Business plumbing service is the type of professional plumbing work that a commercial building or office needs on a regular basis. Whether it’s a burst pipe or clogged drain, a plumber will get the job done right the first time to prevent additional damage and costly downtime. In addition to emergency services, many plumbing contractors offer preventative maintenance contracts. These maintenance contracts help the client avoid expensive emergencies and give the plumbing contractor consistent work that increases their revenue and visibility.Click here
What is plumbing and types?
The first step in launching a new plumbing company is to create a business plan. This document should include an executive summary that conveys your overall goals and a full financial plan that lists costs, expenses, income projections and staffing requirements. This is a vital document to present to banks or private investors when seeking funding to launch your plumbing business.
You’ll also want to select a legal structure for your business. Your options include a sole proprietorship, partnership, LLC or corporation. Consult with an attorney or accountant to determine which structure is best for your business.
Once you’ve selected a legal structure, register your business with the appropriate state agency to establish it as a legal entity. You’ll also need to obtain insurance policies, including commercial vehicle, general liability and workers compensation.
As you begin to build your business, focus on networking with other professionals in the industry to promote your plumbing services and gain a competitive edge. Consider participating in local business events, joining professional organizations and offering pro bono plumbing services to charitable groups.