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AMERICAN
GOLD PLATING EQUIPMENT & SUPPLIES
FIRST LEVEL
What do I
need to know to get started?
THE FIRST LEVEL GIVES A
PERSON NEW TO GOLD PLATING, BASIC INFORMATION ON HOW TO GO ABOUT GETTING INTO THE
AUTOMOTIVE GOLD PLATING BUSINESS.
If you are NEW to Gold
Plating, we suggest you print this page and refer back to it.
PLEASE NOTE: The
FIRST LEVEL is MANY pages long and it is expected to grow.
- The FIRST LEVEL is of
importance to people considering going into Gold Plating.
- It is hard to read
information from a computer monitor. American Gold suggests you print these pages and read
them from paper. This will give you a copy for future reference as well.
The FIRST LEVEL gives you
the most information and gives you a direction that you may, or may not, choose to use.
As a BUSINESS OPPORTUNITY,
Gold Plating of Automotive items offers an ideal source of PART-TIME income with a low
initial start up costs. This Business Opportunity does not have FRANCHISE FEES and or
ROYALTY FEES. You can grow at your pace.
GOLD PLATING can develop
into FULL TIME WORK, over time.
EXACTLY WHAT
IS GOLD PLATED ON VEHICLES?
Gold Plating of Automotive
SCRIPTS, HOOD ORNAMENTS, TRUNK DECK LOCKS, GRILLS, WHEELS, and so on, is common in a
growing number of areas.
Typically, the descriptive
words on a vehicle are what people Gold Plate. Words such as "Cadillac, Toyota,
Lincoln" and so on. Plus specific model designations such as "SedanDeVille,
DeVille, Continental, DX, LX, ETC" and so on.
In the trade, these are
called either SCRIPTS because they were commonly done in a script writing style.
Emblems are slightly
different but the words have become interchangeable in the descriptions of the items
people gold plate.
Gold Plating the Hood
Ornaments were very popular on Cadillac vehicles as well as a number of Lincoln Vehicles.
May new vehicles do not have a Hood Ornament. Others do not have the Trunk Lock Cover like
the older luxury cars did.
The primary prospect for
Gold Plating is the gold plating of the scripts and emblems on the vehicles.
Larger items such as Grills
or Wheels are occasionally gold plated. However, this is usually done in a tank plating
system. As the name implies, there are an assortment of LARGE 33 GALLON tanks and this
system requires a substantially larger investment in equipment, supplies, plus a suitable
building to hold all of the equipment. Tank Plating is profitable. However, tank plating
is not as logical as the broader based "BRUSH PLATING" is, for most people. Tank
plating is a three (3) step process, with at least three rinse steps.
That should give you a
basic idea of the items on a vehicle that are Gold Plated.
GOLD PLATING
HISTORY.
Several items of a
HISTORICAL NATURE to point out. This historical information will help you understand the
market and marketplace of Gold Plating within the Automotive Industry.
The initial popularity of
Gold Plating was on the Luxury Vehicles. Particularly CADILLAC. Later, some Lincoln
vehicles. In the past, the common way to get the scripts gold plated was to remove the
scripts from the vehicle, along with the Hood Ornaments and Trunk Lock Covers, if any.
The Car Dealer or assorted
companies servicing Car Dealers would send the scripts in to one of a multiple number of
companies to have the chrome scripts Gold Plated in the TANK PLATING system and returned
to the Car Dealer or Car Dealer servicing company. Finally, the scripts would go back onto
the vehicle. As you can expect this would take time with the shipping periods and the
actual time it took to do the gold plating.
It was common for the Car
Dealer or the companies servicing Car Dealers to OWN one or more sets of scripts as CORES.
The Car Dealer or the Car Dealers servicing company would have the CORES already Gold
Plated.
When they needed to install
a GOLD PACKAGE on a Cadillac, they already have the CORE Gold Plated. It was a simple
matter of removing the chrome scripts on the vehicle and replacing them with the Gold
Plated Scripts they had, IN-STOCK.
The actual job of removing
the chrome script/emblem and replacing them with GOLD PLATED CORES was FAST. And, if you
are servicing one car brand, such as Cadillac, the time saved by having GOLD PLATED CORES
in your service vehicle, can more than off set the minimal difference in cost between your
doing the work or having TANK PLATED CORES ready to go.
