Starting a business in the home improvement industry is a great chance to share in this rising industry’s promising market value. In 2024, the home improvement market value is expected to hit over $900 billion, indicating that businesses in this niche are thriving.
If you’re looking to start a business in this industry and contribute to this growing market value, there are numerous opportunities you can explore. Below, we’ll look at four main business ideas in the home improvement industry you should consider starting in 2024.
Cleaning and Stain Removal
A complete home improvement process involves thoroughly cleaning the floor, walls, furniture, and carpets. You can start a cleaning company that offers cleaning and stain removal services for various clientele, including homeowners who need to revamp their interior ambiance.
When starting, it’s important to research the right type of tools you’ll need for the cleaning services you intend to offer. For instance, if you’re fancying your chances in the carpet and upholstery niche, you must know the type of deodorizers and odor eliminators you need for the job. Having the right tools sets you up for a successful venture when you get started.
Lawn Care
After very hard work in improving the interior look of their homes, every homeowner wants to extend these excellent results to their exterior space. A well-trimmed lawn with lushing green fences would do the onus.
If you’re experienced in lawn mowing, fence trimming, trench digging and cleaning, and other lawn care services, this could be a befitting business for you to start. However, skills alone won’t get you started and thriving in this business. You’ll also need a few necessary equipment to get started, including the following:
- Shovel
- Lawnmower
- Wheelbarrow
- Shears
- Ladder
- Hose pipe
- Soil rake
You can always start with the most relevant tools and improve your collection as the work demands.
Painting Services and Supplies
Every interior and exterior upgrade work demands a good painting job for a successful facelift. As a painting service and supplies company, you play a significant role in ensuring the right materials are delivered, and the right paint job is done.
If you’re budget-strained, you can start as a painter with a helper or two and develop the right skills and expertise for running a complete company. Once you register your company, you can expand your portfolio and start selling painting supplies such as paint, painting brushes, and related equipment.
Gardening Care
Modern homeowners are more receptive to the idea of a backyard/front yard garden that embodies their culture and a touch of personal peace and tranquility. Investing in gardening care could place you in the best position to offer gardening care services to homeowners who don’t have the clue and time to do it themselves.
All you need is a combination of gardening skills, gardening tools such as shovels and gloves, a small team, and an operation base. If you’re just starting the company, you’ll need a small budget for registering the company and marketing. You don’t have to go for full-fledged marketing; a simple campaign to inform locals of your business will suffice.
You can offer many more services in the home improvement industry, but these four are the most practical options to get you started. The great news is you can start with any idea and diversify your service options as you grow into the business. Whether you’re getting into gardening or cleaning and stain removal, don’t limit yourself to one product or service delivery line.
