4/5/2023 0 Comments Ipaint solutions llcHi Chandler, I recently took the leap and started my business. Drop us a line at also love this article on starting a painting business. We’d love to hear how you started your painting business. And there are ALWAYS more houses to paint. Now we are in 5 states, with over a 100 crews working for us. This is literally exactly how I started my painting business. Spend a little bit more time and money on reliable people. A sloppy crew will cost you way more money and hardship in the long run.Ī good crew will create happy customers, which will create referrals and future business. Don’t let this compromise who you hire for the job. It’s easy to get desperate when you’re exhausted, hurting for money, and trying to keep a deadline. >To Get Our Exact Estimating Formulas Click Here>To Get Our Exact Estimating Formulas Click Here>To Get Our Exact Estimating Formulas Click Here<<< Mistake #4: Hiring Sloppy Painters AND you only spent out-of-pocket money on your painting business registration and insurance. Suddenly you’re left with an $800-$1000 profit on your first job. Paint and Materials on a $2500 job will usually be $300-$400. You bring your sub to the job and they say they’ll do it for $1200 if YOU buy materials. They will know WAY more than you will about estimating when you first start, so seek advice from a crew that knows their stuff.įor example, you sell a paint job for $2500. The easiest way to get to work and start making your profit after 1 week, is to bring your sub-contractor or painting crew to the job site and negotiate how much to pay them. There’s a much more detailed article about this HERE, but we’ll cover the basics here. This will easily pay for any paint or materials you’ll need before starting the house. I personally collect 25% from the customer up front. Most customers expect to pay a deposit when they schedule your painting services. You might be asking, “Where do I get the 15% for materials?” After spending roughly 15% on paint and materials, you’ll be left with around 30% profit. You’d be amazed how many sub-contractors have their own equipment, AND are willing to paint your house for 50-60% of what you’re charging the customer. I’m showing you how to start a painting business with under $500. For example, just a paint sprayer can cost you a thousand dollars. Painting equipment can be expensive, especially when you’re just starting out. Step 4: Get Painting Equipment (Or Rather, Don’t Get Painting Equipment) This usually costs around $100 per month for a million-dollar policy.Įditor’s note: If you are in a state that DOES require a contractor’s license, here’s a page that’ll walk you through everything you need. You only need liability insurance for your painting business. In some states in the US, you don’t need an actual license for residential painting. Just make a site to show your customers that has all the relevant information on it. Truthfully, you’ll get such little traffic (if any) at the beginning. I’ve known people who will put off making a website for months because it’s not perfect yet – or spend an absurd amount of money with a designer. Don’t complicate this, you really only need a contact page just to show you’re a real company. So many websites offer a free trial for this. This only takes 10-15 minutes and costs just $50-$100. In the United States, you can simply google “business registration” in your state and find the state secretary site where you can register. Thanks! Now you can go back to the article.Ĭlose Popup Step 1: Register Your Painting Business Click the confirmation link in that email and then I can send you the info you requested. You should be receiving an email from me momentarily.
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