Then, they would take the
chrome scripts they removed and send them in for Gold Plating. Occasionally, the person
removing the chrome scripts, would break one of the chrome scripts and need to have a
replacement. This added to the cost.
If a location did a lot of
Gold Packages, they would keep a number of script sets already Gold Plated, IN-STOCK.
As a part of the service of
gold plating the chrome scripts, the gold plating company had to scrape the adhesive
backings off of the scripts that were removed from the vehicles. To get the adhesive
backing material off of the scripts was, and still is, a time consuming process.
Then, the gold plating
company had to reattach a new BACKING on the script. The OLD BACKING was not acceptable
because it was always damaged when the script was removed from the vehicle.
Getting NEW BACKINGS added
an expense for the TANK TYPE gold plating company. The TANK TYPE gold plating company may
have purchased an expensive DIE to cut the backings out of backing material with adhesive
on it and release paper.
Each separate script
required its own special backing die. This is a cost of doing business. The point of the
cost and the general focus on Cadillac vehicles hinges on several points.
- First, a Cadillac was a TOP
OF THE LINE Vehicle.
- Second, many Cadillac
scripts remained the same for different models and different model years. One DIE
investment could go a long way.
- Gold seemed appropriate on
the Cadillac vehicle.
- And, to the extent Cadillac
was popular, the gold plating company would spend money to have the dies made and be able
to use the expensive dies for years and years.
If you wanted to have a
script from another vehicle plated, getting backings was a problem. It was common in the
industry to work with a sharp razor knife to cut out the backings manually. This extra
manual process was time consuming, very tedious and accordingly, expensive.
Getting employees to do the
work of cutting special vehicle backings, was a problem. Cuts on hands was, and still is,
an occupational hazard of TANK PLATING SCRIPTS for non common vehicles. It was, and is,
hard work and errors could damage the chrome script which increased the gold plating
companies costs and cut into the profits.
That was back in the
early 1990's. The Gold Plating market changed with the introduction of the mobile
"brush type Gold Plating" machines in 1992, because virtually anyone could turn
the chrome scripts on the vehicles to gold, WITHOUT removing them from the vehicle. This
changed everything.
- The TIME DELAY in removing,
shipping, plating, reshipping and installation, dropped off. The time savings was
particularly important for restylers / detailers who had a wide assortment of vehicles who
could drive in and want to have Gold plating done, NOW.
- The concern over BACKINGS
ended when the work was done on the vehicle.
- The loss of profit because
of broken pieces stopped when the work was done on the vehicle.
- The ability to quickly gold
plate a variety of vehicles started when the work was done while the chrome scripts were
turned to gold while the scripts were still on the vehicle.
It is fair to say that
there are New Car Dealers today who still send scripts out to be Gold Plated in the Tank
Plating system.
It is fair to say
that there are New Car Dealers today who do their own Gold Plating.
- There are regular advertisements in CAR
DEALER TRADE publications offering Gold Plating Systems direct to the New and Used Car
Dealers.
- It is fair to say there is still a market
for you to make money offering Gold Plating.
New Car Dealers sold Rustproofing back in
the Early 1970's. Ziebart was selling Rustproofing back then too. Today, both still exist.
Ziebart has expanded their offerings of services to the New Car and used Vehicle owner.
Back in the early 1970's the Ziebart
Franchises made a living by doing the Rustproofing on vehicles where the New Car Dealers
did not get the sale to the New Car Buyer. Today, you have the same type of potential to
make money by Gold Plating the scripts and emblems on NEW CARS as well as a wide variety
of other chrome surfaces.
The individual who is a NEW and or USED
Vehicle owner, will make up your list of prospects and customers.
Plus, RUSTPROOFING which comes with a
WARRANTY, (particularly common in the rust belt) was limited to sales to NEW VEHICLE
owners and USED vehicles less than a few years old.
Gold Plating is popular on vehicles of all
ages. Older vehicles can occasionally provide a challenge to a Gold Plater, but it is
still a money making opportunity to a broad base of people. We give complete details on
how to do Gold Plating on the older vehicles as well as how to FIX worn gold.
