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Friday, November 20, 2009

How To Make Big Profits Starting Your Own Painting Business

Painting is in big demand everywhere. There is plenty of it in the residential, commercial and even industrial realm. You can make red-hot cash instantly and on a consistent basis it you know how to get business and how to estimate.

I started out with just a few tools and a beater car. I started making good money once I learned how to estimate. Getting customers was never that hard for me.

Here are 4 steps towards starting your own profitable painting business

1. START OUT WITH WHAT TOOLS YOU HAVE. This is exactly what I did. I grabbed up the few painting tools I had from my garage and an old stepladder and threw them in the trunk of my car.

2. BUY TOOLS AS YOU NEED THEM. Whenever you get a new project and need a tool this is a good time to buy it. I usually just take the money out of my down payment to buy it.

3. FIND A RELIABLE PARTNER. This is extremely valuable. Two painters working together makes sense. It is easier to complete your jobs and you will get bigger jobs working with a partner. It is not mandatory though. I worked on my own for a few years at first.

4. LEARN HOW TO ESTIMATE AND ADVERTISE SUCCESSFULLY. I was always good at drumming up new business. It was the estimating that was hard for me. I used to eat a lot of paint jobs due to lack of knowledge. Now today I have a few simple systems that I use that makes me a profit every time.

5. EXPAND YOUR PROFITS. You can increase your painting business by expanding into other services. I also do drywall, plaster repair. You can easily earn $30 - $70 per hour doing small drywall repair jobs where you can earn $300 - $500 and more in as little as 7 – 10 hours. Another big profit generator is star mural painting.

Lee Cusano has owned his own painting business since 1991. Since 2004 he has helped others to start their own business and make good money doing it right from the start with his several painting manuals. For a free report please visit http://painting-business.com

1 Comments:

Anonymous commercial painting toronto said...

As house painters are being laid off from the big contracting companies due to the bottom falling out of the new homes market many of them are putting their valuable painting skills to work - starting their own painting businesses and running them right out of their homes. If you want to grow your business even bigger you can do it with employees, partnerships or even subcontractors. This is truly a scaleable business. It can be as big as you want it to be.
commercial painting toronto

3:38 AM  

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