Swimming is a popular pastime in America. The maintenance and operation of swimming pools throughout the country is a major business. According to IBISWorld, the swimming pool cleaning services are a $3 billion market. The industry is not dominated by one company, so there are plenty of opportunities for new business owners to open a pool cleaning service.
Towards the end of this article, you’ll find answers for some of the most frequently asked questions on how to start a pool cleaning business…
Now that you’ve found the right business idea, it’s time to get on to the next steps. It is not enough to register your business with the state. There are many other aspects of starting a business. This is a simple guide for pool cleaning businesses. These steps will help ensure your business is adequately planned, legally compliant, and registered.
For entrepreneurs to succeed, a clear business plan is crucial. This will allow you to map out your business’s details and uncover some hidden opportunities. Here are some important points to remember:
A pool service business’ startup costs can be as low as $2,000 (without licensing fees). The majority of capital goes towards equipment and supplies. Water test kits, cleaning chemicals, and skimmers are all essential for a business. Although it helps to keep costs down, bulk purchasing chemicals can increase the initial investment.
A vehicle large enough for business owners is essential. Some crossovers can be used in place of trucks, SUVs, or trailers. Many business owners start by using their own vehicles to reduce startup costs.
You would also need to put up a support team should you decide to expand the business.
A pool service business has ongoing expenses. These include fuel costs, vehicle repairs, maintenance, and depreciation. The total cost of ongoing expenses accounts for approximately 20 percent of a business’ revenue.
Although most pool service companies clean and maintain private pools, the ideal customer for a business has a commercial pool as in health club pools hotel, apartment complex or condominium property, school, park, park, or fitness center. While commercial pools are more time-consuming to clean, pool service businesses can charge more to clean them. Commercial pools are also more frequently used and require more frequent cleaning. Commercial pools might need to be cleaned weekly or at least twice a week.
The cost of a pool service business depends on many factors, such as how often the pool is maintained and what the pool attendant does during service. Home Advisor estimates that pool service costs an average of:
A typical pool service business owner will earn between $50 and $60 per hour cleaning pools. This is a full-time job that pays $2,000 to $2400 per week. In the off-season, there may not be any full-time employment.
It is both crucial and challenging to choose the right name. Opening a business under a different name other than the owner’s personal name is possible under a sole proprietorship.
When registering a business name, experts recommend that you do thorough research on the following:
The types of business structure that are commonly used are the following:
A legal business entity protects the business against being held personally responsible if the print shop gets sued.
An LLC can be set up easily by anyone with only minimal state LLC fees. Alternatively, an LLC service provider can do the job for a small, additional fee.
It is necessary to choose a registered agent for the LLC. A free annual registered agent service is often included as part of any LLC formation packages. The owner can act as the representative or opt to avail of the benefits of a registered agent.
Before opening the business, the owner will need to register for various state and federal taxes. To register for taxes, an EIN is required, which is a straightforward process and completely free!
The EIN can be obtained free of charge through the IRS website, fax, or mail.
There are many options available for taxation of the business depending on how it is structured. An example of this is an LLC that could be taxed as an S corporation(S corp).
Below are some guides about small-business taxes that are worth checking out:
It’s important to note that specific state taxes and franchise taxes may apply to the business.
For personal asset protection, it is important to use dedicated business credit accounts and banking accounts.
In the event of a lawsuit, personal and business assets such as the home, car, and other valuables of the business owner, become at risk if they are mixed. Business law calls it “piercing the corporate veil.”
Additionally, building business credit can be a way to obtain credit cards and financing under the business name and better interest rates and credit lines.
To better understand the business’s financial performance, it is essential to keep track of all of the expenses and income. It is also easier to file annual taxes if detailed, accurate records are kept.
Failure to obtain necessary permits and licenses may result in heavy fines or even complete business closure. Below are some points to remember when obtaining a business license and permit for a pool cleaning business.
Some states require a Pool Contractor License. A Pool Contractor License is required for pool servicing. The requirements for this license are typically a Bachelor’s Degree or 4 years of experience. After meeting these requirements, the applicant can take the Pool Exam to qualify for the license. There are fees both for the exam as well as the license.
A service agreement should be required for all pool service providers before they start a new project. This agreement should outline client expectations and reduce the risk of legal disputes. It should also include payment terms and conditions, expectations regarding service level, and intellectual property ownership.
Like licenses and permits for businesses, insurance is necessary to ensure that any business can operate legally and safely. Business insurance protects the company’s financial health in the event of a covered incident.
