In this review, we’re outlining the 11 steps you need to know about starting a pest control business.
And not just that…
The steps I’m going to show you is the exact same process that 79.3% of our readers found to be critical when deciding which way to go in order to make money in with this business model.
Now, before we get started…
You might have your own thoughts when it comes to starting a pest control business, but at the end of of this review, I’m sure you’ll be pretty happy with whatever decision you make.
So, with that said, let’s jump right in!
The growing market for pest control offers many opportunities for entrepreneurs to make money.
You may be a good fit for a career as a pest controller if you are passionate about solving problems and are detail-oriented. When you start your own pest control service, you will be in charge of all aspects of marketing and scheduling.
There are pest problems that may come up that would require some creative thinking.
Towards the end of this article, you’ll find answers for some of the most frequently asked questions on how to start a pest control business and other online alternatives.
Pest management is a broad field where businesses specializing in pest control may deal with specific pests or employ certain methods of prevention and treatment such as poisoning or natural baits.
Businesses that specialize in pest control can also be used by commercial companies. Others cater to residential customers.
Pest management could include all kinds, including termites or bed bugs, termites, rats, mice, and roaches, as well as spiders.
The National Pest Management Association says that pests can damage a building’s structural integrity or safety. Pest control also protects the public’s food supply and their health.
While many entrepreneurs may opt to start their own pest control businesses, it is possible to franchise with large pest control firms.
Recent growth in the United States has seen a boom in the pest control industry. According to IBIS World estimates, the industry experienced an average 4.3 percent annual increase between 2014-2019.
In that period, pest control businesses increased by 30,833 and employment increased by 139,900. In 2019, the pest control industry was expected to bring in $16 million in revenue.
This significant growth can be partially attributed to the rise in bed bug infestations and the need for treatment and prevention.
They are commonly found in hotels, but they have spread to other areas such as offices and clothing stores.
This increased commercial demand was matched with the continued residential need for pest controls services, increasing profits and a boost in the industry’s revenue.
Workwave predicts many trends will continue to shape the pest-control industry. Bundling pest controls services is a smart business strategy.
This allows customers to pick the level of service that suits their needs while increasing profits.
Bundled pest control services make it possible for technicians to perform multiple services at once, increasing efficiency.
Pest control companies will have to take advantage of the numerous technological advancements that make communication much easier.
Companies have many communication options available to them, including email, social media, and text. This will allow them to provide a better customer experience.
Businesses can attract repeat customers and referrals if they show that they care about their customers.
Consolidations have also been seen in the pest control sector, where larger companies acquire smaller businesses. This trend is unlikely not to slow down.
In 2018, there were more than 30 high-profile acquisitions. The market is hot. This means that smaller companies might be in a position to merge or acquire larger ones.
Smaller companies also can stand out among larger companies and leverage their small size for marketing purposes.
Pest control companies typically target a residential or commercial audience, although some businesses market to both.
The primary target audience is usually property owners, specifically hotel owners, homeowners, store owners, and rental property owners.
While it won’t require a business diploma to start your pest control business, specific skills can help increase your chances of success.
Pest control experience. The more experience a business has in pest management, the better.
An opportunity to work under or apprentice with a professional pest control company will equip a business owner and give them valuable skills and knowledge.
Business owners who have experience with pest control and are familiar with the chemicals used may be able to pass the exam necessary for a pest license.
Attention to detail. Finding the right pest control strategy and identifying them is all about details. It’s essential to pay careful attention when applying chemicals.
Customer service skills. Strong customer service skills are essential for any pest control business owner. This includes answering the phone and presenting a professional appearance during a service appointment.
Good customer service skills will enhance the business’ reputation.
Sales skills. A pest control business owner with some sales experience can boost their business’ profits by encouraging customers and signing up for maintenance plans that last multiple months.
Management experience. An owner who is responsible for hiring employees must have previous management experience. This includes the ability to conduct interviews, train and manage staff.
