I have alternative commercial operation ideas. I only need to know how to get started.
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Tagged as: Business, House's, Need, Painting, start, started, want
{ 4 comments… read them below or add one }
Estimating the cost of a paint job is crucial. You have to be able to estimate how long it will take to paint various types of walls, soffits, facia, etc.
These painting franchises will teach you that in spades, but will take a large chunk of your money.
You might trying painting some relatives houses, and try to work out your own method. Time yourself for various parts (facia, soffits, stucco walls, wood walls, windows of various sizes) both painting and prep (scraping & priming). You need an estimating system.
You must have a business plan for the business, very important this is done.
Your plan would be a start up plan as you are not an existing business, determine what is most important in your plan.
Form follows function, make the contents of your plan match your purpose and adjust the outline to match your plan.
You will need to have an investors summaries and loan application, when a plan is used to back up a loan application or explain an opportunity to potential investors, it may require a special summary document as well as the complete plan.
Many investors like to see a brief summary, and loan applications do not always require a complete plan.
Time frames, is three years enough? Your plan should project sales by month for the next 12 months, and annual sales for the following two years.
Here is an outline in sequence in a standared business plan
Executive summary
1. Objectives
2. Mission
3. Keys to success
Company summary
1. Company ownership
2. Company history
3. Company facilities and location
Products and services
1. Product and/or services both with discription
2. Competitive comparison
3. Sales literature
4. Sourcing
5. Technology
6. Future products
Market analysis summary
1. Market segmentation
2. Target market segment strategy
3. Market needs
4. Market trends
5. Market growth
Industry analysis
1. Industry participants
2. Distribution patterns
3. Factors of competition
4. Main competitors
Strategy and implemantation summary.
1. Strategy pyramids
2. Value proposition
3. Competitive edge
4. Marketing strategy
5. Positioning statement
6. Pricing strategy
7. Promotion strategy
8. Marketing programs
9. Sales strategy
10. Sales forecasts
11. Sales programs
12. Milestones
Management summary
1. Organization structure
2. Management team
3. Management team gaps
4. Personnel plan
Financial plan
1. Important assumptions
2. Key financial indicators
3. Break – even analysis
4. Projected profit and loss
5. Projected cash flow
6. Projected balance sheet
7. Business ratios
8. Long term plan.
I hope this help you a little.
ladders, something to carry ladders, paint brush in several sizes, airless paint sprayer, electric extension cords for sprayer, those cool painter pants, (white when new) , caulking gun, putty knives of various sizes, paint scraper, wire brushes to remove paint, power sprayer helps to wash before painting and remove loose paint, masking tape, edge tool to stop over spray, drop cloths to cover floors porches, etc. open accounts with paint stores, get paint color samples from paint stores. business cards, business forms like invoices or maybe good business software like quicken, get a business license from the city you work in
paint, brushes, and a house