitable roofing business is about more than finding a leak or replacing a roof. Building a successful roofing business requires first hand organization, knowledge, patience, persistence, people skills, and a number of other qualities.
You have to keep in mind that the bigger your roofing business, the more creative you have to be as a business owner because the liability will be higher. It is true that dreaming about a big crime is not a crime, but if you are a new business owner, we recommend that you start small and work your way up the ranks. The capital and equipment required to start a roofing business will vary depending on the type of roofing you offer.
Starting a roofing business involves many of the same procedures as any business, but your legal licensing requirements are required by your state roofing contract.
Complete Roofing Company Training Guide
- Industry overview
A roof is simply considered the top structure of a building that is designed to protect against heat, cold, rain, and other environmental elements. Asphalt shingles, wood, shingles, slate, and metals are common roofing materials that are commonly used in most structures. The analysis showed that urban sprawl caused by rural-to-urban migration and the resulting pressure on housing infrastructure is driving demand in the roofing industry.
If you look around you can witness the fact that more and more cities are being created to accommodate a growing population. It is predicted that by 2050, around 7 in 10 people in the world will live in cities. In addition, the industry should benefit from technological innovations aimed at improving the energy efficiency and ecological performance of roofing materials around the world.
The global roofing market is expected to reach US $ 90 billion by 2021, driven by rapid urbanization and a growing focus on energy efficient construction. Rising living standards, especially in developing countries, are the driving force behind building renovation projects and require the replacement of old roofs with new and better roofing solutions.
The analysis has shown that all of these factors bode well for the growth of the market in the medium term. Additionally, as the world strives for sustainability, green building certificates are driving the need for sustainable roofs, given that the construction industry accounts for around 40% of total energy consumption globally.
Rising air pollution Loss of biodiversity and the effect of urban heat islands are forcing governments around the world to invest a lot of energy in green roofs to stop environmental degradation. Green roofs have been proven to reduce solar heat absorption, remove air pollutants, and provide superior sound insulation.
Launch of a feasibility study for a roofing market
- Demography and psychography
Most entrepreneurs, due to risk and necessity, tend to start a business part-time without quitting their jobs. This is perfectly achievable with a roofing company because you can start small and work outside the house. Knowing the facts and trends in the industry is a critical part of being successful in this business.
You don’t have to be a professional to know what’s selling, or even be successful in it; if you have the skills and a little business acumen, you are good to go. Households of all socioeconomic groups in the United States will need the services of a roofing company at least once.
It is important to note that the industry’s income is distributed according to the population of the region. Many people tend to use the roofing companies closest to them for the sake of convenience. Therefore, keep in mind that when an area is underserved, more and more companies move there to establish themselves in the market.
List of niche ideas in the roofing industry
- Repair / installation of flat roofs
- Oil shale repair / installation
- Tile repair / installation
- Copper technology specialist
- Installation of slate / synthetic tiles
- Asphalt pavement repair / installation
- Repair / installation of wooden shakes
- Repair / installation of metal roofs
- Roof cleaning
- Installing Snow Guard
- Leak repair specialist
- Chimney repair / installation
- Specialist in downpipes
The level of competition in the roofing sector
As you already know, one of the important things to do In a new house, while construction is still in progress, there is a roof. The roof of the house is very important because without it the house in question becomes useless and prone to many breakdowns.
Roofs of houses are very important because they protect residents from many environmental hazards. The sun, the rain, among others, are some of the environmental dangers that a roof protects. No house is considered complete without a roof. But keep in mind that you are not the only one who sees how necessary this industry is. This suggests that the industry is competitive, but not saturated.
When you start this business, you need to know who your competition is. The importance of this information is such that you can know their strengths and weaknesses. Having this unique information can help you build a profitable business in a short period of time.
List of famous brands in the roofing industry
There, large roofing companies are scattered across the country. These companies have come a long way and have paid their dues, ensuring they maintain their leadership position over the years. Here are some well-known roofing companies you should know about:
- CentiMark Corporation
- Tecta America Corporation
- Baker Roofing Company
- North American Roofing Services Inc.
