The Essentials For Starting A Carpet Cleaning Business
One of the most exciting things anyone can take on is starting their own company, and for those looking to a get a carpet cleaning business going, the prospects are generally bright. It’s relatively easy to get one up and running and they can be highly profitable if run professionally. Before jumping in though, there are several important things to decide on.
The most critical decision in the process is the first one. Should an entrepreneur buy a franchise, or try his or her luck at creating an independent carpet cleaning business? For people who don’t want a lot of trial and error, franchising may be the way to go. The fee for starting one can be rather steep – anywhere from $20,000 to $50,000 – and that only includes the cost of training, basic marketing and the right to use the franchise’s branding. Any renting, building, attorney or inventory costs are the burden of the owner, so it can be rather pricy to ride this train. That being said, though, it takes much of the guesswork out of the starting process, and the owner will have a much stronger foundation than he or she would otherwise. Many new companies in the industry fail out of the gate because of rookie mistakes. Franchising is aimed at eliminating the most common errors.
An independent carpet cleaning business is for people who want to go it alone, and are willing to absorb any mistakes made along the way. This option is generally for those who don’t have a problem with marketing themselves, so it’s a gamble for those who have trouble in this area.
In either case, there are several things an entrepreneur needs before taking on clients. A business license is required, and in Texas, this can be done either online or at the county clerk’s office. The fee is nominal, so this should be a breeze. Fortunately, no special licensing is needed for a carpet cleaning business, so there aren’t many hoops to jump through before hitting the bricks. Don’t do any work without securing the proper insurance, however. General liability and worker’s compensation (if using hired help) will be the minimum needed, though product insurance is also available to protect goods.
A surety bond is another important consideration. It’s like a body of funds held in an escrow account, and it ensures any clients that the company’s dealings will be done in good faith. If the customer decides to sue the company for whatever reason, the funds in this bond may be used to award any damages.
As long as there is enough equipment and manpower to get started, the entrepreneur can start taking on customers. However, a carpet cleaning business is heavily reliant on its reputation, and an owner would do well to improve it by joining a couple of organizations and securing a certification. The Association of Residential Cleaning Services International and Institution of Inspection Cleaning and Restoration Certification are both excellent groups to join. The former will help the company stay up to date on any new products or advancements in the industry. The latter offers certifications that are considered to be the gold standard by consumers looking for a reputable service.
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