Kappell Family Blog

April 20, 2010

Starting My Own Business

Filed under:Business — phillip @ 8:02 am

I have been in school for some time now. I have plans to start my own company as soon as I can. I have already started to some extent doing maintenances and small repairs. The biggest issue for me is lack of actual experience. Now I know I can trouble shoot to the point I could almost figure out any issues. The problem is I have not seen or been exposed to all the different possible issues that could occur.

So I have decided to try and go into business with an experienced technician and another student who seems very knowledgeable with HVACR. We have started doing small jobs offering Maintenances Tune-ups for $50.00. So far this is proving to be a very slow start. We have landed jobs, but have failed to make much money. Part of the problem has to do with the fact we have no truck stock for most of the potential issues that we recommend the customer have replaced. This means if the customer agrees for the replacement we have to come back and that cost money. 

Now even though the three of us are trying to start up a business we are all still trying to do our own thing at the same time. So the family and me walk around and place flyers where ever we can. I still have a problem that I don’t have any truck stock for recommend part replacements. I know what I am doing and am very confident in the work I perform. I just need to find a way to bring some money in to for truck stock. The old “You have to spend money to make money” analogy is staring me right in the face. Because in order for me to spend money I have to make some first! I definitely need to think outside the box and find a way to get the money to spend.

I just wish I had some family or friends that could help! It would be an investment for them and I know I could bring a profitable return on their investment in my start up company with-in a matter of months.

 Anyway I will keep everyone updated.

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