Page 1 of 2 12 LastLast
Results 1 to 13 of 21
  1. #1
    Join Date
    Jan 2013
    Posts
    6

    wanting to start a buisness

    This is my first post on this site so i would like to say hi to everyone my name is Tim and thank you for the replys in advance! I have been in this field for over 5 years now and i worked as a private contractor for a single company for 4 of them years prior until i work dried up due to the owner being 60+ years old and getting tired and told everyone to go screw themselves... since there was no work i decided i needed money and went to be an employee. cant do it anymore. i talked to my previous employer and he is now retired. still working tho on jobs he wants to do turns down the rest. and he said that next year him and another hvac company want to both be done. so i want to start my own buisness in that area. i currently live paycheck to paycheck with majority of the tools i need, no van, no break but wondering how i can get started i got a workshop just need to get some finances to get it started and then it will roll on its own. so looking for some ideas on where to get some financing to get started.

  2. #2
    Join Date
    Jul 2012
    Location
    Western KY
    Posts
    1,221
    Don't take this wrong but one of the first things you need to find is some one with a lot more experience to help you. Perhaps the guy you were working for. Not to run your business but for advice on things you haven't seen yet that pop up. Good luck. I hope you hit it out of the park and make millions.

  3. #3
    Quote Originally Posted by Tommy knocker View Post
    Don't take this wrong but one of the first things you need to find is some one with a lot more experience to help you. Perhaps the guy you were working for. Not to run your business but for advice on things you haven't seen yet that pop up. Good luck. I hope you hit it out of the park and make millions.
    Hey tommy, check out junk yard ..refrigeration co for sale

  4. #4
    Join Date
    Jan 2013
    Posts
    6
    Yea I have alot of resources for stuff I have yet to encounter but if I was to wait that long to start I might as well find something else to do as everything is constantly changing. I have alot of service experience as well as installation. and my name is already around the area so should be easy to get started... So really looking to know if someone knows about government grants/loans for this trade as I have heard they are hard to get...

  5. #5
    Join Date
    Oct 2010
    Location
    Anderson, South Carolina, United States
    Posts
    5,673
    All you need is a van and tools to get started, as you make money, invest in the company and it will grow if you work hard at it. Expect to work long days and not make any money for the next few years. Don't get a bad reputation bc you will never recover. Do quality work.

  6. #6
    Hey Tim , check out junk yard refrigeration co for sale

  7. #7
    Join Date
    Jan 2013
    Posts
    6
    Quote Originally Posted by jtrammel View Post
    All you need is a van and tools to get started, as you make money, invest in the company and it will grow if you work hard at it. Expect to work long days and not make any money for the next few years. Don't get a bad reputation bc you will never recover. Do quality work.
    yea i could do that but i do need a few things yet to get it started... ex. a van n a break would be the 2 things i would need n small buisness loan or a government grant would take care of that. but im guessing no one has tried that route to start up new...

  8. #8
    Join Date
    Oct 2010
    Location
    Anderson, South Carolina, United States
    Posts
    5,673
    Quote Originally Posted by mckenna View Post
    yea i could do that but i do need a few things yet to get it started... ex. a van n a break would be the 2 things i would need n small buisness loan or a government grant would take care of that. but im guessing no one has tried that route to start up new...
    You could get a loan, I wouldn't count on the government all they do is mess everything up. You would need a Pittsburgh and brake if you're planning on building duct. Most times its cheaper to buy prefab duct anyway unless its something that has to be custom made for fit purposes.

  9. #9
    Join Date
    Jan 2013
    Posts
    6
    Quote Originally Posted by jtrammel View Post
    You could get a loan, I wouldn't count on the government all they do is mess everything up. You would need a Pittsburgh and brake if you're planning on building duct. Most times its cheaper to buy prefab duct anyway unless its something that has to be custom made for fit purposes.
    yup i would do the prefab to start and if i would need any custom built duct i could just do a hand pittsburgh to get me by until i was able to afford the machine. but your right the government im sure to get anything from them would take about a year or better. i may just buy a used van n a break with taxes and go with it.

  10. #10
    Join Date
    Sep 2005
    Location
    Atlanta GA area
    Posts
    20,267
    Again... please do not take this personally... Running a business is a different skill than doing the work... regardless of what business one gets into. I am not saying anyone cannot do it... many (including myself) did and do. Just knowing one needs to learn that different skill is what I am saying.

