Business At A Glance
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No
A demolition service is a fantastic businessventure to set in motion–not the traditional large-scale demolitionservice, but a small demolition service that specializes in residentialand commercial renovation projects. What makes this a great businessopportunity is simple:
Contractors and renovation companies typicallywill carry out the demolition needed to get started on the rebuildingprocess involved with a renovation. The problem, however, is the factthat these companies are often forced to pay overqualified carpenters’huge salaries for doing the demolition work that could be completed bylaborers receiving a much lower hourly rate. The results often meanless revenues and profits for the contractor. Herein lies the businessopportunity: Forming a crew of construction laborers and subcontractingfor renovation companies and contractors for the demolition work hasthe potential to pay off big. Be sure to acquire workers’ compensationinsurance for employees and general liability insurance to safe guardagainst the costs of potential accidents.