Thinking about opening a floor polishing, waxing, and cleaning materials business? We tell you what you need to know to get started.
(article continues below)
Business Plan Mechanics for Floor Polishing, Waxing, & Cleaning Materials Businesses
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 floor polishing, waxing, and cleaning materials 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.
If your time is limiting, outline the essentials of your floor polishing, waxing, and cleaning materials company's business plan now and make a commitment to come back to it later.
Don't Overlook the Competition
Before you open a floor polishing, waxing, and cleaning materials business within your community, it's worthwhile to see how you will fit in the competitive landscape. We've provided the link below to help you get a list of local competitors nearby. Complete the form by entering your city, state and zip code to get a list of floor polishing, waxing, and cleaning materials businesses that are close by.
Is the established competition doing a good job? It's important to understand their strengths and weaknesses and think through how you'll stake up against those established businesses.
Learn from Others Who Are Already In This Space
As part of your due diligence on opening a floor polishing, waxing, and cleaning materials business, you really ought to speak with somebody who is already in the business. If you think your local competitors will give you advice, you're being overoptimistic. It'd be crazy for them to teach you the business.
Thankfully, an owner of a a floor polishing, waxing, and cleaning materials business in a different city can be a great learning resource for you, provided that you won't be directly competing with them. Indeed, many experienced entrepreneurs enjoy offering advice to startup entrepreneurs. 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.
What's the best way to find a floor polishing, waxing, and cleaning materials business founder who is willing to talk to you but doesn't live nearby?
Simple. Let your fingers do the walking by using the link below.
Why You Should Buy (Instead of Start) a Floor Polishing, Waxing, & Cleaning Materials Business
It's no secret that entrepreneurs have a strong impulse to build companies from the ground up.
But from a business and financial perspective, it may make more sense to leverage an existing floor polishing, waxing, and cleaning materials business as your vehicle for world domination.
Existing floor polishing, waxing, and cleaning materials 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.
Would you risk your startup investment on a coin toss? Probably not. But if you're launching a traditional startup, that's essentially what you're doing - gambling your future on a 50/50 shot at success.
To protect your investment, it's worth considering the possibility of starting a franchise. Franchises streamline the startup process and enable inexperienced entrepreneurs to avoid many of the pitfalls that plague failed startups. Some of the most successful entrepreneurs rely exclusively on franchise business models.
The below link will take you to our flooring franchise directory where you can explore floor polishing, waxing, and cleaning materials business franchise opportunities from the industry's leading franchisors.
These additional resources regarding starting a business may be of interest to you.
If you currently own a floor polishing, waxing, and cleaning materials business, these resources will come in handy:
If you sell to floor polishing, waxing, and cleaning materials businesses, we've got better information for you elsewhere on our site. 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.