THINKING OF STARTING A PAINTING
BUSINESS? HERE ARE 4 TIPS ON HOW TO
Thinking of starting that house painting business you’ve always dreamed
of? to help you get started, we have gathered some resourceful tips to help
you kick-start your dream into reality.
First, you'll need to get your house painting business
license, to ensure that your house painting business will be
legally compliant by obtaining the necessary business
While there aren't any certification requirements, you need to establish
yourself as a formal business entity with an appropriate structure such as
a corporation, LLC, or DBA. Staying compliant with your state's law will
help your business from being sued!
Second, Knowing what to invest in is more
important than ever, spend your money
wisely. Buying supplies for your painting
business can cost as little as $500 or even
less if you hire a subcontractor.
Here is a list of the items that you will
need to buy: Roller brushes with trays,
Airless paint sprayers, Sandpaper,
Ladders, Drop cloths, Masks, and
According to an IBIS World report from 9th April 2020, the house painting
industry's market size currently stands at $37 billion. If you haven't hopped on
board this bandwagon yet? You're missing out.
Assuming you are starting small with your house
painting business, it's recommended you invest in
General Liability insurance. Doing so will help you
stand your ground against third party lawsuits
such as employee injuries or property damages.
You will need to determine what coverage different
insurance providers offer to determine which suits your
business best. And the best part is General liability
insurance will give you peace of mind knowing your
painting business is in safe hands.
Pro-tip: Choose a professional broker to help you get the most
competitive and reasonable price quote. This will help you save
money in the long run.
Never estimate how much paint or how many workers
are required for a house painting project. The easiest
way to manage resources and calcu