Entrepreneurship is a great example of the American dream. It places you on the path to financial freedom to live the lifestyle you deem fit for yourself and your family. However, few people get to pull this off. If you're going down the road of opening up your own carpet cleaning business, then it's time to start looking for high-quality equipment to buy.
Opening up your own business is a process that requires multiple steps to be taken to succeed. But the good news is that if you play your cards right, you can earn a great deal, especially since the demand for clean floors is always high. Your customers will likely be a mix of residential, commercial and industrial property owners, depending on where you are and what areas you plan to service.
You can choose to take a training course in carpet cleaning, which is recommended, or you can get hands-on experience by working for a floor cleaning company first. Afterward, you can start shopping for carpet cleaning equipment, such as portable carpet cleaners and commercial steam cleaners.
The great thing about owning a carpet cleaning business is that you can operate it part-time, while you're still working your day job. This allows for an easier transition into entrepreneurship. Plus, the earning potential is also great, especially when you land commercial projects, which can range between $ 1,000 to $ 3,000 monthly, if not more. So all you need is a few commercial jobs each month to maintain a steady income.
But before you can witness any form of success, you need to follow these steps to get your business up and running.
Write a Business Plan
This will serve two purposes – to help organize the way your business will operate and it can help secure financing to open up your company. Not everyone has funds saved up for commercial carpet steam cleaners, which means you'll need to convince a bank to give you a business loan. Your business plan is a blueprint for your success, so take time to make sure it's all right.
Come Up with a Business Name
Your business name should be catchy, so that people will remember it. This is also the time to determine if your business will be a sole proprietorship or a limited liability company. It's a good idea to speak to a legal professional about the differences, as there can be tax and legal benefits for choosing one over the other.
Know Your Target Market
Who is it that you plan to market your carpet cleaning services to? Are you looking to cater to all of the residential properties in the area or will you stick strictly to commercial customers? Or maybe you want to offer green floor cleaning services to health-oriented home and business owners. Having a niche is better than trying to target everyone at once. You should start somewhere and then expand to other areas.
Set Your Rates Accordingly
It's a good idea to research what your competitors rates are, so you can compete. Of course, you do not want to sell yourself short or it will be difficult to keep your business afloat. It's not about being the cheapest, it's about offering the best quality. So you can sometimes charge the same amount, or even more, as competitors if you have top-of-the-line carpet cleaning equipment and techniques. Let your service speak for itself and people will spread word about your business.
Lastly, make sure that you do not forget to take out insurance just in case there's damage or an injury that occurs while on the job!