You want to start your own plumbing company. You have the training. You have the drive and motivation. Now you need to get started. If you are interested in launching a plumbing business, continue reading to learn some tips that will help you along the way.

Put Your Finances in Order

Money is often a barrier to entry when starting any business. Once you have the financial capital in place, figuring out how to separate your personal finances from those of your business can feel like you are muddying the waters, especially when you are operating a limited company. Just because you are a skilled plumber does not mean you have the right answers regarding company finances.

The good thing is that there is a viable solution to your frustrations. All you need to do is open a limited company bank account. With this type of bank account, any personal expenditures are kept separate from business ones and vice versa. Adding an LTD business account will help you maintain payroll, figure out your tax liabilities, and stay on top of receipts. 

Find a Reliable Admin Team

Some people can run a one-person business, especially in the beginning. However, if you begin to miss calls or delay returning them because you are actively on the job, you will also begin to lose business to your competitors. You can avoid this problem by hiring a reliable administrative staff.

Your staff may only include one person at first. That person may be a jack or jill of all trades, who can handle all of your administrative tasks. This should include answering the phone, scheduling you for service calls, billing and collections, creating mailings and emails, and the list goes on. You can even augment your admin’s time by harnessing the power of artificial intelligence to handle some of the customer calls, especially after hours.

Advertise the Right Way

Potential customers will never know you are in business if you do not advertise. There are a lot of plumbers around, and you need to put forth the effort to get noticed. A variety of methods will get your company name in front of potential customers’ eyes. Here are some advertising strategies that will pay off.

• Attend local business fairs. Hand out company-branded magnets and business cards.
• Ask local businesses to place your company’s magnets at their sales counters.
• Send out direct mailers to the areas you serve.
• Create a user-friendly and aesthetically pleasing website.
• Use these ethically-sourced email addresses to build an email list you can use for marketing purposes.
• Create social media accounts on popular platforms and begin posting clean, informative, and interesting content to generate interest.
• Create a company newsletter.
• Offer lead magnets on your website, such as free guides or webinars, in exchange for email addresses.

Watch this video to learn how to create lead magnets that will work for your company.

Becoming an entrepreneur in a field you enjoy, such as plumbing, is exciting. It is also a little daunting. Make your life and the path to achieving your business goals easier by following these steps today.