MOBILE Gold Plating has grown dramatically
in popularity in the few years since it started in 1992. There are literally hundreds of
these types of MOBILE Gold Plating machines in use today, in virtually every State,
Country and City within the USA and many Foreign Countries as well.
It is logical to say that the majority of
them are in areas with a density of population. The more people you have in an area, the
more vehicles they are likely to own and, potentially the greater the goal to be VAIN.
Vanity sells.
I knew a person in Chicago who worked as a
Limousine Driver and had a part time business of installing a number of aftermarket
automotive accessories. The aftermarket accessories list he offered continued to grow.
At one point, this person had several cores
of Gold Plated emblems that he sold to Toyota Dealers. The point is simple. this person
kept his regular job and did Automotive Accessories on a PART TIME INCOME basis. He
operated his office out of his apartment and his work vehicle was his personal car. The
business grew from ZERO SALES to a two person operation in a few short years.
- You can make money in Gold Plating.
- Gold Plating is a good BUSINESS OPPORTUNITY.
- However, you must be objective and
realistic.
- Do not get swept up into GOLD FEVER.
If you owned an automotive industry
business like a profitable Detailing Shop or a profitable Customizing Shop, you would see
a profit in about 30 days because as a Detailing or Customizing Shop owner, you would
already have customers coming to you for work.
Gold Plating of Automotive SCRIPTS, HOOD
ORNAMENTS, TRUNK DECK LOCKS and so on, are the most common items to Gold Plate in a
growing number of areas.
The descriptive words on a vehicle, such as
"Cadillac, Toyota, Lincoln" and so on are the scripts. Plus specific model
designations such as "SedanDeVille, DeVille, Continental, DX, LX, ETC" and so
on.
EMBLEMS are different. In any event, the
chrome adornments are what people pay to have Gold Plated.
The primary prospect for Gold Plating is
the gold plating of the scripts and emblems on the vehicles. This is where the money is.
Larger items such as Grills or Wheels are
occasionally gold plated. However, this is usually done in a tank plating system. As the
name implies, there are an assortment of tanks and this system requires a substantially
larger investment in equipment, supplies plus a suitable building to hold all of the
equipment. Tank Plating is profitable. Tank plating is a three (3) step process.
That should give you a basic idea of the
history of Gold Plating of scripts on vehicles.
- To a point, you should realize by now that
the primary market is to Gold Plate scripts on VEHICLES.
- Because a "brush plating system"
can do virtually any chrome scripts while the scripts are still on a vehicle, you can see
where this widens the sales potential for you.
- Although Car Dealers may already do the Gold
Plating work or have another supplier who does the Gold Plating work, there is a potential
for income.
WHAT ABOUT INCOME?
It is profitable to do Gold Plating.
Without getting into exact details, saying it is profitable is enough for now.
How you have to go to the market of
offering Gold Plating, and what that takes is important to point out.
Because you are in the FIRST LEVEL, you
would fit into the category of an individual without much, if any, experience in the
Automotive Industry. You do not have a restyling shop and or a detail shop and are
unfamiliar with offering such services to consumers.
This is not unusual or uncommon. Everyone
has to start at one point or another.
What is important to point out is you do
not have any existing customers who come to you for Restyling Work or Customizing work on
their vehicles now.
Before you can sell anything, you need to
have people you can sell to.
Without an existing automotive accessory
business with existing customers, it will take you time to develop your business.
- If you do not live in a large city,
your potential income will be smaller.
- One person I know of in a town of just
under 10,000 people, makes $3,000.00 a year, working part time. $3,000 is a nice
supplement to his regular income. The $3,000 income paid off the entire start-up expense,
and made a PROFIT too.
To determine the income potential, you can
do research in your area. Where you live makes a difference.
- If you live in a rural town of 10,000 or so,
figure $3,000 is a fair amount of income on a part time basis.
- If you live in a suburb of a larger city,
you can figure you will make more, on a part time basis.
- With Gold Plating, you can start part time
and expand when your sales are such that you are able to make enough money to survive.
- Some people are in Colder climates and
consider Gold plating as a "Seasonal Part-time Job."
