lope plumbing business plan

Plumbing Business Plan Template

Written by Dave Lavinsky

Plumbing Business Plan

You’ve come to the right place to create your Plumbing business plan.

We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their Plumbing businesses.

Below is a template to help you create each section of your Plumbing business plan.

Executive Summary

Business overview.

Perfect Plumbing LLC is a new plumbing company located in Chapel Hill, North Carolina. We are a small company that is committed to helping the residents of Chapel Hill with all of their plumbing needs. We have upfront pricing, years of experience, and promise to arrive on time, every time. With our excellent skills and service, we expect to be the #1 plumbing company in the area within the next five years.

Perfect Plumbing LLC is led by Harry Garcia who has been a plumber for 20 years. While working for competing plumbing companies, he provided a variety of plumbing services for hundreds of customers living in the Chapel Hill area. His work ethic and expertise has gained him a positive reputation in the community and he has already built an initial clientbase. His loyal clientbase and experience will be invaluable to the company.

Product Offering

Perfect Plumbing LLC will provide a long list of residential plumbing services to the residents of Chapel Hill, North Carolina. These services will include fixture installation, repair services, water heater services, and emergency services. We can provide practically any service that ensures our customers’ plumbing is always in good repair.

Customer Focus

Perfect Plumbing LLC will serve the homeowners of Chapel Hill, NC. We will also work with real estate companies and property management companies who need plumbing services for their residential properties.

Management Team

Perfect Plumbing LLC is led by Harry Garcia, an experienced plumber who has worked in the industry for 20 years. He has worked with hundreds of residents in the Chapel Hill area and has gained a great reputation for his friendliness, expertise, and work ethic. He has been planning on creating his own plumbing business for several years and is finally ready to launch. With his good reputation and loyal clientbase, Harry is confident that Perfect Plumbing LLC will be a success in the community.

Success Factors

Perfect Plumbing LLC is primed for success by offering the following competitive advantages:

• Quality plumbing services that are always on time and affordable.
• Management team with extensive plumbing experience and a focus on maintaining long-term relationships with customers.
• Skilled team of plumbing professionals who will get the job done right the first time.

Financial Highlights

Perfect Plumbing LLC is currently seeking $425,000 to launch. The funding will be dedicated to the office build out, purchase of initial supplies, working capital, marketing costs, and startup overhead expenses. The breakout of the funding is below:

• Store design/build: $100,000
• Vehicle purchase and maintenance: $50,000
• Equipment and initial supplies: $150,000
• Three months of overhead expenses (payroll, rent, utilities): $50,000
• Marketing costs: $25,000
• Working capital: $50,000

The following graph below outlines the pro forma financial projections for Perfect Plumbing LLC.

Company Overview

Who is perfect plumbing llc.

Perfect Plumbing LLC is a new plumbing company located in Chapel Hill, North Carolina. We are a small company that is committed to helping the residents of Chapel Hill with all of their plumbing needs. We know that many plumbers disappoint their customers by being late, charging extraordinary fees, and not fixing the job the first time around. At Perfect Plumbing LLC, we are always upfront with our prices, reach our appointments on time, and have the expertise to fix the problem right away. With our excellent skills and service, we expect to be the #1 plumbing company in the area within the next five years.

  Perfect Plumbing LLC is led by Harry Garcia who has been a plumber for 20 years. While working for competing plumbing companies, he provided a variety of plumbing services for hundreds of customers living in the Chapel Hill area. His work ethic and expertise has gained him a positive reputation in the community and he has already built an initial clientbase. His loyal clientbase and experience will be invaluable for the company.

Perfect Plumbing LLC History

After spending several years in the plumbing industry, Harry Garcia has gained the knowledge, skills, and expertise necessary to start his own plumbing business. After years of planning out his business, he finally incorporated Perfect Plumbing LLC on March 1st, 2023.

Since incorporation, Harry has achieved the following milestones for Perfect Plumbing LLC:

• Developed the company’s name, logo and website
• Finished the list of services the company will provide
• Determined equipment and inventory requirements
• Found a potential office location

Perfect Plumbing LLC’s Services

Perfect Plumbing LLC will provide the following residential plumbing services:

• Bathroom and kitchen fixture installation
• Remodeling plumbing services
• Pipe leak repair
• Leaky faucet repair
• Water heater installation and repair
• Garbage disposal repair
• Water line services
• Emergency services

Industry Analysis

The plumbing services industry consists of repair and installation services that plumbers provide to residential and commercial clients. This can include installing bathroom and kitchen fixtures, installing water heaters and sub pumps, repairing leaks and broken fixtures, and providing emergency services. Nearly every building on the planet has some form of plumbing, so professional plumbers are always in high demand.

The plumbing industry is expected to grow over the next several years. This is primarily due to the increase in housing construction, leading to millions of new homes being built and needing new plumbing. Demand is also high due to many older buildings needing updates and repairs to their plumbing systems. According to Global Newswire, the global mechanical, electrical, and plumbing industry was valued at $50.2 billion in 2022 and is expected to grow at a CAGR of 10.7% from now until 2032. This substantial growth ensures the industry will remain profitable, making it a perfect time for new plumbing companies to enter the market.

Customer Analysis

Demographic profile of target market, customer segmentation.

Perfect Plumbing LLC will primarily target the following customer profiles:

• Real estate companies
• Property management companies

Competitive Analysis

Direct and indirect competitors.

Perfect Plumbing LLC will face competition from other companies with similar business profiles. A description of each competitor company is below.

Urgent Plumbing Services

Urgent Plumbing Services is the top plumbing company for residents experiencing plumbing emergencies. They are on-call 24/7 and can dispatch a plumber in as little as a few minutes. They can help with practically any emergency, ranging from leaks to sub pump failures. However, they only handle emergencies and do not offer common, non-emergency repair services. As such, they charge high rates for their services, which prevents many residents from hiring their services. Due to their prices and limited services, we expect Urgent Plumbing Services to be a minor competitor.

Chapel Hill Plumbing Co.

Chapel Hill Plumbing Co. has been one of the most popular plumbing services in the Chapel Hill area since 1976. They offer a wide range of services and boast a large crew of 50 plumbers on staff. As such, they can handle most of Chapel Hill’s plumbing demands for both residential and commercial clients. We expect Chapel Hill Plumbing Co. will be our largest competitor.

Johnson’s Plumbing Van

Established in 2012, Johnson’s Plumbing Van is a small operation founded by Bart Johnson. Bart is the sole employee for the company, but has a long and impressively loyal clientbase. He provides a long range of services, but can’t take on any projects that require more than one professional to be involved. As such, he is a minor competitor despite his current success.

Competitive Advantage

Perfect Plumbing LLC will be able to offer the following advantages over their competition:

• Pricing : Perfect Plumbing LLC will provide an array of plumbing services that will be priced competitively and be more affordable than the competition.
• Customer-Focus : Perfect Plumbing LLC’s focus will be on providing customer-focus service that prioritizes customer satisfaction and maintaining long-term relationships.
• Management : Harry has been extremely successful working in the plumbing industry and will be able to use his previous experience to make clients feel comfortable with the process.

Marketing Plan

Brand & value proposition.

Perfect Plumbing LLC will offer the unique value proposition to its clientele:

• Client-focused plumbing services, where the company’s interests are aligned with the customer.
• Service is built on long-term relationships and personal attention.
• Quality services for affordable rates.

Promotions Strategy

The promotions strategy for Perfect Plumbing LLC is as follows:

Social Media Marketing

The company will have several social media accounts and invest in ads on all social media platforms. These accounts will showcase pictures of our crew as well as a list of the services we provide. The company will use targeted marketing to appeal to our target demographics.

SEO Website Marketing

Perfect Plumbing LLC will invest funds into maintaining a strong SEO presence on search engines like Google and Bing. When a person types in “local plumbing services” or “Chapel Hill plumbing services”, Perfect Plumbing LLC will appear in the top three choices.

Advertisement

Advertisements in print publications like newspapers, magazines, etc., are an excellent way for businesses to connect with their audience. Perfect Plumbing LLC will advertise its services in popular magazines and news dailies. Obtaining relevant placements in industry magazines and journals will also help in increasing brand visibility.

Perfect Plumbing LLC understands that the best promotion comes from satisfied customers. The company will encourage its clients to refer other individuals and businesses by providing discounts on future services for every new client produced. This strategy will increase in effectiveness as time goes on.

The pricing of Perfect Plumbing LLC will be moderate and on par with competitors so customers feel they receive value when hiring our plumbing services.

Operations Plan

Perfect Plumbing LLC will utilize the following operations plan. Operation Functions:

• Harry Garcia will be the Owner of Perfect Plumbing LLC. He will run the general operations of the company and provide plumbing services to his initial clientbase. He will be the sole employee for the company in the beginning but will gradually hire the following staff:
• An Administrative Assistant who can answer phones, schedule appointments, and work on general administrative tasks.
• An Accountant who will manage all client invoicing, billing, and payables.
• A Marketing Assistant who will run all the marketing and promotions campaigns.
• Several contractors who will provide quality plumbing services.