Nations Roof LLC
- Roof / roof capable
- Roofing and sheet metal work Kalkreuth
- Beldon Group of Companies
- American Dream Home Improvement Inc.
- Roofing and construction Saratoga
- Aspen Contracting Inc.
- Roof Simon
- Toiture Advance Inc.
The roofing contractor industry is heavily dependent on construction demand in the residential and non-residential markets, which has been growing for the past five years. With a definite increase in profits, companies in the industry have increased their workload to meet the growing demand for housing reconstruction, resulting in an increase in the number of employees and operators.
Just as we highlighted in the industry overview above, the industry expects solid revenue growth over the next five years, based on increased investment in residential and commercial construction. . We also believe that higher home values and higher disposable income per capita will also increase consumer spending on renovations.
The analysis also shows that this lucrative industry has a low level of market concentration, with the four largest companies accounting for less than 5.0% of the industry’s total revenue. The two largest companies in the industry, CentiMark Corporation and Tecta America Corporation, have a market share of less than 2.0%. Almost three quarters of the companies in the sector are not employers and among those with workers, 78.5% have less than 10 employees.
We believe the industry has become more fragmented over the past five years. This is due to the fact that the growth of construction activity brings a large number of inactive and individual workers; The number of businesses is expected to grow at an annual rate of 2.4% over the five years to 2021 to reach 205,712.
Build your roofing business from scratch or buy a franchise
Buying a franchise from a roofing company gives you a great opportunity to turn your creative talent into a profitable business – more than you can achieve if you start on your own, but we believe if you combine creativity and entrepreneurship, starting a roofing business is the best decision you can make.
Remember that there are plenty of franchise opportunities out there, with proper research and attention. will find the one that suits you. It is important that you know that buying a franchise requires a significant investment. Upfront costs can range from a thousand to several hundred thousand dollars, and many people find the investment worth it. The right franchise in this industry will provide you with brand awareness which can be very difficult to achieve on your own as a home business.
Please note that the decision to opt for the franchise has its advantages. Franchising certainly gives you a turnkey system to work with that reduces the need for costly trial and error. If you don’t have any business management experience, a franchise can provide you with not only the supplies you need to get started, but also the training you need to run the business when the franchise ends.
Threats and possible tasks associated with setting up a roofing business
We would be lying to you if we didn’t say that the roofing industry is exceptionally diverse, bringing together a wide range of entrepreneurs, skills and jobs. Indeed, some roofers are eager to offer all kinds of roofing styles, but most roofing contractors are hobbyists interested in turning your passion into a full-time career opportunity. Here are some of the first problems with starting a roofing business:
- Bad attitude
- Have a hobby mentality
- Improve business skills
- Promotion of your business
- Understand your responsibilities as a business owner
- Fear of getting help from a specialist
Creation of a legal aspect for a roofing company
- Best Legal Entity for a Roofing Company
You have two legal entities trying to create a sole proprietorship of a hedging company and an LLC. The sole proprietorship, as the name suggests, is a sole proprietorship. Indeed, this structure is used by three quarters of all businesses, and it ensures that the owner has absolute control over the business and has the simplest initial setup. Whereas a limited liability company or LLC is often formed for partnerships when the business has grown significantly. The advantage of an LLC is that it has more growth opportunities and tax benefits.
Many entrepreneurs will choose to start an LLC over a sole proprietorship due to liability issues, but it takes money to prepare items. You have to keep in mind that the payment options have to be considered, there has to be an accounting system, and they all require extra money and therefore go into your seed capital.
Eye-catching business name ideas for a roofing company
One aspect that you need to consider before starting your own roofing business is the appearance of the name. You should try to choose a name that is appealing. Here are some examples of names you can work with:
- Kings Roof
- American construction
- Roofing Salem
- Repair of advanced roofing solutions
- Roof overhaul
- Capital Roofing Corporation
- Solar summer roof
- American Eagle Exteriors LLC
- Roof family
- Bellaire Roofing Co.
