Satellite dish installation business plan

As of , more than 30 million active satellite dish accounts are in the United States. Construct a business plan that details what satellite equipment you will likely install, how your company will operate, expansion plans and offer a basic explanation of your cash flow.

Decide on what business entity type you want to establish. Many satellite installation companies use the tax and liability benefits of being a limited liability company or partnership. Consult a tax adviser and an attorney to determine which type fits your situation. Apply for an employer identification number at IRS.

This will allow you to hire employees and establish a business checking account. Apply for a sales tax license in your state. This allows you to sell retail items and collect state sales tax.

This is important for selling added value items such as universal remote controls, TVs and off-air antennas. Apply for financing. Apply for enough to cover additional operating capital because it often takes between one and two weeks to arrange an installation, perform it and be paid from the provider.

Purchase liability and workman's compensation insurance. Your insurance provider will want to know the details of the kind of work you and your staff will do in determining rates. Other satellite providers can add after this certification, but these two will make up the bulk of your business.

This will involve a comprehensive training conducted at a central location for each company. There has never been a better time to start a business that sells and installs minisatellite dishes, as the product and service is still relatively new, yet well proven, and saturation of the market place is many years if ever away.

The first step to establishing this type of business is to secure a sales and installation contract with one of the many manufacturers and subscription providers. The next step is to effectively market the product and installation service, and this can be accomplished by building a direct sales team to represent the products and services, as well as utilizing all traditional advertising mediums to gain consumer interest in the business.

Additionally, be sure not to overlook apartment and condominium buildings as potential clients, as it is often easier to market to a captive audience once one or two people are on board and have purchased the product and service. Make that old furniture you love look like new again, or build a new piece altogether. Are you detail oriented? Consider starting a home inspection service. Take care of homes when their owners are away with a house sitting service. Use your talent for handiwork to start an apartment prep service business.

Liz Brody. Joy Chen. Abhik Choudhury. Skip to content Profile Avatar. Subscribe to Entrepreneur. Magazine Subscriptions. Home Home.