Do you want to start a plumbing business from scratch with no money? Or do you need a sample plumbing business plan template? If YES, then I advise you to read on.
Plumbing is one of the few hand-skilled jobs that are in high demand. As a plumber, your job is to repair, install, repair and replace plumbing fixtures. If you have previous plumbing knowledge or are currently taking plumbing training, you can start your own plumbing business.
For people who are already considering starting their own plumbing business; This article will give you an idea of what you need to start a plumbing business, the steps required and a plumbing business plan;
What do you need to start a plumbing service?
- Skills and experience -: I mentioned above that plumbing is a skilled trade; and one of the requirements for success in any skilled trade is your skill and experience, as well as your ability to handle repairs, fittings and modifications. This also applies to plumbing. You must have good plumbing skills and be able to perform plumbing work in a professional manner; many years of experience are an added advantage in your field of plumbing.
- Capital – : You need capital to start your plumbing business. Starting a plumbing business does not require a lot of capital investment, but you will need money to get the essentials such as: money to buy the necessary equipment that you will need to work with, money to get all registrations and licenses, money for office space ( although you can run it as a home business if you are on a budget ), the money you need to invest in advertising your business.
- Basic business skills You need basic business skills to run this business. Marketing and advertising, leadership and project management skills if you plan to hire employees for your business; and the ability to stay motivated.
Starting a Plumbing Service – Sample Business Plan Template
1. Take a plumbing course – : This step is for beginners who want to start a career in plumbing. There are several schools that offer basic and advanced courses in plumbing; You can register and take a plumbing course.
After that, it would be wise to undertake an internship with another plumbing company to gain the specialty or hands-on experience needed to succeed in that business.
2. Apply for a business license . You must obtain the necessary licenses to do business in the state; obtain your tax identification number (TIN), employee identification number (TIN), business license and business registration; visit the business registration office in your state to obtain the basic requirements for registering a business.
3. Get a plumber’s license -: to become a plumber or to run a plumbing business, you must obtain a plumbing license; you may need to pass a basic plumbing exam; the exam is only for counseling to test your basic plumbing knowledge, license will be issued after you pass the exam. Visit your state’s plumbing licensing board and schedule a plumbing test.
4. Get trade assurance – : A business license is required to cover your business against liability or negligence. If you hire employees to work in your business, business insurance should also cover their well-being, as well as any losses they may cause in the performance of their work; because according to the law, your company will be responsible for any damage caused by your employee during your work.
5. Rent space for your business -: find a good place that will serve as a place for your business; A place is simply a place that will serve as a meeting place for customers and storage for your work materials. If you run the business from home, your garage can be used as storage and business meetings will be scheduled in public places like cafes and restaurants.
6. Equipment Order . You need to buy the basic equipment you need to do your job. Some basic equipment you need includes: plunger, drain coils, wrenches, lights, buckets, pump, pump, vacuum. Consider buying equipment for all your employees so they can work independently. Speaking of employees, you should hire people who have already taken plumbing training and are licensed to work in the state.
How to market your plumbing business
- Contact construction companies -. In most cases, construction work comes at the handover stage of plumbing and equipment, the construction company will most likely outsource the services of a plumbing company to handle this. Thus, you need to network and do business with as many construction contractors as possible, even outside of your location.
- Flyers and business card -: You will also need to bring flyers as well as free maps and postage for owners who may have small plumbing jobs for your business. You can also put your flyers in public places where many people can see them. For example, at the reception of restaurants, cafes and a real estate agency, but you must ask permission from the owners of the business or premises before posting flyers there.
- Entrepreneur Support Service – : These are contractors who refer clients and clients to your business for a fee; you can sign up for their services to help you connect with someone who is looking for a good plumbing company.
- Advertising in local newspapers – : Another way to increase the notoriety of your plumbing. The goal is to advertise in the business section of local city newspapers. If you have enough money, you can include a radio call or advertisement to help you reach a wider audience.
At this point I mentioned what it takes to start a plumbing business; I’ve mentioned the steps to start your own plumbing business as well as the creative ways you can use to advertise your plumbing business.
Also, I want you to know that you can run a plumbing business as an entrepreneur. ; that is, you can advertise and bid for plumbing work. When the work is given to you, you rent it to the plumber for a lesser amount. Your responsibility will be to supervise the work.
