What you can expect to make in your new business
As with any endeavor you start how much money you can make is largely up to you. Some factors to consider are these.
· Are you doing this full or part time
· Are you going to have employees or partners
· Are you retired
· Are you just trying to supplement your current income
These are just some factors you need to consider.
Now let’s break down your business in its simplest form. What does a bunk bed cost to make and what do you sell it for? All numbers are in US dollars and are taken from National averages.
Our number 1 selling bunk bed is the Model 1 non-stackable.
Material cost includes hardware bought from our source and wood from your local lumber yard. All bunk beds shown in the gallery were made form wood purchased at Home Depot. The cost of our #1 selling bunk bed is $250
We use a woodworking formula that has been around for hundreds of years. Take your material cost and multiply it by 3 X $250 = $750.
$750 – $250 = $500 profit
Once you understand our method of building bunk beds it will take you + – 5 hours to build one.
THAT’S OVER $100 PER HOUR. OVER $500 a Day.
Who are your potential customers?
Besides Mr. & Mrs. Jones, who will make up the bulk of your client I have included a list of potential customers who all have bought our bunk beds. Camps, resorts, retreats, lodges, ranches, universities, half-way homes, rehab houses, fire departments, beach houses, lake houses, cabins, apartments, condos, etc.
If you start to incorporate just one of the above examples and add that to you consumer base, Mr. & Mrs. Jones, you will start to develop a great base of income.