Milestones:

Perfect Plumbing LLC will have the following milestones complete in the next six months:

• 5/1/202X – Finalize lease agreement for office space
• 6/1/202X – Office build out
• 7/1/202X – Hire and train essential staff
• 8/1/202X – Begin marketing campaign
• 9/1/202X – Launch Perfect Plumbing LLC
• 10/1/202X – Reach break even

Though he has never run his own business, Harry Garcia has worked in the industry long enough to gain an in-depth knowledge of the operations (e.g., running day-to-day operations) and the business (e.g., staffing, marketing, etc.) sides of the industry. He also already has a starting customer base that he served while working for other plumbing companies. He will hire several other employees who can help him run the aspects of the business that he is unfamiliar with.

Financial Plan

Key revenue & costs.

The revenue drivers for Perfect Plumbing LLC will come charging our clients for our plumbing services.

The cost drivers for Perfect Plumbing LLC will include the overhead costs, salaries, cost of supplies, vehicle maintenance, and marketing expenses.

Funding Requirements and Use of Funds

Key assumptions.

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and pay off the startup business loan.

• Number Of Clients:
• Annual Lease: $25,000
• Vehicle Maintenance & Upkeep: $20,000

Financial Projections

Income statement, balance sheet, cash flow statement, plumbing business plan faqs, what is a plumbing business plan.

A plumbing business plan is a plan to start and/or grow your plumbing business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can easily complete your Plumbing business plan using our Plumbing Business Plan Template here .

What are the Main Types of Plumbing Businesses? 

There are a number of different kinds of plumbing businesses , some examples include: Commercial Plumbing, Residential Plumbing, and Service and Repair Plumbing.

How Do You Get Funding for Your Plumbing Business Plan?

Plumbing businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.

What are the Steps To Start a Plumbing Business?

Starting a plumbing business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Plumbing Business Plan - The first step in starting a business is to create a detailed plumbing business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast. 

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your plumbing business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your plumbing business is in compliance with local laws.

3. Register Your Plumbing Business - Once you have chosen a legal structure, the next step is to register your plumbing business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.

4. Identify Financing Options - It’s likely that you’ll need some capital to start your plumbing business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.

7. Acquire Necessary Plumbing Equipment & Supplies - In order to start your plumbing business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation.

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your plumbing business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful plumbing business:

• How to Start a Plumbing Business

Sample Plumbing Service Business Plan

Plumbing company business plan sample.

If you want to go into the plumbing industry and start a plumbing business, then you are reading the right page.

This article will be giving a sample so you can use it as a guide in writing a business plan for your plumbing business.

Here is a sample business plan for starting a plumbing contractor and material supply business.

Business Name: Lope Plumbing Business

TABLE OF CONTENT

• Executive Summary
• Business Description
• Our Products and Services
• Vision Statement
• Mission Statement
• Business Structure
• Market Analysis
• Sales and Marketing Strategy
• Financial Plan
• Competitive Advantage

EXECUTIVE SUMMARY

Plumbing business is a business that has been in existence for years now and is quite known for its success and growth in the business world. The plumbing industry is one of the top industries which is known for its rapid growth and expansion.

In the plumbing industry, you do not need to acquire a particular educational qualification or training for you to be able to start a plumbing business. All you need to make your business grow is the basic knowledge of plumbing, interest, and passion for the business and your startup capital is also important.

There is a growing request for home repair work and improvement due to the existence of vacation homes, second homes, rental units, commercial properties, and so on.

BUSINESS DESCRIPTION

Lope Plumbing Business is a well registered and licensed business owned by Loweston Peter and his immediate family members. The business is focused on offering quality and affordable plumbing services to the residents in Dallas, Texas. In ensuring that the business succeeds in the plumbing industry, we have studied and chosen a location that suits our business well and also contribute to the growth of the business.

We are set to compete well in the plumbing industry not only in Dallas, Texas but also in the whole of the United States.

PRODUCTS AND SERVICES

The main service that will be provided by the business is the plumbing business but apart from this, we will be offering other handyman services in favor of business success.

The following are the services of Lope Plumbing Business:

• Installing plumbing fixtures
• Maintaining plumbing fixtures
• Fittings and equipment
• Wiring and electrical repairs
• Appliance repair
• Household pipes and drains
• Bathroom and toilet fixtures
• Venting systems
• Installation of heating and gas cooking appliances
• Painting and carpentry services
• Emergency repair work such as unclogging drains, repairing burst water pipes.

VISION STATEMENT

Lope Plumbing Business vision is to establish not just a plumbing business but a standard and one-stop plumbing business whose services and brand will be known in the United States of America.

MISSION STATEMENT

Our mission is to provide a professional plumbing business in regards to all the services we will be offering, that will assist our customers in ensuring that their equipment and facilities are always in good shape. We also want to build a business that can compete favorably well with leading plumbing businesses and brands in the United States.

BUSINESS STRUCTURE

In ensuring that the business succeeds in the plumbing industry, we have decided to hire people who are ready to work in achieving the goals of the business, people who are honest, creative, hardworking, cooperative, and have good customer care abilities. Also, we will take them through training that will position them right to compete with leading plumbing businesses in the United States. These people will be hired to occupy the following positions:

• Chief Executive Officer (owner of the business)
• Head of Technical Services
• Human Resources Manager
• Sales and Marketing Manager
• Plumbers and Handymen
• Customer Care Officials

MARKET ANALYSIS Market Trends

In the plumbing business, it is the quality of your plumbing and handyman service that determines the share of the market that you will have. One major thing that is in almost all businesses with the inclusion of the plumbing business is the online world.

For your business to create more awareness, get more contracts and make more sales, there is the need to create awareness online and this is the reason why we have decided to create an official website for our business online and also to use the online media in creating awareness for our business.

Target Market

After observing the industry and also examining studies, we have decided to make the following people the main target of our business:

• Non-profit organizations
• Large organizations
• Small companies
• Residential areas
• Sports facilities
• Campgrounds

SALES AND MARKETING STRATEGY

In making our business grow and also in making profitable sales through the services offered, we have decided to adopt the following strategies:

• Delivering quality and reliable services that go beyond our customers’ expectations.
• Sending brochures to individuals, households, construction companies, construction companies, and other key stakeholders.
• Advertising our business in business magazines, newspapers, television and radio stations.
• Using the internet to promote our business.
• Using a direct marketing approach.

FINANCIAL PLAN

The business has gotten 75% of its plumbing startup capital which is $70,000 and the remaining 25% will be gotten as a loan from banks and also from personal savings.

COMPETITIVE ADVANTAGE

We are aware of the competitiveness in the plumbing industry and to the top in the industry, we will be networking with key people that matters, employing professionals and experts, that is, highly trained and experienced technicians, meeting set targets and our employees will be well taken care of.

This is a plumbing business owned by Loweston Peter and his immediate family. It is a business plan sample that can be used as a guide by anyone who wants to write a plumbing business plan.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Free Download

Plumbing Business Plan Template

Download this free plumbing business plan template, with pre-filled examples, to create your own plan..

Or plan with professional support in LivePlan. Save 50% today

Available formats:

What you get with this template

A complete business plan.

Text and financials are already filled out and ready for you to update.

• SBA-lender approved format

Your plan is formatted the way lenders and investors expect.

Edit to your needs

Download as a Word document and edit your business plan right away.

• Detailed instructions

Features clear and simple instructions from expert business plan writers.

All 100% free. We're here to help you succeed in business, no strings attached.

Get the most out of your business plan example

Follow these tips to quickly develop a working business plan from this sample.

1. Don't worry about finding an exact match

We have over 550 sample business plan templates . So, make sure the plan is a close match, but don't get hung up on the details.

Your business is unique and will differ from any example or template you come across. So, use this example as a starting point and customize it to your needs.

2. Remember it's just an example

Our sample business plans are examples of what one business owner did. That doesn't make them perfect or require you to cram your business idea to fit the plan structure.

Use the information, financials, and formatting for inspiration. It will speed up and guide the plan writing process.

3. Know why you're writing a business plan

To create a plan that fits your needs , you need to know what you intend to do with it.

Are you planning to use your plan to apply for a loan or pitch to investors? Then it's worth following the format from your chosen sample plan to ensure you cover all necessary information.

But, if you don't plan to share your plan with anyone outside of your business—you likely don't need everything.

More business planning resources

How to Start a Business With No Money

How to Create a Business Plan Presentation

Industry Business Planning Guides

10 Qualities of a Good Business Plan

How to Write a Business Plan

Simple Business Plan Outline

How to Write a Business Plan for Investors

Business Plan Template

Download your template now

Need to validate your idea, secure funding, or grow your business this template is for you..

• Fill-in-the-blank simplicity
• Expert tips & tricks

We care about your privacy. See our privacy policy .

