As the choices in electronic equipment continue to grow, so does the average person's home-entertainment system. For entrepreneurs with technical expertise, the good news is that many consumers are glad to pay someone to install a home-entertainment center and teach them how to operate their new stereos, televisions and videocassette recorders.
To succeed in the home-entertainment installation business, you need to have all the answers. Knowledge of audio and video hardware and how they interface and connect is a must. You should also keep current on new trends and technology. Making systems user-friendly is important, as is teaching customers how to use their new equipment.
You'll need $3,000 to $5,000 to stock several high-quality toolboxes with drills, saws, staple guns, cabling, wiring and connectors, interface equipment and test equipment. You'll also need contractors' liability insurance and a contractor's license to do low-voltage work.
You can expect to earn $25 to $60 per hour to start; most jobs will take you a minimum of four hours. Find business by getting referrals from retailers, architects, interior designers and builders.