Making A Fortune In Plumbing Business

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Plumbing is an essential aspect of a building, which involves installing or repairing pipes and fittings in such a way that water is easily used and waste

Depending on the niche you want to cover, these are the basic materials that are needed. They include: Pipes and fittings, buckets to store fittings, pipe wrenches, reciprocating saw, circular saw, whole hog right angle drill, cordless screw gun, propane torch, cast iron pipe cutter, extension cords, pipe dope/teflon tape and trucks.Starting a business does not come cheap and will require money. As a plumber, your major cost will likely be investing in equipment.

Your start-up capital should cover office set up, cost of labour, registration, licences, equipment, marketing and other logistics. If you don’t have the finance to start this business you can attract investors with your business plan. Also, you can apply for loans from financial institutions or look for business partners who can finance the business while you bring expertise.According to Akinola Oshodi, a plumber, the plumbing business is profitable just like the global plumbing industry was projected to hit over $120 billion by 2023.

 

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