So I'm Going to Start Repairing Windshields...
Posted: June 5th, 2009, 12:35 am
Hello everyone!
My name is John, this is my first post.
I was a WSR technician for 2 years before I had to leave for more consistent money. With my current job I work in the evenings and have the flexibility to do repairs during the day. I was thinking about doing repairs from 8am-1pm on weekdays and setting up in a parking lot on Saturdays.
I have been doing some research and the things I need to do include:
Forming an LLC
Obtaining a tax ID number
Opening a company bank account
Obtaining $500k liability insurance
Getting set up with safelite, lynx, harmon, etc
Buying tools, resins, and invoices.
I have begun the LLC process and I have access to tools and resin.
I have some questions:
Do I need to use a 3rd party company to EID invoices, or can I just process the invoices myself and wait for the checks in the mail? Is the main reason people use factoring companies is the advance in payment?
Do I need any kind of certification to do insurance jobs? As I said, I was a repair tech but I also hired, trained, and fired contractors to work the 9 locations in my home market. None of us ever had any kind of certificate. Is there a need for any kind of certification?
You guys that have been in the business a while, any advice you would care to throw my way would be much appreciated. I don't plan on expanding or franchising, I have been that route. I just need the extra income. An extra $300-400 a week would make life much easier right now. I have been asked by the owners of one of my previous locations to return, personally. It's a pretty high traffic, high end venue. 95% of the customers have full coverage, and turns a couple hundred customers a day. When I worked there full-time, I would do 30-40 repairs a week when the weather was right. I hit 50 once. But now I would be happy with 5-10 a week.
I have learned a lot from researching this forum. I just have some pointed questions so felt it would be best to post. Thanks again,
John
My name is John, this is my first post.
I was a WSR technician for 2 years before I had to leave for more consistent money. With my current job I work in the evenings and have the flexibility to do repairs during the day. I was thinking about doing repairs from 8am-1pm on weekdays and setting up in a parking lot on Saturdays.
I have been doing some research and the things I need to do include:
Forming an LLC
Obtaining a tax ID number
Opening a company bank account
Obtaining $500k liability insurance
Getting set up with safelite, lynx, harmon, etc
Buying tools, resins, and invoices.
I have begun the LLC process and I have access to tools and resin.
I have some questions:
Do I need to use a 3rd party company to EID invoices, or can I just process the invoices myself and wait for the checks in the mail? Is the main reason people use factoring companies is the advance in payment?
Do I need any kind of certification to do insurance jobs? As I said, I was a repair tech but I also hired, trained, and fired contractors to work the 9 locations in my home market. None of us ever had any kind of certificate. Is there a need for any kind of certification?
You guys that have been in the business a while, any advice you would care to throw my way would be much appreciated. I don't plan on expanding or franchising, I have been that route. I just need the extra income. An extra $300-400 a week would make life much easier right now. I have been asked by the owners of one of my previous locations to return, personally. It's a pretty high traffic, high end venue. 95% of the customers have full coverage, and turns a couple hundred customers a day. When I worked there full-time, I would do 30-40 repairs a week when the weather was right. I hit 50 once. But now I would be happy with 5-10 a week.
I have learned a lot from researching this forum. I just have some pointed questions so felt it would be best to post. Thanks again,
John