Hello,
I am in the process of gathering some information pertaining to start up costs and equipment. First off, let me say that I have been reading through these forums for quite some time and have utilized the “search” function relating to on-the-job tools, and haven’t had much luck. I will gladly take direction to the proper location of this information as well. I’ll also add that these forums are awesome and worth their weight in gold. With that being said, Id like to ask you all a few questions.
What was your experience with start up costs? I understand it can be done on a fairly low budget, but I am more interested in what you have found absolutely necessary or UN-necessary. Knowing what you know now, where would you have put your most effort, time, and money?
Also, what is in your on-the-job tool kit? What do you use the most, and are there any must have tools?
To be clear, I have a fairly good idea of what I think would work for me. I’m just hoping to get a few more ideas. Thanks in advance for any replies, as I do value everyone’s experience and knowledge and look forward to hearing what you all have to say.
Anything but the most basic of searches is best done outside of the forum - the forum search feature sucks. You can use variations on this Google query to find prior threads on the topic: “site:www.nachi.org/forum tools startup”
Since you have already put thought into this, why don’t you post what you have so far and let people comment on it and suggest additions, deletions and priorities?
I suggest that you create a startup budget with planned expenses by category and also a first year financial plan with revenue goals. IMO: having a plan is an important key to success and will help you identify issues earlier, so that you can make adjustments before you get into trouble.
Internachi membership 500
Required insurance and licensing fees for where ever you are 3K+ to 0
Suitable vehicle Should be a newish pickup or van 20 to 30K if you don’t have one.
Hand tools, if you don’t already have a few good screwdrivers, pliers wrenches etc., maybe consider another line of work
A few hundred bucks on good ladders to get into attics and on roofs.
Moisture meters, electrical testers etc., 200 to 1000
Internet advertising 200+ per month
If I was to start over I would place my money on the proper tools, optimal software, Web presence. Association dues. (InterNACHI, Local Realtor associations)
I would avoid Web setup companies, newspaper adds,
I’m starting this new field too just had a question.
What are some basic tools we will need in this field and where I get these tools.
If anyone have any ideas it will be very helpful.
Thanks in advance for your help.
Bare minimum: flashlight, camera, three light outlet tester, non contact electrical “sniffer”, ladder 12 way screwdriver. Some way to transport yourself and equipment. Computer and software to write a report (Word will do, HI specific software is easier), email and web page. Other stuff you can add as you go along.
