• Plumbing Business Plan

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Plumbing Business Plan

The plumbing business defines the following works as water supply, gas fitting, sanitary, storm water roofing, drainage, mechanical services, fire protection and non-agricultural irrigation. This business requires a skill full person, since there are many opportunities for starting plumbing business due to high demand. Plumbing business can concentrate on selling tools and supplies or installing new plumbing work or servicing / repairing. Decide which business model suits you and do a lot of research on the existing competitors and the community needs.

Write down a business plan involves detailed research so that all the aspects of the given business are evaluated and appropriate decisions are made. Writing business plan help understand, to visualize, to plan and to identify risks, even before making any investments in the business. This business can be started by a independently individual person or by considering franchise. When you decide to move with franchise there are various advantage of it since, they have a brand name and name recognition of a major plumbing chain. Opening a franchise requires a lot of start-up capital.

The next step is the registration of the business, which requires a name and other information by providing a business regulation for safety measures. Once this is done, tools and materials are necessary for plumbing jobs and reliable transportation to visit sites. Focus on the marketing to acquire more clients, which are usually accomplish by word of mouth, business card, websites, social media, tv and radio. In india the market is expected to reach $2.1 billion by 2017 which is dominated by unorganized players. The market is growing at CAGR of 15%. The market has reached $450 million in the year 2016-17.

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All organizations are made up of group of capabilities that are coming from People, Processes and Systems. These capabilities are working together in a seamless manner to deliver the requisite capabilities to the customer. The various capabilities that need to be addressed in a plumbing business plan are given below:

People

CEO, Vice president of marketing, VP Operation, VP Finance, marketing and research manager, sales manager, sales person, office manager, field manager, dispatcher officer, inventory officer, service technician, project manager, Installation technician, human resource manager, admin, customer relation officer and security.

Process

Project management, bid management, BIM Management, Fabrication management, logistics management, accounting management, fixed asset management, human resource management, information technology management, legal management, marketing management, risk/safety management, service management.

Systems

Plumbing equipment are , Tape measure, hammer, Hack saw, Various adjustable wrenches, Multi tip screwdriver, Ball-peen hammer, Regular and stubby screwdrivers, Needle-nose pliers, Vise grip pliers, Side cutters, Cold/wood chisels, 2ft level, Allen keys imperial/metric, Socket set, Files, round/flat, Crow bar, Shovels long/short, Tin snips, Step ladder, Caulking gun, Safety, Gloves/goggles/ear plugs, Sledge hammer, Flashlight, Drywall knife/ box cutter, Trowel, Hand saw, Hole saw kit and Wire strippers. Office equipment is also required in to maintain the operation and management.

Most of the businesses have professional bodies across the globe and being associated with these organizations tremendously helps in understanding the current trends in business. Some of the professional bodies are listed below for your reference:

Indian Plumbing Association
E-117, LGF, Masjid Moth Greater Kailash - III, New Delhi - 110 048.

American Society of Plumbing Engineers
6400 Shafer Ct., Suite 350 Rosemont, IL 60018-4914

Association of Plumbing & Heating Contractors
12 The Pavilions, Cranmore Drive, Solihull, B90 4SB

Master Plumbers and Gasfitters Association of Western Australia
Level 3 / 353 Shepperton Road, EAST VICTORIA PARK WA 6101

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