5 Lessons Learned:
Things You Need to Know When Starting Up a Painting Business
Painting is necessary whenever people renovate their homes which is happening mostly these days. People can renovate their homes, but it can be overwhelming for them to handle the painting services when you consider the home cleaning which follows it. Thus, house painting services are required of which you can start this business. You should get more info here on how to start such a business.
You have to select the best business structure for your painting services. Your company can start as an independent contractor of whereby everything about your business depends on you. Being independent contractor you are in charge of your business, and thus, everything concerning the costs involved and the amount you can charge for the services would be determined by you. You can decide to look for another contractor whereby you can start a partnership in your business if at all being independent contractor is challenging for you. It would be great since the work would be simple. On the other hand, you would need to register your business as the limited liability corporation when it grows because you need to protect your personal finances. It is excellent because through registration you protect your personal finances from the debts you might incur as a painting contractor.
Certifications are not required when starting a painting business. However, you need to be licensed for you to offer the services. Therefore, you need to register your business according to the laws of the states you are in. However, if you might work on buildings which were built before the year 1978 then you may need certification from Environmental Protection Agency. This is because in those buildings you might be exposed to lead, and thus, you need to know how to work safely in such environment.
For a painting business to get clients it has to be advertised. Therefore, you need networking when starting a painting business. You can network with contractors who would handle different home services needs, for example, the plumbing contractor. Networking with another kind of a contractor helps because you get to refer the contractor to the homes you visit and the other contractor gets to do the same with the homes they visit to offer the services. It indicates that through networking you get to advertise your painting business.
Low capital is required for your painting startup business. Whenever you are painting your home yourself you need the tools which are the same ones needed when starting a painting business. Again, when starting a painting business you need the van or truck to help in carrying the necessary tools. You can start low and as your business grows you get to add other pieces of equipment and even set up an office. However, your company should be insured for you to be hired by people.
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