Painting Business Owner Salary Reddit

Painting Business Owner Salary Reddit I own a 1M painting business and do absolutely NO Painting Every owner of a contracting business should be able to do this but they fail to master THIS The entire purpose of marketing is to generate opportunity Opportunity for people to interact and potentially buy from your business

Byobcoach I left my bank job to start a painting business 3 Years ago We just hit 2 5m in sales Here s what I wish someone would ve told me There s a lot of you on here who reach out for guidance about leaving your full time job to start your own business We get about 32 an hour on the check 2 50 an hour for vacation pay and 18 an hour towards benefits Most I got paid working for a painting company was 14 25 an hour ran a crew of 3 guys Started doing side jobs on the weekends was making more money on the weekend then during the week

Painting Business Owner Salary Reddit

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If you re running a 500 000 painting business I want you to be making 150 000 if you do not work in the field at all And also if you are running a million dollar painting business you would make 300 000 Now if you work in the field that time is going to be built at an hourly charge rate 1254 posts Joined 2007 4 Feb 16 2008 Edited Was doing some research and found that the average contractor salary in the US is 79k per year gross I would assume that puts you around 50 60k Seems like some of you guys are right there Never work just for money or for power

As a painting business owner there is never enough time so here s a quick summary of the most important points to bear in mind when drafting a trademark specification for your painting business A trademark specification contains the goods and or services that your business trades in Sounds simple right Looking to start a painting business no experience with painting but have prior business experience Is this the right approach So I m an entrepreneur at heart my last business idea died out due to market changes which were out of my control

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Painting Business Looking to startup a painting business for my area Should I focus on a specific niche such as cabinet and deck staining painting It s s bit easier since I ll be the only one starting out or do I go ahead and offer interior ans exterior paint services as well The average painter makes about 15 per hour That s 30 000 per year Your expenses will vary depending on how much you spend on supplies and whether or not you hire subcontractors to help with the job Let s assume that you have to spend 2 000 on paint and tools but that you don t hire anyone to help

Apprentices get paid 12 to 14 an hour Painters get 15 to 20 an hour Lead Painters get 18 to 23 an hour Crew Leaders are at 22 to 27 with the perks that some of the other guys don t get that we mentioned before bonus on the additional work orders the truck gas card things like that Business Owner You should aim for a 15 share of the revenue representing the financial reward for your entrepreneurial initiative Salesperson Allocate 7 to 8 of the revenue to recognize the efforts put into sales and customer acquisition Production Manager Another 5 to 7 should be reserved for overseeing the production process and

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Painting Business Owner Salary Reddit - 1254 posts Joined 2007 4 Feb 16 2008 Edited Was doing some research and found that the average contractor salary in the US is 79k per year gross I would assume that puts you around 50 60k Seems like some of you guys are right there Never work just for money or for power