Is Pressure Washing a Good Business to Start?
Many people dream of starting their own business and working for themselves. If you are physically fit and filled with energy you may find yourself wondering Is pressure washing a good business to start? The answer to that question depends on several things including:
Do You Need Experience In Power Washing?
It only takes a few minutes to learn the basics of using a pressure washer equipment, however learning to power wash various surfaces and objects i.e. driveways, residences, commercial buildings, vehicles, tents etc. takes time to learn how to do correctly. If you lack experience and proper training in pressure washing you will need to take the time to get the proper training you need. Getting training will also allow you to discover if this is really a career you want to do for the next several years.It is possible to get training in one type of pressure washing such as driveways and then start your own small driveway pressure washing business while you continue to gain more experience in other pressure washing areas so you can grow your business.
Do You Have the Necessary Money for Your Start Up Costs?
While it is possible to start a pressure washing business without a great deal of capital you will still have some start up costs. Not only will you need to purchase the actual pressure washing equipment and water tank, nozzles and chemicals for cleaning, but you will also need a vehicle to haul such equipment. In addition you will need money for the license and permit fees, liability insurance, Transportation costs, and fuel and maintenance costs until your business begins making a profit.You can keep some of your costs down by purchasing used or refurbished power washing equipment and other needed equipment and by starting extremely small and putting most of your initial earnings into building the business but you will still need several thousand dollars to start you business.
Whether you have money to buy or not, you still should consider financing pressure washing equipment, because more businesses fail not because they paid interest on their equipment, but rather they ran out of working capital.
How Do You Plan To Acquire Customers?
You are also going to need to have a plan for acquiring customers. You may need to go door to door, send out pamphlets, advertise on billboards and in the local paper or online, or use social media. Keep in mind that acquiring customers will add cost to the start up of your pressure washing business.
If you are serious about starting your own pressure washer business you are going to want to spend some time doing some research. Find out how many other pressure washing companies are in the immediate area, the cost of all the necessary equipment and other expenses and the amount of revenue you will have to charge for each job to make a profit and still be competitive.
Taking the time to set up a business plan will give you a blueprint to follow to help you decide if the power washing business is a good business for you to start and give you a clear path on achieving your goal.
Still not sure? The info-graphic may help you decide even if starting a business is a good idea.
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