Smash tax time, with our once a year EOFY sale!
DD
D
HH
H
MM
M
SS
S
Get started from $2*
Need help choosing a plan?
Created with Sketch. 1800 917 771 Schedule a call
Need help?
We're here for you.
Schedule call
Created with Sketch.
A group of people standing around a building.
Starting a business

How To Start a Roofing Business

Thinking about starting your own roofing business? You're not alone. Many skilled individuals like the idea of entrepreneurship in the roofing industry. Enticed by the promise of independence, financial prosperity and leaving a lasting impact. 

Transitioning from an aspiring roofer to a successful business owner requires more than just technical know-how. You need to plan strategically and focus on how you’re going to manage your money moving forward. 

In this how-to guide, we’ll take you through the steps of launching your roofing company and setting a solid foundation. From developing a business plan to obtaining licences and investing in a dependable team. We will cover all the crucial information you need to transform your roofing dreams into reality.

Why start your own roofing business? 

Roofing is a crucial part of construction and home maintenance. Regardless of the economy, there’s always a demand for roofers as long as there are buildings. 

You’ll likely encounter slow periods during winter, but an organised roofing business can stand the test of time. Let’s go through the essential steps to launching your own roofing business. 

6 Steps to Starting Your Own Roofing Company 

If you’ve never run a business before you may be stuck on where to start. Forming your own company shouldn’t feel like a minefield. Whether you have years of experience in the roofing industry or are newly qualified, you can find success running your own company. 

Here are the main steps you should take when starting your own roofing business.

1. Draft a Comprehensive Business Plan

A solid business plan serves as the cornerstone of your roofing venture. It should start by outlining your short- and long-term goals. You should analyse the local demand for roofing services, identify your customer base and assess competitors. Finally, you should provide annual budgets and revenue forecasts. 

A sound business plan not only guides your decision-making process, but also improves your chances of securing funding. Before you do anything else, you should start to develop your plan. This will guide where you take your business in the future and help you to hyperfocus on your target market. 

Here’s a quick look at what you should include in your roofing business plan to help you get started:

 [Your Business Name

  • Executive Summary 
  • Business Description 
  • Market Analysis 
  • Marketing and Sales Strategy 
  • Operations Plan
  • Financial Plan 
  • Concluding Statement

2. Ensure Legal Compliance

To ensure compliance, you must get a roofing contractor licence and a Construction Induction Card or White Card. You will also need to select a suitable business structure (sole trader, partnership, company, etc.). This will allow you to acquire an Australian Business Number (ABN) and Tax File Number (TFN), registering your business name with ASIC. Finally you will need to set up dedicated business accounts. 

You must apply for these licences before you can start offering your services to clients. 

3. Invest in Quality Tools and Equipment

Equipping yourself with the right tools is crucial for delivering roofing services to a good standard. From basic tools like ladders, measuring instruments, and hammers to specialised equipment tailored to your specific roofing services, investing in quality gear is non-negotiable. 

You also need to prioritise safety by procuring protective gear like helmets, safety goggles, and gloves. A well-equipped arsenal not only boosts your efficiency but ensures your future employees stay safe when working on a project. A safe workforce will work more productively, leading to happier customers. 

4. Safeguard Your Business with Insurance

Insurance serves as a vital safety net for roofing contractors, shielding your business from potential liabilities and unforeseen expenses. 

Essential insurance policies for roofing businesses include Public Liability insurance, which covers third-party claims for injury or property damage, and Business Insurance, offering comprehensive coverage for business assets and premises. Neglecting insurance could expose your business to financial risks and stop you from growing your enterprise.

5. Build a Reliable Team

While you might start forming your business on your own, eventually you’ll need to assemble a competent team of workers. Beyond hiring skilled roofing professionals, consider recruiting part-time or freelance assistance for administrative tasks like bookkeeping, office management, or marketing. Delegating responsibilities allows you to focus on the responsibilities associated with growing a business and ensures your operations run smoothly. 

