How to Start Painting Business in Nigeria
Do you like to mix colors? Are you fascinated with how to make buildings look beautiful? Are you in search of a business that costs you almost nothing to startup? If your answer to these questions is yes, you should look no further than starting a painting service.
Read: Paint Production Business Plan in Nigeria
Did you just ask, why a painting service? Not to worry, before you are done reading this, you will see why you should start your own painting service. If you are ready, put on your entrepreneurial hat and let’s get to business.
Why you should consider a painting service business
As a young entrepreneur with no capital at hand, there are certain kinds of businesses you should look out for. You need a business that requires little or no capital, requires no technical knowledge, requires little or no running costs, and is in high demand. What kind of business has all of these characteristics? Yes, offering painting services.
While many people think this is a dirty business, it is actually perfect for a young person seeking to make an honest living. Do you know that anybody can houses? There are no technical skills involved in painting neither do you need a special certificate from any institution to operate.
All a painter does is mix paint and apply it to the surface of buildings. It is that simple. These days, with the advent of wallpapers, painters also learn how to apply wallpapers as an added skill. New buildings are constructed in Nigeria every day and old ones need refurbishing. This means that there is a constant need for painters.
Who needs your painting services in Nigeria?
Whether in the public or private sectors, people will always need painters. In fact, painters get to work on a daily basis because there is always somewhere to paint. You are probably wondering who needs your services in Nigeria today. Check out the list below:
- The Public sector (public facilities et al)
- Organized private sector (Corporate organizations)
- Property Management Companies
- Real Estate Companies
- Construction Companies
- Estates and Communities
- Religious Centers
- Interior Decors and Facility Makeover Companies
Do you now see that you can make a huge income from this industry? What matters is how you are able to market your services.
What niches can you focus on?
There is a saying that goes thus, “a Jack of all trades is a master of none.” Even though many people don’t agree with this notion, it is the truth. As you plan to step into this industry, it is important that you specialize. To do this, you need to figure out what niche you want to focus on.
There are several niches in the painting service industry and you have the liberty of specializing in any. It is a matter of choice or where you think demand is highest in your locality. Here are some niches you may consider:
- General residential painting
- General non-residential painting
- Paper hanging and wall covering
- Paint and wallpaper removal
- Construction painting
- Non-building painting
Don’t get it wrong, it is not necessary to specialize initially. However, as you grow your business, you wouldn’t have a choice else you’ll end up revolving in circles.
Dealing with the competition
Just like you, there are several other individuals who are starting up their own painting service business. This is besides the number of existing veterans in the game. How do you overcome the competition? Are your world-class skills enough to keep you afloat? The answer to this question is a blatant NO!!!
It goes being able to deliver quality to being able to attract new customers and keep your old ones. Networking is very important in this line of business, what is more important is networking with the right people. You need to find the decision-makers and your key partners in this industry.
In plain terms, you need to know who is calling the shots when it comes to construction work in your city. Once you do, you have to find a way to convince them to try your services out. When you get your chance, don’t blow it. In this line of business, it is a case of the “survival of the fittest.” The fittest is that person that can grow their network reach the widest.
How Profitable of Paint Production Business in Nigeria?
While many people see painting as a dirty line of work, do you know you can make a fortune from this business? You are probably wondering how this is possible. Let’s try to break it down in the clearest possible way.
In most of the urban areas in Nigeria, it costs between #5,000 and #7,000 to paint a small room. Painting this small space will take an average of two to three hours. Imagine you get two of these jobs per day, you can be making between #10,000 and #14,000 daily.
Let’s say you have three busy days in a week, you could be making between #30,000 and #48,000 weekly. Are you already calculating how much you’ll be making in a month? Now try calculating how much you will be making at the end of the year.
This is just for small rooms, we haven’t even talked about whole bungalows or Storey buildings. Do you now see that you can make a huge fortune in this business if you are hard-working?
What do you need to start your painting service business in Nigeria?
Just like in every business, there are several things you must set in place before you start your painting service business. There’s no point beating about the bush, you don’t need so much for this business. Here is a short list of things you need to do:
- Run a feasibility study. This is necessary to tell you exactly what to expect from the industry and where to specialize. It shows you your target market and how you can reach them.
- A business plan. You are definitely wondering why a painter would need a business plan. The truth is that every business needs one. It doesn’t have to be bulky, it just needs to be comprehensive enough for your business.
- Painting instruments. Find out all the instruments you need for your work and invest in as many as you can. Again, you don’t have to buy everything at once. You can invest in the basics first and then gradually invest in others as you grow.
- A marketing plan. This is very important if you are going to increase your client base. How do you want to reach your target market and what do you need to do?
How much do you need to start this business?
Frankly speaking, you don’t need any money. Doesn’t that seem strange? It is strange but very true. All you need is a willingness to start and a little knowledge on how to handle the brush and mix paint.
So how do you get your brushes? Simple, when you get your first gig, take out some money to buy the brushes you need and you can grow from there.
Are there any challenges?
The answer to this question is YES!!! But they are nothing that you cannot handle. The truth is there are painters in every part of the country and many of them have been in operation for a long time. The competition will be stiff but with a good marketing plan and quality skills, you wouldn’t have any problems.
Now you know what it takes to start a painting service in Nigeria. By the way, do you know that you can expand from here to owning your own paint production company? It is very possible but that is a story for another chapter. Are you inspired to start your painting service business just yet?
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