/ BLOG

Tips for Saving Money when Growing a Painting Business

May 24, 2022 · 4 minutes to read

Starting a small painting and decorating company is a major milestone in your professional career – albeit an expensive one. From marketing, accounting and insurance to the paint and equipment itself, there are many costs associated with starting a painting business. And this usually comes after years of applying your trade and fulfilling other requirements such as getting your painting license.

A happy house painter with roller and samples

Luckily, this guide will show you some cost-effective painting business ideas that could save you money when growing your painting business. Whether you have just started or you’re a seasoned professional, there might be some tips that could help you save some valuable money that can be reinvested into your painting business.

Use free marketing resources

When you’re just starting out, the amount of marketing jargon and social media platforms can be quite overwhelming. But since there are many in a similar situation as you, there are many free resources available targeted at the complete beginner.

You have already jumped online and started your research into bettering your business by reading this blog, so why not take it further and subscribe to some YouTube channels that explain some basic social media marketing techniques?

Social media can be a major channel of new clients for your painting business so consider learning about the value it can add and the money you can save through free marketing resources.

Buy wholesale

From brushes and thinners to ladders and safety equipment, running a professional painting business requires a lot of gear – not to mention the paint!

A lot of this equipment is constantly needed job after next and some of it needs to be replaced after a couple of uses. This can get expensive, especially if you are going to the local hardware store a few times a week.

If this is the case, consider buying wholesale – where buying in bulk comes at a discount price. Not only will this significantly save you money, but it will make you more efficient as you won’t have to be going back and forth getting new gear.

Create an email marketing list

Just like social media, email marketing is another important form of communicating with your customers.

It allows you to keep in contact with old customers while expanding your brand to new and potential customers.

The easiest way to start an email list for your small painting business is to create an incentive to sign up. Offer some discounts for first time customer or a coupon code to make your clients feel like they are a part of your exclusive list.

Organic growth can be tough in the world of marketing, but this is a tried and tested method of engaging and growing your client base at a relatively low cost.

Sort out your business insurance early

Many states require owners of small painting businesses to have insurance coverage. While this varies by location, you will likely need two types of insurance:

  • General Liability
  • Workers’ Compensation

General Liability insurance* protects businesses against the risk of customer injury and third-party property damage.

Workers’ Compensation insurance* covers employee injuries and illnesses sustained in the workplace. You will typically need to buy this coverage before hiring your first employee, which includes full-time and part-time staff plus subcontractors. You may also require Workers’ Compensation as a sole proprietor in some instances.

While sorting out your business insurance will cost you money, it is often only a fraction compared to the significant financial costs associated with a claim. In that sense, getting business insurance is a small cost that could save you financial ruin in the long run.

Comparing painters’ insurance is easy with BizInsure. Just jump online and get covered in minutes.

* This information is a general guide only and does not take into account your objectives, financial situation or needs. Always check with your local licensing board when getting or renewing your contractor license to ensure you are meeting their current licensing requirements.

Get Free Online Quotes and get coverage instantly

The coverage you need for your business.

Business insurance is divided into different policies. We offer 4 types so it's easy to design the coverage that fits your business.

Professional Liability Insurance

Get a quote

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Get a quote

Let's find

The coverage you need for your business

Professional Liability Insurance

Get a quote

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Get a quote

Very easy and affordable!
Volanda H.
1711024298
Very easy to work with, cost effective, prompt renewal and easy to get certificates of insurance instantly. I use them exclusively for my professional and general liability insurance needs as a consultant.
Larry (.
1710956598
Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
Zynab B.
1710433556
Your service is easy to renew as needed and your company informs the client in advance for renewal.
Henry B.
1710352389
It has been a pleasure doing business with Biz Insure Llc.Their representatives are very courteous, helpful and customer service oriented.
Shonta I.
1710297732
Quick and easy....
Tammy K.
1710172643
I follow the instructions & would prefer to paid every month. I did not have the options to pay every month.
Alamo H.
1709935830
Thank you, Amy, for making my experience enjoyable and funny. Thank you so much for your kindness!!!
George J.
1709840615
I'm pleased with the business quote I received from Bizinsure LLC. Thank You!
Shanda J.
1709586997
Very satisfied with the online experience
Nicole h
1709238653
Been a happy customer for years! Easiest company to receive a quote and get insured. No hassles! Easy payment! Finance plans, if needed!
jodi H.
1709226367
Love it
Hanna R.
1708272180
Every year, BizInsure is my go to for general and professional liability insurance! Thenrates are unbeatable.
Calandra K.
1708044666
The agent was quick and efficient in generating a quote for my needs.
Theresa F.
1707895796
I enjoy working BizInsure they always answer all my questions and make sure i have the correct coverage for my business.
Prompt and professional service from Biz Insure. Thanks Leslie and Liza!
Bev G.
1707524454
Very easy to sign up for insurance.
Great company
Brown G.
1706896003
Fast and efficient!
Kim C.
1706746693
عالی
alireza J.
1706727364
It was great being able to get a policy that suits my company's need in less than 30 minutes. They were vey thorough. Very competitively priced.
Lynette C.
1706621476
I worked with Andrea for another start up business. She was very knowledgeable and help me pick the correct policy. Amazed at how quickly the process went.
Representative was very kind, helpful, and educated me well. I appreciated today's prompt service with confirmation that I was satisfied with what was provided to me.
Tina P.
1706224051
Great company for.your low cost business insurance needs.
constantin T.
1706156911
Staff was very fessional and friendly. I was able to get a quote and move forward within 20 minutes.
Pebbles S.
1706126428
Wonderful
Complete C.
1705788054
MUY BUENO
Super easy process.
Ashley G.
1704830227
It’s very easy to understand and at a very reasonable price.
Mary M.
1703780096
Professionalism, Quality, Responsive and budget friendly
B D
1703029371
Great rates, easy to understand and select appropriate coverage, can get in a jiffy
Brie C.
1702775397
I have been a customer of BizInsure for a few years now and I love it. There customer service is awesome and the prices are affordable.
Danyale W.
1702132165
Quick easy experience! The rep was knowledgeable & pleasant. Customer care was awesome to respond and clarify my concerns.
Kathy Ann A.
1702059151
bizinsurance makes purchasing Business Insurance...SIMPLE!
Andrea W.
1701380391
Great quality of Service ,faster and convenience way to pay at most. Thank you for your Service to my Healthcare Facility .
Quick and easy!!!!
Terry
1701319042
Great service! Easy process and very informative representative. Andrea was great and very patience with our process. I would recommend using them!!
Terrance R.
1700848536
Always and easy process. Thanks!
Gerald S.
1700244544
js_loader
Google Rating
4.7
Based on 255 reviews
×
js_loader