By Lanee’ Blunt
Starting a plumbing businesscan be lucrative. You will not have to worry about being laid off or yourcompany downsizing. When starting a new business most people take theirexperience in employment and apply it to their business. If you have a plumbingbackground and considering starting a business there are things you have toconsider.
Starting out you will needtraining as a plumber if you don’t have experience. There are schools availablethat you can go to that offer plumbing training, community colleges andvocational schools. These schools will offer training and after you graduateyou can become a full time plumber. Take plumbing courses online if you alreadyhave a busy schedule.
Determine Legal Ownership
You must set up yourbusiness as a legal entity. Decide which form of ownership is best for yourparticular business: sole proprietorship, partnership, Limited LiabilityCompany (LLC), corporation, or S corporation. Starting a plumbing business as a soleproprietorship you have to file a “fictitious name” or “Doing Business As”(DBA) registration form. In some states, you have to register a DBA with thestate government or the county clerk’s office. You will need your driver’slicense or state ID card with your application. If you are going to hire employeesas a sole proprietorship you need to use the (EIN) Employee IdentificationNumber. Fill-out the necessary forms andsend them back to the federal government and they will return it to you withyour EIN number.
Buy the equipment you need.Purchase a van or truck for your business. Find a building that will haveenough room for all of your equipment. Advertise and market your business. Getbusiness cards printed and build a website.
SBA: 5 Steps to Registeringyour Business
Plumbing Training Courses:How to Open and Run a Plumbing Business; Joshua; 2011
Businessrise: How to Start aPlumbing Business; Gianna Lazarou
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