House Painting as a Business Opportunity

The challenge to the new painting business is being profitable, not keeping busy. If you aren't careful, you can find yourself working harder then ever and not doing much for your bottom line. In fact, it isn't unusual at all to meet painters who are great workers but are always complaining about "never making any money."

I recently spoke to a painter with over 20 years experience. He was advertising his winter 'off-season' rates in an attempt to generate business. So I asked him if his expenses were less in the 'off-season' then during the summer? You know the answer to that question.

The point is this: with the correct business plan and execution, a small business owner should never have to lower his prices to generate business. Yet it's safe to say that the overwhelming majority of house painters do lower their prices during one part of the year or another. Guaranteed anyone reading this and having worked in the trade of house painting for any length of time knows exactly what I'm talking about. Then again, the statistics prove that 95% of small businesses fail in the first year. Do you think the owners "Planned" to fail? Hardly, it's more likely they simply "failed to plan" their business.

So in case you are wondering, Yes there is excellent business opportunity in the field of house painting. But be sure to plan your business setup and operation to be profitable from the start!

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