How To Start Plumbing Materials Business In Nigeria
How To Start Plumbing Materials Business In Nigeria
- 1 How To Start Plumbing Materials Business In Nigeria
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Plumbing business is one of the most lucrative business at the moment because of the demand for plumbers. However, to succeed, you need to know your craft very well, coupled with a practical plan that is easy to follow.
In this article, I’m going to guide you through various easy steps on how you can start a lucrative plumbing business in Nigeria that makes you a lot of money.
How to Begin A Plumbing Business In Nigeria
The first on the list is TRAINING. You definitely cannot do this business if you don’t know the craft. As a business consultant, I usually advise prospective plumbers to first of all work as an apprentice. That way, they learn directly from the master himself who will also be able to reveal some hidden secrets in the business if the apprentice is humble enough to learn.
If you don’t know your craft very well, you might end up losing customers, especially when you do a crappy job and that is the quickest route to getting kicked out of business. Your apprenticeship can last for a year or more depending on how fast you learn.
This stage is usually very hard to most people. This is because you might get insulted on spit upon by your master. Some of his behavior might be repulsive and degrading to your personality. However, do not revolt. Calm down and acquire this skill. Perhaps when you have, you can burn down the shop if you want.
Before I conclude about TRAINING, you must know that there are courses in some high institutions where one can learn about plumbing. These plumbing programs or courses might take years to finish and when you’re through, you become an icon in the world of plumbing. Trust me!
2. Business Plan
After your training, the next logical step when it comes to plumbing business will be to write a good and detailed plumbing business plan. This is a plan that guide you to success. Many entrepreneurs call a business plan a compass. Some call it an anchor. The truth remains that if you want success, you’ve got to plan for it. if you do not plan to succeed, you plan to fail.
If you can’t write a business plan, hire someone who can. But make sure that you are part of all the whole process since you will be the one executing them. Getting a professional to write your business plan might not be cheap, but it is worth it.
You need money if you must be able to establish a plumbing business here in Nigeria. You need money for a space, for most of the plumbing equipment and tools. With a good business plan, you might be able to attract investors who will be ready to make sure that this business of yours become a reality.
There are other means to source for finance, like personal savings, getting help from family and friends. If you belong to any association or group, you can also solicit for a loan.
The cost of startup will be determined by how big or small you want to start. From your business plan, you will know exactly how much you need to start this business.
4. Business Location
Your business location is very crucial as long as plumbing business is concerned. You don’t want a location where you are too far away from your target market. It will be a hindrance. You need a location where there are a lot of pedestrian traffic. People who might seek for your services might have cars, also make sure that the road that leads to your business location is motorable.
One of the causes of business failure in Nigeria is when most of our entrepreneurs don’t take the issue of location serious. In the end, they fail woefully and end up blaming the business. They even go as far as discouraging others from doing the business. If you point at people who are already successful in that business, they will accuse the smart entrepreneur of using magic to do business. That is the world we live in today.
As a new fish in the world of plumbing, you need to know your marketing in and out. This is the only way you will be able to get clients and be able to make money. When you fail to market your services properly, no one will notice you or your business. There are numerous ways to market your plumbing business and they include;
- Word of mouth
- Business cards
- Social media marketing
- Newspaper advert
- Fliers and posters etc.
If you do this well, you will find yourself travelling round the country for outside works. Who knows, you might get a major contract that hits in millions. Don’t underestimate the plumbing business.
6. Employ Workers
There will come a time when you will not be able to keep up with work, that is the time you need to employ experienced plumbers who knows their craft, friendly and able to deliver a good job to the customer.
Another factor to consider when employing anyone into your business is to find out if they are trustworthy and a people’s person.
7. Register your Business
Many plumbers that I know hardly think about registering their plumbing business. In fact, they don’t even have a business name and that is why from year to year, they hardly grow. If your story must be different, then register your business as an entity. This is the first step to growth.
Apart from helping you build a brand, registering your business name help attracts investors who might want to help you take the business to the next level.
7. Getting Suppliers
In this plumbing business, you can’t function without some basic materials and tools that helps the smooth running of the business like,
- A truck or van for transportation
- Pipe wrenches
- A circular saw
- A propane touch
- Extension cord
- A reciprocating saw
- Office furniture and chairs
- And a mobile phone and email for communication etc.
Plumbing business is a good business if you know your craft well, a detailed business plan with a top-notch marketing skills. This business has been what many have used to feed their homes and send their children to school.Iif you do it better, you will be able to feed a community, have your own mansion and cars. It is all about determination and playing your ball well.
That’s the much we can take on the topic “How To Start Plumbing Materials Business In Nigeria”.
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