Thinking about starting your very own HVAC business? Well, you’ve picked a good industry! With new construction on the rise, HVAC contractors are in demand right now.
In the last 5 years, warm air furnace shipments have seen a 23% increase due to the increase in new construction. So there’s never been a better time to start your HVAC business!
We’ve put together this guide to help give you a few tips on where and how to get started. Read on to learn what you need to know to get your HVAC business going!
1. Get The Proper Credentials and Training
You will want to make sure to get all the proper education and certifications for your industry. Your business will not succeed unless you are knowledgeable. Some of the organizations, certifications, and specializations to look into can include:
You and your employees should be skilled if you hope to have a successful business, and membership and training from some of these organizations is a way to acquire and maintain those skills.
2. Work With Construction Firms
Research who in your area builds or remodels homes if you’re looking to do residential work. Building relationships with good contractors can be a great way to generate leads and business. If you can show the contractors you do good work, they will be more likely to bring you into projects they are working on.
Over time, you may be able to grow a pool of construction firms that you work with regularly, generating a steady influx of jobs.
3. Consider the Start-Up Costs of an HVAC Business
Before you get your HVAC repair company started, it is important to be aware of what you are getting into and determine whether you are making a feasible investment or not. Most businesses take several years to become profitable, and the more you invest up front, the longer that could take.
For example, will you rent an office or work out of your home? Working out of your home may be cheaper, but in some locations, it may actually be illegal to run an HVAC business without a physical office location that is not your home. You will need to research local ordinances and make sure everything you are doing is legal in order to become a legitimate company.
Be Smart and Do Good Work
Ultimately, if you are smart and do quality work, your HVAC business stands a good chance of success. Do your research, talk to other pros, and do what you can to educate yourself about the pitfalls of running your own small business. With a lot of hard work and a little luck, your business will take off!
If you enjoyed this article, stick around. We’ve got a lot more great content to help you learn all about starting and running your own business!