Starting a Home Renovation Business: First Steps

professionals shaking hands on a construction project

The home renovation industry is booming. More and more people are opting to renovate their homes rather than sell and buy new ones. And with the current market conditions, it’s easy to see why. The industry has reached a market size of $538 billion, which is expected to rise further in the future.

If you’re thinking about starting a home renovation business, you need to know how to train and develop an effective team. After all, your team will be the face of your business. But with so many skills and trades required for home renovations, it can be tough to figure out who to train and develop. Here’s a quick overview of some of the most critical positions on a home renovation team and which experts you should consider hiring and training for each one.

Project Manager

The project manager oversees all aspects of the renovation project from start to finish. They need to have a strong understanding of the construction process and experience managing teams of workers.

If you don’t have a project manager on your team already, consider investing in training and development for someone who has the potential to take on this critical role. The best project managers are usually those with a background in construction or a related field. However, they should also have strong people skills and communicate effectively with clients.

You don’t need to hire a project manager from outside your company. If you have someone on your team who shows promise, consider investing in their training and development. This way, you’ll have a project manager who knows your company and team well.

Lead Carpenter

A lead carpenter is responsible for supervising all the carpentry work on a renovation project. They must have a strong background in carpentry techniques and can communicate effectively with other construction team members.

Anyone with enough capability and skill can be a lead carpenter. However, if you want to hire someone that fits the job well, you may consider looking for a professional with a good track record in the construction industry.

Remember, the lead carpenter will ensure that all the carpentry work on the project is completed on time and to the client’s satisfaction. So, it’s essential to hire or train someone who is up for the challenge.

Painter

A renovation project won’t be complete without a skilled painter on your team. This professional will be responsible for painting all home surfaces, including walls, ceilings, trim, and cabinets.

When it comes to painters, expertise is vital. You’ll want to hire someone with plenty of knowledge of painting homes and an understanding of how to use various paint types and colors. This person needs to have a good eye for color and achieve consistent results throughout the painting process.

Paint jobs are one of the most visible aspects of a home renovation. And having a painter on your team who can produce high-quality results can increase customer satisfaction and repeat business. Thus, providing you with a good return on investment.

Driver

Of course, a home renovation team can’t get very far without a driver. This team member will be responsible for transporting materials and equipment to and from job sites.

It’s essential to have a reliable driver who can operate a large vehicle safely. You can do so by ensuring that your driver has a valid professional driver’s license and a clean driving record. But if you don’t have enough capital to cover a commercial driver, you can train someone on your team to operate a large vehicle.

You can help them obtain a learner’s permit and get them started on the road to becoming a licensed driver. Not only will this save you money, but it can also be an excellent opportunity to develop someone on your team. It’s a great strategy to provide someone with on-the-job training that can benefit your company in the long run.

a driver on a driving exam with examiner thumbs up

Accountant

Lastly, an accountant is another professional you should consider adding to your home renovation team. This person will be responsible for keeping track of the project’s finances and ensuring that all invoices get paid on time.

An accountant must have excellent bookkeeping skills and experience working with construction budgets. They should also be good at dealing with numbers and have close attention to detail. Your business is heavily revenue-based, so it’s essential to have someone on your team who can handle the finances well.

An accountant can make or break your home renovation business. So, hiring or training someone with the necessary skills and experience to do the job well is essential.

Many skills and trades are necessary for home renovations, meaning different positions need to get filled on a renovation team. Because of this, it can be tough to figure out who to train and develop—but the above overview should give you an excellent place to start. So, consider the most critical positions on a home renovation team and the experts you should hire for each one, and begin building a successful home renovation business today.

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