Make More Money with Your Painting Skills: Start a Business

Painting BusinessPainters can make a decent living off their skill and talent. Most painters employed in the US only need a high school diploma, and some not even that. What matters is an understanding of the craft, materials, and tools. The ability to work with other people is a plus.

A house interior painter can earn anywhere between $23,000 to just upwards of $62,000 annually. Skills in painting are not limited to working on houses and office buildings, there are other jobs a painter may accept.

The best-paying painting jobs per industry are found in transmission and distribution, electric power generation, and motor vehicle manufacturing. As for location, the good painting jobs are in Fairbanks, Alaska; Chicago; and Buffalo, New York.

Starting a Painting Business

According to the creator of the Painting Business Pro blog, it’s possible to start a painting business with a little money. Some of the things you’ll need to do include the following:

  • Get the necessary permits and have your company registered. You don’t want to have any problem with the law, of course. You also have to make sure your taxes are current.
  • Get insurance for you and your company, and of course, workers compensation. The dangers of operating without insurance vary from getting in trouble with local authorities to having to pay out-of-pocket in case someone gets hurt at work.
  • Of course, you will be needing painting equipment. There is quite a long list of equipment you have to buy. The ladders, brushes, caulk guns, etc. do not cost a lot, but if you have special services that require the use of big specialty equipment, such as down draft paint booths, you’re going to have to spend more. For now, focus on what you need to start your company, but if you have the budget, it’s fine to go all out. You don’t want your customers moving to another painter with better equipment.
  • Prepare a portfolio or a client manual. This will give your prospective clients an idea who you are and what sets you apart from other painters.
  • Study your pricing based on current ones in the field, depending on your area and the quality or brand of your material (paints).
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These are some of the basic instructions for anyone looking to start a painting business. If you have the skill, think about doing your own thing. This will give you an opportunity to succeed in the business you already know well.