What is a one-sentence summary of the following article?
Before you begin formalizing plans for your painting business, honestly assess your abilities to paint. Taking an objective view of your skills and experience can help you decide if starting a painting business is the right option for you. An excellent way to assess your skills is to compare your work to other painting businesses in your area. Is your work comparable or better? You can't expect to be successful if you can't compete with existing businesses. Do people often ask you who painted your home? If so, this might be a good sign that your skills are in demand, especially because word of mouth can be a powerful advertising tool. Consider how having a painting business will fit into your lifestyle. Knowing whether or not the time, emotional, and physical demands of being a painter can work into your life is important if you want to run a successful business. Can you meet the physical demands? Painting for money may mean you are standing for long hours and having to pick up heavy equipment. Think about how having a painting business fits your personality. Client management is a significant part of the job and if you like working with and making people happy with your services, this could be an excellent choice for you. You might consider your location. If your business is in an isolated or rural region, it may be difficult to reach potential clientseither physically or through advertising. Painters can earn on average about $35,000 per year. This amount can change depending on how often and where you work. Only proceed with your plans if the average pay meets your financial needs. The general average salary for painters works out to about $17.00 per hour, which is above the minimum wage. Remember that you will have to pay taxes and other fees for your business, including supplies and wages if you are going to hire other people to work with you. You'll need to have a high quality and heavy-duty painting supplies that can withstand repeated use. You may need to invest significantly in new equipment, but this can help you garner better profits. Remember that quality equipment is the core of your business and will allow you to make money.
Evaluate your painting abilities. Think about how a painting business will fit into your lifestyle. Determine if a painting business meets your financial needs. Examine any current equipment.