Katherine Times gives us the way to start a painting business and tells us what is painting and how much dedication is needed to start a painting business.
Starting a painting business
Starting a painting business is not hard if you have an interest and dedication. Painting is indeed an art, depending on the devotion and focus. If you want nothing rather than to own your own paintings you can start painting. This business is easy to learn this does not require many hours of training. If you spend a few hours daily, you will learn the skill and you will be able to sit in the market. This requires patience, precision, and practice. Similarly, it requires a great time investment and focuses. If you are passionate and enjoy painting, then congrats you can start a business very easily.
But if you want some easy money so this business is not for you because this business takes time to grow. If you are doing this for fast cash then unluckily this might not be as easy as you expect.
In the painting business, the owner has the opportunity to utilize his skills and perform constructive for society.
You can start this business at a very low cost. It must require a good skill set. It depends on your approach and dedication. This business started from 400 to 500$. if you want to build your business and want it to grow you must need the following steps.
First, register your business. Registering a business is not a piece of cake in Australia. You must follow the given instruction and pay the required fee. Then for advertising purposes, one can make a website that doesn’t cost you any penny. But the thing that costs is to buy a domain. You have to pay for the domain. You can also build your own website if you are capable enough. After this website herein comes the important thing, which is an insurance policy. Being secure is your priority. Being insured make you safe.
Then you need the infrastructure or painting equipment. You can buy your all equipment all of sudden but you can also buy as per need. The initial investment that is required for paintbrushes of all sizes may cost less than $500. the minimum you need is the following items: trays, rollers, and brushes of high quality, a scraper to peel off the paint, and a wire brush to create a required surface. Cover your carpets or precious things with some piece of cloth and a few sheets and sandpaper to smooth the surfaces.
You need to name the business. The name must be unique and organized the business name with URLs. You can use marketing material such as brochures, your websites, logo, and social media platforms. Invest more in marketing. You must compete in the market. Because the market is very large and you have to compete. The thing you need is a strategic marketing plan or providing low-cost services as compared to the market because everyone going to get that services. Painting is one of those services that everyone going to need at some point in their life, from a new build home to renovation.
You must need to target the audience, or you know what customers want preferably. then you must have a bank account and credit card for transactions. This is approximately all the things that are required.
If you think of becoming a billionaire suddenly or overnight, then you are not going to make that rapidly, but you can earn a favorable amount of money in the commercial painting business. Sure, you can get a consistently a good amount of money when your business runs smoothly.
This can be outsourced to sub-contractors who can make a profit without doing anything. But if you want all of the money for yourself only then you can hire a person or can do all of the work by yourself. But it is good to hire someone and do most of the work by yourself in the beginning. It all depends upon what you paint and how you paint. If you want good money you need to target the public opinion what they want.
If you have a subcontractor, you should keep the equilibrium of work and play. There are rules to remember. Pay contractor on time to work for you consistently, always be a man of your words, this thing can help you in your personal life too, and be honest with his workload and payment to avoid any query. With these simple tricks, you can get the loyalty of your sub-contractor and made him for you for so long. Hire the best painters to get maximum profit. Try to learn to say no. you need to match your standard that’s how you gonna grow in the industry. Hiring a good painter can so that he can earn a good amount of money for you. Don’t waste your precious time on the people who don’t want to work for you and are not showing you the best and required results.
You can charge as per the rule. In Australia, a commercial painter charges about 2 to 6$ per square foot and 60 to 100$ per hour. There are multiple factors that can vary you amount of charge such as the size of the painting, labor that is used, and material that which type of material is used. When you start commercial painting pricing may be difficult for you but you need to do as much research as you can in this field. Take accurate measures and give the best.