Not ready to download right now? We'll email you the link so you can download it whenever you're ready.

Download as Docx

Download as PDF

Finish your business plan with confidence

Step-by-step guidance and world-class support from the #1 business planning software

From template to plan in 30 minutes

• Step-by-step guidance
• Crystal clear financials
• Expert advice at your fingertips
• Funding & lender ready formats
• PLUS all the tools to manage & grow

The quickest way to turn a business idea into a business plan

Fill-in-the-blanks and automatic financials make it easy.

No thanks, I prefer writing 40-page documents.

Discover the world’s #1 plan building software

How to start a plumbing business from scratch

Starting a plumbing business from scratch isn’t easy. But if you have the skills and drive to make it, the sky’s the limit for your success and profitability.

However, it takes more than being an experienced plumber to succeed. Knowing how to start a plumbing business requires: 

• A good plumbing business plan.
• Financial backup.
• The development of a customer base.

Whether you’re a professional plumber with an established business or a new entrepreneur, this guide outlines the essential steps you need to learn how to start a plumbing business from scratch.

Steps to starting a successful plumbing business

There are many steps to consider when learning how to start a plumbing business. Careful planning using the following points will help you create a successful business model and solid financial plan.

1. Get your licenses and required training

Whether you’re going solo or have staff, it’s important to make sure everyone working on jobs has the correct training and licensing requirements.

Different countries and states have different requirements, so you’ll need to check your local licensing board.

There are also differences between commercial service and residential plumbing certifications, and specializing as a licensed plumber in a particular area can give you a competitive advantage.

2. Research your target audience

Knowing your target demographic helps you understand how to:

• Market your business.
• Have parts and plumbing tools for common problems.
• Set yourself apart from the competition.

If you’re a residential plumber, being able to take credit cards on-site helps you get paid faster.

With this information, you can tailor your services to the customers you want to reach.

3. Create a business plan

A solid business plan outlines the target goals you need to hit to be successful. Because it sets a strong foundation for your business, it’s a crucial step when learning how to start a plumbing business. 

When you consider future expenses, earnings, and how you’ll run your business, you get a better idea of your goals and what you need to do to achieve them.

What to include in your business plan

Your business plan describes your:

• Target audience.
• Marketing strategies .
• Regular operations.
• Financial projections.

4. Get financing (if needed) for equipment

The plumbing industry requires many specialized tools that shoot up your startup costs.

If you don’t have the capital to invest in plumbing equipment upfront, consider business loans or leasing options. Make a detailed list of necessary equipment and factor in any loans or financing in your business structure.

Apart from essential plumbing tools and materials, plumbing software also helps you run your business more efficiently and effectively — especially if you manage a team of plumbers.

After putting it to the test, using plumbing software to calculate the fastest route planning solution between jobs and managing your customer information saves enough time to add another job to your workday! Being able to work faster and with fewer bottlenecks means more money in your pocket.

5. Register your business and get insurance

When registering your business, you’ll need to choose a company structure. This can include:

• Sole proprietorship.
• Partnership.
• Corporation.

Research the differences and choose the one that best fits your business plan, then register your business with your local services office. 

Next, contact an insurance company for liability insurance and workers’ compensation insurance. Business insurance protects your business and any employees against problems that happen on a plumbing job, such as property damage and injury.

6. Price your plumbing services

A large part of knowing how to start a plumbing business is knowing how much to charge for your work.

How you price plumbing services depends on your:

• Local area: See what competitors charge for the same services and price yours accordingly. You can tweak this figure higher or lower depending on the demand for plumbers in your region.
• Expenses: Calculate overhead costs, such as vehicle maintenance and gas. Do you need to rent specialized equipment? Add up your expenses and include them in how much you charge.
• Profit margin: This is how much you get to pocket after the job is done. On average, this can be anywhere from 20–35% of your total charge.
• Value to customers: If you have a master plumber license, are experienced in a niche field, or provide high-quality plumbing services, make sure to charge more for your additional value.
• Taxes: Research how much money you’ll need to put aside to pay your taxes. A good rule of thumb is 35% of your income.

Remember that you may be able to expense costs related to running your business. Keep track of things like vehicle mileage, gas, and equipment maintenance costs to claim money back at the end of the tax season.

7. Get leads

If you’re starting a plumbing company from scratch, you’ll need to build a customer base .

Popular sales strategies to accomplish this include:

• Networking with local contractors and realtors.
• Attending industry conferences.
• Cold calling and door-to-door advertising.
• Creating a website with a search engine optimization (SEO) strategy.
• Advertising online, in local ads, or even using company vehicle branding.
• Posting to social media accounts.
• Offering promotions or gift cards to new customers.

Having an online presence is an effective strategy for success, as it lets potential customers find out more about your business before they contact you for a service. As a result, you get a higher volume and quality of leads.

8. Manage and grow your customer list

Generating positive reviews is a good way to build new customer relationships and give leads confidence to choose you over a competitor. Leaving business cards when finishing plumbing projects leads to a more positive customer experience.

Make an account on review sites and a Google Business Profile so people can leave customer reviews after you complete a service for them. At the same time, new customers will know how to contact you for plumbing work.

Remember that even negative reviews can still be helpful to gain information about valuable customer expectations.

Meet Method, your next employee of the month.

Benefits of starting a plumbing business.

Knowing how to start a plumbing business comes with a wide range of benefits. With your new independence, you can 

• Personalize your services to the customer demographic you prefer.
• Have control over business decisions.
• Gain a higher earning potential.

Plus, there’s also the sense of professional growth and personal satisfaction you have over running your own business.

Flexibility and financial freedom

Perhaps the largest benefits of knowing how to start a plumbing business are the flexibility and financial freedom you gain.

As a plumbing business owner, your income has no external cap. What you earn directly relates to how much work you can take on and the pricing strategy you use.

Plus, you never need to request days off. If you need to take a day for your kids, plan a trip, or are feeling sick, you set your own schedule.

Earn more at your pace

As you continue to grow your reputation and customer base, you can adjust your rates to take on more complex, higher-paying jobs. As the owner, you take on exactly as many jobs as you want.

As your business grows, you can choose to hire technicians to take over some of your workload. This gives you more free time to focus on other tasks while you can still oversee operations.

How much money do you need to start a plumbing business?

You’ll need to know how much money to start a plumbing business is required before you start handing out flyers. Your cost breakdown depends on a number of things:

• If you need to purchase equipment.
• Whether you require loans or financing.
• The size of your operation, including number of employees.
• The cost of a plumbing license and other legal requirements.

That said, our research indicates that the average cost of starting a plumbing company is $19,000 . This number can be higher or lower depending on the factors listed above.

Wrap-up: How to start a plumbing business

Knowing how to start a plumbing business requires: 

• A strong operational plan.
• Networking skills.
• A lot of elbow grease. 

Not everyone can make the cut. In fact, our findings show that 50% of plumbing businesses fail in the first five years.

But the payoff to being your own boss is the flexibility to grow your business the way you want, with total control over its operations.

By following the strategies outlined above, you can achieve financial independence and the satisfaction of owning and growing your own plumbing business.

Start building your plumbing business today with your free plumbing estimate template !

Image credit: rh2010 via Adobe Stock

About The Author

Ryan Flanigan

Related posts.

3 ways you win with QuickBooks mobile access

Conference Travel Tips to Get You There Energized

Streamline your business with method.

Start your free trial — no credit card, no contract.

Discover your ROI with ServiceTitan : Calculate Now

Explore our products

Servicetitan, fieldroutes, get more with pro, marketing pro, pricebook pro, scheduling pro, dispatch pro.

Power your business with a platform designed to give you workflows that encourage productivity.

Residential

Empower your team, gain more insights, and impress homeowners at every part of the job cycle.

Scale Effortlessly

Power growth with data-driven software and support built with purpose for contractors

Optimize Workflows

Operate more efficiently through automation and technology powered by data

Modernize Experiences

Create and retain die-hard brand advocates through elevated user experiences

By Features

Front office features, field ops features, client experience features, management & insights features, maximize business performance.

Accelerate revenue and boost profitability with an all-in-one configurable platform

Grow profitably and scale

Fuel growth by identifying opportunities, improving processes, and replicating success

Deliver customer experience

Coordination, communication, and financing optimized from the same powerful platform

Customer Experience Features

Hvac software, plumbing software, electrician software, garage door, chimney sweep, commercial cleaning, water treatment, pest control.

Why ServiceTitan

Comparisons

Titanadvisor, marketplace, titan intelligence, the toolbox.

A place for contractors to access the best content — articles, webinars, podcasts, industry-leading voices and expert advice, all in one place!

Business Tips

Business Plan

Templates Guides

What to Include in a Plumbing Business Plan [& Free Template]

Plumbers who want to start their own plumbing company need a plumbing business plan. It’s a crucial tool that helps plumbers make informed decisions, set clear goals, secure funding if needed, and navigate the complexities of running a successful plumbing business. It’s essentially a roadmap for startups or existing plumbing companies to achieve long-term success and growth.

