BUSINESS STages
Why Are You Going to Start a Painting Business?
Why Are You Going to Start a Painting Business?
Why Are You Going to Start a Painting Business?
There are so many reasons to start a painting business. Seemingly the most common reason is that, you just sort of fell into it haha! Working for a painting company for years and decided you'd rather work for yourself than make all that money for someone else... Whatever the reason, there are ways to make money quickly or crash and burn. Hopefully we can help avoid the crash and burn.
Equipment Needed
Why Are You Going to Start a Painting Business?
Why Are You Going to Start a Painting Business?
We can help figure out the easiest (least expensive) way to get your business up and running. It's pretty common for any tradesperson starting a business to be running as lean as possible until they have some money to put back into the company.
Getting Work
Why Are You Going to Start a Painting Business?
Completing The Work
Every business needs a sound marketing plan in order to survive. If you wing it, like many do, it will be a strugglefest and will just lead to high highs when you hit a few homeruns in a row, then very low lows when you can't seem to string anything together.
Completing The Work
After The Job is Done
Completing The Work
You should always do clean work. Even if the job calls for a "blow and go" type budget, you should still leave a clean project behind. Referrals and repeat business will compound over time and at some point you could have hundreds of thousands of dollars in business that just comes to you. Make sure you complete what's in your agreement a
You should always do clean work. Even if the job calls for a "blow and go" type budget, you should still leave a clean project behind. Referrals and repeat business will compound over time and at some point you could have hundreds of thousands of dollars in business that just comes to you. Make sure you complete what's in your agreement and it's usually good to try and throw in a little something extra no matter how small, maybe cleaning the switch plates if interior or cleaning some lights or replacing some lightbulbs if exterior. These both will cost less than $20 and will leave a positive impression.
After The Job is Done
After The Job is Done
After The Job is Done
Here are some main points (KPI's) to figure out on EVERY single project you do no matter how small:
- How many man hours to complete the project?
- How much money spent on materials?
- How much money spent on labor?
- What's left over after those "direct" expenses? This is yo
Here are some main points (KPI's) to figure out on EVERY single project you do no matter how small:
- How many man hours to complete the project?
- How much money spent on materials?
- How much money spent on labor?
- What's left over after those "direct" expenses? This is your "gross" profit.
- How much in "indirect" expenses like overhead do you need to pay? What's left over is your "net" profit
Review & Repeat
After The Job is Done
After The Job is Done
Your project is done and your numbers are crunched. Now, time to review the things that went right and the things that went wrong. The only complete failure is one that you don't learn from. All other failures should help you move forward better and stronger.
We have learned to be very critical in our review process. We do this based on specific information and without emotion.
