Spend Less, Make More: 4 Key Pest Control Business Plan and Cost Control Tips
Today’s post is all about the ways we help Pestmaster franchise owners spend less and make more than the competition.
Whether you’re brainstorming a new business model or considering investing in a Pestmaster franchise, this information will come in handy.
Read on for a rundown of some of the pest control business plan and cost control tips that make the Pestmaster model so profitable.
Remember these 4 tips to start spending less and making more:
- Multi-service models are inherently more profitable. The demand for pest control services is higher than ever, but focusing strictly on pest control still limits your potential revenue streams. For little to no additional equipment and material costs, your business plan could complementary services like vegetation management services and health related/vector control. Think about other ways to potential increase your service offerings without upping costs—some pest control companies even offer light home and yard maintenance services since they tie in so well with pest and environmental controls.
- Employees are optional in the early goings, not essential. Unless you have more business than you can handle on your own (a good problem to have), there’s no reason to rush to fill the company roster in the first few months of business. This is a common mistake self-starters make. One of the best ways to stay profitable from the start is to cut the labor hours and payroll expenses that employees bring. Allow the rate of growth of your franchise to determine the rate you hire employees. Most Pestmaster franchise owners start as single-man operations; others start with a sales associate and office support person.
- Streamlined start-up saves money (and saves businesses). Once you’ve laid down your money and committed to starting a pest control business, the worst thing you can do is drag your feet during the start-up phase. Many business dreams die in this pre-opening limbo, where they continue to bleed money without generating a return. The trick is to make the pre-opening phase as short as possible without compromising on the quality of your training, equipment, or (if you choose to start with a brick-and-mortar location) site selection.After over three decades in business, we’ve developed a fat-free training program and polished start-up process that gets your doors open for business fast. Typically, it takes a minimum of three week (two for training) on the short end and up to six weeks depending on the scale of the franchise, equipment, vehicles and initial hiring of employees.
- Bidding for government contracts pays off. It costs you nothing but time, and securing recurring work with federal clients is a great way to increase your business’s bottom line.Pestmaster become part of an exclusive list of GSA Approved Government Pest Control providers pre-qualified to work with federal clients in 2001. Though businesses do not need GSA Schedule to work with government clients, many federal agencies only place orders through GSA channels. Our franchisees benefit greatly from this contract connection. We also offer contract acquisition and bidding support to make the most of these opportunities.
Full Pest Control Business Plan And Cost Breakdown
Pestmaster franchise opportunities are available. If you would like to learn more about our start-up costs, training, GSA contract connections, or available territories, visit the Pestmaster Franchise website or call 800-525-8866 to speak directly with a representative.Back