How to Start Sealcoating Business
One of the in-demand business entities nowadays is the so-called seal coating business. Over the decades the value of pavement maintenance through seal coating and other methods has been established and has every chance of maintaining its momentum in the future, as more and more property owners recognize its value in the preservation and protection of pavement surfaces; both asphalt and concrete.
Before starting this type of business, you need to recognize all the essential things to achieve business success. Establishing seal coating business requires several factors to improve business success. Similar to any other kinds of business, it is very helpful to identify the business, techniques and its competencies. You can also engage in several programs to uplift your business learning skills.
Tips for Starting Sealcoating Business
There are several ways that you need to consider before starting a seal coating business. All industries must encompass proprietary base knowledge, unique technology, and trade associations. If you don’t have any knowledge of this type of business, you can take some apprenticeship with seal coating to accumulate added insights. Now, if you are a well-experienced businessman, you can improve your skills, regulations, opportunities and business development as a whole. In addition, you can also join some trade associations such NAPA or National Asphalt Pavement Association.
Ways on How to Start a Sealcoating Business
Before starting your own seal coating business, make sure that you research more about seal coating competition. The very first thing to do is to talk to people in the industry and do your own research. A lot of data is available from various industry associations, and business directories. Go to the pavement conventions and talk to seal coaters and suppliers.
In this simple way, you can adjust your seal coating markets and techniques. Through seal coating market identification, you can recognize possible growth niches, tracing seasonal trends, and most importantly, you can anticipate the busy and slow seasons of your business. Aside from these, you also need to recognize your new business structure. It can be a sole proprietorship or corporation. After deciding, you may create your own unique business name that can truly leave a mark the customers.
Things to Consider to Start a Sealcoating Business
After establishing the viability of the business, do the market research of the area that you aim to serve; both the demand or the need (demographic, income levels, avg. price of homes, businesses, etc.) and the current level and quality of the available service. Most of the information is available online, the local chamber of commerce, and trade publications.
Sealcoating business will not function if you don’t have a capital investment. Typical examples of these are the equipment, peripherals, and machinery. This is indeed required to make your business more functional. Once you prepare your capital investments, you can market your seal coating to other companies. Through this, you can attract more customers to ensure business success.
The next step, after establishing the opportunity, is to contact the seal coat manufacturer serving your region. Depending upon the size of your intended business, it is essential to know if you will have any restrictions in serving the intended region.
Proper Selection of Capital Investments
Purchasing business capital investments is always a must. In purchasing, you need to consider its quality to ensure long lasting services. In most cases, some businessmen choose to purchase cheap machinery. Actually, there is nothing wrong with buying that equipment. But, you need to identify its capacity and features. See to it that all capital investments must be of high quality. If you continually use low-quality machinery, there is a great tendency for it to be exposed to more damages. In this situation, you will spend a lot of money for its repairing. With high-quality machinery, you can save more money and this machinery can definitely provide you excellent services. This is the reason why you need to purchase durable equipment and machinery. The list of the essential equipment, categorized by the stages of the pavement preparation for seal coating, is:
- Pavement cleaning; dirt and debris, some of the equipment are namely wire brushes, scrapers, blower, brushes and a portable power washing unit will be handy for tough to remove, caked ion dirt areas.
- Pavement repairs and preparation, the work needs Oil Spot sealer and suitable brushes and roller. In term crack filling, for hot crack filling- melter, pour pot, application wand. Sand for broadcasting over the recently filled crack to avoid tracking, whereas for cold pour crack filler, pour pot, V-Squeegee, cold patching compound-trowels, etc.
- Sealcoating Machine; it should be equipped with full sweep agitation element, hydraulic motor, compressor, diaphragm (or piston) pump, application hose, spray tips; both for with and without sand application.