Plumbing and other jobs in the skilled trades are often regarded as “blue-collar jobs” or as not very good jobs at all. The reality is that these types of jobs are indeed very good jobs, as they don’t require a lot of schooling (meaning more money saved) and they actually pay very well.
For example, plumbers in the United States can make anywhere from $17.00 to $33.00 an hour according to ZipRecruiter, or anywhere from $40,000 a year to $75,000 a year. As the owner of your own business, you have the potential to earn a salary on the higher end of this spectrum. So if you’re wanting to start your own plumbing business, here’s what you’re going to need.
To get your business started, you’re going to need plumbing equipment. This includes things like pipes and basic tools, such as wrenches, pliers, a plumber’s torch, crimpers, and plungers. You’re also going to need a way to transport your equipment and tools to and from your clients’ homes/buildings, like a van or a truck. Another thing you’re going to need is plumbing business software. This specific type of software eliminates the need for you to use pencil and paper for keeping up with estimates, invoices, and other paperwork.
When you’re just starting your business, it’s okay to work out of a home office, but after a while, you’ll probably need a separate office for your business. Location is the most important aspect when it comes to purchasing any type of property, but because plumbers meet with clients, you can choose an office building just about anywhere you want. Just make sure that your building isn’t too far from residential areas, because people often call a plumber when they need one fast, and you’ll want to get there as soon as possible.
All businesses need insurance to protect them from a number of things that can occur. Most businesses start off by getting general liability insurance, which covers them in the case of personal or bodily injury resulting from their business. Another type of insurance you’ll need is commercial property insurance if you’re operating outside of your home.
This type of insurance covers the expenses of repairing your building in the case of a break-in and most natural disasters. Finally, you’ll also need commercial auto insurance for your company vehicle, as your personal care insurance will not cover your work vehicle.
Again, when you’re just starting out you can probably handle all of your calls yourself. As your business starts to grow, you’ll want to have more help. You can post to job listing websites and niche sites to search for qualified plumbers to work for you, or you can hire a recruitment agency to bring qualified candidates to you. You can also advertise that you’re hiring on social media, the same way you’d advertise your services to potential clients. Remember that when you hire employees, you’ll also need workers’ compensation insurance in the event that your employees get sick, injured, or killed on a job.
All workers in the skilled trades know that they must be certified before they can start any official work, but many of these fields require you to update your license every so often to continue working legally. As a plumber, you’ll need to continue your education in plumbing to keep your license updated. Keep in mind that different states and even different cities within one state may have different requirements when it comes to licensing, so make sure that you have the proper licensing to work legally.
Don’t forget to register your business as a legal entity before you begin work. It may also be a good idea to start a referral program so that word can get around about your new business. Just remember to be as professional as possible and to also do a good job so that people will know you’re worth hiring.