Did you know the US market size of the insulation installers and drywall finishing industry is $56.2 billion as of the year 2022? Though there are around and about 20,046 drywall and insulation installers and businesses actively operating in the US, the demand for this service is high. Thus, it is time you start a drywall finishing and framing business. You can establish your own drywall finishing business if you have prior expertise in hanging and finishing drywall. As per the BLS, in 2022, drywall finishing workers earned an hourly wage of $24 to $29. Business owners and managers often earn more than the average salary.
After drywall panel hangers have completed their work, drywall finishers are responsible for prepping the walls for paint or wall covering. Indentions are made on the surface of the panels by nails and screws, and a drywall repair compound is applied to the seams between the drywall panels. They also utilize tape and plaster to unite drywall panels and produce a smooth finish on the surface.
An associate’s degree or GED is often required for drywall finishers. A few years of drywall installation, finishing experience, and a current driver’s license are prerequisites for this position. Understanding construction plans is a skill that a skilled drywall finisher must possess.
Learn how to finish drywall service by completing the training that is required via learning at a vocational school. Enroll in an apprenticeship program as a further option for learning the trade. Keep track of the clients who would serve as references as you gain experience.
Specify in your business strategy whether you want to provide work for residential, commercial, industrial, or a combination of the three types of clients. Explain your marketing and funding strategies for your drywall company. A set of cost forecasts should be made that consider startup costs, such as marketing fees for consumers likely to hire you for new construction or restoration work. Include short-term and long-term obligations, like equipment loans, ongoing expenses, including capital expenditures for drywalling supplies, and employee pay. Even if you plan to work from home, the expense of an office must be taken into account even though you may complete the drywall finisher job there.
Get the equipment you’ll need for finishing and installing drywall. In addition to larger tools like ladders, scaffolding, and stilts, these include hand tools like sanders, hawks, and trowels.
Register your drywall finishing company name with your state’s secretary of state. Any required tax identification number applications should be filled out. Finish the paperwork if you wish to conduct business as a limited liability company, LLC, or corporation. Acquire a local business permit. Pay the money and complete the application.
Look for drywall finishers and installers who have had some training and experience in the process. Hiring staff with similar training or work experience to yours is preferable.
Make a logo or image that will help potential consumers remember your company when they need drywall services, and use that to advertise your new firm. Ads with this drywall work logo should be placed in regional newspapers, radio, and television. If you want a website that sees your logo branding, get someone to make it for you. Using this exact logo, make calling cards. Give him a business card with the drywall company logo every time you interact with a previous, present, or potential client.
Don’t hesitate to contact the subcontractors you used during your training. Solicit their help in bringing you new clients. Inquire about potential employment opportunities by contacting home painting and restoration businesses. In your neighborhood, set up a booth at home shows.