Starting a plumbing company in Australia may provide not just a financially lucrative job but also a worklife full of diversity, development, and momentum. The plumbing business in Australia has been thriving, with an average annual growth rate of 1.3 percent (Ibis World Research).
There are two basic components to launching your own plumbing company:
Getting sufficient training and experience as a plumber
Starting your own company
This article will walk you through both parts of the process, including not just the steps you’ll need to follow to become a plumber but also some advice on how to establish your own plumbing company.
Getting a job as a plumber
So, let’s start with the basics: What steps do you need to follow to become a plumber?
If you want to be a plumber, you must complete the following steps:
- Start your apprenticeship.
- Complete your training and certificates.
- Make sure you have the appropriate licenses.
- Decide on the sort of plumber you want to be or the field of plumbing in which you want to specialize.
How to Become a Plumber Apprentice
You can apply to a variety of plumber apprentice organizations and networks to become an apprentice. The apprenticeship itself lasts many years and involves training, certification, and on-the-job experience.
For those wishing to start their plumbing apprenticeships, Seek.com.au offers excellent career information and paths.
How can I obtain a certification or license?
Plumbers must get both a training certification and a license/s in every state and territory. Because the specific criteria vary by state. You will need to research the rules and guidelines that are in place in your in the state where you’ll be working and ensure that you fully comply with the requirements.
What factors should you consider while selecting a plumbing specialty?
The plumbing industry is diverse, and there are several distinct plumbing specialities and types of employment to choose from. These include licensed water supply, irrigation, sanitary, residential, service and repair.
Do some research into the options that are available and work toward specializing in what interests you the most. You can also speak with your apprenticeship program’s supervisors and mentors.
Where can you buy the items you’ll need?
Plumbers use a range of tools to complete their work. Even while you don’t have to acquire everything at once and can develop your toolkit over time, figuring out what you’ll need to get started might be intimidating.
What kind of insurance do plumbing companies require?
Insurance is required for all plumbing firms, but the sort of plumbers insurance you need will be determined by your individual needs. If you’re a sole trader, for example, you won’t require workers compensation insurance.
Insurance types include general public liability insurance; insurance for tools and equipment; vehicle insurance; insurance for personal accidents, injuries, and illnesses; life insurance; workers’ compensation insurance; contractual liability insurance/contractual works; premises insurance.
Starting a company
- Decide on a name for your plumbing business
It might be difficult to get started in the plumbing industry since there are so many decisions to make and tasks to complete. So we figured we’d start with something easy (and hopefully enjoyable): naming your company.
There’s no need to go overboard with the creativity or quirkiness. The greatest names are simple, have a clear reference to what you do (plumbing), and help you stand out from the crowd.
- Determining the organizational structure
It might be difficult to figure out what kind of business structure you want to start with. If you’re only going to work for yourself, you’ll be deemed self-employed; but, if you want to get right in with workers and staff, a sole trader or corporation will be the best option. A partnership arrangement can be formed by many business owners.
It is possible to modify the form of your business later on, but it will almost always necessitate specific registrations or re-registrations, such as your Australian Business Number (ABN).
- Determine your business strategy
The more you plan, the more likely you are to succeed. Your business plan is a road map for achieving success in your company. Your plumber business plan will include a breakdown of everything you plan to do in the short, medium, and long term to build and establish your firm, as well as your business objectives, intended market focus, and unique selling point. Setting prices, assessing your competitors, analyzing the market, or doing a SWOT analysis to uncover your strengths, weaknesses, opportunities, and threats are all examples of this.
A business plan may also include a summary of your financial resources, required investments, needed equipment, a marketing strategy, and an expansion strategy, among other things.
- Determine financial forecasts
Budgeting and financial planning are two terms that are used interchangeably.
Budgeting may not be enjoyable, but it is critical. Begin by calculating how much money (also known as capital in the business sector) you’ll require to get started. You’ll need to take into consideration things such as business licenses, insurance, cost of equipment and vehicles, work clothing, storage, and premises.
- Determine your prices
How do you intend to bill your customers? You may charge a flat price, charge by the hour, charge according to the material utilized, or just quote each project based on your experience. Pricing can be tricky, so be sure you don’t undersell your services.
- Get your administration straight
There’s a lot to accomplish on the administrative side of your business, from getting an ABN to dealing with payroll (if you have staff). To minimize time and effort, set up an invoicing and quote system, open a company bank account, and consider utilizing a Customer Relationship Management (CRM) application.
At this point, you’ll also need to get a business mobile phone, van (where applicable), email address and premises for your company.
- Market and promote your business
Because there’s so much marketing opportunity in the plumbing industry, we’ve compiled a list of our marketing recommendations for beginning a plumbing business and generating more plumbing leads:
- Create a basic yet memorable logo that clearly identifies you as a plumber.
- Create and print business cards that include your contact information.
- Create an easy-to-use website.
- Create accounts on social networking for your website.
- Create a referral program with a discount to promote recommendations.
- Where can you locate plumbing jobs for your company?
The quantity of plumbing business you obtain determines the success of your plumbing business! Plumbers, whether individual traders or employees of a firm, are increasingly online directories to connect with thousands of plumbing tasks each year. Directories like this can help you to find more work and build your business.