Starting a plumbing business is no joke. There’s a lot that a plumbing business requires to even open in the first place. Not only do you need to raise the funds and worry about staffing, but you’ll also need to get multiple certifications and registrations to start your business. If you want to succeed, you’ll need to follow the steps to starting a good plumbing business.
The first thing you need to do is get your certification and plumbing license. You need to have a license before you can run a plumbing business, though the process can take a few years.
Plan Your Model
Just as with any business, you’ll need to decide the scope and the cost of your services. There are many different styles of businesses you can follow and all of them have their own benefits and downfalls. However, you need to choose so you can properly plan your business around your decisions.
Register and Insure
After you have a model and certification, you need to register your business with your state and local government. This process changes greatly depending on your location but hiring a person to help can get you through the registration quickly. You should also get insurance for your company as soon as you can.
Once you’ve registered your business, it’s time to get equipment for the job. Invest in quality tools and equipment, which will help your workers always do their best. It may have an upfront cost, but you’ll make more profits over time. You also need to learn and practice the best tricks in the trade to get the most profit—like how to get the most out of your truck bed, for example.
Any new business needs to hire new workers unless you want to do all the work by yourself. Find people you can trust, hiring through word of mouth, or asking employees for recommendations. This will give you the best chance at finding good employees.
Once your business is up and running, you need to reach out to new customers. Similar to what was mentioned in the equipment section, investing in plumbing marketing will bring in greater profits over time. Advertise in free places, such as poster boards or social media, to maximize your potential growth.
These are the steps to starting a good plumbing business, but any business will eventually grow. Make sure you plan for this growth by getting a bit more storage space and predicting demand. Then, you’ll be in a position to take advantage of that growth.