October 17, 2017  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs

 

Starting a Business

 

Starting a Commercial & Industrial Painting Contractors Business

Opening a commercial and industrial painting contractors business is your ticket to owning a good, stable business but it's important to plan out the business in detail before you start. We offer nuts-and-bolts information that may be key to your ultimate success.

Wondering how to start a commercial and industrial painting contractors business? We take you step-by-step from start to success.

Commercial and Industrial Painting Contractor

Commercial and Industrial Painting

You may already be familiar with residential painting companies, where project prices range from $2,000 to $5,000. Commercial and industrial painting is a move up the painting contractors food chain, giving access to much larger projects, albeit more complex projects.

Commercial painting projects involve painting things like hospitals, business interiors and business exteriors. Typical pricing for a commercial painting project might be in the $20,000 to $100,000 range. Industrial projects, in contrast, involve painting much larger structures that may have specialized coating needs. This includes structures in the oil and gas industry, as well as giant manufacturing and processing facilities. For industrial painting contractors, contracts can range from $75,000 to $2,000,000 per project.

Location is obviously key for commercial and industrial painting companies. You need to be located in an area that has a lot of paintable structures, such as office complexes, manufacturing companies and the like. Needless to say, you won't be able to launch a successful commercial/industrial painting business in a rural area that is mostly corn fields.

Creating a First-Rate Commercial & Industrial Painting Contractors Company Business Plan

A business plan isn't just another startup formality. It's a core business document that will guide your commercial and industrial painting contractors business's decisions and activities on a go-forward basis.

Accuracy and an eye for detail count when writing a business plan. Fudging the numbers is the equivalent of sabotaging your commercial and industrial painting contractors business's strategic interests.

Instead, commit to creating the most precise business plan possible. If you're still not convinced, consider what the experts say about business plan writing.

Take a Look at Competitors

Well in advance of opening a commercial and industrial painting contractors business in your town, it's essential to see how many competitors you have. Try our link below to find competitors nearby. Just enter your city, state and zip code to get a list of commercial and industrial painting contractors businesses in your community.

Prior to opening your doors for business, be sure you fully understand the competitive landscape and where your new business will fit in.

Turning Competitors Into Collaborators

Once you've finished assessing the competion, the next step is to talk to somebody who is already in the business. It's very unlikely that the local competition will talk to you. It'd be crazy for them to teach you the business.

But, a person who owns a commercial and industrial painting contractors business in a different city will be much more likely to talk with you, given that you don't compete with them in their area. 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.

Where would you find an entrepreneur who is running a commercial and industrial painting contractors business who is willing to advise you because you live in different cities?

Easy. Find them using our link below and start calling until you are successful.

Guidelines for a Commercial & Industrial Painting Contractors Business Acquisition

There are a lot of reasons why it may be preferable to acquire a commercial and industrial painting contractors business instead of starting a new business venture.

An acquisition isn't necessarily a bed of roses. You'll need to thoroughly evaluate the factors involved with buying a business. The first criteria to consider is whether the existing business can be adequately adapted to your business philosophy.

If the business is right for you, the assistance of a business broker will help all of the rest of the pieces of the process fall in place and you will be well on your way to owning a proven commercial and industrial painting contractors business.

Consider Franchising

If you don't want to have to do everything on your own, you may want to consider leveraging the success of an established franchise network.

Prior to starting a commercial and industrial painting contractors business, you would be wise to investigate whether buying a franchise could 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.

Entrepreneur Interviews

These interviews should be of interest to you.

Related Articles on Starting a Company

These additional resources regarding starting a business may be of interest to you.

LLC Advantages


Conversation Board

What should we add to this article to help teach people how to start a commercial and industrial painting contractors business? We'd love to hear your comments.


Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Are You Already a Commercial & Industrial Painting Contractors Business Owner?

If you already are in business and came here to learn about growing an existing commercial and industrial painting contractors business, try these useful resources:

Marketing a Commercial and Industrial Painting Contractors Business

Selling a Commercial and Industrial Painting Contractors Business

Do You Sell to Commercial & Industrial Painting Contractors Businesses?

If you came here to learn about selling to commercial and industrial painting contractors businesses, we've got better information for you elsewhere on our site. Try these resources instead:

Selling to Commercial and Industrial Painting Contractors Businesses

Mailing Lists for Commercial and Industrial Painting Contractors Businesses

More Startup Guides

If you are interested in starting a different kind of business, please browse our directory of guides below.

 

 

 

 

Additional Resources for Entrepreneurs

Entrepreneur Features

Employee to Entrepreneur

Small Business Ethics

Good Business Books

Studying Entrepreneurship

How Kids Make Money

Social Entrepreneurship

Mergers and Acquisitions

Entrepreneur Blogs