Small Business Opportunity: Top 7 Reasons to Start a Painting Business

Small Business Opportunity: Top 7 Reasons to Start a Painting Business

House painting is a skill that most people can pick up fairly easily. This is one of those rare home business opportunities that really works and it’s very possible to make $30-$50 an hour without much effort.

Here are the top 7 reasons why anyone with basic painting skills should consider starting their own painting business.

1. Residential and Commercial Painting is a $22.5 Billion Annual Industry!

Every day, homeowners across the country (and the world) spend millions of dollars to paint their living room, bedroom, kitchen, etc. This is an industry that truly has an unlimited amount of work.

The job is much more than painters. Listed in the top 10 businesses of 2006 and predicted to grow into a predictable feature, there has never been a better time to start a painting business than now.

2. Basic drawing skills are easy to learn.

It doesn’t take long at all to develop basic drawing skills. Almost anyone can do it. Most painters who learn through On-the-Job Training take it in just a few weeks. It just takes a little practice.

3. Very low start-up costs

Painting business is one of the best businesses because it does not require much money to start. For under $250.00 (depending on where you live) you can start a painting business and make money.

With such low start-up costs, it doesn’t take long to become profitable, and if you target small, high-paying jobs, your overhead is almost zero.

4. No expensive advertising needed

Unlike most other businesses, painting does not require a huge monthly advertising budget. In fact, it is entirely possible to build a profitable painting business without any traditional advertising.

Smart painting business owners spend time building relationships with people who “know people” who can refer them work.

5. Earn professional income working part-time.

Many successful painting owners earn $60,000 – $100,000 per year working less than 35 hours per week. Once you develop your skills and become experienced, it’s not uncommon to make $300-$500 a day working just 4-6 hours.

It’s possible to make more in one day than most paint jobs working 40 hours a week. Every day painters sell their valuable skills to a boss for a measly $12-$15 when they could be earning top dollar running their own painting business.

6. Freedom, way of life and security.

The best thing a painter can do to secure his future is to start his own painting business.

The potential to earn above average income working part time is one of the biggest benefits of owning a successful painting business.

Many artists make a great living running their own painting business. They drive nice vehicles, live in nice homes, and have the time and money to do the things they love.

7. Exclusive tax benefits

Running a small painting business out of your home offers you many outstanding advantages such as high profit potential and low costs. Expenses such as gas, tools and your vehicle can be written off. (Be sure to check with your accountant) But the tax benefits of owning a small business are wonderful.

As you can see, the sky is the limit for artists. Unlimited work and high pay attract many people to the painting trade every year.

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