For all practical purposes, New Car
Dealers, in almost every area, have an assortment of businesses and individuals who own
their own restyling business and or customizing business coming to the New Car Dealer to
offer a wide variety of Services. Gold Plating, is just one of the services they usually
offer.
One substantial restyler I know of in the
New York City area owns several VEHICLE TRANSPORTERS. This company sends a vehicle
transporter for vehicles, like the kind you see hauling vehicles to New Car Dealers on the
highway. With the transporter, they can haul vehicles a long distance without adding miles
to the NEW CAR. The transporter drops off a restyled vehicle or so and picks up other
vehicles to be restyled and hauls them back to the shop for modification. This particular
operator covers a 3 state area. This would qualify as a major "Car Dealer Service
Company."
Many others I know of all over the US,
drive the vehicles from the New Car Dealers in their local area to their shop to do the
work on the vehicles and then drive them back. This would qualify as a "Car Dealer
Service Company" too.
There are these types of companies all over
the USA currently in operation servicing the New Car Dealers and some Used Car Dealers.
The "Car Dealers Service Company"
I referred to earlier can offer a small amount of customizing of vehicles including
installing Sunroofs, Simulated Convertible Tops, and many other customizing treatments for
vehicles.
It is particularly hard for an individual
to break into this type of competitive business atmosphere.
This is not to say it is impossible, it is
to say it is probably an impracticable way for you to go to make any money with Gold
Plating.
We would strongly suggest you keep your
current job, and consider Gold Plating as a PART-TIME business while you build your own
business and generate INCOME.
There is a potential opportunity for you to
start a business of Gold Plating scripts on vehicles. You would have to start by
"WORD OF MOUTH" in your area that you offer the service. I expect you would have
to do the work in your garage or similar area. I know of some people who do the work
OUTSIDE where they live in moderate temperature areas. If you are in colder climates, you
will need to be able to get inside a structure to do the work.
You will need advertising and promotions.
You will need to tell others about what you can do for them. It is reasonable to expect
you will have under $250 wrapped up in producing business cards, letterhead, invoice
books, POSTERS and so on. If you own the computer you are using to read this WEB PAGE, you
can make use of an assortment of accounting programs to help you manage your business.
While we are not TAX ADVISORS, we would
suggest you discuss the idea of running a business with a professional who can help you
set up your business legally. The stories we hear say the IRS is particularly interested
in individuals who claim BUSINESS USE OF A RESIDENCE as a TAX write off. We strongly
suggest you consult with a TAX ADVISOR on this matter.
We strongly suggest you seek the assistance
of a professional in your area to help you with that portion of setting up your business.
A program called "Quick Books" from a company called "Quicken" may
help you in processing your accounting and later the accounting information from within
"quick books" may help you in filing your taxes through another program they
sell called "Turbo Tax for Business."
You will be able to save the added expense
of having a Restyling Shop, including RENT, plus added utilities plus some business
insurance, if you work out of your house. The same may be true if you work out of your
garage. Working out of your garage which you use exclusively for the purpose of running
your business, may offer you a TAX DEDUCTION. However, with few sales and little profit,
the IRS is not likely to accept a large write off. However, be sure to check with your TAX
ADVISOR, we are not offering TAX ADVICE.
Based on your doing the work out of your
house, it is likely the people will not want to pay you as much as they may be willing to
pay a local Restyler or Customizer for the same work.
With the lower operational costs of working
out of your house or garage, you may be able to accept the smaller income. However,
remember, your time is valuable. And, cutting price means you are likely to find the
Restyling Shop and Customizing Shop cutting their prices too. Eventually no one will make
money.
A side benefit of going into the Gold
Plating business on a small scale is your ability to grow into offering additional items
at some point in the future.
RETURN ON INVESTMENT.
Your tax advisor should discuss the idea of
a return of your investment in equipment and supplies to go into Gold Plating. A realistic
projection is what you should have. To get a realistic projection, you have an assortment
of factors to consider. Typically, people starting in business do not consider their time
into the cost of the work. I know many people who do it exactly the same way.
- EQUIPMENT COST. Before you can figure out
the return on your investment, you must know what the equipment will cost.
- COST OF CONSUMABLE SUPPLIES. These are the
chemicals and other supplies you would consume in doing the work.
