Are You Thinking About Starting a Pressure Washing Company? Get the Facts about What You Need to Know
If you are thinking of making a change and opening a pressure washing company, you could end up with a great company on your hands or you could end up further in debt. At Geyser Equipment we can provide the high-quality pressure washing equipment you need but this is not enough in itself.
Don’t Consider This Option Until You Are an Expert at Pressure Washing
While we are proud to sell quality power washing equipment and accessories, the right equipment is not all it takes. If you were to start trying to sell your services before you have become an expert, you would be likely to end up damaging surfaces with too much power or heat. You may find that you don’t like doing it at all. We recommend that you rent a pressure washer, use it on everything you can think of, and get very familiar before you started a business.
Carefully Consider Your Expenses
Before you take the plunge you should also look at your expenses to be sure you can afford them. This includes equipment such as power washing gear, water recyclers or recovery systems, and detergent, but it also includes the cost of business permits, obtaining a contractor license, and the cost of insuring your company. Then consider how much it will cost you to market your company, and how much you will be spending on transportation, including the cost of a truck or van and the gas to run it.
Experts say that if a person wants to start this type of business, they should have at least $7,500 to get started.
Find Out What You Can Charge and How Likely You Will Be to Make it On That Amount
When you are figuring out your revenue, you are looking for a price point that is high enough that you will be making money but you also need to be competitive. Find out how much others in your area are charging. You can do this by simply calling them and asking for a quote. Then consider how much profit you would make for that amount. How many jobs would you have to complete per week or month to be successful? Do you think you can do that many?
Keep Yourself Legal
You will need to make sure that you are abiding by all business laws and regulations. Depending on the area in which you live, this could include getting a business permit, a business license, insurance – the list goes on and on. You will have to consider taxes, bonds, permits, association fees, too.
Talk to an attorney to make sure you have the legal aspect of everything tied up. In the meantime, you can contact Geyser Equipment at 951-509-9269 to get help with finding the right pressure washing equipment.
