Starting a Decorating Business
A lot of people prefer to hire professional painters and decorators when having home improvements done because it’s a lot more convenient and ensures a professional finish. If you have training or are talented at this particular trade, you may be considering starting a decorating business yourself. No matter what type of business you start, there’s always plenty to think about and it’s not a decision that should be taken lightly. If you’re a decorator or want to do this as a profession and are interested in starting your own business, here are a few points you need to consider.
Every business needs a plan and if you’re going to apply for funding you will need to present yours to investors, banks, or other funding sources. They will expect you to have carried out thorough market research and calculated realistic overhead costs and expenses, as well as predicted income and profits. You will have to present your branding and marketing strategy ideas and show that you have thought about this plan in terms of at least the first five years of your business. There are resources both online and with business planning advisors that can help you do this.
As a decorator, you will need to have enough of the basic equipment to carry out big jobs either by yourself or with a small team of employees. Ladders, rollers, brushes, painter’s tape, sandpaper, rags, steamers, and worktables are all examples of the essentials. For the most cost-effective deals, it’s probably best to visit a wholesaler to purchase all of your equipment. Don’t forget to think about other useful tools, either. For example, if you have a client who is looking for a more artistic flair for their rooms, they may be interested in adding stenciling patterns or imagery onto the walls. Mylar sheets are the best option for this as they are durable, flexible, and can be easily cleaned.
Another key factor you will need to consider is finding a suitable vehicle for your business. An average car is unlikely to be the best transportation for your decorating equipment, therefore, finding a van that is big enough to safely transport your tools to and from jobs will be essential. You will also need to make sure it’s insured properly as a company van.
Any business needs a solid marketing strategy to promote its services and products, and you will need to put the time and effort into getting this right. Create a website and use social media platforms as a cheap and effective way to get the word out. Ask clients to leave reviews. If you’re struggling with this plan, you may want to consider hiring the help of a professional marketing agency to help you, although this will be an additional expense.
Also Read: Stamps for Decorating Shipping Boxes
Starting a business can be both an exciting and stressful challenge, but it is always possible to make it a success with the right resources and effective strategies. If you want to start a decorating company, consider the points outlined above to help you get started.