Starting an asbestos and lead abatement and removal services? This article provides all the information you need to make your entrepreneurial dream a reality.
The Asbestos & Lead Abatement Industry
Asbestos was a common building material in commercial and residential construction from 1940-1975, until it was found to be the root cause of asbestosis, lung cancer and mesothelioma. Similarly, lead-based paint was common in older construction despite its adverse health effects on children and adults.
The prevalence of these hazardous materials in previous building eras has resulted in a thriving asbestos and lead abatement industry. Although the removal of asbestos and lead paint is a good idea for any property owner, certain property owners and owners who are performing retrofits are often legally required to contract professional asbestos and lead abatement service providers.
For the right contractors, asbestos and lead abatement can be an extremely lucrative specialization. But to qualify as an asbestos and lead abatement contractor, you'll need to be trained and certified. Certification requirements vary by state, so you'll need to research certification requirements with your state's environmental agency before you commit resources to an asbestos and lead abatement startup.
Special Considerations for Launching an Asbestos & Lead Abatement Business
Asbestos and lead abatement need to be taken seriously by both property owners and contractors. As an abatement startup entrepreneur, you need to be fully committed to the safe removal and disposal of hazardous materials, and properly equip your business to handle the unique demands of the job.
- Hiring. Effective hiring is essential for any startup, regardless of the industry. But in the lead and asbestos abatement industry, hiring unqualified or incompetent workers can have legal consequences. All of your hires should be certified asbestos and lead abatement specialists with a proven track record of employment in hazardous material removal.
- Job Safety. As an employer and contractor, you are responsible for the safety of your workers and your customers. Under no circumstances should your startup attempt to take shortcuts when it comes to containment, disposal or safety equipment.
- Insurance. Asbestos and lead abatement is an inherently risky business activity. Protocols and procedures can minimize the likelihood of an environmental pollution or health safety event. However, a comprehensive business liability policy that specifically covers hazardous material handling and removal is the best protection for your business and your personal assets.
Best Asbestos & Lead Abatement & Removal Services Business Plans
As a startup asbestos and lead abatement and removal services owner, writing a quality business plan is one of the first tasks you need to address.
To help you navigate the process, there are a number of business plan software solutions on the market. A business plan software solution is an effective tool for time-strapped asbestos and lead abatement and removal services owners who understand the importance of a great business plan.
Properly utilized, business plan software has the potential to transform your business plan from a throwaway business requirement to an integral strategic resource.
Assess the Competition
Long before you open an asbestos and lead abatement and removal services in your area, it's essential to find out how you will fit in the competitive landscape. Try our link below to generate a list of competitors in your area. Simply enter your city, state and zip code to get a list of asbestos and lead abatement and removal services in your town.
Is the local market large enough to support another asbestos and lead abatement and removal services? If not, you had better be sure that you are doing things much better than the competition.
Talk to People Who Are Already in the Business
If you want to open an asbestos and lead abatement and removal services it's essential that you learn as much as you can from somebody who is already in the business. Local competitors are not going to give you the time of day, mind you. Why would they want to educate a future competitor?
On the other hand, an individual who has an asbestos and lead abatement and removal services in another town may be more than happy to give you a few tips, provided that you won't be directly competing with them. In fact, they are often very willing to share startup advice with you. If you are persistent, you can find a business mentor who is willing to help you out.
How would you find an owner of an asbestos and lead abatement and removal services who is willing to advise you because you live in different cities?
No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.
Competitive Benefits of Buying an Asbestos & Lead Abatement & Removal Services
Pursuing an asbestos and lead abatement and removal services acquisition can be an effective route to profitability for emerging entrepreneurs.
A business acquisition also provides the benefit of intangible assets like a brand identity. In fact, many entrepreneurs pursue acquisitions for the primary purpose of buying an established brand.
From a competitive perspective, an established asbestos and lead abatement and removal services may also deliver an industry leadership position – an enviable feature that can take years for a startup to acquire.
Explore Franchising Options
The probabilities on your thriving in your new business greatly improve if you decide to franchise and leverage their successful brand and track record.
As part of your process in starting an asbestos and lead abatement and removal services, you should assess whether purchasing a franchise might help you on your entrepreneurial journey.
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 already are in business and came here to learn about growing an existing asbestos and lead abatement and removal services, these resources will come in handy:
If you came here to learn about selling to asbestos and lead abatement and removal services, this isn't the right place for you. 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.