If you are reading this, then I am guessing you are either tired of your boss, or you have always wanted to have your own business, or maybe you just want to be able to make more time and money for your loved ones.
Whatever the case may be, this guide on how to start a Plumbing Business will surely help you in taking the first step towards your goal.
Step-By-Step Guide On How To Start A Plumbing Business
1. Set up a Business Plan
The first step in starting any business is setting up a plan. Planning requires extensive research and effort.
So you should consider analyzing the following points while drafting your business plan:
- Your target audience
- Your competitors
- Short-term and long-term goals
- Finances
- Growth opportunities
- Obstacles you may face
2. Think About the Services You Will Offer
Once you have a business plan ready, you need to decide what kind of services you will offer.
You could choose to be a residential or commercial plumber, do freelancing, take up sewer line inspection or take up large-scale projects.
Once you decide your niche, you will be able to plan the rest of the things.
3. Get Trained & Qualified
No one would hire a person who doesn’t know what he/she is doing. Plumbing requires you to have a good grasp of math, tech, and science.
Although you do not need a degree, a diploma or GED would help you in enrolling yourself in any certified courses or in the vocational programs offered by your state.
You can also work as an apprentice for some time after finishing your training to gain confidence in what you are doing.
4. Procure Equipment, But Do It Smartly
You know what you want to do; you are trained and certified for it, so now it’s time to procure the correct equipment.
Investing in basic equipment such as pipes, basic tools, fittings, uniforms, etc., won’t cost you much.
However, if you are catering to big projects, and have a team, then you might want to invest in a truck, too, which will cost you more.
5. Choose a Business Structure and Procure License
Before applying for a license, you will choose a name for your business and then select among the following business structure:
- Sole proprietorship
- Corporation
- Partnership
- LLC
Once you have chosen this, now it’s time to apply for a plumbing license.
The licensing rules differ from state to state, so make sure to get in touch with the state’s local business authority for the same.
6. Always Keep Your Business Bank Account Separate
The next step in starting your plumbing business is opening a separate business bank account.
This is essential so that you can easily manage and track all your business expenses and profits, manage taxes, etc.
7. Spend on Marketing
You have your business up and running, but to start getting more plumbing leads and clients, you will need to market your brand.
For this, you can create your website and get it SEO-optimized. You can do social media marketing, distribute brochures, get yourself listed on Google maps, Google My Business, etc.
Also, do not forget to build your network by getting in touch with contractors and developing your business relationship with your clients.
Conclusion
Starting a business is not a piece of cake, but with the right steps, you can effectively set up your business.
We hope this article on How to Start a Plumbing Business helped you in forming your own effective business plan.
Shefali Jain is a Content Writer & Editor at USWorkforce.org
After completing her graduation in hospitality, Shefali decided to follow her passion and started writing. Shefali has been writing for two years now and contributes to our website as a skilled editor and content writer with strong research skills. Writing product and service reviews, biographies, and book reviews are some of her key areas, among many others in which she specializes. In her time at the organization, she has written and edited content on a range of topics, including employment law, human resources, and business management.
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