Is Commercial Cleaning a Good Business?
Let’s start with the basics…
What is Commercial Cleaning?
Commercial cleaning usually refers to a service -offered either by a sole trader or more commonly by a business with multiple employees- which assists businesses by cleaning their premises and ensuring that their facilities are maintained and cleaned at regular intervals.
Commercial cleaning differs from residential cleaning as it is a service explicitly offered to businesses of any size that want to outsource the cleaning of their facilities to another business. If you would like to learn more about the different types of cleaning services, you can read the following article by clicking here.
What are the benefits of a Commercial Cleaning Service over a Residential Cleaning Service?
While residential and commercial cleaning may sound like similar services, in reality, they can differ quite a lot. One of the main differences between the two is that often commercial cleaning is not a one-person job. Suppose a particular company requires a cleaning service and they have multiple offices. In that case, the commercial cleaning business will have to have more employees available to complete the job within the timeframe provided by the company.
It is also important to note that many companies might require that the cleaning of their facilities take place during non-work hours. This means that a commercial cleaning business might require its employees to work odd hours depending on the wishes of their clients.
Another critical distinction between residential and commercial cleaning is that commercial cleaning tends to be a long-term venture as companies will schedule for their facilities to be cleaned on a consistent schedule. Depending on the industry they are in, they may require more or less frequent cleaning to keep up with business standards. Keeping their facilities clean is also essential as it will help them have employees that enjoy their work environment more. This makes it a more profitable business than residential cleaning, as it is done on a bigger scale and is repeated more often.
Both the repeated nature and the scale of commercial cleaning make it a much more profitable business than residential cleaning. Still, the most significant aspect that divides the two services is that one can be considered a luxury whereas the other one is a necessity. That means that residential cleaning, which is a luxury, might witness a decline during times of economic trouble.
This is because fewer households will be able to afford this service regularly. Commercial cleaning, on the other hand, is a sort of necessity. Cleanliness is essential for businesses that are called to maintain certain conditions within their premises. Therefore, even in times of economic instability, a business’s chances to stop using a cleaning service are slim. This means that overall, commercial cleaning is a more stable business.
If you would like to learn more about the risks and challenges of owning a cleaning business, you can click here.
Are there growth opportunities in Commercial Cleaning?
One of the most beneficial aspects of opening a commercial cleaning business is that it has endless potential for growth as a business. This is because you are essentially outsourcing a service that a low-skilled labour force can complete.
This means that you will not need to find people with any specific certifications, degrees, or training backgrounds to hire new employees. Instead, this is a job that anyone can do. This makes it easier for you as a business owner to hire more people and scale up your business to outsource your service to more and more companies. While the same can also be said about residential cleaning, in most cases, a couple of people would be enough to clean a residence, while to clean the premises of a larger corporation, you may need more people.
Is a Commercial Cleaning business costly to run?
One of the reasons that commercial cleaning businesses can be so successful and generate large amounts of profits is that generally, they have meagre overhead expenses. This means that as a business, they do not have many costs for offering their service.
Because it is a service, they do not need to have a large facility or warehouse to run the business. Commercial cleaning is a type of business that you could even run from home. If you would like to learn more about running a business from home, you can click here.
The only real overhead expense of commercial cleaning services is the cleaning equipment they will use to complete their job. Frequently, these are either one-time purchases or cleaning supplies that they can buy wholesale or in bulk. This makes the entire venture extremely cheap to run.
Some of the more prominent commercial cleaning companies may have automobiles purchased explicitly for their employees. These could store all of the cleaning supplies and allow employees to reach their destination faster, meaning they could complete their tasks in a more reasonable timeframe.
Overall, the overhead costs of running such a business are meagre, and this is one of the main reasons commercial cleaning is such a profitable business.
To read more about the overhead costs of commercial cleaning, you can click here.
Other useful links from our knowledge centre:
How To Sell Your Small Business
How To Get Into Business Operations
How To Check If A Business Is Registered Via Companies House
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