The best businesses have to do with providing solutions to common needs. And in that sense, the timber rental business represents a valuable alternative for construction projects small and medium.
What is the need to resolve with this business?
Any person or company that initiates a project to build small to medium especially talking about concrete construction, is the need at some point need a lot of unfinished wood to sustain the work to be performed. Regularly, the wooden planks are used for: raised columns, cast slabs, maintenance of terraces, stairways interim, etc. What constitutes the business? As described in the post title, the business income is the timber and which is basically planks of pine wood studs of different sizes. The service includes the removal and setting of wood work and the withdrawal of the same, which is regularly rented for periods of 30 days.
What do you need to start a timber rental business? The main investment is in the course acquisition of timber that can be done at any nearby sawmill. The type of wood is ideal for this purpose pine. To know that measures are recommended, you should advise with a master builder or builders in your area that you can say what are the usual standards of housing construction. We may be talking about tables 6 to 8 feet long and parallel to a similar extent. It is also important according to your investment options start with a supply of timber suitable for solving small construction needs as you grow, power address major works. Additionally you will see in your business plan :
1. Warehouse for storage of wood. If you can adapt your chances in a space in your residence for this purpose, in order to save some costs, otherwise you will rent a warehouse in an accessible and secure.
2. Truck type vehicle for transporting timber. For the cost it represents, while having the opportunity to purchase their own vehicle, you can ally yourself with a truck owner or "for hire" work together to obtain better prices for the move and winning both for jobs.
3. Helpers for shipments and deliveries of wood work. It is important to get some helpers for a week with treatment or who can tell when you need to do deliveries. These are the people responsible for raising the timber, check the status of moves and lower at the time of delivery.
How is service charge?
Usually, the service is charged per calendar month of 30 days.
The timber unit is charged either by board or stud delivered.
must set and tell your customer how much it will cost the fraction of time if required product for more than 30 days.
You should consider your delivery, a charge for deposit must be not less than 30% of the contracted product. This will serve to replace any missing or returned in poor condition. Delivery is usually done and billed upon receipt of the returned material. How much to charge for the rental of the wood? This is the million dollar question as to this, you should make your own budget that allows you to determine the margins gain you want to obtain and consider:
1. Warehouse and storage costs
2. Travel costs Staff costs (helpers)
3. Vehicle depreciation costs
4. Depreciation costs of wood
5. Accounting costs
6. Tax Payments
7. Security
8. Others
The strength of this business is in the speed of delivery and suitable conditions for the customer and above all remember that business and rental income are very convenient in the sense that invest in the product once and you can profit from the it many times.
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