What is a carpet cleaning business?
The most exciting thing that anyone can take on is to starting his own business and for those looking for quick profit, get a carpet cleaning company as its prospects are generally bright. Its operational management is rather easy and can be highly profitable if it is run professionally.
Carpet Cleaning Business Facts
According to NAICS – North American Industry Classification System; the carpet cleaning industry facts are:
- There are more than 50,000 carpet cleaning businesses in The United States
- Carpet cleaning industry makes annual revenue of approximately $5 billion
- Over 70,000 people are working in this industry
- According to US Bureau Labor Statistics demand for cleaning operations in home and commercial places are expected to climb
Why Start a Carpet Cleaning Business?
Since 60’s almost all homes and offices contain wall-to-wall carpeting. Carpets are an integral part of commercial complexes and offices. Multiplexes, multi-starred hotels, government buildings, malls, and restaurants are the most common examples furnished with carpets. Thus such establishments are enjoying this luxurious interior accessory, but there is also a great demand for carpet cleaning and maintenance. Thus opening a carpet cleaning can be a profitable business in terms of revenue.
Starting a Carpet Cleaning Business
the psychographic and demographics are the two components through we evaluate our potential customer such as we evaluate who needs the services of the carpet cleaning company in organized private and public sector. It also includes the individual homes as everyone needs to clean their carpets, no matter what their income level is.
List of Niche you can offer after setting up a carpet cleaning company?
A carpet cleaning company can offer services such as:
- Clean carpets, rugs, and upholstery for commercial and residential clients
- Dyeing used rugs
- Ventilation duct cleaning
- Damage restoration services
- Water restoration
Is the Carpet Cleaning Business Worth Starting Own or Buying a Franchise Better?
Autonomy/controls
An independent carpet cleaning business gives you control over large or small details while signing with a franchise, you have to follow the rules set by the franchisor.
Brand awareness
A franchise gives you a brand awareness that means you have an earned reputation and there are higher chances to attract the customers while opening your own business requires a thorough marketing plan.
Equipment and supplies
Having a franchise gives guides you through all necessary supplies and equipment with all basic and advance training to maintain their repute while starting your own business you have to maintain your own supplies based on your knowledge and experience.
What equipment do you need to operate a carpet cleaning business?
You may need to purchase following equipment to operate your carpet cleaning business:
- Industrial vacuums
- Carpet brushes
- Deep carpet cleaning machines
- Cleaning chemicals
- Company vehicle
What are the legal aspects to Start a Carpet Cleaning Business?
You need to register you carpet cleaning business before operating it. For registration, you may contact your county or state office. You may select one of the following business structures as each structure offers multiple benefits and advantages:
- Corporation
- Limited Liability Company (LLC)
- Sole proprietorship
- Partnership/ General partnership
There are various legal and tax protections, therefore, check with the legal and tax professionals to enjoy the certain business entity.
Get an insurance policy for carpet cleaning business
You may consider purchasing business insurance such as home based business insurance, product insurance, workers’ compensation (if hiring employees), or general liability.
Workers’ compensation insurance protects your employee in an accident or an injury while performing his job.
You may need to purchase a surety bond (a surety bond promotes honest relationship between the owner and the customer).
Intellectual Trademark and property Protection
There are businesses that are required to protect their intellectual properties might not necessary with the carpet cleaning business. if you are considering to register your carpet cleaning business, you should consider filing the intellectual property protection.
If you want to register your trademark and file for intellectual property in the United States, you can carry the process by filing the application to USPTO.
What legal documents are required to run a carpet cleaning company?
After registering your business, inquire if you are required a license to do bookkeeping, and Employer Identification Number. Here are basic legal documents if you want to set up a carpet cleaning business in the United States:
- Business License
- Certificate of incorporation
- Employment agreement
- Operating agreement
- Insurance policy
- Company bylaws