Should You Consider Starting A Cleaning Business?
So you are ready to begin the adventure of starting your own business, and are thinking a cleaning business is the right path for you.
As with any field of business, it is essential to do your research.
Doing your research will give you the best chance possible at succeeding, and more importantly will help you decide if a cleaning business is genuinely what you want.
There is a lot more to consider when starting a cleaning business than merely grabbing a mop and finding some clients.
To get you started with your research, we’ve outlined a few aspects of the cleaning industry and things you need to consider when starting up a new cleaning company.
What is the Market Like For Cleaning Businesses?
Despite the recent downturn of the economy, the janitorial industry is expected to grow around 6.2% by 2022.
While commercial cleaning services account for the majority of the cleaning industries revenue, the residential cleaning sector continues to grow, especially as the number of dual-income households also continues to grow.
These statistics are great news for anyone wanting to start their own cleaning business, whether commercial or residential.
Researching the market is a crucial step in starting a new business, as it will give you genuine insight as to whether or not you are making a smart decision.
Starting a new business is an industry that is struggling and seeing downward trends is risky and offers you fewer chances as a success than a prosperous and growing industry can.
Things To Consider When Starting Your Business
Proper insurance for your company is one of the most important considerations for any business, big or small, so don’t forget to protect yourself with janitorial and cleaning insurance.
To make sure you are protected against any potential issue your cleaning company may run into, you can look into getting a custom insurance package. A custom insurance plan for a janitorial company may include coverage such as property damage, employee theft, bodily injury, and lost keys.
• Proper Licensing
Obtaining the proper business licenses and permits is not an option, no matter what type of business you are opening.
You will need to ensure you have the appropriate government permit required to run a business, as well as any additional janitorial related licenses, such as chemical safety training, WHMIS safety tickets, etc.
Take The Plunge!
Still interested in entering the cleaning business industry? With the upward trend continuing in the janitorial industry, now is the time to take the plunge.
As with any business, your new cleaning business will come with a lot of financial and physical requirements, such as insurance, permits, equipment, etc.
If you have done your research and are ready and willing to put the time, effort, and money into building your business correctly, and it is something you are excited and passionate about, then opening a cleaning business sounds like the right path for you!