Starting a pressure washing business requires a good credit rating and a small down payment. You’ll also need the funds to cover the first six months of business expenses. Depending on the size of your business, you can start with less than $10,000 in cash or use credit. You’ll need to generate at least $2,000 worth of paid jobs each month to break even.
Pressure washing is seasonal, so you’ll likely operate only nine months of the year. But if you can get a steady stream of work from a wide variety of clients, you can earn up to $54,000 annually. This figure is based on an average of one job per month, but it will vary significantly based on how many you work with and how often you offer your services.
First impressions are critical for business. You’re unlikely to succeed if you don’t present yourself as a company that offers excellent service. Therefore, you should invest in a rugged truck, put your phone number on the side of the car, and promote your services through ads. If you advertise with Facebook, target homeowners with a small budget. Eventually, you can increase your budget and target a larger population.
Once your business has become established, you can hire employees to work for you. These employees may cost you around $10 to $20 per hour, and they can help you grow your business. This way, you can increase your income and reduce your costs. You can also charge per job rather than per hour.
As a pressure washing business, you can be self-employed or form a legal entity. You may also need to have a license from your city. And you should have general liability insurance. Even if you follow the rules and regulations, you can still run into problems that could affect your business.
While a pressure washing business doesn’t require any significant investment to get started, you’ll need to invest in the right equipment and a good marketing plan to earn a profit. Pressure washing is a high-demand service, and some of the most lucrative pressure washers earn more than $1,000 daily. And if you’re looking for a full-time job, starting a pressure washing business can be a great option. You’ll need a pressure washer and some basic supplies, but other than that, it’s straightforward to learn and practice.
The initial investment required to start a pressure washing business varies from state to state. Depending on the size of your business, you may need to purchase extra nozzles or hose kits. Then, you may need a sales tax registration and a bond. Many local governments also require a business license. And you’ll need to pay payroll taxes if you have employees.