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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.![]() High-tech skylights bring a glow into your home. Aren't you glad we shed some light on this business idea? Business OverviewThe old plastic bubble style skylights are out, and demand is booming for the new high-tech skylights that are now available. Some skylights not only open and close with the push of a button, they also have sensors that will automatically close the skylight if it begins to rain. Some have additional features like smart heat reflective glass, custom shades, and availability in a multitude of shapes and sizes. I talked to one skylight installation company, aptly called 'Skylights Only.' The owner told me that demand was so great for skylight installations, his company was booked for the next six months straight, and demand showed no signs of slowing down. This business opportunity gets four out of four stars, as not only is there high demand, but the entire venture can be set in motion for less than $5,000. Once again, the income and profit potential will vary. However, skylights have a good gross profit margin, and installation rates average in the range of $35 to $50 per hour. Combined income and profits for a business that sells and installs skylights could easily reach $100,000 per year or more.Related Business IdeasRelated ArticlesHow to Freelance Your ExpertiseIf you're tired of being on the employee treadmill, now may be the best time to consider freelancing your hard-earned skills. Start a Service Business Everyone has skills, knowledge and experience--and anyone can turn those assets into a thriving business.
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