To help you design or improve your own plumbing business plan, get started with our free plumbing business plan template. We show you what to include in your business plan and how to write one using a company business plan template specifically designed for the plumbing industry.

Table of Contents

What is a business plan for a plumbing business, why should a plumbing business have a business plan, how to write a plumbing business plan [with template].

The #1 newsletter for the trades.

A business plan for a plumbing business is a comprehensive document that outlines all aspects of the company’s operations, goals, strategies, and financial projections. It serves as a roadmap for the business owner and potential stakeholders by detailing step by step how the business will be structured, managed, and grown. Both startups and established plumbers use business plans to grow their plumbing companies , apply for funding, or seek financial investors.

A plumbing business plan is also a fluid document that needs adjusting on a regular basis along with your business goals and strategies. It can show you how many leads to generate, how many calls to answer, and what your techs’ average ticket needs to be to generate a certain level of revenue each month.

Developing a business plan is especially helpful for new plumbing companies, especially if they’re seeking funding from investors to get their small business off the ground. A plumbing company business plan also serves great purpose for an established plumbing business, as the company reflects on goals and updates its business plan throughout the year.

Plumbers, like any other business owners, benefit from a well-thought-out business management plan for two important reasons.

Reason #1: Fundraising purposes

If plumbers seek financing to start their own business or investors to expand into new businesses, a solid business plan is essential. Lenders and investors want to see a detailed financial report, monthly financial statements, balance sheets, a daily operational plan, and sales forecast — just to name a few of the most important documents to include in a business plan.

In short, lenders and investors want to see a detailed plan that demonstrates the business's potential for success and how it intends to use the funds. The main sources of funding for a plumbing business include personal funds, credit cards, bank loans, and investors. Personal savings and bank loans are the most common funding paths for plumbing companies.

Reason #2: Identify business goals and minimize risks

A business plan serves as your company’s blueprint, as it outlines the roadmap for where you want your plumbing business to go and how you plan to get there. By defining your company’s mission, vision, and long-term goals, and identifying ways to measure success, you and your management team can make informed decisions on the best path forward.

Risk management is also a critical component to your business plan. Include details about your competitors, the market, your target audience, and any future obstacles on the horizon, then develop a contingency plan to handle any potential risks or challenges.

A plumbing business plan should be tailored to the specific goals of your plumbing business and provide a realistic and achievable roadmap for its success. To help plumbing contractors know exactly what information to include in a business plan, ServiceTitan created a plumbing company business plan template for you to download and fill in.

>>Download our free plumbing company business plan template.

Here are the key components typically included in a plumbing business plan:

1. Industry analysis  

Begin by assessing the current market trends for the plumbing industry in your area. Who are your customers? What demographics define your target audience? Who are your biggest competitors? What is the market size or market share in your area, and how can you set your plumbing company apart from the rest? Then use your answers to help inform your overall plumbing business strategy.

2. Executive summary

Write your executive summary last, but include it near the top of your business plan as a constant reminder of your overall vision and goals for your plumbing company. Keep it concise with an overview of the entire business plan, including a mission statement, the business goals, target market, competitive advantage, and financial projections for future growth.

3. Company overview

Your business overview provides details about your specific plumbing business. Tell your company’s story, including how it got started and where it plans to go. Explain how your vision, core values, and business philosophy sets you apart from others in the plumbing industry. 

Outline your goals and objectives for the business, and identify specific key performance indicators (KPIs) you plan to monitor as your company grows. Elaborate on your target audience and how you plan to market your services to generate new leads. Identify the strengths and core competencies that make your plumbing company stand out, and demonstrate how your training processes help plumbing techs excel.

4. Products and services

Clearly describe your plumbing company’s pricing structure and what’s included for each plumbing service you offer, including repairs, installations, maintenance, emergency services, and specialized work.

Define the scope of your residential and/or commercial plumbing services and repairs, including clog-clearing, leak inspections, toilet plumbing, faucets, sewer lines, water heaters, sump pumps, new installations, and more. Then, develop creative guarantees for service, repair, and replacement that inspire customers to take notice and highlight any specialized work your plumbers do, such as gasfitting appliances or large drain clearing.

Do you price plumbing jobs by the hour, or offer flat-rate pricing? Include the service rate, add in the travel fee if you charge one, then total the billable amount for every job or service you offer.

ServiceTitan’s integrated pricebook helps plumbing businesses set accurate and profitable pricing every time. Also, Price Insights, available to users of Pricebook Pro , works to calculate the average price for each plumbing service, then shows you how your prices compare to others in your region. You can easily see if your prices are too low or too high, then adjust to keep your profit margins in line.

5. Market analysis

Take a thorough assessment of market trends in your area and analyze key competitors. Where do they shine, and where do they fizzle? How much market share do they control? How do they price their plumbing services? What gaps need to be filled in terms of the type of plumbing services offered or in areas where customers struggle to find a reliable plumber?

Collect and analyze the market data, then strategize ways to outrank your competition on every key metric, from providing online booking capabilities and delivering excellent customer service to quicker response times and fewer callbacks.

6. Customer analysis

Fully research your target audience to gain a complete picture of who your customers are and who you want them to be. Define their demographics, such as age, gender, income level, location, and buying behaviors. If you plan to service residential customers, learn as much as you can about the age of their homes, total assessed value, date last sold, and even the type of plumbing system in use.

Leverage customer experience software to gain even more insight into your customers’ plumbing history, needs, and possible pain points, then train your CSRs and plumbing techs to use our automated customer relationship management (CRM) features to improve their overall performance.

Notable ServiceTitan CRM features include:

Scheduling : Automated scheduling options allow plumbing customers to book jobs at their own convenience, whether by booking directly online or through calls, text, or web chats. 

Detailed customer history : A robust CRM allows CSRs to personalize the customer experience from the start, then collect the necessary information to adequately inform service techs so they arrive fully prepared to do the job.

Text messaging communication : Text appointment reminders and technician bios to communicate with customers the way they prefer. With two-way SMS communication, customers can easily confirm or reschedule appointments, ask questions, or even pay their bill.

Live tracking : No more waiting around for the plumber to arrive! With live tracking features, customers can see the tech’s exact location on a map and know when they’ll arrive.

On-site estimates : With ServiceTitan Mobile , techs can build and display branded, digital estimates with good, better, and best options in just a few taps.  

Financing options: Ease customers’ minds about cost by providing easy financing options on high-dollar plumbing jobs. ServiceTitan offers several options, and customers can apply right from the tech’s mobile device, choose the plan that fits best, and receive instant approval.

7. Marketing and sales plan

Create a detailed plumbing marketing plan for how the business will attract potential customers and retain current ones through branding, pricing strategy, advertising methods, online presence, reputation management, and customer experience.

ServiceTitan’s home services marketing software analyzes your own customer data to come up with solutions to attract, convert, and retain customers. With ServiceTitan’s Marketing Scorecard, you can rank your campaigns by revenue so you know what’s working and what isn’t, and even drill down to see what kind of jobs your ads are producing.

8. Organization and management

Develop a chart that outlines the company’s organizational structure, roles and responsibilities of key team members, resumes of key team members, and the owner's qualifications, licenses, and permits. Include job descriptions and job interview questions so everyone knows your expectations for how the company will be organized and managed.

9. Operational plan

Include information about the day-to-day operations of your plumbing business. Detail your workflow processes, equipment and inventory used, go-to suppliers, and any plumbing partnerships that help you deliver premium service.

The more details you provide here will help to inform the company roadmap for your team, ultimately resulting in improved efficiency, higher productivity, and increased profits.

10. Financial plan

Your plumbing business’s financial plan typically includes startup costs, a 12-month profit-and-loss projection, a cash-flow projection, a projected balance sheet, and a break-even calculation. 

With customized reporting capabilities, ServiceTitan field reporting software helps you stay on top of every aspect of your financial plan, giving you data-driven visibility into the areas where you’re finding success and where you’re not.

Over to You

ServiceTitan’s cloud-based, all-in-one plumbing software gives plumbing business owners the technology they need to do the work efficiently, the data and reporting they need to do it smartly, and a wide array of resources to guide them as they grow toward achieving long-term success.

>> Want to start your own plumbing business or revitalize and grow an established business? Download this plumbing business plan template to get started.

Download Our Template!

By submitting this form, I confirm that I have read and agree to the Privacy Statement.

ServiceTitan Software

Plumbing Business Plan: Complete Guide & Template 

• Author | Becky Forbes
• February 15, 2023

Starting a plumbing business is an exciting opportunity, but it can quickly become overwhelming without a proper plan and strategy. That’s why having a comprehensive plumbing business plan is imperative for the success of your business. 

In this post, we will discuss the importance of creating a business plan for business owners. We will also provide guidance on what to include in a plan for a plumbing company. Additionally, we will offer a free plumbing business plan template.

