Pros and Cons of Buying a Cleaning Business

Aug 24, 2023 · 8m 2s
Pros and Cons of Buying a Cleaning Business
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What are the pros and cons of buying a cleaning business? Join cleanfluencer Angela Brown as she shares her insights on the good and the bad when taking over an...

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What are the pros and cons of buying a cleaning business? Join cleanfluencer Angela Brown as she shares her insights on the good and the bad when taking over an established house cleaning company. Are you thinking of purchasing an existing residential cleaning service? Get the inside scoop directly from a cleaning industry expert on what to consider before acquiring a company with existing employees, customers, systems, and more. Discover what to look out for and negotiate to set your new business up for success. This insightful video provides experienced advice for entrepreneurs and cleaners weighing the decision to buy versus build a cleaning business from scratch. BUYING A CLEANING BUSINESS CHAPTERS ------------------
0:00 - What factors should you consider when evaluating an existing business for purchase?
0:49 - Why is buying a business more like purchasing a custom item rather than an off-the-shelf product?
1:07 - What are the critical components of the cleaning business that you're buying in this case?
2:06 - How can you ensure a smooth ownership transition while retaining existing clients?
2:32 - Why is third-party endorsement crucial when introducing yourself as the new owner to employees and clients?
2:48 - What role does employee loyalty play in the success of a business transition, and how can you build loyalty as the new owner?
3:37 - Why should you prioritize establishing rapport with existing clients after the ownership transfer?
5:20 - What potential risks could arise if you don't secure the support of the previous owner in transitioning the business?
6:30 - What advantages do buying an established business have over starting a cleaning company from scratch?
7:02 - What should you ask other entrepreneurs who have purchased cleaning businesses to gain insights into the process? RESOURCES ------------------
Here's The Deal: Everything You Wish a Lawyer Would Tell You About Buying a Small Business - https://amzn.to/3jqa4VE
The Lifestyle Business Owner: How to Buy a Business, Grow Your Profits, and Make It Run Without You - https://amzn.to/2QELMnY
Adventures in Franchise Ownership: 4 Pillars to Strengthen, Protect and Grow Your Business - https://amzn.to/40jnT92
Beginner's Guide: Buying a Cleaning Franchise: Everything you need to know on becoming a commercial cleaning franchise owner!  - https://amzn.to/2Oxzf48
Go Do Deals: The Entrepreneur's Guide to Buying & Selling Businesses - https://amzn.to/3WVgfie
* When available, we use affiliate links, and as Amazon Associates, we earn on qualifying purchases.
SOCIAL MEDIA ---------------
*** CONNECT WITH ANGELA ON SOCIAL MEDIA *** 
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URL: https://AngelaBrown.com
NEED MORE HELP? ------------------- VRBO AIRBNB CLEANING – Cleaning tips and strategies for your short-term rental 
https://TurnoverCleaningTips.com  VRBO Cleaning Support Group - https://svy.tips/FBGroup-Airbnb
SPONSORSHIPS & BRANDS ------------------- Today's #TurnoverCleaningTips are sponsored by #RealtySuccess in association with #SavvyCleaner, and your host is #AngelaBrown - https://g.page/r/CbMI6YFuLU2GEBI/review *** ADVERTISE WITH US *** 
We do work with sponsors and brands. If you are interested in working with us and you have a product or service that makes sense for the Airbnb, Vacation Rental, Short-Term Rental, or House Hacking space, here's how to work with us -https://savvycleaner.com/brand-deals *** SAVVY CLEANER BRANDS *** 
SAVVY CLEANER - House Cleaner Training and Certification – https://savvycleaner.com/join VRBO AIRBNB CLEANING – Cleaning tips and strategies for your short-term rental 
https://TurnoverCleaningTips.com  FUNNY CLEANING SHIRTS – Incentive and thank-you gifts for house cleaners and maids.
https://FunnyCleaningShirts.com  HOARDING WORLD - Helping you change your relationship with stuff
https://HoardingWorld.com REALTY SUCCESS HUB - Helping you sell your home fast
https://realtysuccesshub.com
CREDITS -------------------------- Show Produced by: Savvy Cleaner: https://savvycleaner.com
Show Host: Angela Brown
Show Editors: Kristin Ochsner & Jenifer V. Holland
Show Producer: Jenifer V. Holland
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