Thinking about opening a floor waxing, polishing and cleaning business? We tell you what you need to know to get started.
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Best Practices for Writing a Floor Waxing, Polishing & Cleaning Company Business Plan
Many new floor waxing, polishing and cleaning business owners feel unprepared for the challenge of writing a business plan.
Fortunately, you don't have to tackle your floor waxing, polishing and cleaning company's business plan by yourself. These days, there are tons of great resources and solutions available to support the business plan writing process.
Our Business Plan Help section discusses some of the business plan resources other entrepreneurs have found useful.
Check Out Competitors
Prior to launching a floor waxing, polishing and cleaning business in your area, it's a smart move to find out how many competitors you have. Use the link below to get a list of local competitors in your city. Complete the form by entering your city, state and zip code to get a list of floor waxing, polishing and cleaning businesses that are close by.
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, you really ought to learn as much as you can from somebody who is already in the business. If you think your local competitors will give you advice, you're being overoptimistic. The last thing they want to do is help you to be a better competitor.
On the other hand, an individual who has a floor waxing, polishing and cleaning business outside of your community may be willing to share their entrepreneurial wisdom with you, given that you don't compete with them in their area. Many business owners are happy to give advice to new entrepreneurs It can take a while to find an entrepreneur who is willing to talk, but it's well worth the effort.
What's the best way to find a floor waxing, polishing and cleaning business owner that lives outside of your area?
Here's how we would do it. Try the useful link below and key in a random city/state or zipcode.
Benefits & Drawbacks of a Floor Waxing, Polishing & Cleaning Business Acquisition
An acquisition can be a great way to enter floor waxing, polishing and cleaning business ownership. But it's important to evaluate the benefits and drawbacks of buying a business before you decide on either an acquisition or startup approach.
BENEFITS: Existing companies have proven business models and a history of profitability. They should also have some degree of brand recognition and an established customer base.
DRAWBACKS: On the downside, floor waxing, polishing and cleaning business acquisitions can be difficult to adapt to your unique business philosophy so it's important to make sure the business is capable of achieving your ownership goals before you initiate the buying process.
Franchising May Be a Better Way to Go
Too many new business owners fail simply because they didn't take the time to explore the possibility of a franchise. As a franchisee, you'll have access to a broad knowledge base, established supply chains, proven operational processes and other resources. There are plenty of franchises options at your disposal. The key is to select the one that matches your capital requirements and business philosophy.
For more information about flooring franchise opportunities, click on the link below to explore our franchise directory.
These additional resources regarding starting a business may be of interest to you.
If you currently own a floor waxing, polishing and cleaning business, try these useful resources:
If you came here to learn about selling to floor waxing, polishing and cleaning businesses, you're in the wrong place. These resources are more appropriate for you:
If you are still exploring all of your options, please browse our directory of guides below.