How Do You Start A Wood Floor Refinishing Business?
Wood floor refinishing is big business and the demand for it typically falls into one of two categories: steady or booming. Classic hardwood floors are an expensive, beautiful home investment. If homeowners have quality hardwood flooring, they usually will have it refinished rather than replace it. That generates a demand for refinishing, either as a private business or as a subcontractor for a bigger contractor. All you have to do is market yourself properly to get the business. Get bonded. Surety bonds are a standard requirement in the construction industry, as they offer a third-party guarantee to the client or primary contractor. If you want to get jobs and earn enough money to justify buying all the expensive power tools you will need to operate a wood floor refinishing business, you will have to be a bonded operation. The cost will depend on local law. Buy your tools. Expect to pay the following: your two main power tools, the drum floor sander, will cost between $2,000 and $4,00
