I live in a condensed affluent area with around 15 luxury apartments walking distance. I want to just focus on this area. How has your cleaning buisness been going?

  • ViolatoR08@alien.topBEnglish
    1·
    11 months ago

    It can be a very lucrative industry if you scale it right. I’m in Wealth Management and have a few clients who own cleaning service companies. All do really well on the net profits. One scaled so big he moved into also cleaning med labs and clinics. He’s got contracts in 5 states now. He can crack a mil on the net easily but chooses to take a bit less for himself and pays all his people really well and also does yearly bonuses and contributes 20% to his W2 employees in the SEP IRA. I think his lowest paid person is at like $24/hr.

    • magenta_mojo@alien.topBEnglish
      1·
      11 months ago

      He’s successful in part BECAUSE he does right by his employees. Good employees are everything. Keep them happy and they’ll stay with you and refer other good workers