How does a professional plumber expand their business?
If you have been working as a plumber for a number of years with your own business, you might be ready to consider taking it to the next level. There are a couple of options open to you that will allow you to grow your business, so let’s take a look at a few of them today.
Invest in your business: Hiring an additional plumber or an apprentice is a great way to increase the size of your business. This approach however, involves additional funding for a second van and equipment, so always check your local council for small business grants, before asking the bank for a business loan.
Expand your skills: Upskilling to become a gas fitter is one of the easiest ways to expand your business as a plumber and so is becoming a welder! You might be surprised to learn that the more complementary skills you have under your belt, the more you can actually expand your business. Check out your local tech college for any courses that teach complementary skills, such as gas fitting and welding and don’t forget to claim them on your taxes!
Specialise in one area: You might think that specialising in one area might reduce your work, not increase it, but if you become really good at something you can build a very successful business! Take for example, a plumber who loves working on new build residential homes. If you become very good at what you do and build a reputation within the local area for your quality work, you will start to be called more and more frequently when a new development needs contractors.
Setup a website: Too many plumbers don’t market their businesses properly, but if you want to expand your business you can’t ignore the power of the internet and social media. Find yourself a good website developer to design a customised website for your business and find someone else to manage your social media. It’s another way that every plumber should be investing in growing their business and it’s all tax deductible anyway!
If you need a good plumber with years of experience under their belt, call Mint Plumbing on 07 3297 6517 or send us an email.
