Profitable Businesses if You Like the Home Services Industry
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With most people staying at home the majority of the time right now, starting a business in the home services industry are in higher demand. Property care and ways to keep families healthier and safer are not only good investments but important ways to stay protected from the global pandemic in front of us.
Home Services Industry
The home services industry constitutes businesses whose main purpose is working on residential homes, though some of these also take on commercial business. This includes plumbing, HVAC, flooring, landscaping, concrete, moving and storage services, and more. The industry is growing and with the explosion in online and mobile booking services, major companies such as Google and Amazon are diving into the estimated $400 billion markets.
The landscaping industry consists of about 93,000 companies in the United States combining for annual revenue of about $50 billion and employing nearly 900k people.
One surefire way to get business is to specialize in landscaping and property care. People are spending more time than ever in their yards and want to make sure that they look their best and are functioning well. Starting a landscaping business is a great way to build a steady list of clients that will keep returning for prolonged landscaping business.
There’s a large range of what you can do in a landscaping company, but some of the most common are lawn care, weed trimming/removal, planting flowers and plants, grounds care, and also patios, decks, walkways, and other structural and design features. Depending on how in-depth you’d like to go in the work that you do, you’ll probably do a combination of a few of these.
As you have probably seen over the last few years, pest control companies have been popping up all over the country and have become a great business opportunity. Pest control startup costs can be anywhere from $10,000 to $50,000. Depending on where and what services you’d like to be able to provide, these numbers will vary. However, as businesses go, this is a more inexpensive way to have a solid client base and a steady income.
What You’ll Need to Get Started
Startup expenses for a pest control business can be significant. To start, you’ll have to outfit a truck or van with equipment and chemicals. Here’s a rundown of some things you’ll need to get started:
- Pest control knowledge and some experience.
- A reliable vehicle that will allow you to safely transport equipment and supplies.
- A website, vehicle signage, business cards, and print and online advertising materials to promote your business.
- Strong networking skills to develop relationships with suppliers and with business and residential clients
Never in our modern-day have cleaning services been in such high demand as they have been during the COVID-19 pandemic. Not only is it important to make sure that people are protected and safe, but it is important that we keep the world cleaner to prevent any spikes in cases.
As we learn more about the world and diseases around us, it’s important to make sure that we are being careful and keeping ourselves and everyone else safe, as well. Cleaning services are a great investment in the current world climate. Not only will you have regular work in the coming months, but you will have a steady amount for much longer as we all go back to our everyday lives.
In all the uncertainty in the world, starting a business may not seem like the smartest move. However, making sure to cater to the needs of the world around us is the best way to have a steady business now, and in the years to come.
If you’re ready to start a business in the home services industry, apply today to get the small business funding you need!