    Get yourself a van. If you have a couple of CC's... cash one, then bal-X-fer to another at a low % rate. Then PAY IT OFF! Best to not have high overhead if you can avoid it. Cash will be your biggest asset and the hardest thing to get. Better to poor-boy it until you have reserves.

    Service (treat the customer good) is the key to building a business. Work long hours, make everyone happy, do whatever you have to do.

    If the older guys who are retiring will agree to help you... get them to write a letter of recommendation to introduce you... and ask if you can call them from time to time for advise.
    Make friends at the supply houses... and other contractors.
    I am sure you are aware of this: Get your license, your EPA 608 card, and a Gen/Liability policy. Better to have it and not need it... than to need it and not have it.

    Get PRO status here at H-talk... there is a HUGE amount of information behind the Pro door... well worth it.

    And keep in touch... we all like to see/hear success stories.
    GA-HVAC-Tech

    Galatians 2:20-21; Colossians 1: 21-22 & 26-27; 3:1-4; Romans Ch's 5-6-7-8

    2 Chronicles 7:14

    Quality work at a fair price with excellent customer service.

  11. #11
    Join Date
    Jan 2013
    Posts
    6
    Quote Originally Posted by ga-hvac-tech View Post
    Again... please do not take this personally... Running a business is a different skill than doing the work... regardless of what business one gets into. I am not saying anyone cannot do it... many (including myself) did and do. Just knowing one needs to learn that different skill is what I am saying.

    Get yourself a van. If you have a couple of CC's... cash one, then bal-X-fer to another at a low % rate. Then PAY IT OFF! Best to not have high overhead if you can avoid it. Cash will be your biggest asset and the hardest thing to get. Better to poor-boy it until you have reserves.

    Service (treat the customer good) is the key to building a business. Work long hours, make everyone happy, do whatever you have to do.

    If the older guys who are retiring will agree to help you... get them to write a letter of recommendation to introduce you... and ask if you can call them from time to time for advise.
    Make friends at the supply houses... and other contractors.
    I am sure you are aware of this: Get your license, your EPA 608 card, and a Gen/Liability policy. Better to have it and not need it... than to need it and not have it.

    Get PRO status here at H-talk... there is a HUGE amount of information behind the Pro door... well worth it.

    And keep in touch... we all like to see/hear success stories.
    thanks for the reply. and great advice. i do know as i have done the running a buisness part as i was a private contractor for 4 years and ran the buisness for one of the guys that are retiring. long story short he was tired and got everyone pissed at him and said if his name was still there. i wouldnt get any work... and yes i have all my licenses. u did add a great point i also need to get a liablilty policy thanks for reminding me and yes i will try to move up here as i see this is a good forum and active! surprised that there is a forum for us hvac guys that is active with alot of useful information.

  12. #12
    Join Date
    Sep 2005
    Location
    Atlanta GA area
    Posts
    20,267
    Quote Originally Posted by mckenna View Post
    thanks for the reply. and great advice. i do know as i have done the running a buisness part as i was a private contractor for 4 years and ran the buisness for one of the guys that are retiring. long story short he was tired and got everyone pissed at him and said if his name was still there. i wouldnt get any work... and yes i have all my licenses. u did add a great point i also need to get a liablilty policy thanks for reminding me and yes i will try to move up here as i see this is a good forum and active! surprised that there is a forum for us hvac guys that is active with alot of useful information.
    Sounds to me like there will be one more licensed and insured HVAC guy soon... GOOD DEAL!

    BTW: Where are you located (city/state)?
    GA-HVAC-Tech

    Galatians 2:20-21; Colossians 1: 21-22 & 26-27; 3:1-4; Romans Ch's 5-6-7-8

    2 Chronicles 7:14

    Quality work at a fair price with excellent customer service.

  13. #13
    Join Date
    Jan 2013
    Posts
    6
    currently pequot lakes minnesota will be relocating around wadena mn when this all goes down

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Comfortech Show Promo Image

Related Forums

Plumbing Talks | Contractor Magazine
Forums | Electrical Construction & Maintenance (EC&M) Magazine
Comfortech365 Virtual Event