Daniel HonanFounder, Profitable Painter CPA PLLC · I help painting contractors increase profits & cash flow while reducing taxes♦ Bookkeeping ♦ Tax

Painting Business Owners: Learn how to start making money in your new business.

Name: Painting Business Owners: Learn how to start making money in your new business.
Uploaded: 2024-01-03T15:46:01+00:00
Duration: 32 s
Channel: Daniel Honan
Description: A painting contractor explains how to set up a new business legally and start earning money. Register an entity, get an EIN, open a separate bank…

3 Jan 2024 · 1 min

Watch on YouTube

0:32

A painting contractor explains how to set up a new business legally and start earning money. Register an entity, get an EIN, open a separate bank account, and buy insurance. Then pick a specific niche like cabinet refinishing or exterior painting so you can target customers and market effectively.

Chapters

Now that you got your entity set up, you have your EIN, you have your separate bank accounts, insurance squared away, you need to start making some money. So really narrowing in who are you serving and what are you offering? What is basically your niche? Sometimes it's not enough to just say like, I have a painting business, that can work, but can work even better if you can kind of niche even further into a certain service. Like maybe you're really good at cabinet refinishing or really good at exterior painting, interior painting, residential repaint, and get really niched down. Helps for one, narrowing down who are you serving and also your marketing message.