Why a Plumbing Business Plan is Essential

A business plan is an essential and comprehensive guide for starting a successful plumbing business. This plan will act as a roadmap, guiding you through the ups and downs of running a successful plumbing business.

It outlines goals, strategies, operations, and financial plans to keep the business organized and on track. Writing a business plan helps you stay focused on your objectives and anticipate challenges so you can prepare for them proactively. It will also make it easier to secure funding, as investors and lenders will want to see a well-thought-out plan. 

Structure of a Plumbing Business Plan 

Executive summary.

This summary is an overview of the plumbing company’s goals, objectives, and mission statement. It should highlight the business’s unique selling points, including its experience and expertise in plumbing services and its commitment to customer satisfaction. The executive summary should also  provide an overview of the plumbing industry, including trends and market conditions, to help position the business as a leader in its field. 

Company Summary

The company summary should be clear, concise, and well-written to convey the business’s vision and growth plans. 

Industry Analysis 

This analysis provides an in-depth examination of the plumbing industry. The analysis includes market trends, a competitive analysis, and current regulations and standards. It helps to identify opportunities and challenges for the business and informs strategic competitive advantage planning.

Market Analysis 

This involves a thorough analysis of the target market for the plumbing business, diving into demographic information and consumer behavior to gain insights into the buying habits and preferences of the target audience. It also provides a comprehensive overview of the plumbing industry, including market trends, competitive landscape, and market size, which can be used to inform business strategies and decisions. 

This analysis can help your plumbing business effectively reach and engage with its target market, leading to increased customer acquisition and revenue growth.

Marketing and Sales Strategy 

This outlines a comprehensive plan for attracting and retaining customers in the plumbing business. It includes various marketing and sales tactics, such as advertising, promotions, leveraging word of mouth, and providing excellent customer service. The marketing plan component of this strategy outlines a more focused and intentional approach to promoting the plumbing business, taking into account key factors such as the target market. 

With a well-executed marketing and sales strategy, your plumbing business can effectively reach its target audience, differentiate itself from the competition, drive customer loyalty, and establish long-term customers. 

Service Offerings 

This section outlines the comprehensive range of services offered by your business, including both residential plumbing and commercial plumbing solutions. It provides a clear and detailed description of each service, including the scope of work and plumbing service pricing . By offering a wide range of high-quality plumbing services, your business can cater to the diverse needs of its customers and stand out in a competitive market. 

The clear and transparent presentation of service offerings can also foster trust and build credibility with potential customers, leading to increased customer acquisition and revenue growth.

If you’re looking for more ways to improve your plumbing customer service and increase revenue, partner with Payzer. Payzer is a plumbing management software that helps you simplify operations, sell more, and improve collections.

Schedule a Demo Today

Operations Plan 

This operations plan is a critical component of the overall business strategy, as it ensures that your plumbing business operates smoothly and efficiently and can provide top-notch service to your customers. 

This comprehensive plan outlines how the plumbing business will be run and managed daily. It covers critical operational areas such as employee management, staffing, equipment usage, appointment scheduling, and customer service processes. Additionally, it highlights the importance of offering credit card payment options, which can provide added convenience and flexibility for customers and help your business increase sales and revenue.  

By having a well-defined and executed operations plan, you can achieve your short-term and long-term goals, grow your customer base, and build a strong reputation in the plumbing industry.

Financial Plan 

This component of the business plan provides a comprehensive overview of the financial projections for your plumbing business. It includes detailed revenue projections, cash flow analysis, and growth projections. The financial plan also contains a balance sheet to demonstrate financial stability and potential for business success. 

This financial plan is a crucial component of the overall business strategy.It provides a realistic and data-driven view of your business’s financial future and helps to inform decision-making and secure funding. By having a well-structured and realistic financial plan, your plumbing business can attract investors and lenders, establish a strong financial foundation, and secure long-term success.

The conclusion is a crucial component of your business plan, as it ties together all of the key elements and provides a final demonstration of your plumbing business’s potential for success. 

The conclusion provides a concise and compelling summary of the key points. It reiterates the business’s mission, vision, and commitment to success and highlights the strengths and unique selling points of the business. 

The conclusion serves as a final opportunity to make a strong impression on potential investors, lenders, and stakeholders. It should leave the reader with a clear and optimistic view of the business’s future and convey a sense of confidence and determination to succeed. 

We hope that you have a good understanding of the key elements that should be included in a plumbing business plan. These elements provide a roadmap for starting and running a successful plumbing business, as well as strategies for marketing, customer service, finances, and business operations. With the right plan and determination, you can build a successful plumbing business. 

Share this article

Related articles.

• Business Practices , Plumbing
• Apr 02, 2024

Top 2024 Plumbing Trade Shows to Grow Your Business

• Apr 01, 2024

2024 Plumbing Technology for Improved Efficiency

• Feb 29, 2024

Plumbing Pricing Guide: How To Set Profitable Service Prices

• Apr 2, 2024

• Apr 1, 2024

Welcome to Payzer!

We look forward to helping your business grow., welcome back.

Business Plan Template for Plumbers

• Great for beginners
• Ready-to-use, fully customizable Subcategory
• Get started in seconds

Thinking of starting your own plumbing business or looking to take your existing plumbing company to new heights? Then you need a comprehensive business plan that sets you up for success! ClickUp's Business Plan Template for Plumbers is the perfect tool to help you outline your goals, strategies, and financial projections, all in one place.

With this template, you can:

• Create a clear roadmap for your plumbing business, ensuring you stay focused and organized
• Attract potential investors and secure funding by showcasing your business's potential
• Set achievable targets and track your progress along the way
• Effectively manage your plumbing operations, from marketing and client acquisition to financial management and resource allocation

Don't leave the success of your plumbing business to chance. Start planning your way to success with ClickUp's Business Plan Template for Plumbers today!

Business Plan Template for Plumbers Benefits

A business plan template for plumbers can be a game-changer for independent plumbers or plumbing companies. Here are some key benefits:

• Secure Funding: A well-crafted business plan helps plumbers secure funding from investors or lenders by showcasing the potential profitability and growth of their plumbing business.
• Attract Clients: A clear and comprehensive business plan highlights the unique value proposition of the plumbing services, attracting potential clients and setting the plumber apart from competitors.
• Effective Operations: A business plan acts as a roadmap, guiding plumbers in managing their daily operations efficiently and effectively.
• Financial Projections: By including financial projections, plumbers can better understand their cash flow, budgeting, and pricing strategies, leading to more informed financial decisions.

Main Elements of Plumbers Business Plan Template

When it comes to creating a comprehensive business plan for your plumbing company, ClickUp's Business Plan Template for Plumbers has got you covered. Here are the key elements you'll find in this List template:

• Custom Statuses: Track the progress of various sections of your business plan with statuses like Complete, In Progress, Needs Revision, and To Do.
• Custom Fields: Add important details to your plan using custom fields such as Reference, Approved, and Section, making it easy to keep track of crucial information.
• Custom Views: Access different perspectives of your business plan with 5 unique views, including Topics, Status, Timeline, Business Plan, and Getting Started Guide, allowing you to analyze and manage your plan with ease.
• Collaboration Tools: Collaborate seamlessly with your team by leveraging features like comments, assignments, and notifications, ensuring everyone is on the same page throughout the planning process.

With ClickUp's Business Plan Template for Plumbers, you can create a comprehensive and organized plan to help your plumbing business thrive.

How To Use Business Plan Template for Plumbers

If you're a plumber looking to create a comprehensive business plan, follow these 5 steps using the Business Plan Template in ClickUp:

1. Define your vision and mission

Start by clearly defining your vision and mission for your plumbing business. This will serve as the foundation for your entire business plan. Consider what sets your business apart from competitors and how you plan to make a positive impact on your customers.

Use a Doc in ClickUp to articulate your vision and mission statement.

2. Identify your target market

Next, identify your target market. Determine who your ideal customers are, their specific needs, and how you can meet those needs. Research the local area to understand the demand for plumbing services and any potential competition.

Create tasks in ClickUp to research and analyze your target market, including demographics and customer preferences.

3. Outline your services and pricing

Outline the plumbing services you offer and determine how you will price them. Consider factors such as the complexity of the job, materials required, and the local market rates. Be sure to also include any additional services you offer, such as emergency plumbing or maintenance contracts.

Use custom fields in ClickUp to document and track your services and pricing.

4. Develop a marketing strategy

A strong marketing strategy is essential for attracting customers and growing your plumbing business. Identify the most effective marketing channels for reaching your target market, such as online advertising, local directories, or partnerships with home improvement stores.

Create tasks in ClickUp to develop and execute your marketing strategy, including tasks for creating a website, setting up social media profiles, and running targeted ad campaigns.

5. Set financial goals and projections

Finally, set financial goals for your plumbing business and create projections for revenue, expenses, and profit. Consider factors such as operating costs, equipment purchases, and ongoing marketing expenses. This will help you understand the financial health of your business and make informed decisions for growth.

