If you’re thinking of starting your own cleaning business, there is much to be learned as you face the realities of entrepreneurship. What three things should you know before diving into your new endeavor?
1. Don’t Quit Your Day Job
Even though you’re excited and you want to spend as much time as possible working on your new company, remember that you need a steady income as well until things take off. This is especially true if you have medical and dental benefits through your current job. Wait until your revenue makes enough to justify you leaving and going into business full-time.
2. You Need Insurance
Cleaning company insurance is good for you and your clients. It protects you in case you are accused of something like theft or damage, but it also helps to cover your clients’ property if you accidentally do damage their home somehow. If you still have questions, www.moodyinsurance.com is a great resource.
3. Products Add Up
It’s easy enough to clean your own home and be thrifty with your cleaning products, but when you’re using them in many different houses it’s another story. It costs more than you realize to buy bulk cleaning supplies, so have a solid bookkeeping process to help you manage your funds.
Congrats on your new company! Although exciting, remember the realities of owning a cleaning business. It’s a lot to learn, but knowledge is power.