Self-Employment in Painting Business

While the country is trying to rebound from the worst economic situation in decades, many people are trying to get additional source of income to support their needs. Because of high unemployment rate, it's possible that termination could happen so it’s better to have another source of income to avoid financial loss.

While most are trying to land a job during recession, why not try your hand on self-employment? Self-employment will allow you to work at your preferred pace and the earnings will never be given to anyone else. If you have the skills to offer certain services in your area, you can certain start a business and become successful.

One of the best small businesses you can consider starting immediately is to offer painting services in your community. At first glance, the business looks like an unnecessary task for other people's property. However, the demand for painters is increasing because people wanted to have their property to look a lot better especially those who want to attract buyers. Even real estate companies are also looking for painters to attract more buyers. The real estate industry needs all the help they can get to sell more properties because of the sub-prime mortgage crisis.

Starting with the Right Equipment

Becoming a house painter is not just a brush and a can of pain. You need to have a good collection of materials related to house painting. But as a start, you can have the basic equipments that can help you become highly competitive in your area.

This might require you to spend but you don't have to spend more than $500 in equipments just to start your painting business. Just remember to spend well on branded items and not just cheap knock-offs. You might be able to save a lot but you'll end up buying new equipments every now and then because of they easily breakdown.

Advertising

Like any business, you need to advertise. But small businesses usually do not have a lot of extra funds to advertise their business after purchasing equipments. In your end, a good way to start a business is to show your customers what you can do.

Start at your own front yard or offer to help your neighbors for a relatively small fee as a "special" the first months or weeks could be tough because you're still gaining customers. But once you gain relatively popularity, you can start charging at your normal rate.

The Normal Rate

The best part of a painting business is that you show up with your tools and your clients should still provide the paint. You are basically paid simply to paint the house. For your skills in painting, you can charge at least $30 an hour.

If you already have a regular job and do 4 hours of house painting every weekend, you can at least add $120 a week which should be enough to pay your bills. Some house painters who can provide creative paint jobs at homes can charge as much as $70 an hour.