Any sort of service industry that targets the general public as customers is always bound to make good business. As long as you provide quality service, you are sure to get year-round profits and will gather steady repeat customers over time. Nowadays, most households have both parents working round the clock, leaving no time for normal routine works like house cleaning. Single parents are even more pressed to balance their work and home life. Hence, residential cleaning service that provide house cleaning services are thriving and are a solid business plan.
Opening your own residential cleaning service requires very low start-up cost. As income increases, you can easily expand on your business by hiring more workers. The up-keep costs of the business are also very low in comparison to the turn-over you will get over time. In order to start such a business, you will have to obtain a business license after selecting an appropriate name for the cleaning business. Contact your local government body in order to find out the procedure for procurement. Once you have procured the business license, make sure that you purchase insurance for your business.
Insurance is required since you will be working in people’s homes. You will have a lot of options while taking insurance, so compare the different insurance quotes online and go for the best one. Look into the performance of the insurance company and the coverage scheme well before you make your selection.
When starting any business, you will require a bank account and your residential cleaning service is no different. Check your options and choose between an LLC or a corporation and look into the tax return schemes before you proceed to open the bank account. Your cleaning business can be run as a cash business, but you will have to pay yearly taxes on your earnings. All these procedures should be done in advance and your business registered before you can look into gathering customers.
Although online advertisements are the trend now, it is better to opt for a catchy advertisement in the newspaper since you are advertising to the local population. Make sure your service is listed in yellow pages and you run regular advertisements in locally famous print media. Find out the local rates that a residential cleaning service charges and come up with interesting discount schemes and subscriptions services. Over time, your business will flourish as long as you keep your customers satisfied.
While keeping the standard business model, you should look into ways through which you can provide additional paid services to your customers, cutting out a niche field to get a better turn-over.