Powder coating is not only a more durable alternative to wet paint, but it also has advantages over traditional painting for both consumers and business owners. For starters, it can save time by eliminating extra drying steps and allowing for quicker access to the finished product. Additionally, it’s environmentally friendly, and it offers more design options than wet paint because of the versatility of the powder material itself. Lastly, it can be more cost friendly than wet paint as well because the powder itself is usually less expensive and takes up less space than paint cans.
A powder coater’s salary can depend on their experience, location, and employer. While a beginner powder coater may make $32,000 annually, more experienced and management-level employees can earn upwards of $48,580 yearly. To start a powder coating business, entrepreneurs should consider locating their shop in an area with a large number of potential clients, such as industrial parks or neighborhoods with high income earners.
Another way to increase your odds of success is to conduct extensive market research. This can help you understand your customers better, identify potential competitors, and find a niche that you can fill with your services. For example, if your local area is missing an anti-microbial powder coating company, you can target that market gap with your marketing campaigns.
Before you can start your own powder coating business, you will need to obtain a variety of licenses and permits from local, state, and federal governments. You’ll need to register your business and apply for a tax ID number, as well as obtain any necessary EPA, Occupational Safety and Health Administration, and other industry-specific licensing. You’ll also need to open a separate bank account for your business and obtain business insurance to protect yourself and your clients.