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. Even though people can handle the renovation of their homes when it comes to painting it can be overwhelming because of the cleaning that comes after it. Thus, house painting services are required of which you can start this business. You should consider reading this article for you to know more about starting painting business.
Before you start the business you have to determine its business structure. Your business can take the route of an independent contractor whereby you are in charge of everything. 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. If you find that work challenging, then you can seek partnership for your painting services whereby you work with another contractor to offer these services. It would help in making work easier. 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 would protect your finances from business debts.
When staring a painting business you never need any certifications. On the other hand, for you to offer the painting services you need a license. Hence, you need to consider your state laws concerning the registration of painting business. 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 you can be exposed to lead whereby certification helps to ensure that you know how to work in such environment safely.
You have to market your business for you to find clients. Hence, networking is necessary when starting such a business. You need to consider networking with other contractors who handle other services, for example, the plumbing contractor. It is great to network because both of you get to recommended one another whenever your services are required by the homeowners. It shows that your business is promoted through networking.
The painting businesses would need relatively low stating up costs. Whenever you are painting your home yourself you need the tools which are the same ones needed when starting a painting business. Still, you need a vehicle which can be van or truck to use it for transportation of painting tools for your business. You can start low and as your business grows you get to add other pieces of equipment and even set up an office. Conversely if you need to be utilized for painting services, then you have to obtain insurance for your business.