Entrepreneurs who are seriously considering the idea of establishing their own cleaning services should have a full understanding of what it takes to succeed in the industry. There are many cleaning companies out there but not all of them make it big. So while opportunities for work are plenty in this type of business, you have to take several factors into consideration in order to make huge earnings.
Your Target Market
First and foremost, you have two target groups for your services namely residential and commercial clients.
Obviously, residential customers are those who need to avail of maid services, carpet cleaning, window cleaning and other similar services for their home. This type of clients usually gets in touch with you for a one-time cleaning task. Commercial customers, on the other hand, require a more extensive approach such as janitorial services. They usually need more than a few of your staff members since they have a wider area plus they’re likely to contact you on a regular basis.
You may choose to focus on a niche market or you may also accommodate both. There is nothing wrong with hitting two birds with a single stone as long as you have enough manpower and equipment.
Independent or Franchise
You have the option to either establish a cleaning service from scratch or invest in a franchising opportunity.
Of course, both alternatives have their own pros and cons. For example, going independent may allow you more freedom but you have to figure out effective systems and structures on your own. On the contrary, franchising assures the best support and assistance which is particularly helpful if you are just starting out in the industry. It also involves lesser risk because you will be using an already popular brand.
Financing the Business
You will definitely need to tap the right resources to get your business up and coming. Check your personal assets and compare it with the expected expenses so you can determine if you have enough. You may also approach friends, relatives, and others for a loan in case you need financial support.
Another idea is to get a business partner so you do not have to tread on the path alone. Just be sure to work with a trustworthy individual in order to avoid problems in the future. It is crucial for you and the other party to sign an agreement contract so that your roles and responsibilities are both well-defined.
Howard Smith is a corporate consultant, focusing on fund administration, debt collection, and wealth management. He likes to share his knowledge about business and write about corporate solutions, sustainability and management. He recommends Melbourne cleaning services for interested individuals who want to learn more.