If you have a strong entrepreneur base and contemplating starting your own business, requiring a small amount of capital, you might want to consider starting a janitorial service business. All businesses need cleaning on a periodic basic, from window cleaning to shampooing of rugs, so janitorial services are much in demand.
There are a few things you need to address once you have decided to start a janitorial service.
You will have to make a decision on the name of your business. Go to your state or country courthouse for finding out whether the name you have selected is not already in use.
Register your business name as an LLC, sole proprietorship and whatever classification suit your long term objectives. Your business registration and licenses from your state should not cost more than $200.
Prepare a marketing plan for your business, outlining your target market and the required effort needed to achieve financial goals. Based on your marketing plan prepare marketing materials like business cards, fliers, letter head and website. Ensure that there is a decree of uniformity with your promotional package, particularly with logo and color.
You will need a vehicle and a minimum amount of investment in the range of $1000 to $10,000, depending on how big you want to start and what area of janitorial service you wish to operate in. For instance, carpet cleaning would require more investment capital than window cleaning.
You may need an tax accountant, attorney and insurance agent to help you avoid liability and reduce cost. Educate yourself on the janitorial business: read books on the subject or contact NACBC for specialized training on how to start a janitorial business. The company has a wide array of janitorial training material that will get you up to speed on the janitorial industry.
Keep tract of all you janitorial expenses for IRS tax return reason and open a business bank account to keep business transaction separate from personal ones. You will need to source low cost janitorial supplies. Find wholesalers in your area willing to work with start up. Purchase your materials such as brooms, mops, buckets, dusters, vacuums, spay bottles, floor cleaner, etc in bulk.
If you do not have the extra space in your garage, rent a low price rental unit to store your equipment and supplies. There are a lot of cash in the janitorial business. I would suggest, however, that one learn how to start a janitorial business by getting low cost training material on how to start a janitorial business from NACBC.