Running a pressure washing business entails two kinds of skill—business management skill and limited technical skills. If you are planning to join the competition in this field, here are ways of how to run a pressure washing business.
- Prepare the equipment you need for the business. First things first, you are running a pressure washing business so you definitely have to purchase a pressure washer as well as vehicles for the business. And of course, you have to familiarize yourself with the equipments.
- Familiarize yourself in running the business. Study how everything works in this business, like the pros and the cons as well the peak season and the period of slowdown. The pressure washer manual and their website may help you with this.
- Form your workforce. Next step is for you to form your workforce. Hire people that will work on your business. You may do direct hiring or outsourcing, whichever is more comfortable for you. Prepare the salaries as well as the benefits you will give your staff.
- Decide on your market, whether you will target the households or the commercials. In deciding, the first things you should consider are your resources. See if you can afford to compete with those in the commercial area, which definitely need more capital at the onset, then give it try. If not, you can choose to target the residential area where you would have bigger market and smaller capital but tighter competition since you will have to compete with the households.
- Live with the competition. Like any other businesses, running a pressure washing business also has a competition. Study the competition in this field by looking into the services offered by your competitors. Think of a service or way on how you could outrun their services. You also have to compete through price war especially since your washing business is a new player in the market. Make sure that you make a mark the moment you step into the competition. Preparing for advertisement would be a great help.
- List down your services. After you have looked into the competition, finalize your services as well as that of your labor force. You should also provide reasonable and competitive fees for such services. Remember that you have to survive in a competition out there.
- Manage your finances well. You should monitor your monthly expenses, and be sure not to overspend. Check your inventory and accounts payable to keep the financial aspect still and stable. You would not want to see your company in financial distress, especially when you have just started the business.
- Be aware of all bidding opportunities. One of the biggest cuts a pressure washing business gets come from contracts. So be sure that you will not be left out every time there will be biddings. At best, register on your company so that you will be notified of any bidding.
Like any other business, running a pressure washing business requires taking risks to be successful. But this risk should not be taken as it is. You have enough knowledge and preparations before venturing in it.