About Startup Costs
The 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.
Business At A Glance
Fire and Flood Restoration
Startup Costs: $10,000 - $50,000
About
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
Sometimes bad things happen. You can help save the day with a fire and flood restoration business.
Business Overview
A small kitchen fire or a burst plumbing pipe can be common occurrences in the lives of homeowners. Starting a fire and flood restoration service means that you may soon be able to assist these homeowners in repairing the damage that can be caused in these unfortunate circumstances. The main duty of a fire and flood restoration service is to initially go to the job site and carry out immediate, or sometimes temporary measures, to limit any further damage to the home. These measures can include boarding up broken windows, covering roofs that have been damaged, and removing water that may have accumulated inside the buildings. The secondary duties can include repairing the damage or hiring subcontractors to repair the damage. The largest requirement in successfully establishing a restoration service is to build contacts with insurance companies and brokers, as insurance companies and brokers will authorize the repair work in 90 percent or more of all fire and flood restoration situations.