Use the Goals feature in ClickUp to set and track your financial goals, and the Gantt chart view to visualize your financial projections over time.

By following these steps and utilizing the Business Plan Template in ClickUp, you'll be well on your way to creating a solid foundation for your plumbing business and setting yourself up for success.

Get Started with ClickUp’s Business Plan Template for Plumbers

Plumbers and plumbing companies can use this Business Plan Template to outline their goals, strategies, and financial projections, helping them secure funding, attract clients, and effectively manage their plumbing business operations.

First, hit “Add Template” to sign up for ClickUp and add the template to your Workspace. Make sure you designate which Space or location in your Workspace you’d like this template applied.

Next, invite relevant members or guests to your Workspace to start collaborating.

Now you can take advantage of the full potential of this template to create a comprehensive business plan:

• Use the Topics View to organize your business plan into different sections such as Executive Summary, Market Analysis, Marketing Strategy, Financial Projections, etc.
• The Status View will help you keep track of the progress of each section of your business plan, with statuses like Complete, In Progress, Needs Revision, To Do.
• The Timeline View will give you a visual representation of your business plan's timeline, allowing you to set deadlines and milestones.
• The Business Plan View will provide you with a comprehensive overview of your entire business plan, allowing you to easily navigate between sections.
• The Getting Started Guide View will provide you with step-by-step instructions on how to use the template effectively.
• Use the custom fields Reference, Approved, and Section to add additional information and categorize different parts of your business plan.
• Collaborate with team members to gather information, brainstorm ideas, and review and revise your business plan.
• Monitor and analyze your business plan to ensure that it aligns with your goals and objectives.
• Business Plan Template for Bath And Body Works
• Business Plan Template for Managers
• Business Plan Template for Ecommerce
• Business Plan Template for Watchmakers
• Business Plan Template for Exxon Mobil

Template details

Free forever with 100mb storage.

Free training & 24-hours support

Serious about security & privacy

Highest levels of uptime the last 12 months

• Product Roadmap
• Affiliate & Referrals
• On-Demand Demo
• Integrations
• Consultants
• Gantt Chart
• Native Time Tracking
• Automations
• Kanban Board
• vs Airtable
• vs Basecamp
• vs MS Project
• vs Smartsheet
• Software Team Hub
• PM Software Guide

Upmetrics AI Assistant: Simplifying Business Planning through AI-Powered Insights. Learn How

Entrepreneurs & Small Business

Accelerators & Incubators

Business Consultants & Advisors

Educators & Business Schools

Students & Scholars

AI Business Plan Generator

Financial Forecasting

AI Assistance

Ai Pitch Deck Generator

Strategic Planning

See How Upmetrics Works  →

• Sample Plans
• WHY UPMETRICS?

Customer Success Stories

Business Plan Course

Small Business Tools

Strategic Planning Templates

E-books, Guides & More

How to Start a Plumbing Business in 9 Steps

Free Plumbing Business Plan Template

11 Min Read

A plumbing business company is a blend of the pleasure of working with the satisfaction of providing essential services. If you are keen on solving practical problems and have a background in mechanical design, then the plumbing industry aligns with your goals.

Starting a successful plumbing business is not easy. This requires not only technical expertise but also involvement in financial forecasting, business planning, complying with regulatory frameworks and tools, and developing lasting client relationships, however, it doesn’t have to be a trip from the pipeline dreaming up to pipe success is awesome.

We are here to guide you through all the possible challenges of installing your plumbing business, ensuring you have all the tools and knowledge at hand.

Let’s turn the valve so that opportunities flow!

Benefits of Starting a Plumbing Business

Starting a plumbing company project offers a unique and promising opportunity for aspiring entrepreneurs to start their new plumbing business. The plumbing industry is experiencing massive growth through urban development and technological advancement.

Let us explore what makes plumbing services a proper fit in the current market environment.

• Rapid Industry Expansion
• Flexibility
• Demand for Smart Plumbing
• Work Availability

It’s fascinating to see how the plumbing industry combines practical services with innovative trends like smart bathrooms!

How to Start a Plumbing Business: 9 Steps to Get Started

• Create a plumbing business plan
• Training and certifications
• Business registration and legal paperwork
• Financing your plumbing business
• Determine your service offerings
• Get business insurance
• Purchase necessary equipment and tools
• Build a team
• Promote your business

Starting a plumbing business doesn’t need to have a brand-new idea. It is just a need to see people’s faces in your locality and offer them a solution.

To make a good plumbing business, first, look around you. Listen to what people complain about when it comes to their pipes and water. Think about any plumbing troubles you had. Is there something missing in the plumbing services out there?

Here’s how you can figure out what plumbing service to offer:

• See what’s missing in the plumbing services available and think of how you can do it better.
• Talk to people who might need plumbing to learn what bothers them the most.
• Use what you know about plumbing to come up with a good solution.

Try to address the plumbing issue at once. Choose one specific area, like fixing leaks or installing eco-friendly toilets, and become the best at it.

1. Create a plumbing business plan

A Well-prepared plumbing business plan is not a formality but a roadmap that guides your journey and helps you secure funding.

It can be of several sections, including:

• Executive Summary
• Market Analysis
• Plumbing services
• Marketing Strategies
• Financial Projections

Having a plumbing business plan not only allows you to understand the business structure but also acts as a living document of your plumbing business. Update it regularly as your business grows and evolves.

Not very good at writing? Need help with your plan?

Write your business plan 10X faster with Upmetrics AI

Plans starting from $7/month

2. Training and certifications

Having the proper certifications shows your expertise and builds trust with potential customers. So, be the master plumber by leveling up your plumbing skills.

Here are simple steps on how to do this.

• Start with the basics: Enroll in a plumbing job at a local trade school or community college.
• Learning: These programs combine classroom instruction with on-the-job training under the supervision of experienced plumbers.
• Obtain a License: Obtaining a business license usually involves testing your knowledge of plumbing laws and passing a proficiency test.
• Keep learning: Attend meetings and make further progress in other subjects.

Focusing on your education and getting the right licenses and certifications shows that you are serious about becoming a great plumber. This commitment not only demonstrates your skills but also increases client trust and scope.

It is well-proven that the more you learn and develop skills, the more successful you will be in your career.

3. Business registration and legal paperwork

The first step to starting a successful plumbing business is registering your business so that your business has a strong legal footing in the market.

Decide if you want to operate as a sole proprietorship, a limited liability company (LLC), or another legal entity. Each option comes with business taxes and personal liability. Don’t forget to include obtaining a plumbing contractor license in your plan.

Once you have chosen your business structure, you must register your plumbing business with the appropriate state and local government agencies.

Remember that legal documentation such as obtaining a plumbing license and insurance requirements can vary depending on where you are operating your services.

4. Financing your plumbing business

Now let’s focus on the financial side of becoming a plumbing business owner. You will need capital to purchase plumbing tools, hire labor, and pay the initial operating costs. This question may come to mind:

How much money do I need and where do I get it?

If you already have this thought, it is time to plan your finances. Detail your expected sales, revenue, start-up costs, cash flow, and running costs to understand your business expenses.

Many plumbing businesses start by self-financing, or “bootstrapping” for their new plumbing company This can be favorable because it allows you to have full control of your business but if your savings are not enough, here are some options for business loans to consider funding from:

• Small Business Loans
• Angel Investors
• Venture Capital Firms
• Government loan schemes

Another option would be to borrow money from friends and family. Yet, it’s essential to approach such arrangements with clear terms to avoid personal conflicts.

Careful planning and consideration will form a solid foundation for your plumbing business and help to attract the right investors to fund your plumbing business.

5. Determine your service offerings

Not all plumbing business owners offer outstanding customer service. Deciding on your expertise helps you attract new customers and build a reputation for your plumbing business. Here are some things to consider:

• Residential Plumbing Services: This includes a wide range of services from repairing leak fittings, and toilets in homes to installing new fixtures and water heaters.
• Commercial Plumbing Services: Focus on major professional projects such as maintaining complex plumbing systems, repairing underground pipes, and installing backflow prevention devices
• Specialty Plumber: Go into the niche by providing unique services such as trenchless sewer repairs, green plumbing solutions using environmentally friendly technology, or medical gas installations.

If you want to go with special services, there is a board category that needs to be addressed again. Some common types are:

• Gas Service: Deals with gas leaks and related problems.
• Pipefitting: Specialize in system and pipe installation

Remember, you can always expand your service offerings later, but starting with a defined plumbing service helps you stand out in the market.

6. Get business insurance

Plumbing mishaps happen, and being prepared is key.  Take the necessary insurance policies to protect your business:

• General Liability Insurance: Covers bodily injury and property damage claims resulting from accidents or negligence in the course of your business.
• Workers’ Compensation Insurance: Protects your employees if they are injured on the job, covering medical expenses and lost wages.
• Commercial Vehicle Insurance: Covers your business vehicle in the event of an accident, including injuries to other vehicles, property, and others.
• Commercial Auto Insurance: It covers the driver’s liability if they cause an accident

Depending on your specific industry, consider other coverage options such as equipment or pollution liability insurance.

