Thinking about opening a fire and water damage cleaning and restoration business? We tell you what you need to know to get started.
Industry Outlook: Fire & Water Damage Restoration
Each year, thousands of American residences are affected by fire emergencies. In addition to coping with the trauma of the emergency itself, many families are left to deal with the fire and water damage to their houses and personal property.
The fire & water damage restoration industry has emerged to meet the needs of fire-affected families and businesses. Advances in technology and the industry itself have equipped startups and established companies with the tools they need to undo the smoke and water damage incurred by a fire disaster.
The Restoration Industry Association (RIA) is a professional organization that offers certifications and other resources for emerging companies in the fire & water damage restoration field.
Operational Concerns for Startup Restoration Businesses
Emerging restoration businesses need to address many of the same issues as other startups. Hiring, location, marketing -- it all plays a role in your startup's success.
However, there are also a handful of unique issues you'll need to be prepared to address as you embark on your career as a business owner that solves the challenges created by fire damage and water damage:
- Response Time. Fire victims want someone to begin restoring their property to its original condition as quickly as possible. The hours following a fire emergency are traumatic -- if your business isn't capable of initiating a response process within hours of the event, it's unlikely that you'll gain ground on your competitors.
- Safety. Safety issues are a major concern for fire restoration service providers. Athough your clients may want you to begin restoring their property as soon as possible, you may need to coordinate your activities with the local fire department to ensure a safe working environment for your team.
- Material Handling. There is a science involved with understanding how smoke and water affect various materials. As a professional restorer, you need to be familiar with a broad range of materials and restoration processes.
How to Write a Simple Fire & Water Damage Cleaning & Restoration Company Business Plan
If you're putting off writing a business plan because you're intimidated by the process, here are the words you've been dying to hear: Business plans for fire and water damage cleaning and restoration businesses don't have to be complicated.
Rather than avoiding your business plan, keep your business plan simple. Ultimately, your business plan is intended to be a resource for you, the business owner.
Instead of investing countless hours in a lengthy business plan, put pen to paper now and document the essentials with the understanding that your plan will be revised as you move forward.
Prior to opening a fire and water damage cleaning and restoration business in your town, it's worthwhile to find out what the competition looks like. We've provided the link below to help you get a list of local competitors in your area. Just enter your city, state and zip code to get a list of fire and water damage cleaning and restoration businesses in your community.
Before you open up shop, make sure you know what you will offer to your customers that provides a significant advantage over your competition's offering.
Learning More About the Industry
Once you've finished assessing the competion, the next step is to talk to somebody who is already in the business. If you think owners of nearby fire and water damage cleaning and restoration businesses will give you advice, think again. The last thing they want to do is help you to be a better competitor.
But, a person who owns a fire and water damage cleaning and restoration business in a different city can be a great learning resource for you, after they realize you reside far away from them and won't be stealing their local customers. In that case, the business owner may be more than happy to discuss the industry with you. In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.
How do you find an owner of a fire and water damage cleaning and restoration business who is willing to advise you because you live in different cities?
Simple. Let your fingers do the walking by using the link below.
Advantages of Buying an Established Fire & Water Damage Cleaning & Restoration Business
Spurred on by dreams of a future big money buyout and an undeniable entrepreneurial impulse, many would-be fire and water damage cleaning and restoration business owners are driven to pursue startup strategies.
But from a business and financial perspective, it may make more sense to leverage an existing fire and water damage cleaning and restoration business as your vehicle for world domination.
Existing fire and water damage cleaning and restoration businesses are proven operations with dependable revenue streams. As an added bonus, you'll also gain the ability to headaches and hassles of startup trial-and-error.
Is Franchising the Right Option?
The chances of making a success of your new business are much greater if you become a franchisee in lieu of doing everything yourself.
Before you consider starting a fire and water damage cleaning and restoration business, you ought to investigate whether franchising might be the right move for you.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding getting started as an entrepreneur may be of interest to you.
If you currently own a fire and water damage cleaning and restoration business, try these useful resources:
If you sell to fire and water damage cleaning and restoration businesses, you're in the wrong place. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.