Physical stamina. Pest control can be physically demanding. You may need to climb, kneel, crawl, and do other things. A pest control owner will need physical strength to make it through multiple appointments each morning.
You will need to put some money upfront to start a pest-control business. If you have employees or multiple vehicles, these expenses will increase by up to three times. Budget for at least $40,000 in vehicle and supply costs.
Common startup costs include:
Next, you need to prepare a plan for your business. A business plan will not only be required by banks but also, according to multiple studies, it will increase your chances of starting and maintaining a successful business.
Business entities refer to the legal organization of a business. There are four types of business entities available: sole proprietorship, partnership, Limited Liability Company (LLC), and corporation.
Each entity has its own pros and cons, including liability exposure, costs, and administrative needs.
You might find it tricky to pick the right name for a business. When looking for a business name, make sure it’s easy to remember and memorable to customers.
Pest control companies don’t need to be located in high-visibility areas because they provide service at customers’ homes or properties.
Many pest control businesses will work from a garage or warehouse, which helps to lower operational costs. An advantageous location may be found along a busy highway to provide visibility for passing vehicles.
There are different requirements from state to state. However, to operate a pest control business in most of the states, you must be licensed.
In most cases, you will need to take a pesticide application course, then sign up for the state’s exam and pass it. Once you pass the examination, fill out an application and pay a fee.
A pest control business owner must also be licensed or permitted to operate, by having a business license, employer identification number, sales tax permit, and others.
It is one thing to have a business idea and run it well, and another to fund it. Funding can be challenging.
Banks will require borrowers to have excellent credit and invest between 15 and 25% of their money for the initial costs of starting a pest control business.
You will easily track your business’s income and expenses by keeping your personal finances separate from your business bank and credit card accounts.
It’s good to know that most customers will become regular pest control customers. But, businesses still need to market to get new customers.
A new pest control business can use various marketing strategies such as print advertising online, radio advertising, direct mailers, and flyers.
The type and quantity of marketing you need will determine the cost, but it is expected that marketing will continue to be an ongoing and expensive activity.
To have full coverage for pest control businesses, you need to have multiple insurance policies.
Some states also require businesses to be bonded.
Costs of insurance coverage vary depending on location, equipment value, and staff size.
Ask for quotes from multiple insurance companies to get an accurate idea of how much insurance will cost.
Compare the quotes carefully, considering factors like premiums and deductibles, including coverage limits and exclusions.
Depending on the size or needs of your pest control business, you may need one or more additional employees.
The average annual salary for a pest control technician, according to Indeed, is $39,292. Salaries are the most significant operational expense of a pest management business.
Employers should budget for more than just salaries when they hire employees.
This includes additional costs such as workers’ compensation insurance, unemployment insurance, and health insurance contributions.
If potential employees are driving expensive company vehicles, make sure you check their driving records before hiring.
This could lead to potential liability for your company as the employees may be allowed into customers’ homes and businesses.
It is crucial to have an accounting system to ensure the long-term success of your pest control business.
Tax compliance is crucial for ensuring that the business does not get into trouble with the government. The numbers can also be used to track trends and cash flow and maximize profits.
The profitability of a pest control business will depend on its location and profit margin. It also depends on the volume of business it does.
Entrepreneur.com reports that the average pest control business profits can exceed $75,000 annually.
Keep in mind that your profits and income can be affected by the number of employees and vehicles you have.
It can be challenging to run a pest control company due to the conditions in which you work. Pests can be found in difficult-to-reach places like crawlspaces or attics.
You may have to reach those areas in hot summer and cold winter. If you accidentally bring pests home, you could have serious health consequences.
This can be prevented with thorough training and proper precautions.
Training employees is essential for applying treatments, as well as soft skills. They are the face of your business when they enter a customer’s home.
Customers will decide whether to renew their contracts if they have professional employees.
Chemical handling protocols and knowledge are vital for your clients’ safety as well as your own.
You should ensure that you follow all local regulations regarding the storage, handling, and transportation of chemicals and have a protocol for cleaning up any spillages.
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…