♫ August 27th, 2010 12:45 am
Home inspection is a service business that has fluctuations in the amount of business that an inspector can expect to do. There are things that smart business owners can do so as to smooth out the low times of the year and to fill in any slow days. The worst number in business is the number “one”. By being dependent on one source of income or type of work you do you are restricting the opportunities that are available to you. When a home inspector restricts his income to only home inspections for first time home buyers he is limiting the number of clients he can serve. Add the service of doing condo inspections and that person has added another income stream or service he can do.
There are several other services an inspector can add to the services he or she provides. Inspectors have all heard of done wood destroying insect inspections, radon, mold inspections, home energy audits, etc. These are important inspections that are conducted when a home is being purchased. These types of inspections are also vulnerable to the real estate market. What happens when the number of homes being sold decreases? The number of inspections for these other inspections decrease as well. However by being able to provide these other inspections you are closer to being a one-call-does-all solution and may not suffer as much of a decrease as that home inspector that does only home inspections for first time home buyers.
It is not necessary that a business would need to reduce the marketing that they do for the primary business so as to have an extra service to provide. The goal when adding a service is to increase overall the amount of work provided. This is done by maintaining the amount of primary work done and adding other services. Hopefully the other services added will not be vulnerable to the same influences that have effect on the primary service.
The Winter is traditionally a slower time of year for home inspections. This is especially true in colder climates. How would providing a service to current homeowners that would be of benefit to them during the cold weather or just before the cold weather really sinks in help your income? Such as Winter Preparation Inspections. This service may be especially beneficial to the elderly. There are other services that can be offered that are not in direct conflict to the neutrality that a home inspector is supposed to have in regards to a homes condition. Diversify your business and keep your income consistent. But as always you must market your home inspection business and any other services you offer.
Tags: Home Inspection, Inspection Services, Service Business
♫ Posted in Inspection Services | No Comments »
♫ August 14th, 2010 2:09 am
Buying a ranch is something you may want to consider if you plan to retire in the west or just want to move away from city life to enjoy rustic rural life. Whatever the reason, a ranch is one of the best ways to enjoy the west. As a ranch owner, there are many benefits waiting you. You can lease part of the land to a cattle rearer and then fail to develop the remaining portions. This act will save you thousands of Dollars in property taxes. It is a technique applied by many ranch owners so that they would be able to conserve money in their assets management.
You may also qualify for the governments state land conservation plan. If you participate in this plan, you can have about 30% tax rebates. The only thing you will have to do is to leave portions of the land undeveloped. The idea is that by leaving that portion undeveloped, you are helping the government in the conservation of the rural area and therefore deserve to be compensated.
As the price of land in the cities increase. Many wealth men move to the rustic areas of the country where land is cheap ad the environment is serene. Mostly they are moving out to Colorado, Kentucky, Arizona and New Mexico where they are putting up large ranches for several purposes. The purchase of the land gives the owner the opportunity to receive financial incentives like the tax rebates and at the same time use the land for a farm. As a farm, the owner has access to large tracts of pasture on which the cattle can feed and water bodies from which he can fetch and feed the cattle. They will not have to acquire portions of land again to build their barns as the same ranch can be divided and a certain part of it used as a barn. Owners who go into horse breeding can also be able to use the same hay they get from the pasture to feed the horses.
You can use the ranch for recreational purposes too. People can hunt or fish on your property for a fee. If you want to use the ranch for hunting purposes, the location would be a very important factor. The area will have to be wooded and full of wildlife. The hunters should not walk miles before they have their first game. They should be able to spot antelopes and other animals within a few steps. A good hunting round must also have streams and enough vegetative cover so the wild animals would be pleased to live there. If it is for fishing, a water body must be close by. You can have a stream, creek or river. But be sure that the stream has the kind of fish that people would like to go for. Anglers have their own preferences and it would be good that they are able to find their preferred catch.
Investing in ranches is becoming very popular amongst investors of late. Many people are looking to retire in these places and therefore drive up the cost of these properties. Whether for residential purposes, commercial or recreation, investing in a ranch always pays off.
Tags: Buying Guide, Land Property, Ranch Property
♫ Posted in Land | No Comments »