All around the country, thousands of people find themselves facing the trauma of putting their lives back together again after suffering from water damage in their homes or businesses. Starting a water damage restoration company can offer an opportunity for entrepreneurs to not only start their own business but also offer a way to help others in the process.
Like any business, those starting a water restoration business need the right training, equipment, and resources to help them get off on the right foot. That is why it’s essential to do an adequate amount of research and planning before going into business. Below is a list of essentials that you’ll need in order to start your own water damage restoration company.
Make a Business Plan
Take a close look at the needs of your current community. Even if there are other water damage restoration businesses in your area, your business may be able to offer services that your competition doesn’t. In addition to water extraction and damage repair, offering other key services that include 24-hour on-call service, mold remediation, and debris removal can put you way ahead of the rest.
Get the Proper Licenses and Certifications
Depending on your local laws and ordinances, make sure you get your business licenses in order. Because water removal and restoration in most cases requires certifications for each specialty that you intend to offer, make sure that you have yours in place. It’s important for you and every employee in your business be adequately certified. It is also important to carry liability insurance and bonding coverage.
The Restoration Industry Association (RIA) is one of the oldest and largest organizations in the restoration industry and can be instrumental in helping get the certifications necessary your water damage restoration company. The RIA regularly offers training and certification and resources to entrepreneurs in the water damage restoration field and joining the association allows members networking and support.
Purchase the Right Equipment & Supplies
When starting your own water damage restoration company, your biggest expense by far will be the purchase of the necessary equipment. Some of this equipment can be expensive. Dryers intended for water removal and property restoration tasks can range in price from $400 to trailer mounted drying systems that can cost more than $35,000. Some dryers feature board heaters, localized cooling, and dehumidification not available to homeowners.
Industry suppliers such as Phoenix Restoration Equipment carry much of the equipment your business may need. They offer fast dryers and industrial sized fans, dehumidifiers, commercial carpet cleaners, water extraction tools for walls and floors. They also offer deodorizing fogger, moisture, and mold detection equipment and supply all of the necessary chemicals for your water damage restoration company.
Business Listings & Commercial Vehicles
The other piece of equipment your water damage restoration business will require having a company vehicle. Your company can serve as your company’s business card once you have your company’s name and logo painted on it. Include your phone number, address, and company website so that customers can find you.
Speak with local phone listing services to help build contacts and accessibility to customers. You can also build your business by creating a website and list your business on social media sites like Facebook. Consider joining your local chamber commerce so you can network with insurance companies, brokers, nd other related businesses and further build your new water damage restoration business.
Like any business, just take it step by step. Each step in a business builds on the previous one. Start with a plan, get training, then get the equipment and some advertising going and you’ll soon be in business.
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