Starting a plumbing business seems like a sure thing.
Everyone needs a plumber every now and then, right?
While there are some people that have developed the habit of being handy, that isn’t always the case. And that is where you come in and save the day.
Continue reading this article to learn how to get started with your plumbing business.
Starting a Plumbing Business 101
If you follow these basics, you’ll be well on your way to launching your business. Getting the foundation down before you get out and start working as a plumber is important so make sure to take notes.
1. Planning Your Business
Before you buy anything or start trying to get customers, you need to have a business plan. If you’re a hands-on person, it might be a little more difficult for you to put pen to paper but this is an important part of the process.
Without a business plan, you can’t do the next step in the process.
2. Get Your Money Right
If you don’t have enough working capital, your business is going to stall. If you don’t have a lot of cash to start out with, you may need a business loan.
When you go to get a loan, you need to have your business plan in hand. The bank needs to know that you’re serious about your business and that you’ve thought of all the important aspects of your business.
3. Necessary Tools
Do you know all of the tools that you need to have as a plumber? You’ll need more than a wrench to take care of some situations.
If you get to a job and don’t have the tools you need to get the problem fixed, this can cause unnecessary delays. If people are without water or experiencing other problems because of your lack of preparation – this is bad for business.
You’ll need a truck or van to transport yourself and your tools from place to place. If you can avoid using your personal vehicle to do business work, this is a good idea.
Buy a vehicle through your business for your business and you’ll be able to write it off on your taxes. Make sure to ask your tax professional for details about purchasing a vehicle for your company.
Your website is like your online business card. If you don’t have a website, it’s almost like you don’t exist.
Your website doesn’t have to be fancy or have all of the bells and whistles. You mainly need to have an about section, home page and a means to contact you to get help with their plumbing needs.
Grow Your Business Knowledge
Now you know more about starting a plumbing business. Starting your new business can be both exciting and daunting but we are here to help.
Continue going through our business articles to get the insight and information you need.