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About Startup CostsThe startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.![]() Got an eye for assessing fix-it jobs? Help clients estimate the costs. Business OverviewCalling all handymen, carpenters, and improvement gurus. The time has never been better than now to start a construction estimating service, and the possibility to earn more than $100,000 per year is very real. Unlike a home inspection service that provides a detailed report on what is wrong with a home, property, or building, a construction estimating service provides a detailed report on what is wrong with a home, property, or building, a construction estimating service provides a detailed report on how to fix the problems and what the renovation or construction work will cost. The main market for this type of service is home buyers , who not only want to know what is wrong with a home, but also want to know how it can be corrected and what the costs involved will be. A secondary market is existing home and property owners who would like to have an initial cost analysis completed in regards to a home improvement or construction project to assess the value of the project. The main requirement for establishing and running this type of unique consulting service is to have a good understanding of all areas of construction industry and trades. Rates for a construction estimating service will greatly depend on the size and value of the potential project. However, charging a fee in the range of $50 per hour is certainly not out of line.
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