7. Purchase necessary equipment and tools

Having the right plumbing equipment is important. Invest in high-quality plumbing equipment and consider logistics like a reliable work vehicle to transport your supplies.

Here are some common tools and safety equipment one should consider purchasing for their business operations:

• Plungers and Drain Snakes
• Pipe Cutters
• Soldering Equipment
• Teflon Tape and Sealants:
• Safety Gear

Proper plumbing makes any plumbing job easier and faster. With the right tools, you can perform a variety of tasks such as tightening or loosening pipes, cleaning blockages, cutting or joining pipes, covering leaks, etc.

Damages can occur with bad quality tools which further affect the performance of plumbers. Therefore, high-quality plumbing equipment is a smart investment for any plumbing job.

8. Build a team

As your plumbing business begins to grow, it’s a good idea to expand your workforce. It is very important to hire experienced and licensed plumbers who are dedicated to providing the same high level of service as you.

By building a strong team, you’re not just adding human resources, you are building a team of professionals who can help grow your business to new heights.

A strong team is the backbone of any successful business, boosting you to consistently deliver exceptional service, thus strengthening your reputation in the marketplace.

9. Promote your business

Now that you’re all set to launch a new plumbing company, it’s important to know how to potential customers. Even the most effective plumbing service needs to be focused on the target market when starting with their plumbing service.

At this point, you need to develop your go-to-market plan to promote your plumbing business. If you are planning for immediate services for homes or looking to secure contracts for larger projects, a strong marketing strategy is essential to getting your new plumbing to greater heights.

Consider these questions to answer for an effective promotional strategy.

• What will be your sales strategy and what channels will you use to engage with potential customers?
• How much budget do you want to set aside for marketing?
• What marketing tools will you need to reach the audience?
• Do you handle marketing in-house, or are you planning to hire an outside agency?
• Which marketing channels are most likely to reach your target customers best?

Considering all these marketing channels is understandably overwhelming and confusing. But don’t worry, we’re here to help you understand them easily and create a successful development strategy

Some marketing strategies you can use for your plumbing business include:

• Use Google Ads or Local Services Ads to advertise your services to attract customers looking for immediate plumbing solutions.
• Creating a business page to showcase your business on social media, share tips and advice, and communicate with your followers and potential customers.
• Reaching out to homeowners associations, local builders, or real estate agents to collaborate and secure contracts for larger projects.

Initially, it is important to experiment with a mix of marketing strategies to determine what works best for your plumbing business. Don’t worry too much about the initial cost of marketing, view it as an investment to expand your reach and establish your brand in the competitive plumbing marketing market.

Tips for Starting a Plumbing Business

Plumbing services can be a promising industry in today’s market, but it requires ways to differentiate your business and make a profit. You can think of some tips to grow your new plumbing business.

Service Specialization

Consider specializing in a specific field of plumbing:

• Residential Plumbing: Focus on home plumbing needs, from installation to maintenance.
• Commercial Plumbing: Addresses businesses and commercial properties that require large-scale plumbing solutions.
• Emergency Plumbing: Provide emergency services 24/7 for immediate plumbing issues, allowing you to isolate and attract needy customers immediately.

Quality and Equipment

Invest in high-quality tools and equipment to ensure the efficiency and reliability of your services. With the best tools, quality workflow can do wonders for customer expectations which ultimately results in repeat business.

Branding and Marketing

Create a powerful and unforgettable brand for your plumbing business. Make sure your brand accurately reflects your skills, beliefs, and high standards.

Integrate search engine marketing with traditional channels to better reach your target audience.

Plumbing Services

Provide excellent customer service to build trust and encourage referrals. Being responsive, timely, and transparent about price and service can have a huge impact on your business reputation.

With the basics in mind, you can build a solid foundation for your plumbing business, differentiate your business in the marketplace, and create a strategy for success.

The demand for plumbing services is constant, but the growth of such projects goes beyond just providing basic services. Success requires a comprehensive business plan, dedication, and the ability to adapt to new technologies and changing market trends.

Maintaining your core principles, paying close attention to business developments, and using Business Planner Software to effectively plan your business.

With the right approach and strategy, your plumbing business can not only meet current needs but also set new standards of efficiency and innovation for other plumbing companies.

The Quickest Way to turn a Business Idea into a Business Plan

Fill-in-the-blanks, AI-assistance, and automatic financials make it easy.

Frequently Asked Questions

What qualifications do i need.

Starting a plumbing business doesn’t necessarily require a degree. With practical experience and by hiring a team of skilled plumbers, you can successfully launch and run your plumbing service 

How much capital do I need to start a Plumbing Business?

Starting a plumbing project can range from $10,000 to $50,000 . The main cost is usually the purchase of needed plumbing and equipment, which can vary greatly depending on quality and specification

How do I find customers?

• Network: Attend industry events, join trade associations, and network with other professionals. Word of mouth is powerful in the plumbing industry.
• Online presence: Create a business website, list your business in local newsletters, and engage on social media.
• Local Advertising: Use flyers, business flyers, and local flyers to promote your business.
• Offer referral discounts: Encourage satisfied customers to refer others to your business.

Can I run it from home?

Yes, you can do plumbing from home, especially if you provide services such as Pipefitting, Residential Plumbing, and Administrative Services.

However, for on-site work, you will need a workspace and storage space for tools and equipment.

About the Author

Shyam Dua is a seasoned tax professional with 40+ years of experience & a mentor at SCORE. He stands out due to his exceptional business planning skills. With a keen eye for detail and a strong financial acumen, Shyam crafts compelling business plans that pave the way to success. A CPA with a philanthropic heart, Shyam's strategic expertise, and dedication make him an invaluable asset in shaping thriving business ventures. Read more

Reach Your Goals with Accurate Planning

No Risk – Cancel at Any Time – 15 Day Money Back Guarantee

Popular Templates

SMALL BUSINESS MONTH. 50% Off for 6 Months. BUY NOW & SAVE

50% Off for 6 Months Buy Now & Save

Wow clients with professional invoices that take seconds to create

Quick and easy online, recurring, and invoice-free payment options

Automated, to accurately track time and easily log billable hours

Reports and tools to track money in and out, so you know where you stand

Easily log expenses and receipts to ensure your books are always tax-time ready

Tax time and business health reports keep you informed and tax-time ready

Automatically track your mileage and never miss a mileage deduction again

Time-saving all-in-one bookkeeping that your business can count on

Track project status and collaborate with clients and team members

Organized and professional, helping you stand out and win new clients

Set clear expectations with clients and organize your plans for each project

Client management made easy, with client info all in one place

Pay your employees and keep accurate books with Payroll software integrations

• Team Management

FreshBooks integrates with over 100 partners to help you simplify your workflows

Send invoices, track time, manage payments, and more…from anywhere.

• Freelancers
• Self-Employed Professionals
• Businesses With Employees
• Businesses With Contractors
• Marketing & Agencies
• Construction & Trades
• IT & Technology
• Business & Prof. Services
• Accounting Partner Program
• Collaborative Accounting™
• Accountant Hub
• Reports Library
• FreshBooks vs QuickBooks
• FreshBooks vs HoneyBook
• FreshBooks vs Harvest
• FreshBooks vs Wave
• FreshBooks vs Xero
• Free Invoice Generator
• Invoice Templates
• Accounting Templates
• Business Name Generator
• Estimate Templates
• Help Center
• Business Loan Calculator
• Mark Up Calculator

Call Toll Free: 1.866.303.6061

1-888-674-3175

• All Articles
• Productivity
• Project Management
• Bookkeeping

Resources for Your Growing Business

How to start a plumbing business.

Owning your own business can be liberating, especially when you’re providing a service that you’re passionate about.

Many plumbers start their careers by working as an apprentice or a contractor of another plumber. But as they grow in the trade and reach “expert status,” it is normal to want to branch off and start plumbing businesses of their own.

In this post, we’re going to cover everything you need to know about starting a plumbing business. We will discuss a few benefits of starting this kind of business and review a few directions plumbers can go in terms of specialization.

From there, we’ll provide a thorough rundown of how to start a plumbing business. You’ll walk away with 10 actionable steps for starting your own business.

Here’s What We’ll Cover:

Why Start a Plumbing Business?

Can i start a plumbing business with no experience, plumbing business specializations, independent contractor vs. plumbing company, how to start a plumbing business in 10 steps, launch your plumbing business with success, businesses related to plumbing.

At this point, there’s never been a higher demand for plumbers. There is a gold mine of opportunity for plumbers to create businesses of their own since there is more than enough work to go around.

Let’s review a few of the top benefits of starting a plumbing business.

