Starting a Painting and Decorating Business in a Low Budget
- BY Jaspreet Kaur
Feature Writer, BusinessEx
- Nov 16,2018
- 11 Mins Read
Painting and decorating for others can be a productive career for artists. In the initial phase of the career, a painter can assist an expert or perform a job under an expert’s guidance. Once the painter gains expertise in the art, his status changes from beginner to an expert, and subsequently, he starts getting work proposals individually. Attaining this kind of stature in the market is difficult today. Many professional painters and decorators even after becoming proficient in the field continue to labour, despite their vast experience.
Why is Founding a Painting and Decorating Business Important for Pro Painters?
If a painter possesses creativity, artistic skills, and relentlessly work to complete targets, then managing a painting business would not be difficult. Further, a self-owned enterprise gives liberty to a painter's ideas. Usually, a painter is paid a certain amount of salary or wage but by commencing one’s business, the pro painter can earn much more than the salary. Even, he could meet clients on his own and step into the actual market.
Before commencing the business, a painter is advised to create a portfolio which, in turn, can be an evidence of his past work. The painter should curate the portfolio throughout the business course as the portfolio would give the first-hand impression to customers.
A Step-By-Step Process of Establishing the Painting and Decorating Business
Setting up a business demands a lot of vigilance and computation as finance, site, assets and various other things together constitute an enterprise. Without these constituents, a business can’t be shored up. Thus, one should follow a step by step process to get the painting business off the ground.
- Business Plan
It is a foremost thing that a painter should do. In the painting industry, there are vast kinds of painting business such as house painting business, industrial painting business and painting and decorating business. Thus, according to one’s expertise, one should choose the arena and then, start working on the business model.
Once the business model is complete, the painter can ecstatically show it to investors or capitalists, if he seeks funds for the business. Furthermore, the entrepreneur-to-be can decide short as well as long-term goals of the business and subsequently work hard to achieve them.
It is not a conventional norm that expertise is a must to have one’s own business. However, it is indeed needed to learn the industry and effectively administer the business. So, one should be an apprentice so as to build the craft in the painting and decorating business. Otherwise, the aspiring entrepreneur may fail to meet the expectations of the clients and subsequently give poor quality work.
- Procure A License
In order to open the business, it is important to procure a license from the state government. A license legitimizes the company’s presence in the industry. Besides that, the entrepreneur-to-be should select a location from where he can operate his business and correspondingly invite clientele for meets.
Rigorously follow these steps and thus, one would not face any struggles in establishing the painting and decorating business.
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