Are you looking to start your own business?
If so, you should consider starting a water damage restoration business. Starting your own business can be scary, as a lot of new businesses fail every year. But with if arm yourself with knowledge and make sound business decisions, you’ll have a growing company in an industry that helps a lot of people.
Keep reading to learn more about how to start a business in the water damage restoration field.
How To Start a Water Damage Restoration Company
Starting your own business is a lot of work, but it comes with plenty of great benefits. You’ll get to set your schedule, create your rates and not have to report to anyone but yourself.
If you want to get started, but aren’t sure exactly what to do, here are five steps to starting a water damage restoration company:
1. Get The Right Credentials
Even though states don’t have strict license requirements for water damage restoration companies, you should look into getting some credentials for yourself and your employees. These qualifications from a third-party will help build trust in the eyes of your potential customers.
The IICRC offers certifications and has strict standards, so customers will have confidence that you know what you’re doing.
2. Decide What Services To Offer
You’ve got to offer the right solutions to your customer’s problems if you want your business to be successful. It’s good to offer multiple services, so your company is a one-stop-shop and customers won’t have to hire more than one vendor to get their job done.
Other services you could offer for your water restoration company include rebuilding, carpet cleaning, painting, furniture cleaning and more.
3. File The Correct Paperwork
Starting a business requires a lot of paperwork. Make sure you get all the proper documents filled out and filed in your area before you begin operating. You don’t want to get into legal trouble when you’re starting out.
The documents you need to fill out will change depending on where in the world you live. Typically you’ll need to get a local business license, liability insurance, and bonding coverage.
4. Buy Your Equipment
High-quality equipment is essential to running a water damage restoration company. Do your research and get the right equipment for the services you plan on offering.
Additionally, make sure you hire quality employees who know what they’re doing. Your business is only as good as the people who are working for you and interacting with your customers every day.
5. Market Yourself in Your Area
Marketing is crucial to making any small business a success. Build yourself a website and start marketing your services in your area. It’s sometimes difficult to get new customers when you’re starting out, so a good marketing plan is crucial to beat out the competition.
Learn More About Running a Business
Running a water damage restoration business is hard work, but it’s also rewarding. You’ll need plenty of resources to help you along the way.
Check out the rest of our website for more helpful business advice. This article on getting a business loan is an excellent place to get started.