- Apple Roofing Co Inc.
- Roof of the peoples
- Star Roofing LLC
- Fox Roofing LLC
- Toiture Lunaire Inc.
- Extreme Roofing LLC
- Forever Shingle Roofing Company
- Hope Roofing Company Inc.
- Roofing for beginners in landscaping
- Five star roof
- Unique design
- Freetown Roofing LLC
- Grand Roofing Waterproofing Co.
- New roof
- Hallmark Roofing
- Roof gutter patch
- Home solutions
- Innovation Construction Co.
- Beverly Roofing Co.
- North Diversified Inc.
- Southern Roofing S Services Inc.
- Kirk’s remodeling
- Roofing a new face
- Single roof
- Union roof
Insurance comes in a variety of forms and the exact coverage you need will depend on the nature of your business, whether you hire staff or contractors and work year round. Always remember that your business is unique and the combination of insurance that makes up your insurance policy is designed to protect your life and your business. Roofer insurance is a daunting task, and it’s important that an experienced agent can help you make the right choice for your business. Here are some of the policies you might need.
- Business owner policy
- General liability insurance
- Professional liability
- Workers’ compensation insurance
- Commercial vehicle policy
- Product Liability Insurance
- Accessories tools and equipment
- Inland marine insurance
Protection of intellectual property
Indeed, creating a product is hard work with learning, experience and creativity in mind. After trying so hard to bring your ideas to life, it is boring to find out that your ideas, roofing secrets, or promotional materials have been stolen. It is desirable that you have a good understanding of the industry and that you understand how to protect your trademark and patents, it is advisable to have a lawyer to guide you through this stage of building your business.
Do you need professional certification to run a roofing business?
Getting certified is a good way to prove to your clients that you have experience and knowledge in your field, or rather what you do. Certification training and education will undoubtedly make you more confident and professional in your job, and having a certification can make you more attractive to potential clients. There are no national certification programs for this industry, as each state sets its own guidelines and uses its own certification programs, but many requirements are similar from state to state.
List of legal documents required for a roofing company
Similar to insurance, the permits and licenses required for a roofing business vary by city and state. The reason or purpose of these licenses and permits is to enable you to legally conduct and conduct your business in the United States. It is advisable to obtain local work permits from your city or town hall.
They may also require you to obtain zoning, planning, and security audit permits for specific areas. Then, to get a government contract license you will need to apply more than once depending on the type of work you plan to do. You should also be aware that requirements and regulations vary by region.
Finance your roofing business
The amount of capital required depends on the business model you plan to use and whether you are using contractors or employees. But it is advisable to start with a very weak listening; Most roofing business owners in the industry have resorted to slow initial growth. Be patient and let your equipment pay for itself before you buy more. The same goes for the recruitment process; learn to hire slowly and fire fast. Financing options for your roofing business may include:
- personal savings
- credit card warnings
- Family and friends
Choosing the right location for your roofing business
Getting a suitable location in this business is very important for the success of your business, but it can be quite difficult as one of the challenges in starting a successful business is getting a good business website. In order for you to find a place that will make you a formidable opponent to your competition, you need to consider the ideas listed below:
- Demography and psychography
- Good road network
- Let your location increase your brand awareness
Establishment of a roofing company Technical and personnel requirements
This is because in the very first step of starting this business, you need to be involved in all aspects of the business. You will need to manage sales, do office work, hire subcontractors, and hire employees. We recommend that you hire at least one or two key employees that you can come back with to install the roof, but if you hire subcontractors, you can use them as a production manager or quality control specialist for your business.
It all depends on how much work you’re going to be doing and how far you want to go. If this is a business that you hope to do part-time, you can do most of it yourself and then quit the job as you go. But if it’s a full-time job, we recommend that you hire at least one on your home team that you can use for cross-training, roofing, siding and windows.
