How to Start a Painting Business
Business Overview:
If providing a valuable service to others while running a lucrative business appeals to you, consider learning how to start a painting business of your own. As a commercial or house painting business owner, you will have the opportunity to run your business on a part-time or weekend-only basis or go all-out and run it full-time. You can also decide whether you want to do the work yourself for 100% profit or hire a staff to do the painting and build your business that way. Either way, starting a painting business can be a great step to financial and personal freedom. The good news is that when you first start a painting business, you don’t need all the bells and whistles you might eventually desire—tools, gadgets, and extras that make the job easier. You can start a painting business that is quite profitable with just the basics—a minimal investment—to ensure that you are keeping most of your profits. The extras will come when your business is up and running and your expendable income is growing. If all this sounds interesting to you, there are a few things you’ll want to know about how to start your own painting business. For one thing, you will definitely need a local license to operate your business, and you will want to have a solid business plan and liability insurance in place before you begin. Of course, some skill in painting and knowledge in painting techniques will turn this business idea into a professional venture. Finally, you will want to think about how you’ll get the word out about your business—after you build a reputation in the business you will likely have plenty of customers waiting for your services.
A Day in the Life of a Painting Business Owner:
Whether you operate your business alone or choose to hire employees can drastically change your daily tasks in this enterprise. Going it alone means you will begin each day by ensuring you have all the materials you need to complete your painting jobs for the day. You will also need to make sure that while you’re out painting all day your business is garnering more clients, so you will want to have advertising and a professional voicemail system taking messages for you. Having employees means that while you send your staff out to complete paint jobs, you will gather more work and keep close track of your business. In both cases, you will want to make sure you watch your profits and expenses closely to see that your business thrives.
About Your Customers:
Your customers will be anyone in need of painting, whether it’s a home or business owner. You can determine whether you want to take on customers who need outdoor painting or stick to only indoor work.
What You Need to Start:
- Painting supplies
- A vehicle to transport your work materials
- A business license
- Liability insurance
- Advertising capabilities
- A telephone answering machine
The Good:
- You can keep your business small or build it to a large-scale venture.
- Profits can be very high in this business.
- Painting is a service that is always in demand.
- Initial startup costs can be very reasonable.
The Bad:
- Taking on too many jobs that you can’t complete efficiently can affect your business’ reputation.
- It can be very difficult to hire and keep good painters so that you can expand your business using a team of painters.
Resources:
- Painting and Decorating Contractors of America
- Wikipedia on House Painters
- Bureau of Labor Statistics on Painters, Construction and Maintenance
About The Author
Templateify
Praesent nec tortor quam. Quisque ac malesuada augue. Sed dignissim gravida odio ut bibendum. Cras fermentum euismod turpis. Nunc nec diam ante, et faucibus ipsum. Etiam imperdiet mattis elit et molestie. Nulla feugiat mollis leo vel egestas. Pellentesque convallis
Abonați-vă la:
Postare comentarii (Atom)
0 comentarii