Many types of insurance policies can be purchased for different types and types of businesses, with various risks.
General Liability Insurance can help determine the potential risks to the business.
This is the most widespread coverage small businesses require, so it’s an excellent place to begin for a nail salon.
Workers’ Compensation Insurance is another crucial insurance policy that businesses will need. The state will likely require company workers to have Workers’ Compensation coverage.
The brand is the company’s identity. It is also how the business is perceived in the eyes of the public. A strong brand will make any company stand out from the rest.
Marketing efforts for a pool service business should be targeted at pool owners in the service area. These potential customers may be reached online by targeted ads or direct mail.
Even if you don’t have a lot of money to market your business, it may be possible to find your first customers by cold calling and to go door-to-door. Although this is a time-consuming task at first, it will result in customers located in the same area as your customers. This will decrease the driving time between customers’ locations.
The success of a pool service company can be directly affected by how it is promoted. Market a pool service business in the spring and late winter. This is when people start to think about their pools, but not before signing a contract with another company. A pool service company that can sign contracts at this time will have customers for all seasons.
The next step after defining the brand and creating a logo is to create a website.
Though creating a website may be essential, others might fear it is too difficult because they lack the necessary experience.
Although this was a legitimate fear in 2015, the web has seen significant advancements over the years that make the lives of small business owners easier.
Setting up a business phone is one of many ways to ensure that private and professional lives are separate.
This isn’t all. It can also help pool cleaning businesses become more automated, increase the company’s legitimacy, and make it easier for potential customers and clients to reach the company.
There are many services available for entrepreneurs who want to set-up a business phone system.
If you love working outdoors and don’t mind getting dirty with your hands, you might enjoy running a pool service business. Being self-motivated is vital as business owners of pool services often work alone and clean pools. It’s also helpful to be personable because they see customers often when cleaning pools.
The average hourly wage for a pool cleaner in the United States was $14.06 per hour as of September 17, 2021. ZipRecruiter has seen hourly wages as high as $18.03 or as low as $7.45. However, most Pool Cleaner wages range from $12.02 (25th percentile) to $14.90 (7th percentile) in the United States.
A pool service business’ startup costs can be kept as low as $2,000, excluding any licensing fees. The majority of capital goes towards equipment and supplies. Water test kits, cleaning chemicals, and skimmers are all essential for a business.
Basic pool cleaning equipment and products for a pool service business are poles and hoses, skimmers, and cleaning products, plus a reliable transportation.
A pool cleaner costs $86 per month for weekly service or approximately $1,032 annually. For a one-time service, expect to pay $150-$300 and $175-$255 respectively for acid washing.
Below are the 10 Steps to starting a pool cleaning business:
Most companies require either a high school diploma or a GED certificate for a pool cleaner. Prior knowledge of cleaning pools is not necessary as companies offer on-site training, allowing you to get an overview of the company’s approach to pool maintenance and customer management.
Our review team has come across a program in the real estate industry that is next level!
Although it’s not real estate in the traditional sense, it’s all digital.
With digital real estate, you have the opportunity to completely walk away from your 9-5 job!
Sound too good to be true?
Of course it does!
But it isn’t…in fact, business owners wish they had this skill!
What exactly is the skill?
Well, basically you are acting as a conduit for small business to increase their bottom line.
What we mean is…
You are helping these businesses grow!
All you have to do is build and rank a website and forward certain jobs off to a business owner in town, you could even email it to them!
This works for literally any service based business… ie: tree service, plumbing, towing, etc.
Simple, after you forward the jobs off to a business owner and he makes closes the deal, you simply ask to agree to a WIN-WIN arrangement.
A fair price to charge per lead, depending on the industry is 10-20%… let’s just use the tree service industry for example and go by worst case scenario.
Let’s say you build and rank the site and only 20 jobs a month come in. The average tree service job is anywhere from $500-$2000!
That means at bare minimum you have an asset worth $1000 a month!
See why they call it digital real estate now?
That’s a rent payment.
The great thing is how easy it is to scale. You don’t have to answer the phone…all you have to do is get the phone to ring.
Truly passive income!
The training program takes making money online to a whole other level. The owner of the program walks you through how to build and rank a site hand in hand, with the occasional voice over when he is sharing his screen.
You will learn the importance of keywords, website name, how to send call notifications via email, backlinking, etc.
Once the training program is completed you will also have access to a Facebook group where you can ask questions and be in a community with others on the same journey as you.
Digital real estate allows you to have passive income with most of your day being spent OUT of the brick and mortar landscape.
Now, we know you probably have tons of questions…