Thursday, October 18, 2007

Industry Potential

The Home Inventory Service (THIS) industry is relatively new; most home inventory service business owners have started their companies in the last 24-30 months. I have a database of approximately 300 firms in North America; I believe the total number of firms is between 450-500, but it's not easy to count since there is not currently a SIC code specifically for The Home Inventory Service (THIS) industry.

As for income and growth prospects, both are on the upswing. The most seasoned professionals conduct 1-3 home inventories per week, at an average price of $250-$300 (some areas are higher; some are lower). At that rate, you could expect to gross approximately $25,000-$30,000 a year (2 inventories/week x $275/average x 50 weeks = $27,500).


There are only a few dozen firms currently being operated as full-time ventures; as more individuals like yourself enter the business in the hopes of growing it to a full-time venture, the awareness of the industry will grow, and so will the income potential.

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