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How To Start A Painting Business
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Across Australia, there are over 20,000 painting and decorating service businesses. If you are interested in becoming a painter, you may consider building your own business. The process to start a painting business is relatively straightforward, but will require a lot of work.
Starting A Painting Business: A Complete Guide
A painting business is a great option for people looking to start a business. The business model is simple and doesn’t require a large investment. Each business will have different needs, but here are some easy steps to get you started.
- Get Training - Painters in Australia are required to get some qualifications, including completing a Certificate III in Painting and Decorating. This training takes about three years to complete (although some institutions offer a one-year option) and costs around $15,000. This course teaches painters how to set up scaffolding, select paint colours, and use painting equipment.
- Purchase Equipment - The best part of starting a painting business is the low cost to get started. You can start for as little as $2,000. At a minimum, you will need ladders, brushes and rollers, drop cloths, and cleaning solvents. When you are first starting, you won’t likely get large jobs, so don’t worry about purchasing top-of-the-line paint sprayers. You can always add more tools to your toolbox as you go.
- Write A Business Plan - A business plan is a powerful tool for new business owners. A business plan helps create a vision for the business and guides you through the setup process.
- Set Up The Business - Painters should register their business with their local council. The rules and requirements may vary depending on the city, state, or territory. You will also need an ABN (Australian Business Number) for tax purposes. You may also need a builders license.
- Find Customers - Earning a steady income in the painting business is only possible if you are able to find new customers. In the beginning, you can start by offering to provide painting services to your friends and family. This is a great way to hone your skills and get referrals. Over time, you’ll build a reputation in the industry and get more reliable work.
Protect Your Painting Business With Business Insurance
Building a painting business is an exciting challenge. As a business owner, you need to make sure your investment is protected. A mistake or accident can cause property damage or injury resulting in a lawsuit. Let the experts at upcover walk you through the process of finding the policy that is right for you and your painting business. Check out our instant quote generator where you can get an estimate on market-leading insurance in seconds! Simply enter your occupation and expected revenue to get started.
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