How to Start a Pressure Washing Business
A pressure washing business does well and can earn six figures in a month or more. And surprisingly, most of these pressure-washing businesses are one-person business ownership.
This business can be a perfect fit for many entrepreneurs looking forward to starting a business at low costs yet making high yields quickly if it is handled professionally. If you are looking forward to creating one and making $120 per month, you need to start on the right track.
We have compiled a comprehensive guide on how to go about it as you work towards becoming a professional in the business.
Understand About the Pressure Washing Business
The first and most important thing is to learn about the pressure washing business. You need to learn about the essential points before anything else. This will revolve around the structure of the power washing business and the equipment required. Additionally, skills are critical to make it a success.
Knowing the Pressure Washing Industry
To understand better about the pressure washing industry, you can purchase the external building cleaners report, which costs $925. This is a requirement to have when making a business loan application. It is because the pressure washing industry forms part of the 68,000 businesses integrated into the external builder’s report.
It will also help you understand more about the industry and know how to make $120K per month.
Understanding the Washing Skills
As much as it may look easy to make money in the pressure washing business, you must offer efficient services to retain your customers. With this in mind, you need to master all skills and understand how to use the equipment to achieve your goals; this can only be achieved through constant practice and learning to ensure you perfect the required skills.
Where can you Get Power Washing Resources?
There are several resources that you can use to perfect your skills, and these include;
- Learning from Youtube videos.
- Use the Environmental Protection Agency to learn more about business regulations.
- Practice- Before opening your business, you can learn from other pressure-washing businesses to perfect your skills.
Also, remember that every day, there is a new skill invented. Ensure that you remain up to date to retain your customers.
Requirements for Opening A Pressure Washing Business.
Starting a pressure washing business sounds easy, but you need to be well-prepared with talents, equipment, and other attributes. Below are some additional requirements you need to keep in mind as you plan to start the business
To start, you need to lay down a budget that will aid you in laying a firm foundation. The budgets should include all anticipated business incomes and costs; Such costs include rent, salaries, vehicle purchase, equipment, marketing, Insurance, business software, and many others. Do not just draw a static budget; let it have realistic figures depending on your project size.
It’s also imperative to note that an excellent pressure-washing business requires more than one machine to avoid keeping clients waiting. Therefore when putting up the budget, plan for more than one machine to help you deliver efficient services.
- Have a Business Plan
With a good business plan, you can map out your goals, discover the unknowns, and know the pitfalls to avoid. It also enables one to see the extent that you can seek a business loan or get support from family and friends.
A good business plan will lay specific outlines which include;
- Executive summary.
- Company description.
- Products and services offered.
- The company structure.
- Sales and marketing strategy
- Financial planning
With proper equipment for the pressure washing business, you can earn $120 per month. And the equipment is the most critical element to get you started in the pressure washing business.
Some of the essential machines to plan for include.
- Pressure Washer- A commercial-grade pressure washer is the best option if you want to get positive reviews from your clients.
- Nozzles and Hoses- These will enhance the pressure to reach the desired heights when cleaning.
- Water Tank- Most businesses need a water source and need for storage purposes. Always source water from reputable suppliers.
- Vehicle- This is necessary when transporting your equipment to different operational sites.
- A Portable Device- A smartphone or a calculator is sufficient for managing your business even when you are not in the office. A laptop can as well perfect your accountability functions.
- Tracking Software- The software will allow you to track all your incomes and expenses, mainly for decision-making purposes.
- Choose a Business Name
Choosing a relevant and attractive business name could be a gateway to your successful pressure washing business. Ensure it has a complete domain name because of marketing purposes.
After you choose the name, proceed with registration. This can be done as a sole proprietor, where you don’t need to register in such a case.
But with business registration, you stand to enjoy personal benefits and personal liability protection. Bearing that in mind, you can choose to register the business as ;
- C Corporation.
- S Corporation.
- Limited Liability Company.
- Get the Right Business Licenses and Insurance
Opening a Pressure washing Business requires you to comply with state and federal laws. If you miss this, you can face hefty fines, and to some extent, you may be forced to close your business.
Confirm with your state the license requirements and organize to apply for them, For instance, acquiring a wastewater discharge permit from the Environmental Protection Agency in the U.S.
Additionally, you will be required to pay for an insurance policy to cater to general liability and worker’s compensation insurance.
Spreading the word about your pressure washing business could be the gateway to earning $120K per month. Therefore, you need to invest in advertising your business to your friends, community, and the entire city.
There are various effective advertising channels that you can use, ranging from social media(Facebook, Twitter, TikTok), word of mouth, use of posters, television, newspapers, and radio advertisements.
When the business picks, it is recommended to use at least 8% of your budget on marketing. This is as per the U.S Small Business Administration.
Now that you are set to start offering pressure washing services, you need to determine the model you will be pricing for your services. This majorly depends on the service type and demand location, among other factors.
Research the pricing that businesses charge, and develop a special price to draw customers to your business.
- Determine the anticipated Pressure Washing Business Income.
With the pricing you charge your customers, you can determine the amount of income your business expects and break even. Most pressure-washing businesses that offer quality services make a good income, and if you provide exceptional services, you can anticipate making a figure of $120K in a month.
You need to lay down strategies to increase your profits to this magnitude. Ramp up your marketing and sales strategies. Refrain from being so mean about spending if you want your business to reach the breakeven point.
From the guide, it is evident that you need to prepare to start the pressure washing business comprehensively. But with the right skills, equipment, and financial capability, this is one of the most exciting businesses you can dare start and make high profits.