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Day: January 16, 2017

What Do I Need to Set Up a Successful Concrete Mold Business and Make Huge Profits?

So you may have started to look around for a way to make some additional income. You want to make good money and be your own boss.

How about starting your own decorative concrete molds business??

What do I need to get started?

Well most of these items you may already have around your house or shop. So setting up and starting your own business can be inexpensive and the profits are huge.

1. Molds

Probably one of the most important pieces needed. If you have poorly crafted and low quality molds your finished goods will look it as well. There are lots of varieties of molds in the market. Aluminum, single use plastic, rubber, fiberglass, wood, and even nature itself.

But if you want the best and most reliable molds that give you the least amount of grief, a good latex rubber mold with a fiberglass casing to support the rubber is your answer. Sure you can buy cheaper molds that you need to sit in some sand and pack around it, but you can’t always get it right. THose molds can be frustrating to use and cut into your profit because of all the fiddling around you will have to do. How do you vibrate any air bubbles out if the item is buried in your sand box? With molds that have self-supporting cases you everything is self-contained and easy to use. You can pour right in the mold, shake out the bubbles, and set the mold aside to dry.

Also when you have a quality rubber mold, it allows you to get the detail of a professional sculptor.

So quality molds produces quality garden art, which puts more money in your pocket for your effort.

2. Cement and Sand and Stone and Water

Cement – bagged Portland cement from any hardware or building supply store. Yes you can use the QuickCrete mix if you wish but then you are paying for sand and stone at retail prices. I recommend getting a white Portland cement. It may cost a bit more but produces a nicely colored item.

Sand – Dry, clean, and washed course river sand.

Stone – a pea gravel works well. It is not necessary for smaller molds but does give strength to the cement. The stone will not show in your finished item.

Water – fresh clean cold water

3. Mixer

Your mixer could be a simple wheelbarrow or small electric mixer. Most people have a wheelbarrow lying around, so by using it does not add to any startup costs. With the wheelbarrow you need to hand turn the cement/stone/sand/water mixture until you get the right consistency. With a mixer you simply add in your sand/stone/cement/water and let the mixer spin while you do other tasks. They can be purchased for around $500 and use a simple household electrical plug.

4. Tools

Shovel – for scooping your sand and stone

Bucket – for moving mixed cement and pouring in your mold

Rasp/File – for cleaning …

Bonded and Insured – What Does it Actually Mean?

You have heard it asked many times before. Maybe you have even asked it yourself, but what does bonded and insured really mean? Why do you need to ask vendors about this? Is this really important?

First, I will explain what each means. Then, I will go into detail about what is important with these terms.

There are only three types of bonds available. The first is a bail bond. This only applies to people who are trying to get out of jail, therefore it is not applicable to hiring a vendor. The second is an employee dishonesty bond, or a surety bond as they are also called. The third is a performance bond. These are frequently used by contractors to guarantee their services.

I will skip discussing the bail bond.

An employee dishonesty bond, or a surety bond is issued by an underwriter to guard against theft. These are issued in various amounts. The most common is $5,000. I will use an example of how this would work. Let’s say you hire a contractor to work on your home. In the process of their working on your home, you notice that some of your jewelry is missing. You contact the police and the bonding company. After an investigation, it is determined that the contractor took your jewelry.

The bonding company will then notify you that they will award the price of the jewelry, or the maximum amount covered by the bond. The bonding company will wait for a conviction of the person who took your jewelry. If the adjuster determines that the value of your jewelry is $6,000 and the surety bond is for $5,000, they will award you $5,000 because that is the maximum covered by the bond. There are conditions to this. The bonding company will only award the amount if the item is not recovered. And, the bonding company will only award after a court conviction takes place.

A performance bond is taken out to guarantee service or work. Again, another example. Let’s say you hire a contractor to build your dream home. The price to build your home is $250,000. A surety bond for the project could be issued to you at the cost of the contractor. This would cover you if the contractor tries to leave before the project is complete. Or if the contractor does not fulfill obligations agreed to in the contract. If you go through a bank to get your home built, they will most likely require the bond be issued to them, since they will be a greatest exposure to loss. Performance bonds can be taken out on a variety of things, but are most frequently used in the construction or contracting business.

Speaking as an owner of a janitorial company, there are things more important than a bond. There are many companies that cover theft internally. In other words, they have a policy about theft and cover the losses themselves due to the size of their companies. If theft …