- ACTUAL PROFITS. To understand a return on
investment, you must understand it will take SALES to make the income. Income projections
without realistic SALES PROJECTIONS your expected return on investment will take a long
time to achieve. In simple terms, you will need to have CUSTOMERS who are willing to pay
you for your services. Friends who want to have Gold on their vehicles, are not real
customers.
To use a simple example, I will use a
hypothetical figure of $1,000 for equipment and start up supplies cost for the project.
Obviously, the equipment will last for many jobs. The supplies will be consumed.
We will hypothetically say the average work
will produce a invoice for $100 and the cost of materials to do that work is $50.
In this hypothetical example, there is a
profit of $50 per job. At a profit of $50 per job and a start up cost of $1,000 (with no
allowance for additional overhead of any kind, because you would work out of your house or
garage) you would need to do 20 jobs just to get your initial $1,000 back.
With 20 hypothetical jobs at a invoice of
$100, you would have (20X$100) $2,000 in sales and $1,000 in profit.
With 20 hypothetical jobs at a invoice of
$200, you would have (20X$200) $4,000 in sales and $3,000 in profit. This assumes you have
the same cost per job at $50 and just charge more.
WHAT YOU CHARGE
CAN MAKE A HUGE DIFFERENCE
IN YOUR PROFITS.
The figures used above are
just an example of COSTS & PROFITS, not costs and or profits from GOLD PLATING.
For prices of our different
Gold Plating equipment, you can check the HOME PAGE or go to the ORDER FORM.
Gold Plating is PROFITABLE.
TO SURVIVE, A BUSINESS MUST
MAKE PROFITS
- The price you charge can make a huge
difference in your profitability!
- Only PROFITABLE business survive!
Several questions.
- Do you know 20 people today where you
already know they want their scripts Gold Plated?
- If you do not know 20 today, how long will
it take you to find 20 who do?
If you do not know 20 now, it will probably
take longer than you think it will to find 20. If you live in a rural setting, it will
take a lot longer.
If you do not have a customer base today,
you are starting from ZERO.
From ZERO it takes time to build customers.
From ZERO in the city, you will have sales
potential based on the sheer number of people living in a large area.
From ZERO in the country means you have a
smaller number of people to sell to and it will take you substantially longer to build
your business.
FROM ZERO, you need to have a realistic
business opportunity. What a realistic business opportunity means, in our opinion, is
simple.
- You MUST live in a large metropolitan area.
A city with a population of 50,000 is probably a minimum size town. The exception is when
you live in a small suburb of a really large metropolitan area/town. In a really large
town, there are probably already a number of people offering Gold Plating Services. Check
in your area and find out.
- You MUST have an outside source of INCOME
(another job) which will provide you with enough money to LIVE ON while you develop your
Gold Plating business.
Without living in a large city, there is
simply not enough sales potential for you to make much money. In a town of 10,000 people,
there is just to limited a number of people to offer Gold Plating to for you to survive,
and or, to make a living off of Gold Plating.
If you live in an area where you are
in-between two large cities, say 30 miles from each, you may have a chance to grow a
business. However, in cities of 50,000 or more, there is a high probability to find
Restylers and Customizers who offer Gold Plating.
- BEFORE YOU SPEND ANY MONEY ON ANY MACHINE
FROM ANY SOURCE, YOU MUST CHECK OUT THE REALISTIC SALES POTENTIAL IN YOUR AREA.
- IF YOU WAIT UNTIL AFTER YOU HAVE YOUR
EQUIPMENT TO CHECK THE REALITY OF YOUR LOCAL MARKET, YOU MAY FIND YOU MADE AN ERROR AND
WILL WIND UP WITH AN OUT OF POCKET LOSS! THERE IS NOT MUCH OF A MARKET FOR UNUSED OR USED
MOBILE GOLD PLATING MACHINES.
This is why we strongly
recommend you keep your current job.
The reason to bring this is up not to scare
you out of going into business. We want you to get into a potentially profitable business.
If you live in a small town, you are not as likely to make money on Gold Plating as you
are in some other way. Before you make any decision, check into your local market,
checking now can save you money later!
