The Ultimate Guide for Starting a Plumbing Business in 2021
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Plumbing is a rewarding and more demanding career. Plumbing business is necessary because consumers and businesses generally are incapable of maintaining their plumbing systems. Depending on where you live many plumbers business ideas obtain corporate or commercial contracts and work exclusively with businesses.
By starting a plumbing business you can become your boss and have very much flexible work. Starting a plumbing business gives more freedom and the ability to shape your future versus working for someone else. Most plumbers often use math, creativity, design, and problem-solving skills, especially as they take on larger and more complex jobs.
The plumbing business in India covers the following aspects as Sanitary, Water, Gas, Heating and cooling, Metal roofing, Industrial wastes, Drainage, Building services, Mechanical services, Air-conditioning, and Fire services. But not many people know "how to start a plumbing business?" So this article will show you step by step how to start your own plumbing business and even market it.
Training and Qualifications
Business Plan
Research About Plumbing
Choosing Your Expertise
Investment
Setting Up Office
Invest in the Right Equipment
Marketing Your Plumbing Business
Business Insurance
Frequently Asked Questions
Purbalee Dutta
Training and Qualifications
Earning your high school diploma or equivalent, such as GED is the first step to become a professional plumber before growing plumbing business. So what to know before starting a plumbing business? For plumbers having advanced knowledge of math and science are necessary. Once you have completed your high school diploma or equivalent the next step is to enrol in a technical plumbing course and then start a plumber business.
The curriculum depends on the city and state’s requirements but topics include the following aspects:
- Pipe cutting and soldering
- Draining and venting
- Electrical basics
- Water heating systems
- Local plumbing codes
Joining the Plumbing-Heating-Cooling Contractors Associations can help you grow your plumbing career. The first step on how to start a plumbing company is by first choosing a location. Depending upon your location, you will likely be required to work along with an experienced plumber as an apprentice for a certain no of hours. You might be able to complete your apprenticeship while you are enrolled in technical courses.
Business Plan
Plumbing is a system that deals with the flow of fluids using pipes, tubes, tanks, or any other material that convey fluids through it which is why it is important to have a plumbing materials business plan. A plumbing material shop business plan is different from a plumbing company business plan so you should plan accordingly. Since the business of infrastructure is ever continuing and therefore there is always a requirement for plumbing services in the field. Job growth in plumbing services is positive which is about 16% growth in plumbing services.
A business plan is important as it gives you an outlay of your business and helps you in moving in the right direction. In the business plan you must include all the details like how you will start the business and what will it take to start. This business plan also helps you in securing loans, getting new investments. Other relevant information which you must include in the business plan are below:
- Legal entity
- Document’s required
- Details of finance
- Business structure
- Team structure
- Field of expertise
Baishali Das Adhikari
Research About Plumbing
The view of outside and inside are different points of view. It is very much important to go deeper into this topic and research as much as you can as it is one of the most important steps in "how to set up a plumbing business". Interact with those people who are already in this business. They will give you insights to start a plumbing business.
Choosing Your Expertise
Plumbing services have a very speciality of fields and magnitude of service. It is not easy to become an expert in all kinds of plumbing services. Choose them wisely based on your budget, expertise, team size, and equipment. Depending on the expertise the plumbing business owner salary can be high or low. There are many plumbing business opportunities, you can also choose commercial plumbing and household plumbing as this differ fundamentally.
Investment
Investment is the core of any business. You have the required investment based on your business plan to start your business properly in the right direction. How to grow a plumbing company? You must invest money wisely and never think that the more you invest more you gain profit it is wrong.
Setting Up Office
The plumber business plan must also include plans for setting office to operate your business. Setup your office at a place that suits your business and chooses that place from where people can easily access you. Maintain your office with all the required equipment and accessories for starting a plumbing business.
Both plumbing and heating businesses also need a warehouse to keep all the plumbing instruments, equipment, tools, and machines that plumbers need in their service. You can have your warehouse beside your office.
Invest in the Right Equipment
There are a few essential plumbing tools you will need in your plumber service. But don’t invest all of your money in shiny new equipment. So how to run a successful plumbing business? Start with the basics equipment, and purchase other types of equipment for speciality jobs if you have the license, skills, and customer demand.
