How To Choose The Best Services To Offer In Your New Foreclosure Cleanup Business

Confused About the Best Services to Offer in Your New Foreclosure Cleanup Business

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When you are just starting your foreclosure cleanup business, you may be confused about which services to offer because there are so many service options in this broad industry. You can offer everything from cleaning to painting and repairs.

As a new business owner, it's very tempting to try and offer as many services as possible. This is not uncommon in the start-up phase. Many new entrepreneurs are often afraid they will miss out on business by not offering a slew of services. But, as a new foreclosure cleaning business owner, it's smarter to offer only those services you know you can handle with your new enterprise. This way, you're not "all over" the place.

Also, this strategy will help you streamline your equipment purchases and your marketing efforts -- which will save you time and money.

Deciding Which Services to Offer

Consider starting out offering the services that will not cost you an arm and a leg to provide. You want to offer the industry's most-needed property preservation services. Think about which ones your area's foreclosure listing realtors, banks, mortgage companies, investors and landlords, and large property preservation companies will request most often; then, focus on starting your business offering these key services.

Offer Services that Will Keep Your Equipment Costs Low

Also, you will want to offer those services that will NOT cost you an arm and a leg in equipment or materials. Think about keeping your business "cash healthy." This may mean starting your business with the equipment you already have at home in the basement or in your garage; and perhaps renting other equipment you may need from your Home Depot type stores until the business can pay for new equipment and materials.

In the Beginning, Keep It Simple

Just remember, as a new foreclosure cleanup business owner, keep it simple starting out; you can't be everything to everybody. Offer the basic, industry expected services. Market these services with fervor and concentrate on growing your client database by doing an excellent job offering the basics.

Expand Your Cleanup Services Over Time

As your list of business clients increases, you can expand your foreclosure cleanup company by offering a plethora of other services in-house or via subcontracting the work orders out to other qualified companies.

Good luck to you with your foreclosure cleanup business!

by: Cassandra Black

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