Starting your own pest control company requires thorough planning and securing license – both of which can be very time-consuming. But, for an aspiring entrepreneur, this is just a simple sacrifice to make, as this type of business can be extremely profitable and easy to operate, as long as you have the right tools, such as business software pest control companies should have. According to experts, a pest control company can easily generate profits beyond $75,000 per year.
Here’s how you can succeed in this industry:
The Types of Pest Control Services You Want to Offer
Determine the type of service your clients can expect from you. For general pest control services, these may preventative yearly maintenance of rodents and bugs with the usual methods such as chemicals and traps, and even termite inspection. For the more specific services, it can be bees, roaches, spiders, ants, mice, rats and snakes elimination. If your manpower can handle it, offer a variety of services based on the needs of your community. This will allow you to reach out to as many clients as possible.
A Business License to Operate a Pest Control Business
You can secure this legal document through the county clerk’s office or small business administration office in your area. Contact the state pesticide regulation office or the department of agriculture to apply for a pest control business license. Depending on the business structure you chose – a limited liability company (LLC), corporation or partnership, make sure to register your company with the secretary of state’s office. Also, don’t forget to apply for an Employer Identification Number and a sales tax license.
Business Insurance and Surety Bond
Get both of these only from a licensed insurance provider. For business insurance, you can expect general liability, auto, product, property and worker’s compensation as part of the coverage. A surety bond, on the other hand, is used to provide additional insurance coverage in case of a lawsuit or settlement. This can also help keep businesses financially accountable whenever they have transactions with their clients. Each employee in your company must purchase a surety bond.
Lastly, don’t forget to advertise your business. Now, you don’t need to spend too much to increase awareness of your business. Get the right social media team, and you’ll be all set.