The home services industry is a profitable niche that comes with a lot of businesses under it. Your business can be a company that provides pet care services, and you can also have one that provides home maintenance services such as landscaping and repairs. It’s an industry with consumers coming in all year long, especially with the growing number of people buying homes, moving in and out, and wanting their sanctuaries to be as comfortable as possible.
Thanks to the Internet, businesses in the home services industry are still running good miles even with the pandemic disallowing most people from coming out of their homes and some businesses from operating. As the need for home care services won’t go away, you’re looking at one or more businesses in the industry raking in customers.
If you’re still on the planning stage of running a business in home services, you should look at these businesses that are considered lucrative given the big market of homeowners and competitors:
1. Home Inspection
Do you have an eye for what up and coming homeowners look for when it comes to new homes? Then you can open a business dedicated to inspecting homes.
You should expect to work with real estate brokers to assess homes to list them at fair prices. This business in the home inspection will also allow you to identify areas of homes that need repairs early on before they compromise the rest of the property’s quality and consequently decrease its market value.
You can also be working directly with homeowners looking to sell their homes. They would like to work with companies that can provide insight into how they can improve the appearance and quality of their property to attract buyers.
You can stick to repairs for heating, ventilation, and air conditioning systems, plumbing, roofing, electrical systems, or even pest infestation. But you can also opt for home security aspects in homes, such as camera and security alarm systems.
2. Pet Sitting
According to a 2020 survey by the American Pet Products Association, 85 million families own a pet. That’s 67 percent of American households looking for companies that will look after their beloved house animals as they run errands.
To protect animals, there are strict rules in place when it comes to pet ownership and caretaking. As a startup business, you’d want to be a reliable pet sitting company that abides by pet care laws.
Pet care services is a lucrative business given most homeowners have day jobs that take up most of their days, which means they’d be relying on your services to keep their pets well cared for.
3. Food Services
We’ve mentioned before that most homeowners look for convenience, which goes until their kitchen concerns. Not all of them have the time to cook meals, and most rely on dining out or takeout food.
If you have the cooking skills, you can start preparing meals for delivery to your nearby areas and grow your business into something bigger that accommodates more customers in more areas. A business in food services won’t only allow you to grow your cooking knowledge but also open your future business aspirations to bigger ventures in the food services industry.
More than 90 percent of Americans aren’t into cooking. That means you have that big of a population waiting for your service, among your competitors, of course. So, don’t forget to up your game as you venture in.
4. Home Cleaning
Cleaning is something not all people enjoy or have the time for. That’s why a business that offers to do just that and a professional style is extremely convenient.
Every homeowner wants a clean home with healthy air, spotless bathrooms, and coziness. Given they can enjoy the comfort of smart devices to clean their homes, those technological innovations won’t clean their homes as much as your company would.
You can also charge them based on the function of the cleaning. Making the business an all-rounder when it comes to timeliness. You can clean after and before parties, functions, or just for routine house cleaning.
5. Moving and Relocation
In the past five years, over 40 million Americans moved every year. That meant they opted for companies that can transport their belongings from one city or one state to another.
A business in moving and relocation services can be relied on as a lucrative business because they’re considered essential. Not all people can carry their belongings—such as couches and bedframes—when they move to a new place.
Make sure you employ a team of people you can rely on, as most of your business transactions will be carried out by your team of movers. Having a quality vehicle fleet for services will also benefit your engagements with your customers.
With these ideas in mind, you can plan and prepare for the venture that you deem right for you. Ensure that you take the necessary steps to become successful.