One of the most lucrative businesses in Las Vegas today is countertop installation. Often, homeowners would want to create customized countertops, and since granite is the most common material that they would go for, starting a granite fabrication is highly ideal.
Here is a step-by-step guide of how to start a granite fabrication business in Las Vegas:
Step 1: Attend a Granite Fabrication Class or Seminar
While an educational background would not have a bearing on your success, it would help if you have some training in granite fabrication. There are various programs that you can avail of to refine your knowledge about natural stones. Start with the basics and eventually work your way up towards learning more about to fabricate granite effectively. Through these classes, you would know what tools you should have and the different custom slabs that you can work on. These classes would also tell you the dos and don’ts of the granite fabrication.
Step 2: Secure Funding
If you have savings specifically set aside for your granite business, make sure to plan your spending. If you plan to take out a loan, you should carefully study the different types of funding available for you. One of the first things that you should prepare for when identifying financial sources is your business plan. Some banks and financial institutions would require this from you. So make sure that you know how to create one. You can read about our guide here.
Step 3: Choose Your Business Address
Make sure to do a feasibility study first of your chosen location. Check whether there would be a demand for custom granite countertops near your area, as it can factor in your budget. Ideally, you should choose a location where there is a demand without much competition. Along with determining your site, you should also identify your office space requirements. Keep in mind that you should have a dedicated space for granite fabrication, a showroom, and your main office to entertain your potential customers.
Step 4: Get an Insurance Policy
Any business should have an insurance policy that would cover for property and general liability, especially since you would be working with granite, which can be potentially dangerous. Since you will have your employees, make sure to also include a worker’s compensation insurance policy.