This guide was made for painters who already know how to paint but want to start a business of their own. Maybe you’ve worked for a painting company for a while and you’re ready to break off on your own to make more money. If you haven’t done so already, you should list out the services offered. A painting business can offer a lot of different things to clients. For example, you might choose to focus on exterior painting or interior painting.
Instead, refine your procedures over time and use ongoing training to empower your employees to handle every situation. If you have an accountant, work with them to create a real-time view of your cash flow that you can check at any time. Even without a dedicated accountant, you can use a cash flow forecast to predict your cash needs for the upcoming week, month, or year.
Once click for info know that total cost, you need to add in your mark-up or your profit margin. I set up my companies to be an LLC, which is what I’d recommend. These don’t need to be anything fancy, of course, as long as they get the job done. Budget $100 altogether, though you probably won’t need that much. Sites like Upwork and Fiverr have smooth and easy hiring platforms for freelancers.
Always do your best work, ask for a review from every happy customer, and respond to all online reviews with a personal note. We recommend starting with one employee until you find that you need more. Questions and answers about starting, owning, and growing a small business only.
We’ve covered everything you need to know in our guide, so keep reading to get a handle on the key steps to take when starting a business as a painter. Are you ready to pour your heart and soul into your painting company? Starting any business is difficult, but for many, the benefits outweigh any of the trials and tribulations.