Fixing of wall papers
One of the most remarkable ways of making money from the construction-related business is to go into the fixing of wallpapers. Wallpapers are now produced in 3d format, and they usually change the outlook of an apartment once they are used. So, if you are looking for a profitable, thriving, simple, and cost-effective business to launch in the construction line of business, then one of your options is to start fixing wallpapers.
Fixing wallpaper is a great business if you will have a skillful team to do the necessary task. Several homeowners may buy their wallpapers but are often jinxed while putting them up. You can also collaborate with interior designing firms or persons or wallpaper stores in your area. To be more productive in your business, you should have a good number of contacts.
Executive Summary:
Our business, “Wallpaper Fixers,” will provide professional wallpaper installation and removal services to homeowners, businesses, and contractors in the local area. Our goal is to provide high-quality services that exceed customer expectations, while maintaining competitive pricing and timely project completion. With experienced professionals and a focus on customer satisfaction, we aim to establish a reputation as the go-to provider for all wallpaper installation and removal needs.
Business Description:
Wallpaper Fixers will operate as a full-service wallpaper installation and removal company. Our services will include on-site consultations to determine customer needs, wallpaper selection, installation, removal, and disposal. We will cater to a diverse customer base, including homeowners, businesses, and contractors, by offering customized solutions for each project. Our team of professionals will be trained and equipped with the latest tools and techniques to deliver quality workmanship and efficient project completion.
Market Analysis:
The wallpaper installation and removal industry is in high demand due to the increasing popularity of wallpaper as a decorative option for homes and businesses. According to a report by Grand View Research, the global wallpaper market size is expected to reach USD 8.4 billion by 2025. The growing trend towards home renovation and interior decoration is fueling the demand for professional wallpaper installation and removal services. Our business will aim to capture this market by providing high-quality, reliable services to our customers.
Marketing and Sales Strategy:
We will use various marketing channels to reach potential customers, including online advertising, social media marketing, and referrals from satisfied customers. We will also establish partnerships with local interior designers, contractors, and home renovation companies to generate leads and referrals. Our pricing strategy will be competitive, but also reflect the quality and value of our services. We will offer discounts and promotions to attract new customers and build customer loyalty.
Operations Plan:
Our business will operate with a team of experienced professionals who are trained in the latest wallpaper installation and removal techniques. We will use high-quality materials and tools to ensure the durability and longevity of our work. Our team will maintain a clean and organized work environment to minimize disruption to the customer’s home or business. We will maintain strong communication with our customers throughout the project to ensure their satisfaction.
Financial Plan:
Our financial plan will focus on maximizing revenue while minimizing expenses. We will invest in high-quality tools and equipment to improve efficiency and productivity. We will also maintain a lean organizational structure to keep labor costs low. Our revenue streams will include installation and removal services, as well as the sale of wallpaper and related products. We will set pricing based on market rates, but will also offer discounts and promotions to attract new customers.
Conclusion:
Wallpaper Fixers aims to establish itself as the leading provider of professional wallpaper installation and removal services in the local area. With a focus on customer satisfaction, quality workmanship, and competitive pricing, we believe we can achieve our goals and build a successful business. By investing in our team, tools, and marketing, we are confident that we can capture a significant share of the growing wallpaper installation and removal market.
Assuming the business starts operations in the current year, below is a projected income statement for Wallpaper Fixers for the next three years:
| Year 1 | Year 2 | Year 3 | |
| Revenues | $200,000 | $250,000 | $300,000 |
| Cost of Goods Sold | $60,000 | $75,000 | $90,000 |
| Gross Profit | $140,000 | $175,000 | $210,000 |
| Operating Expenses | $75,000 | $90,000 | $105,000 |
| Net Income | $65,000 | $85,000 | $105,000 |
Assumptions:
- Revenues are projected to increase by 25% each year due to growth in customer base and market demand.
- Cost of Goods Sold is estimated to be 30% of revenues, including materials, labor, and other related expenses.
- Gross Profit is the difference between revenues and cost of goods sold.
- Operating Expenses include salaries and wages, rent, marketing, insurance, and other overhead expenses, and are projected to increase by 20% each year due to business expansion.
- Net Income is the difference between gross profit and operating expenses.
