Hi Emma.
A bit more info since my email to you - and thanks for joining!
2 years ago last April, Mary was working for about £7 an hour with another cleaning firm, I was forklifting for £350 a week.
To cut a long story short, a developer asked Mary to return for the next clean because, they said, she cleaned better than her boss!
Of course the boss wasn't happy and refused, so they all had a bit of a falling out. The developer suggested that she start-up herself and he would put a word in at head office to smooth things over.
It took about six weeks to get the CIS, Insurances etc. together, but that was easy enough. Within 2 months she had won the contract from her ex-boss! Luckily there was no clause preventing her from doing this in her contract - and all's fair in love, war and business.
This was a new development of 127 properties and Mary took it on in June 2005. I worked from 6 - 2pm forklifting, so I did all the paperwork for her in the afternoons.
By August she was so busy that I packed in my job and went into partnership with her. I had never cleaned in my life - for money anyway!
Now I am not saying it was easy. As mentioned above, developers usually only do a payment run once a month, and you are paid for the work you did the month before that. (Ie: work all July - get paid begining of September) We maxed-out the credit cards, emptied our accounts and got a small loan, just to live and pay for the running costs of the business (2 months worth of deisel at 60 miles a day soon adds up!) And as with most housing developments, they can be slow to pick up and our first invoices were not enough to live on. It took about six months before we were breaking even.
We made sure the developer had everything they needed because, if they can get away with it, they will withold payment for the slightest reason. I think we had a bit of luck on our side too - this particular developer has never stopped a payment in 2 years. But you should have contingency funds - just in case!
In our case, everything worked out well. We started as Domestic New-Build Cleaners. Now we have care homes, communal areas, renovations, commercial new-builds, farm conversions and much more under our belts. We branched out into these other areas slowly - as finances allowed - but still managed it in just 2 years. We only have one employee, but recruit for help from friends and family when we need too.
I kind of agree that, to try too many different things at once, might dilute your resources. Decide what you are good at or have experience in and concentrate all your energies into making it succeed. Then have a look at other areas, I think you will find the opportunities may come to you eventually!
All the best and good luck...