Paint Services Company
Start your own painting company with a minimal investment in tools and training.
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Startup needs to start your own painting company will vary with the services you plan to offer, but you may initially start your company with a minimal investment in tools and training and expand as business needs warrant. You may choose to offer interior or exterior painting services or both to residential, commercial and industrial customers, but each requires different skill-sets and equipment needs.
Business plans are detailed documents outlining all details of the business, including the business type, goals, mission statement, customer type, scope of work, startup and ongoing operational needs. Marketing and advertising strategies must also be present as well as pricing schedules and income projections. Business plans act as an owner's manual for your business, and are required to obtain financing from a lending institution. Hire a business consultant to help write your plan, or visit the U.S. Small Business Administration or SCORE websites for business plan and startup assistance.
Although you may have experience painting, professional training is recommended to learn professional tips and tricks that enable you to do a better job in less time. Training may be acquired at specialty trade schools or you may purchase training manuals or video courses through paint supply distributors, trade associations, painting business franchises or reputable training companies found online. You may also choose to work for a painting contractor for a while to gain the required skills.
Related Reading: How to Start a Successful Painting Company
When you're ready to start your painting company, you will need to obtain permits, licenses and other paperwork to make your business legal. Decide on a business structure - sole-proprietor, corporation, limited liability company or partnership - and file the necessary paperwork with your secretary of state. Next steps include obtaining a local business permit at your town hall, a state sales tax certificate and contractor license from your state's department of revenue or business regulatory office. If you will hire employees, apply for an Employer Identification Number and Taxpayer Identification Number from the Internal Revenue Service. All local, state and federal application forms can be found online or mailed to you. You will also need to purchase business liability insurance from your insurance company.
Tools And Equipment
Your tools and equipment will vary according to the type of services you will offer, and your painting supply distributor is often an excellent source of information on what you'll need. A reliable vehicle is a must, and it should be clean and attractive to reflect a professional image, and large enough to safely transport your tools and supplies.
Printing, Advertising And Marketing
Advertising and marketing strategies are necessary to attract customers to your painting company, and printed contracts, work orders and invoices will be used to secure work and bill customers. Marketing materials should include business cards, stationery, brochures, fliers, portable site signs and vehicle signage. Advertisements may be placed in local publications and community-based websites.