Starting any business requires a solid amount of know-how, connections, and access to proper equipment. A painting company certainly requires a number of experts on the team with access to quality tools, protective gear, transportation, and of course, paints. Let’s learn more about what it takes to launch a painting company.
First, you must determine the services you can provide and who your target client base is. Services for homeowners have a different set of requirements than services provided for businesses.
The type of equipment, number of people on your team, and levels of maintenance you can provide depend on whether you go the residential route or the business route. Businesses may have specialized expectations, such as parking lot striping and epoxy coatings.
Next, determine the pricing of your services. A great way of going about this is to scope out the competition in your area. Consult with homeowners who have hired painting services in the past to discover what they paid for, how the company performed, and the range of services they offered. There is no set standard for setting price points, it all depends on your area and what you are able to provide in what timeframe.
For more tips on starting a painting company, consult the clip we have linked above.