Can a cleaning business be successful?
Yes, you can certainly make good money running your own house cleaning business. However, this is greatly dependent on your ability to market yourself and manage your business finances. Many business owners make a decent income but may also let their expenses get ahead of them.
How much profit should a cleaning company make?
A good profit margin for a cleaning company is around 10% to 28%. However, you can gradually raise your profit margin to as high as 50% or more as your business grows. For example, if your total revenue is $700,000 and your overall expenses are $500,000, then your net income is 200,000.
Is it hard starting a cleaning business?
The bottom line. Cleaning may seem like a simple business, but it’s hard work. Before you make cleaning your side job or full-time career, it’s worthwhile to spend a few days “on the job” to ensure you’re cut out for the work.