Starting a professional cleaning business is a great way to earn a profitable income. It truly is a great business with virtually limitless potential for growth. There are many things you need to know about starting a cleaning business. Here are some things you should have before you start.
A Solid Business Plan
Every business needs a business plan to be successful. You will need to take the time to create a valid and solid business plan. Include things like your goals, funding, what services you will offer, and fees. The more details you can include in your plan the better. Having a solid plan will give you an outline to follow when starting your business.
A Catchy Business Name
It may not seem like a big priority, but it will help you get business. Having a catchy business name can make you stand out. It will help with your marketing and customer acquisition. Spend time choosing a solid and catchy name before you start your business.
Basic Cleaning Supplies
One of the most important things you are going to need is your basic cleaning supplies. Things like mops, brooms, sponges, gloves, cleaners, etc.
You are going to want to build a relationship with a supplier of these supplies. Develop a business account that usually includes discounts for buying in volume. Make sure to seek out high-quality products that will give you the best results. The biggest bang for your buck.
Know Your Market
Do some research before you begin on what market you want to target. Do you want to clean homes for people? Do you only want to clean commercial properties? Knowing this information will help you find your market. Develop advertising for your specific market.
Set Your Rates
You will need to develop an outline of your rates. List all the services that you plan to offer your clients. Then figure out what you want to charge. Do not differ from these rates. Research your rates with other companies in your market. Make sure you are not charging too much or too little.
You will need to set up a business bank account with your local bank. This will provide you a way to secure your money, income and expenses. You will want to make sure your money is secure. It will make for better and more efficient money management on your end.
License & Permits
Every state and city is different when it comes to license and permit requirements. You will want to check with your state and city to make sure you have all the required documents to operate. Getting those before you start your business is important. You do not want to operate your business illegally.
There may be a couple of different insurances you will need for your business. If you have employees, you will need worker’s compensation insurance. This will cover them if they get injuries while working for you. You will also need to make sure you have liability insurance. This will cover the property you are cleaning. In case something happens while you are cleaning the business. It will keep your business protected from property liability.
You will need to pay taxes on the money you earn from your business. It may be best to hire an accountant to handle this part of your business. They will have all the knowledge needed to make sure you have your taxes paid. They can also file any tax paperwork needed for your business with the state and government.
Get a Lawyer
We will hope that you never need a lawyer, but it is important to have one just in case. Create a relationship with a lawyer you trust that you can contact if needed. You shouldn’t have to pay them unless you need them, but you will have one ready to go if ever needed.
You will need a good marketing strategy plan. Spend some time getting to know your specific target market. What do your competitors do that works? What do they do that doesn’t work? What can you improve on? This is a great way to compare and create a winning strategy. Spend some money upfront on marketing to get your business out there and seen by customers.
Invest in Big Equipment
You may be able to start your business with general cleaning supplies. Depending on your contracts you may not need any big equipment. Investing in big equipment can help grow your business though. For example, getting a floor buffer will add a big-ticket item to your services. You could get new clients based on the new services you have added and be able to charge more.
You will need some money to get started with. Consider your finances first. You may need to seek out a loan of financing options. Research these options and choose the best for your business. Having cash on hand will help you avoid any stalls in service. You may have to spend more at the beginning than you make, prepare for that.
Is Starting a Cleaning Business Right for Me?
There are a lot of things to consider when starting a cleaning business. These above items are a good place to start for putting together a thorough checklist while deciding whether or not to open a cleaning business. Cleaning businesses are a great way to have your own business and make profits. Make sure to do your homework and prepare before you start your business.
When the time is right and you’re ready to take your cleaning business to the next level, call us to find out more about franchise opportunities.