You will also need to purchase protective gear, including self-tightening straps, roof fall protection, first aid kits, gas cans, seat belts, earplugs, helmets and helmets. gasoline cans. You will also need to purchase the equipment and supplies needed for the repair. Items such as hammers, ladders, caulking guns, forklifts, and brackets are examples of some of the consumables you will need.
You should also consider purchasing blowers, foam roofing paint, and spray systems. Also keep in mind that once you have all of your supplies you will need a truck and a trailer, but buying a trailer is actually an extra step in your business, even if it is. ‘it will be easier for you to move your equipment from one place to another. Winch bars, conveyors, and loading belts are some of the materials you will need for your truck.
Service process associated with a roofing company
You need to understand that roofing goes far beyond just nailing the shingles. In our modern world, roofing is largely the use of advanced material technologies and an integrated systematic approach to protecting people’s homes and structures.
Keep in mind that installing a new tiled roof is a huge undertaking, so understanding the entire roofing process from start to finish is very important. The roofing process is described below:
- Roofing materials and waste bin are delivered the day before installation
- You and your team attend a pre-work meeting to assess the work order and all the details of the work
- You and your team have arrived and match the materials and color to the work order
- You and your team remove old roofing material in stages to avoid leaving large areas unprotected
- The tray is checked and replaced if necessary.
- The sub-roof is installed on the prepared decking.
- Then the tiles are installed with the correct number and placement of fasteners.
- All roof openings must be reflashed, sealed and painted
- Wall lights and ventilation have been replaced and improved to improve performance as per the proposal
- When installing, only suitable scaffolding will be used (no tread board will penetrate the new cobble surface)
- You and your team will clean up the job using magnets, rakes and blowers
- The waste container should be removed shortly after the roof is finished.
Building a Roofing Business Marketing Plan
- Roofing Company Marketing Strategies
It is important that you rely on more than your skills to ensure a constant flow of new business in order to maximize profits; If your business still works with construction project managers, it is advisable to put your marketing strategies online and forge long-term relationships. When looking for residential home roofing work, you should use a variety of plans to help get homeowners’ attention to your business.
- Search for unique characteristics
To discover and understand the best marketing message, start by letting people know that your business is different from your competition, which may include providing free fixes after a roof replacement. Keep in mind that when you are in the residential rather than commercial roofing business, you need to go after residential customers and tell them that they are your specialty.
- Know your target audience
Knowing who your customers are will help you focus your efforts on the specific segment of the market that needs roofing services. Without the right information, you could be spending thousands of dollars marketing for a large group of people who have little need of your services, while you could spend much less and target owners or managers of commercial buildings who , according to you, need new roofs.
- Effective use of effective strategies
When working with construction project managers, it’s a good idea to check them regularly to find out about upcoming projects so you can enter your rate. We recommend that you advertise your roofing services by placing an ad in a coupon package that will be sent to residents in a specific zip code. You should also consider distributing or sending flyers to areas where you have just completed bloody work to get leads.
- Use internet marketing
It is advisable to consider creating a website that demonstrates your creativity and authority. It is also advisable to include testimonials, before and after photographs of roofing projects, and details of the roofing products you use. Also try to use search engine optimization on your site to help your site rise in the rankings when someone searches for roofing services. We also suggest that you open a page on a social network.
Strategies to increase brand awareness and create a corporate identity for your roofing business
Having a Well-Known Roofing Company A brand is something that all companies in the industry aspire to, but it is not something that you can learn from rivers, it can only be achieved through your hard work and to your creativity. We encourage you to suggest interesting approaches or tips and you can find your way through blogs, TV news and radio shows, newspapers and magazines. Items that can be used to increase your brand awareness may include:
- Build a unique presence on Pinterest, Facebook and all other social networks
- Always celebrate your business problems and how you solve them
- share your stories on social networks
- Create Google Alerts for the types of products you sell, such as woodworking, knitting, stained glass, and more.
- Submit press releases and photos in the New Product sections of magazines.
- Go to the National Public Radio website for programs that might invite you as a guest.
- Offer to write a guest blog for bloggers whose audience is in your target market.