Some right equipment which you need for a plumber business:
Wrenches
- Pipe wrench
- Basin wrench
- Adjustable wrench
- Faucet key
Pipe Work
- Hacksaw
- Tube and plastic pipe cutters
- Plumber’s torch
- Thread sealing tape
- Pliers
- Press fitting systems
Clearing clogs
- Plungers
- Hand Auger
- Snake Machine
Safety first
- Goggles
- Gloves
- Heat shields/pads
Other essentials
- PEX pipe expander & fittings
- Crimpers
- Stubby screwdriver
- Borescope
- Plumbing business software
Arbaaz sayed
Marketing Your Plumbing Business
Most plumbers are too busy servicing their customers and running their business to think about marketing. Marketing will help you grow your plumbing business. Plumbing is one such industry where you should be able to find a decent amount of customers if you target them the right way, as plumbing business profitability depends on it.
In order for a plumbing business to achieve lasting success, it’s imperative to make a habit of constantly attracting new customers you need to come up with promotional ideas for plumbers. This is the main step on "how to grow a plumbing business" Get your plumbing business ideas flowing in the right direction with these marketing strategies:
- Directory and pay per lead sites
- Search engine marketing
- Pay per click marketing
- Your website
- Social media marketing
- Email marketing
- Video marketing
- Recruitment marketing
- Customer service
- Review generation (this goes hand-in-hand with customer service)
The plumbing industry is always changing. They are always coming out with new equipment, new materials.
Business Insurance
So another step on how to start a plumbing business is by getting business insurance. As it helps protect your small business, you should consider getting plumbers’ insurance, also known as business insurance.
Whether you’re a residential or commercial plumber, you face unique risks while installing and repairing plumbing systems all plumbing businesses in India must get Insurance. All businesses, regardless of industry, face risks that should be covered by insurance. These are the types Of Insurance Plumbing Businesses Need.
General Liability Insurance
- Premises Liability
- Products Liability
- Completed Operations
Plumber Business Owners Policy (BOP)
- Buildings and Contents
- Business Income and Extra Expense
- Electronic Data
- Newly Acquired or Constructed Buildings
- Employee Dishonesty Coverage
Workers’ Compensation Insurance
If your starting plumbing business your employees can get hurt or sick from their job, workers’ compensation insurance can help pay for their medical costs, replace some of their lost income, and more.
Commercial Auto Insurance
Commercial auto insurance covers vehicular damages to your company vehicles, whether they are driven by you personally or by your workers.
Plumber Workers Comp Insurance
If one of your employed staff is hurt while performing his work duties, or if he is made ill by something related to his job, workers comp for plumbing contractors provides help in several different ways.
Shubham Kumar
Frequently Asked Questions
What are the materials used in plumbing?
Common plumbing Materials that are used in plumbing:-
- Cast iron for plumbing waste lines.
- PVC (PolyVinyl Chloride) for plumbing waste lines.
- Chromed brass for plumbing waste lines.
- Chromed copper for water supply lines.
- Galvanized iron for water supply lines.
- Copper (rigid and flexible) for water supply lines.
- CPVC (Chlorinated Poly-Vinyl Chloride) for water supply lines.
How to start a plumbing business in India?
Steps to start a plumbing business in India:-
- Get Certified
- Serve as an Apprentice
- Choose a Specialty
- Invest in Equipment.
- Register Your Business
- Create a Service Agreement and Pricing Formula.
- Set Up an Office
- Start an Online Presence
How to grow a plumbing business?
Strategies to grow a plumbing business:-
- Create a Marketplace or a Dedicated Mobile App
- Develop a Professional Website
- Submit Your Website to Local Directories
- Search Engine Optimization
- Cross-Platform Marketing
- Social Media Marketing
- Paid Advertising
How profitable is a plumbing business?
A master plumber running a one-person company making $45 per hour, working 8 hours per day can make up to $100,000 per year. If ongoing costs are between $10,000 and $20,000 per year, this leaves $80,000 as net profit.
How much is a plumbing business worth?
However, it is a very profitable business, as the average sales price is up to $700k and the most frequent deal size is $300k in America.
How much money does to start a plumbing business in India?
This depends on a lot of factors such as location and the type of plumbing business you want to start.
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- Manage your business smoothly- Google Workspace
