Supplemental income
Posted: September 17th, 2016, 2:53 pm
I've searched the forum far and wide, and can't seem to find anything specifically about this so I figured I could start a new thread.
I'm one of the new guys, like a ton of other people on here so I apologize in advance for anything that shows just how much of a rookie I am.
I currently work full time for a fire department in a large city, however with our schedule I only work 10 days a month. The other 20, i'm sitting on my butt at home instead of making money. Before I got on the fire department, I was a technician for another large glass company doing both repairs and replacements. I'm currently in the process of buying my kit (from Delta Kits no less!) and getting my side business officially started. When I thought about doing this initially, I wanted it to be a thing I can do for friends & family and my co-workers on the department. However, i'm starting to question if just with that small market alone I will even make enough money to cover the $500k liability insurance that we are required to carry. So the question is; How many repairs/month does it take to be profitable? Am I completely stupid for trying to keep the business to a small size and not go out and try to fight for more? I definitely don't want to be one of those guys at the gas station, sorry if anyone here does that... & where i'm located in Arizona there are glass companies EVERYWHERE.
Thank you to whoever responds!
I'm one of the new guys, like a ton of other people on here so I apologize in advance for anything that shows just how much of a rookie I am.
I currently work full time for a fire department in a large city, however with our schedule I only work 10 days a month. The other 20, i'm sitting on my butt at home instead of making money. Before I got on the fire department, I was a technician for another large glass company doing both repairs and replacements. I'm currently in the process of buying my kit (from Delta Kits no less!) and getting my side business officially started. When I thought about doing this initially, I wanted it to be a thing I can do for friends & family and my co-workers on the department. However, i'm starting to question if just with that small market alone I will even make enough money to cover the $500k liability insurance that we are required to carry. So the question is; How many repairs/month does it take to be profitable? Am I completely stupid for trying to keep the business to a small size and not go out and try to fight for more? I definitely don't want to be one of those guys at the gas station, sorry if anyone here does that... & where i'm located in Arizona there are glass companies EVERYWHERE.
Thank you to whoever responds!