- Check the local YELLOW PAGES for listings of
Automotive Accessory companies. Who are the Detailers Shops and Customers Shops in YOUR
AREA. If you do not find any, perhaps there is a reason, LIMITED SALES POTENTIAL.
- If you find MOBILE INSTALLERS, figure they
are potentially going to be able to offer Gold Plating to the Car Dealers in your area.
HOW DO MOBILE INSTALLERS DO
THEIR WORK?
Mobile Installers frequently operate out of
their home, working in, or out of, a VAN. Working out of a VAN makes sense for a MOBILE
installer. The VAN means their shop goes with them to each job. It is a plus to have
everything you need in one place, like a shop.
With Mobile Gold Plating, the assorted Gold
Plating Equipment & Supplies can fit into a small car. So, it is not necessary for you
to spend money to purchase a van to do the work. This can keep your costs down and your
PROFITS UP.
GOLD PLATING CHEMICALS should not FREEZE.
If you operate in the colder climates, you need to figure out a system so you can remove
ALL items that can be damaged by cold every night. This may mean parking in a heated
garage or toting all products that can freeze into the house each night.
It is possible to offer a MOBILE
installation center of your own. I know people who operate out of a compact car, doing
restyling and customizing work, including gold plating, after they finish their DAY JOB.
In many operations, the spouse gets the
calls for restyling and customizing work, including gold plating, during the day and
schedules the work to be done later that night or at another time.
Many operations started this way and many
still operate this way today, PROFITABLY.
If you were to decide to offer a mobile
operation, you may be able to broaden your market area. However, remember, people like
doing business with people they know and like. And, some of the potential dealer customers
may not be able to work with an evening schedule, or whenever you get off of work. You may
be able to go to an individuals home and do the Gold Plating work in their drive.
The owners of many restyling business I
know of work for a large company, such as a General Motors assembly plant, on an AFTERNOON
or a MIDNIGHT SHIFT and gets to the shop about in the morning. These are not new shops,
the shops have run this way for years. Even after running a profitable shop for years, the
owners keep their job with the large companies, like General Motors.
Still another idea may be for you to start
small in a car. As we mentioned earlier, Mobile Gold Plating Equipment & Supplies can
fit into a small car. So, it is not necessary for you to spend money to purchase a van to
do the work. Keeping your costs down and your PROFITS UP. Then, eventually you may
grow to the point you have a portion of your operation in a large VAN or even a bigger
STEP VAN type of vehicle. In a bigger vehicle you can carry an assortment of universally
popular and universal fitting accessories you can install on almost any vehicle.
- Typically the VAN will not require
COMMERCIAL license plates or COMMERCIAL insurance.This can make your start up, or growing
expense, lower.
- The STEP VAN (looks like a BREAD truck or
POTATO CHIP truck) type vehicles generally require COMMERCIAL plates and COMMERCIAL
Insurance. This can get expensive.
If you use your personal vehicle for
business, there are some tax advantages. For more information on this, see your
accountant.
If you are making money, the larger vehicle
will let you carry more and organize what you carry better. So, at that point, when you
are making money, the expense is of a lesser importance.
I purchased a small (short) aluminum step
van from the Chicago area back in 1986. As I recall, I paid under $1,000 for it. The cargo
area was just 6 feet long. I drove it everywhere. When I used it on the road, I had it in
6 different states. The vehicle was easy to maneuver into small parking spots in the
Import Car Dealers parking lots.The FULL SIZE Chevrolet Van I owned was harder to park.
The aluminum step van is a 1971 model with a 6 cylinder Chevrolet engine and Chevrolet
chassis parts. Service was, and is, SIMPLE. The inside had shelving on the sides and it
was IDEAL for running a small Gold Plating and Restyling and Customizing operation out of.
It could carry everything I would need and more. Being aluminum, it did not show rust and
I knew my investment would last for years and years. I still have the aluminum step van.
IF YOU USE A VEHICLE IN YOUR
BUSINESS,
KEEP ALL RECEIPTS FOR THAT
VEHICLE.
We are not a TAX ADVISOR, and we are not
giving TAX ADVICE. We are aware that there are several TAX ADVANTAGES when operating a
vehicle and running a business. Depreciation is one. Expensing the vehicle at a rate of so
many cents per mile is another. The IRS changes the rules and rates so you need to check
and verify this information.
