Business Overview:
If you’re the do-it-yourself type and are looking for a business that will help people and the environment, consider starting a mold removal business. Unfortunately, mold is a big problem these days. It can be caused by a number of things from flooding to poor insulation on doors, attics, windows and exterior walls. Wherever it comes from, it’s important to remove it as quickly as possible. Mold causes health issues ranging from eye irritation to serious respiratory problems like asthma. The health risks are much greater for infants, children and the elderly. To make matters worse for a homeowner, often mold is not covered under a standard homeowner’s insurance policy. A mold removal business offers an extremely valuable service to homeowners affected by this nasty fungus. Before you get too far, you should consider becoming certified in mold removal. Although it is not a requirement, it will give you a big edge over uncertified competitors. If you are not interested in becoming certified, you can always hire a crew to work for you who have their certifications. Once you and/or your staff are certified, it is time to purchase equipment. You will need testing equipment, wet vacuums, HEPA vacuums (High-Efficiency Particulate Air) and disposal supplies. When you consider how to market your business, you should talk to local insurance companies. Often a homeowner will call their agent first to see what their policy covers. Being on agents’ referral lists will be a great way to get customers in your doors. Home inspectors are another group you should talk to since they discover mold issues when buyers hire them. A third option is to work with established decontamination businesses to perform the mold removal duties for their clients. Mold removal is one of the most high-demand home improvement business ideas available to a hands-on entrepreneur. With excellent skills and customer service, you might soon need to add to your fleet and hire additional technicians to handle the work load.
A Day in the Life of a Mold Removal Business Owner:
Your day will begin with a check of your appointments. You or your staff will meet the clients at their homes, properties or offices, give estimates and complete mold removal services. If you have a staff handling the jobs, you will concentrate your efforts on marketing your business and forming partnerships.
About Your Customers:
Your customers will be homeowners, property managers or office managers who need high quality mold removal services.
What You Need to Start:
- Business plan
- Marketing plan
- Staff (optional)
- Equipment
- Truck or van
- Certification
- Computer with finance software
The Good:
- Mold will always be a problem so this business will always be in demand.
- Partnerships with home inspectors, insurance agents and other businesses will help you get customers.
- You can charge top dollar for mold removal services.
- It is rewarding to help making a living or working space healthy for its inhabitants.
- You can hire mold removal technicians to do the jobs while you concentrate on marketing the business.
The Bad:
- The start-up investment is relatively large.
- The work is labor intensive.
Resources:
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