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Also, you have seen the necessary steps to take when starting out your painting business.Click here to view this full business plan Barnum Painters will provide top-quality interior and exterior residential and commercial painting services.
Initially the company will focus on residential and commercial customers in the Everett, Washington area.You also need paints to do the job, but it is advisable to leave out purchase of paint until your client takes a pick of the colour of paint that should be used for the job.You can contract with a paint manufacturing company to supply you with any colour and amount of paint you need for a job, to be paid for after you are paid for the contract.Both lead to lower customer satisfaction, lack of repeat business and a low word-of-mouth referral rate.Barnum Painters believes that by implementing this contractor business plan, it can improve upon and exploit these weaknesses to gain local market share.This will help to provide greater long-term profits through referrals and repeat business. Finally, the company has procured a ,000 line of credit (not shown on financial statements) that will be used if necessary to cover unforeseen expenses or opportunities.Barnum Painters will institute the following key procedures to reach its goals: Barnum Painters is a start-up limited liability company consisting of three principal officers with combined industry experience of 40 years. Barnum Painters will be located in a rented suite in the Rucker Industrial Park on 710 Snoquamie Route, Suite 250 in Edmonds, WA.Get Others On Board-: If you do your adverts well, there will come a time when you will start getting more jobs than you can handle, when this happens you can contact other good professional painters to work for you on contract basis to help you meet deadline.You can decide to pay them a percentage of the total amount you will make from the contract.The principal officers of Barnum Painters believe that most companies in this industry suffer two major problems.These are poor scheduling of job projects and poor retention of quality employees.