Are you one of the 3.6 million people in the U.S. who’s lost their job due to the current financial crisis?
If you are – you may be ‘luckier’ than you may think! The recent economic situation is forcing people to think of more creative ways to make a living; to step out of their comfort zones to find other means to not just survive, but to create a much better life for themselves and their families. You can succeed even if you think the odds are stacked against you.
I’m one of those ‘lucky’ people – and against all the odds, I not only survived, but am now running my own business, and my own free time. It’s the best action I’ve taken in my entire life. And now I want to share with you a few tips on how I did it.
If you’re thinking of starting your own business – the best and most important thing to do is to find a proven plan/method to follow. This way you can ensure that the risk is minimum, and the chances of your business succeeding is at max. Later on, when your business is stable, you can start to ‘get creative’ and to evolve and grow what you’ve created.
One of the most profitable (but sadly, overlooked) markets in the world today is the commercial cleaning services market. This is not a statistic I randomly plucked out of the air – this is actually according to U.S. Department of Labor. This type of business is ‘recession-friendly’, meaning your business will continue to thrive, because what you’re offering is a basic need – i.e. whether there is a recession or not people will still need it.
Secondly, this type of business can be set-up so it earns you money week after week, and month after month. It also renders itself well to word-of-mouth referrals – so you can reach a stage where all the business you need is coming to your through your very happy, existing customers – imagine not having to do advertising…
Thirdly, a commercial cleaning business is very easy to set up – give or take a couple of weeks.
There is no inventory to monitor, so you can keep your day job (if you wanted to). And the start-up investment is not a lot (especially compared to other types of businesses).
There are a lot of things you’ll need to learn and understand about managing your own business, and I mentioned that you’re best-off to find a method that’s been proven to work. But here are some of your most pressing questions answered:
What is a Commercial Cleaning Business?
Do you notice the person cleaning your office area whenever you arrive early in the morning or stay late in the evening? Your company regularly hires a cleaning service to maintain the sanitation of your workplace. That is what your staff will be doing.
Each company usually offers a similar service package – so it will be up to you to do your research, and decide how much or little your company will offer your clients – remember it’s all about standing out of the crowd. But you don’t have to fight on price – you can choose to offer better quality, more frequency, or simply offer a service that no one else in the area is offering – like an eco-friendly service…
What Does it Cost to Set-up One?
Here’s the good news, it doesn’t cost much. You will only need to provide for the following items: cleaning materials and equipment, a car to take your crew from A to B, an internet connection, an office space (usually from home), and a business license and insurance to keep the tax man happy…
Compared to many other businesses this is near to nothing. So you probably won’t even need to take out a loan.
How Much Can I Earn?
This will depend on how hard you want to work, how many people you can afford to hire at first, and how many hours you want to dedicate to your business.
But to give you an estimate, if you put your heart into this business, you can earn as much as $ 100K a year. It also depends on how much you decide to charge your clients. Which will depend on the type of service you decide to offer. You can charge on an hourly rate or set a fixed price. The best way to establish ‘the going rate’ is to find a few of your competitor companies in your area and call them up as if you were a client.
Get an idea of what they charge, and then decide on your costs. There is really no standard price for this type of service, so it’s up to you to set the price that suits the service you decide to offer.
What Are the Daily Operations Like?
There is no hard and fast rule in regards to your daily operations. If you have 5 clients a day to service, and they each take you 2 hours to complete – than your team will be working for 10 hours, but it all depends on how many people in your team, and how you schedule your time.
The best way to set things up, is to make sure your time is spent acquiring new clients, and keeping the current ones happy, whilst your team does the cleaning and gives you feedback about how things are in ‘the field’. That way you know new business is coming, but all while you are earning money…
At the end of the day, starting up any type of business demands careful research and methodical planning. But it does not end there. If you want your business to survive amid the steep competition, you must make sure you know your market, and you have a tested formula that you can follow. You must be willing to be flexible and savvy.
What makes all this initial effort worthwhile however, is that you get to build your own future and your own financial security. My efforts were rewarded pretty soon after starting and I was able to support my family and live the life that I wanted them to have.
Next Step: Read also how Clean Up The Profits by Sam Rodman earned Jeremy Gray ,992.96 in his first 3 months of starting a commercial cleaning business.