Starting a commercial cleaning business involves completing several important steps. With the low start-up costs and high demand for this type of service, there is every opportunity to build rewarding and profitable business. Here are a few things to consider in the process of getting set up:
A major first step is to create a solid business plan. A good plan should include a detailed look at your company, the services you intend to offer, financial data like income statements and cash flow and strategies to obtain customers. Plus, it can help to provide an action plan on how you aim to achieve your profitability goals.
A well written business plan should be seen as an outline for your business success, and can be referred to in times of gaining finance or getting things accomplished. This type of plan needs the most care if hoping to use it in an effort to obtain a business loan from a bank or other lender.
It is certain to make it easier to apply the proper strategies to get customers if you know your exact target market. Even though you intend to work in the commercial sector, you still want to break this down into something like smaller retail locations or large office complexes. By being really focused it is a lot easier to put in place the right advertising and marketing strategies.
Independent vs. Franchise
It is essential to fully research the options of running an independent or a franchise business. A major benefit of the franchise business is the ability to work with an established brand name while also having full operational and marketing support in the background. Plus, when buying into a franchise, the investment includes in-depth training to make sure you have the knowledge to be successful from the start.
A downside of this type of arrangement is higher up-front fees and ongoing monthly fees payable to the franchise owner. Also, there may be business limitations in place, such as not offering certain services and imposing advertising restrictions.
On the other hand, the independent run operation is certain to appeal to the business owner that prefers to have complete control and is more flexibility. Plus, it is possible to offer the services you want and get to keep 100% of the profits. But, it will be necessary to have a sufficient budget in place to market your commercial cleaning business to an already established market.