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Painting Business How To Tips

Painting Business Tips, Tricks and strategies for running a successful painting business. Use and Profit from nearly two decades painting skills, business and consulting experience.

Friday, July 25, 2008

Starting a Painting Business in the New Economy

Contrary to what you may think, starting a business of your own is the single smartest action you can take... and if that business happens to be a residential Painting Business your chance of profiting wildly in this new economy is outstanding.

Here's why -
  1. As housing prices regulate back to their normal standards, before the over-inflated bubble burst, home owners understand that in order to retain the value of their home or to get a good price when selling, they must make improvements... and painting is at the top of the list.

    Why? It is the biggest cosmetic improvement and it is one of the least expensive ways to update.

  2. The tax benefits of owning a small business (painting or otherwise) are outstanding. It is a legal way to keep more of your hard earned money in your household.

  3. Working for yourself is always the smart thing to do when an economic downturn happens.

    When you are in control of your own actions you can go out and make as much money as you want. When you are at the mercy of working for a boss the best you can do is an hourly wage and hope your boss doesn't cut your hours.
Starting a painting business is really quite easy - if you have a few years of experience under your belt, you should consider at least starting a part time business with the intent of working your way into full time...

Remember what I said about great tax benefits? Well, Uncle Sam says that even education is tax deductible - that means you can invest in Painting for Profits and write it off as a business expense.

You've got to love it...

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