Is this type of business still profitable. Yes it is. Consider that the major component of your cost of doing business is labor. Cleaning is labor intensive. If you are planning on doing the work yourself, then you pay yourself what you think you re worth, or what the market will bear. (when bidding on cleaning contracts)When hiring other people you have to be aware of what the wage laws (and payroll taxes) are in your state. You might even consider leasing employees.One thing you might want to take advantage of is factoring your receivables or invoices you give to your commercial accounts. You ll give them an invoice at the end of a month, and they might not pay for another 30 or 45 days. That is a long time to wait to get paid, and to pay your employees out of your own pocket (8 weeks of wages). You can sell your commercial invoices and get paid immediately, I can help you there, just send me a msg.If you think you can get commercial accounts, then by all means do so. As for residential cleaning, that is a little tougher as in a down economy people will most likely clean their own homes instead of paying for someone else to do it. Unless you re in an very upscale neighborhood.Best of luck.
probably not residential - that s kind of a luxury for peopleas for businesses - you have have to call on businesses and go quote every job based on what is needed and how big the place is - work time will be after 5pm - evenings - then getting reliable cheap labor is the next issue - you will probably need to get workmens comp insurance for your workers and leran how to deal with payroll and payroll taxes, plus you might only get paid from your customers once a month and that may be 30 days or more after you give them the invoice, so you have to be able to have enough cash up front to last a while until you get paid - a lot of work
