Professional House cleaning Business with Low Investment Fallacy to Clean House

We are not saying that to come to our industry needed investment. In fact, for those cleaning yourself, or with only one or two others to clean with them, it is possible to get into the industry at just one hundred dollars, and we have nothing against someone taking such an approach. It's just that we do not consider the growth or profit potential of such efforts, it would be interesting. On the contrary, we believe that the (usually without damaging the industry's pricing structure) such entrepreneurs actually end up just buying yourself a job cleaning houses, the work they will be tired before the company reaches anything remotely sufficient scale to become financially interesting.

Think of any such companies as equivalent to Alice, the Maid of Brady Bunch fame. I can imagine that Brady paid to her, not as an architect mind you, but still good enough. Nevertheless, it was really a business, or did it just work as a maid? What if she bought a cell phone for yourself and split the surrounding area during their lunch hours trying to line up a job for yourself and her sister Saturday-would that then have made up your own business? We love Alice just fine. It's just that we do not have to think about it, as it was in the business, and even when it worked Brady, because of its inability to scale, we did not feel terribly threatened her as a rival. If you are going to get into business with the bucket, price, and start cleaning yourself, then imagine yourself as Alice. If you are committed and competent as Alice, no additional goals of growth and profit, and to meet their payroll, insurance benefits, and retirement plans, and then you try to be successful (as long as you find a family as beautiful as Brady).

I'm not trying to discourage you, but, on the other hand, we would not want anyone just stumbling into our industry with their eyes closed, so the place a mess. We argue that a lot of the hype sold today - that in the magical metamorphosis of test results homerun in maid ballpark bunt. We already have a sufficient number of companies in our industry Bunting their brains. If someone wants to start another maid service, let them bring their money and swing for the fences. To start real-scaling maid service company from scratch, expect to spend $ 50,000 (pay yourself zero) during the first 12 to 18 months course. During that time, the skillful management and a healthy dose of luck you will probably have passed operational break-even (at the payback on your investment), built in referral 100-120 Bank fantastic high-paying clients and gathered troops from 8 to 10 in exceptional, well-paid, well- trained, loyal employees. The fund was set up and round two can begin.

It really can be done much cheaper in the long run, but really it comes down to what value you put on your time. For Hanna and I, we were both investment bankers prior to the company. So we do not really want to go slowly for three to five years, paying himself a pittance cleaning house yourself, when you need to, and have been waiting for the company to grow. I know some think you need to do some cleaning work for yourself when you first start, but we have never used a complete modules, although the opportunities presented themselves almost daily. It was not not want to get our hands dirty affair, it's just that our hands were already quite full, manage the monster. Given the opportunity to do more, we can avoid some of the mistakes we made then and have spent less than we did, but basically, we do not now take less brazen approach to growth and quality of service.

If we had it to do over again, as a first step, we try a lot harder to find and buy a profitable one with a maid at OK prices, half of ten employees, and about 50 to 100 customers are grouped together as much as they could be more beautiful neighborhoods. The only problem with this approach is that you have to be opportunistic about it, or you will be grossly overpay. Before we get started Denver Concierge, we looked at and actually found one such company, but luckily, we have refused to pay $ 100K sought (the price was only $ 30K). We had not yet learned that such a company, the business agent participates in and of itself, so the deal within a reasonable price inadequate.

We were in a big hurry anyway, so we decided instead to start business from scratch. In retrospect, maybe we should just spent the entire summer looking for the perfect first acquisition perspective, finding the perfect place to rent, office organizing, pricing vendors, arranging insurance, prepping vehicles and create simple systems of training, operations, accounting, payroll and scheduling. We can invite ten companies around cleaning your home, created marketing materials, scoped out the competitor price to pay, and office locations. We could have done all that extra spending some rent and tax deductible home cleanings, and we would have been better prepared when we finally were able to obtain continuity at a reasonable price. At that time, even though we did not realize that cleaning companies, for example, the leaves are rich. . . if you just wait for the fall. Even the least understood, there would have been no need to wait for us, we did not like to make anything all summer idea. Of course, it seems ridiculous now, because we were not actually afford to pay anything at all for the first two years anyway.

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