To the extent you use a vehicle for
business use, the IRS will allow you, we are told, 31.5 cents per mile in 1997, while
being used for business use, to cover the operational costs of the vehicle. If you get a
vehicle and set it up as your MOBILE SHOP (you must keep a written records of all trips
and use of the vehicle) you can figure out the total miles per year, based on your written
records, and multiply that number of miles against that years allowed amount.
If the rate per mile is 31.5 cents a mile
and you drive the vehicle 2,500 miles during a year for WORK and in SALES TRIPS to
generate work, you can write off the appropriate amount. At 31.5 cents per mile times
2,500 miles, it equals a $787.50 business expense deduction.
Be aware, the mileage rate the IRS allows
includes all MAINTENANCE on the vehicle. Remember, you must keep accurate records if you
expect to use this TAX BREAK. Without accurate records, you may have the deduction
DISALLOWED, by the IRS, during an AUDIT.
WE SUGGEST YOU CHECK WITH A
TAX ADVISOR
ON ALL TAX MATTERS.
How much money you make doing Gold Plating
hinges on many different factors. Your location is important, the people you know is
important and how you go to market is important to.
- Again, I know of a person in town of
approximately 10,000 making $3,000 a year doing part time work after they get off of their
REGULAR JOB.
- Others who have an existing Automotive
Accessory Shop do better. On average, $10,000 a year in extra income is typical.
- There are others who work at it full time,
with a large following of customers in the automotive industry, such as Car Dealers, and
so on. These people make more.
You have to figure out exactly where you
are in that description. That will give you an idea of the type of money you can make.
The primary way to make money is by doing
Automotive Scripts. This is what people are willing to pay for.
There are occasionally jobs that you may
get because people learn you do Gold Plating. These are generally NOVELTY items.
Plumbing fixtures is one of the novelty
items. Businesses already exist to TANK PLATE, and give a special TEMPERATURE BASED
exterior coating on, and GUARANTEE the quality of their work, on plumbing fixtures. It is
not to say you would NEVER have an opportunity to Gold Plate a plumbing fixture. What it
says is you are not likely to get any work like that. Plus, what work you get will
probably wind up being a larger problem for you.
Popular Science ran a recent article about
plumbing manufacturers who are putting a gold colored finish on some plumbing fixtures. I
can assure you they are not doing it with these types of mobile gold plating machines. You
can find out more about this Popular Science article in our Frequently Asked Questions
page.
I overheard a story that Oprah Winfrey
spent $25,000 during the Summer of 1997 to get a gold plated toilet. I do not know if this
is true or not. Even if it is, that seems to be a very small market. I am sure she did not
have a MOBILE GOLD PLATER come in and do the work! And, the $25,000 toilet is not a likely
market for you.
In all the years I have had Gold Plating
Equipment, no one asked me to gold plate any of their bath room fixtures for them, and
have had all of the equipment, for YEARS.
Gold Plating Bathroom fixtures is an
unrealistic sales area for you.
WHAT DOES THE EQUIPMENT COST
TO GET STARTED.
Please check a number of different pages.
We have pages showing each of the basic
Gold Plating systems we offer and they are linked to current pricing. To get to that
list keep gong to the bottom of the page.
We list current prices on our HOME PAGE or
got to the ORDER FORM for the current prices.
To go to the ORDER FORM, CLICK HERE.
Or, go onto the INTERMEDIATE LEVEL for more
information on Gold Plating now.
To go to the INTERMEDIATE LEVEL CLICK HERE
Or, check out our Mobile Gold Plating
Machines CLICK HERE
25 AMP " Mobile Type Brush Plating
System CLICK HERE
35 AMP " Mobile Type Brush Plating
System CLICK HERE
To check out the brush plating chemicals, CLICK HERE
To check out the Local supplies CLICK HERE
To check out the SPECIAL Gold Plating
supplies CLICK HERE
To go to the INTERMEDIATE LEVEL CLICK HERE
To go to the ADVANCED LEVEL CLICK HERE
To go to the TANK LEVEL CLICK HERE
To go to our GOLD PLATING INFORMATION PAGE,
CLICK HERE.
To go to our
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STARTING PAGE CLICK HERE
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