Are you interested in starting a pest control business from home? Do you need a sample pest control business plan temple? Then I advice you read on.
It doesn’t matter where you come from or where you live, pests exist everywhere and they cause huge problems from destruction of valuables to spreading of harmful diseases. This is why a pest control business is very lucrative.
You can start a pest control business with minimal capital on an initial small scale and the business can eventually grow very big to become a good source of wealth. However, starting this business requires a level of passion, dedication and hard work.
Those in need of pest control operators include companies, various factories like dairy factories, biscuit factories and other such factories with perishable goods and raw materials, schools, hotels, modern shopping malls, farms and even residential buildings.
This business can generate between $60,000 and $80,000 a year depending on your location; while for your startup capital, you would need between $8,000 and about $60,000 depending on the services you plan to render.
Starting a Pest Control Company – Sample Business Plan Template
1. Find out the licensing requirement
The first step you should take when considering starting your own pest control business depending on your location is the licensing of the business. After registering your company, you need to get the required permission from the authorities in charge to be a pest control operator which definitely comes with a price.
You will pay for licensing and you will also be required to pay for liability insurance too. Licensing costs around $200 in most states in the US, while insurance could cost you from $100000 to $250,000.However, in some countries, you do not need to obtain liability insurance to start a pest control business.
Training is also essential before you start this business so you would know more about the various chemicals you would be handling, how powerful they are and what they do. You would also need to know what to do in cases of emergency, how to advice customers and how to manage and maintain equipment.
It is not wise to just wake up one day and start operating pest control equipment with strong chemicals without training. Training will teach you what to do in when choking occurs or other occupational hazard. You would also need to understand how the chemicals work and know the exact number of days humans and pets must stay away from sprayed areas using different chemicals.
Pest control is of various categories. Some types are for prevention which entails blocking all possible entry points in the building, cutting off all source of feeding the pests could possibly get and all the foods that attract the pests and help them grow. It has to do with making sure the environment doesn’t breed the pests. Other types of pest control are baiting, beneficial insects, insecticides, traps, pesticides, etc.
A feasibility study of the business and what it entails is also a wise step to take before drawing your business plan. Learn as much as you can about profitability, pricing, pricing strategy and competitors.
4. You Need a Business Plan
Having done this, you need to draw up a business plan. This is a very important aspect of any business as it determines the life and survival of the business. As you do this, you would get to know the cost of each material and equipment, what materials are important and how to make profit working around your target customers.
You could consult and hire experts to help you draw your business plan. It is smarter to work closely with whoever you hire, so that he can understand all your visions and intention for setting up the business. No one can understand your business goals better than you. You can also download very useful software that would assist you in drawing up your business plan.
5. You Need a Budget
Budgeting is also very important when you are about to start utilizing your initial capital. A good budget plan helps you spend wisely and help you use your resources efficiently .
I am sure you won’t mind keeping some cash you thought you would utilize from the start. You can also hire an expert to help you with budgeting because it has to be done properly or you can get online applications to help you get it done.
6. You need your Weapons / equipment
Next to be put in place is the procurement of whatever tools you may need, starting with your truck, power sprayers ,vacuums, coveralls ,masks and other safety uniforms; as you must dress appropriately for the job and also your various pesticides and chemicals, bait guns, foamers, fogging equipments etc
Prices of materials and equipments vary depending on the products you chose. You would also need to choose your location and whether you are buying new or used equipments .Your truck for example, if you intend to buy a new van could range from $20,000 to $25,000.
If you cannot afford that, you could go for a used truck which will be very much cheaper than that. Sprayers should cost around $200; foamers should also cost around $180 while you can get safety uniforms for around $100. You can check online for various prices so you can get to pick which ever works best for you.
7. Get Publicity…. It Takes your Business Places…
Publicity takes your business places. You need the right medium to take the awareness of your business into the homes of your prospective customers. You could print flyers, posters and handbills, you could also tell people in the neighborhood by word of mouth, family and friends inclusive.
Newspaper adverts would also go a long way if your budget permits. Other ways to get customers are through internet adverts or bulk SMS. Asking for referrals go along way too. It won’t hurt if you do a couple of free jobs first for friends and families especially those capable of giving you referrals.
In conclusion, a pest control business is a type of business that allows you to work for yourself but as the business grows, you get to employ staff which would require you to get an office space and pay staff salaries, so you should always have a big picture in mind and prepare for it. Pests will always be a problem to tackle so business should be good for you.