How to write a business plan for cleaning services
How to write a business plan for cleaning services:
An executive summary
A company’s mission statement is often the most important part of a business plan and should be clear and concise.
An executive summary is typically found at the beginning of a business plan to make a strong first impression, but many entrepreneurs prefer to write it after they have crafted the rest of the document.
If you’re just starting your business, your executive summary should include information about your current finances and plans for signing clients.
Established cleaning companies may also want to highlight past financial and market share growth, notable clients, and other key milestones
A detailed company description
This section of a cleaning business plan articulates what your company does, the type of clients it services, and how it meets customer needs better than your competitors.
Details might include your legal structure, ownership and management information, services provided, and marketing strategies.
Market analysis data
A business plan should address your local area’s economic conditions, your desired market share, your pricing and how it aligns with target clients and industries, and any related information you can find about your competitors.
Displaying market statistics in charts or graphs can help readers quickly digest market data and give your business plan visual appeal.
Banks, investors, and insurance carriers will want visibility into company finances, so a cleaning services business plan should include information on your financial history and projections you can make from your market analysis.
Pertinent details include balance sheets, expected payroll expenses, cash flow estimates, and capital expenditure plans for the next three to five years.
Insurance and bonds for cleaning businesses
While a business plan can help you successfully start and grow your cleaning company, you’ll need insurance and bonds to protect it in case of unforeseen events.
Many commercial clients will require your cleaning businesses to carry a janitorial bond to protect against accusations of employee theft or claims of unsatisfactory work.
Cleaning businesses also typically need some combination of general liability insurance, commercial auto insurance, and workers’ compensation coverage.
Insurers will want extensive information on your company before beginning coverage, and a business plan shows that you are serious and less risky than a cleaning services provider without one.