6. Develop a Strong Online Presence

As a roofing business it’s important to build your online presence initially rather than relying on word of mouth. You’re new to the game, and potential clients will judge you initially on your website. 

Your professional website will act as a showcase for your work. You should detail your roofing services, service areas, testimonials, and contact details. 

To be visible to potential customers near you, leverage marketing strategies like search engine optimsation (SEO), social media marketing, and online directories to expand your reach. An impactful online presence not only enhances your visibility - it improves your credibility and customer engagement.

How QuickBooks Can Help Your New Roofing Business 

Running the finances for a newly established roofing business can present its fair share of challenges. However, with the right tools at your disposal, you can streamline your accounting processes and gain valuable insights into the financial well being of your business. 

QuickBooks is an incredibly powerful accounting software that can prove to be a game changer. It offers a plethora of features that will assist you in staying organised, tracking expenses, managing invoices and keeping tabs on cash flow.

Here are a few ways in which QuickBooks can greatly benefit your roofing business:

Expense Tracking

Easily keep track of all business related expenses, from equipment purchases to materials, subcontractor payments and overhead costs. By categorising these expenses effectively, you'll gain a better understanding of where exactly your money is going and make more informed financial decisions.

Invoicing

Create professional invoices tailored to your clients for the roofing services provided. Personalise each invoice with your logo and essential business information while also monitoring payment statuses to ensure you get paid on time. 

Estimates and Quotes

Utilise QuickBooks built in tools to generate estimates and quotes for potential roofing projects. Seamlessly convert accepted estimates into invoices without any hassle or excessive manual data entry required - saving you both time and effort.

Financial Reporting

Generate comprehensive financial reports like profit and loss statements, balance sheets and cash flow statements that provide invaluable insights into the overall financial performance of your roofing business. You can use this information to identify areas for improvement and make sound strategic decisions.

Tax Preparation

Simplify tax preparation by organising all relevant financial data within QuickBooks. Generate accurate tax reports effortlessly while ensuring you comply with all your regulations. QuickBooks also has the capability to connect with tax filing software, making the process of filing your taxes far more efficient and reducing the chances of any errors you may make as a novice.

Employee Management

For businesses with employees, QuickBooks provides features for managing payroll. This includes automating payroll calculations, keeping track of employee hours and facilitating direct deposits. By ensuring timely and accurate processing of payroll, you can maintain employee satisfaction and comply with all relevant labour laws.

QuickBooks Mobile

With the QuickBooks mobile app, you can access your account from anywhere at any time. This allows you to stay connected to your business finances while on the go. You can track expenses, send invoices and reconcile transactions all from your smartphone.

Third Party App Integration

QuickBooks offers integration with hundreds of third party apps and tools. By integrating with project management software, payment processing tools and CRM systems, you can enhance what you get out of QuickBooks and streamline your overall workflow. This creates a cohesive ecosystem for your business operations as you grow. 

Sign up for QuickBooks Online Today 

Ready to grow your roofing business from the ground up? Then you’ll need a reliable financial tool to help you manage your changing business needs. Enter QuickBooks Online - a powerful software designed to help you control all aspects of your business, from invoicing to tax preparation. 

Sign up for QuickBooks Online today to give yourself the best possible chance of succeeding in the roofing industry. 

FAQs


Related Articles

Looking for something else?

Get QuickBooks

Smart features made for your business. We've got you covered.

Help Me Choose

Use our product selector to find the best accounting software for you.

QuickBooks Support

Get help with QuickBooks. Find articles, video tutorials, and more.

Stay up-to-date with the latest small business insights and trends!


Sign up for our quarterly newsletter and receive educational and interesting content straight to your inbox.

Want more? Visit our tools and templates!

By signing up you are agreeing to our terms and privacy policy.

A happy small business owner signing up for the QuickBooks newsletter on laptop