Reply To: Renovation business ideas & how to compete.

[Paul – FS Concierge]

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Hi and welcome to Flying Solo Nick!

Thank you for joining and posting today.

Some suggestions:

1.
A. Complete kitchen and bathroom renovations in hi-rises. Market them to a price point.
b. Enclosed decks with windows, fans, TV’s kitchens or BBQ’s etc
c. Look at the government incentives and work up some ideas around the minimum threshold that the government incentive kicks in.

2.
A. Have a great website that showcases your ideas, then as you get jobs do web diaries of Day 1, Day 2, Day 3 etc Tell the customer story and how happy they are with the finished product.
B. See 1 above. Find a niche and don’t compete directly.

3. Target the niche so that your marketing spend is lower but has higher impact and ROI

4. Great businesses are built over time, not overnight. Stake Steps 1 & 2 & 3 before 8,9,10. Keep long term plans in mind but stage them. This is something to think about being ready to do in possibly a few years time and there are a million and one problems you will have to solve first. Operate for 6-12 months and come back to this idea.

Good luck Nick

Cheers
Paul