The Basics of Starting a Property Preservation Business

The Basics of Starting a Property Preservation Business. Once you’ve educated yourself about the property preservation business enough that you know what you’re doing, it’s time to find a few companies in your state, and fill out their online vendor applications. With Safeguard Properties, make your company part of an elite team that does property inspection, property maintenance, and property preservation for homes across the nation. Starting a property preservation business is similar to starting any other type of business. You will need to take the following steps in order to begin: ● Decide on the best business structure for you (proprietorship, LLC, or Corporation). ● Write up your business plan (there is plenty of online help for this). ● Hire enough employees or independent contractors to handle the work you plan to have. ● Take out insurance; there is a high risk of injury in home repair and maintenance. ● Get the right business license. ● Get a licensed and insured vehicle like a van or truck to haul your tools and equipment. ● Purchase the necessary tools and equipment for the work. ● Ability to self-manage your business and your time. Keep in mind that banks are serious businesses — you want your company to appear steady and reliable, so take all the usual precautions and they will want to work with you.