Benefits of Starting a Plumbing Business

• Tradesmen shortage : There is a high demand for plumbing experts, but trades schools and family businesses that once kept up this supply are diminishing
• Many types of plumbing: There are so many types of plumbing, so you have a lot of variety in the direction you take your business
• Great pay: Plumbers make decent money right off the bat
• Flexibility in business structure: You could keep things simple as a freelance plumber, or you can build a more scalable business

Unless you are simply owning and operating your plumbing company and not rendering any services yourself, you will need experience.

Plumbing is a very specialized trade that requires quite a bit of training. A lot of plumbing has to be done to follow codes and regulations set forth by the city or state, so knowledge of these guidelines is a must.

In fact, you will need to be properly licensed as a plumber, but we will touch more on the specifics of this shortly.

Plumbers have a lot of different opportunities in terms of specializations and career paths. This means there are quite a few different types of plumbing businesses you could start.

Some popular types of plumbing businesses include:

• Plumbing technician : The kind of plumber that goes into homes and commercial buildings to evaluate the building’s plumbing issues
• Gas service: The specialists who deal with gas leaks and related issues
• Pipefitting: A plumber with special expertise in systems and pipe installation 
• Steamfitting: Similar to pipefitting, but deals with pipe systems that handle high pressurized gas
• Pipelayers: Installs piping in trenches to connect to main water, gas and sewage tanks, typically on large scale projects

Do I Need to Choose a Specialization?

Yes, you do need to choose a specialization for your plumbing business. 

Since the different paths you can take in the plumbing industry are so incredibly different, you’re wise to choose one to focus on. 

With this approach, you will become very good at that one particular specialization. You’ll also only need to invest in very specific tools and materials for your plumbing company since you’re offering one service instead of a wide range of services.

Before you get started, you’re going to need to decide whether you want to start an independent contractor business or build a business with multiple plumbers working under you.

The freelance route is attractive to many because it gives you the flexibility to choose the jobs you want on a schedule that makes sense for you. 

The biggest drawback of freelancing? There is room for growth but little room for scalability. This means that you can make more money by raising your rates, but you only have a finite number of hours in a day, so there will be a cap on how many people you can serve.

The route you want to take comes down to personal goals and preferences. You can definitely start as a freelancer to build credibility and a loyal clientele.

No matter which direction you take, you will need to be properly qualified to be a plumber if you are personally rendering plumbing services. To obtain your plumbing license, you’ll need to either study plumbing at a trade school or find an apprenticeship program. Trade school plumbing programs generally last about two years. Apprenticeships can last upwards of five years.

You should also choose a specialization before you start your business because that will likely entail working under an expert in that niche before you are equipped to operate on your own serving customers.

If you’ve worked as an apprentice under a skilled plumber, you’re likely somewhat familiar with how a plumbing business is operated. But do you know what it takes to get one up and running?

Let’s take a look at the general process that you’ll follow when starting your new plumbing business.

For the sake of this walkthrough, we’re going to assume that you already have the appropriate experience and licensing to work as a plumber.

1. Draw up a Business Plan

Every successful business starts with a plan. This plan could be some notes to outline your thoughts and ideas, or it could be a formal report on how you want to operate your business.

Unless you’re submitting your business plan to an organization or bank for funding, something informal will do the trick.

Write out everything you have in your head about starting your plumbing business, and see where you need to fill in the gaps.

Your business plan should detail what you have to offer, which customers you’re going to serve and how you’re going to make that happen. Take a look at what local competitors are doing, and figure out how you can do it better. 

Decide on a specific area that you will serve. Determine how many miles you’re willing to travel and if you’d consider going beyond that mileage for a higher rate.

2. Create a Business Entity

Creating a legal business entity is very important. You should sort this out from the start so there are no crossed lines with your personal and professional accounts. 

A limited liability company (LLC) should suffice for a plumbing company, but you also have the option of starting a corporation. Once you’ve established this entity, you’ll register for an employer identification number (EIN) on its behalf. This is a tax identification number that you’ll use for anything that has to do with finances. 

We urge you to contact a local attorney or a local mentor in the plumbing industry for guidance so you can rest assured that everything is properly documented.

3. Identify Your Target Market

Even though you have established what sort of plumbing business you’re going to start, you’ll need to identify your target audience so that you know exactly who to market your services to. 

Here are a few questions that will help you build this profile:

• Is your ideal client a business or a homeowner?
• Does your ideal client live in a specific neighborhood? 
• What does your ideal client do for a living?
• What is their income?
• About how old is your ideal client?
• Will they need you during regular working hours or will they call on you for after-hours emergencies?

Identifying your target market and creating your ideal client profile from the start will give you direction in your business. It will help you better craft the service that you have to offer to best meet customers’ needs.

Having a clear picture of who you’re serving will help you reach those customers with no problem at all.

4. Establish a Solid Accounting System

Starting a plumbing business requires a bit of an investment. You’ll need to factor in costs for materials, equipment, liability insurance, business cards, transportation and a headquarters for storage and possibly an office. These costs will vary based on the type of plumbing business you’re starting.

When you’re getting started, you’re also going to need to consider your budget for branding . Right off the bat, you’ll have to invest in a logo and a website, which will likely be a couple of thousand dollars. You should also plan to set aside some money for marketing and advertising. 

As you add up these figures, factor in what percent you’ll have to set aside for taxes. You’ll likely pay quarterly, but this will depend on the structure of your small business. Putting roughly 35% aside for taxes is generally the rule of thumb.

Also, as you make investments in your business, be sure to keep receipts for everything so that you can write it all off for tax breaks. Automated accounting software can help you keep your small business financials in check, send plumbing invoices and much more. 

5. Price Your Services 

Now that you have a good idea of how much it will cost to start and run your small business, it’s time to price your services.

Many business owners offer a flat rate for projects, and they generate this rate based on their desired hourly income. Make sure you factor in your operating costs when setting these rates.

In addition to your normal rates, you can have special rates for emergency calls, evenings and weekends. Charge more for work outside of your regular operating hours.

You should also have a call-out fee that clients pay simply to have you come out and evaluate the situation. This fee is typically between $50 and $100. We recommend checking what other business owners in your area are charging for a call-out fee to determine an appropriate rate.

Figure out additional travel fees for customers outside of the region that you typically cover.

6. Bring Your Brand to Life

A few steps back, you gave your plumbing business a name, and now it is time to bring that brand to life. Essentially, your brand will be your business persona. 

Before you get started with the logo and visual aspects, identify your brand’s mission and core values. As a service-based business, values like honesty and integrity are a good place to start. Come up with three to five core values that will guide everything that you do.

From there, think of what sort of visuals represent your brand. A brand specialist and graphic designer can help you work this out, but it is a good idea to have a general direction before you start working with them.

Do you want your professionalism to be the focus of your brand? Maybe you’d like your brand to be more representative of hard work and strength.

All of these aspects will be tied together in your logo, which you’ll use on your website, your truck and any branded material.

No matter what look you go with, remember to keep your core values at the center of everything that you do in your small business.

7. Market Your Services

There are a few ways to market your services and reach your target audience.

As a service provider, trust is everything, so referral marketing is a great way to get started. This is essentially partnering with businesses that would share a clientele with you. Your partners could be plumbers with different specializations, or they could even be electricians, general contractors and the like.

Basically, you’ll give your partners a bonus every time they send you new customers. This could be a set fee per customer, or it could be a percentage of whatever you make on the job.

Local search engine optimization (SEO) and search engine marketing (SEM) are also wonderful marketing tactics for plumbers. Each of these approaches makes your business discoverable to your audience when they do a quick search of your services on a search engine like Google or Yelp.

The goal for both of these methods would be for your website and contact information to appear when people search terms like “plumber near me” or “plumber in [your location].” With SEO, your site pages are optimized for these specific keywords to appear organically, but with SEM, you pay for your posts to come up on top.

8. Hire Help If Necessary

How you hire for your plumbing business will vary depending on whether you’re freelancing or building a whole team of plumbers.

At the very least, it is a good idea to hire an assistant to take care of scheduling, billing and other administrative tasks.

If you do decide to build your team of plumbers, you’ll want to choose people who are licensed and highly skilled. You’ll want to check both personal and professional references to make sure that they’re reliable and trustworthy.

9. Deliver High-quality Work

As a service provider, your reputation depends on how you treat your customers and how well you deliver. This means that it is on you to deliver as promised every single time. If you’ve promised high-quality work, then you must show up and make it happen.

In the unavoidable event that something goes wrong, you need to be honest about it and make it right. We all make mistakes, but making a mistake on plumbing could cost your client a lot of money down the line. 

Keep honesty and integrity at the forefront of your operation, and you should be good to go.

10. Collect Reviews and Testimonials

Part of building your business requires gaining trust in your community. Ask for reviews or testimonials upon the competition of a job.

Remember how we mentioned local SEO? If you set up a Google My Business page, your customers can leave their reviews there so that when people look for a well-rated plumber close by, you’ll pop up.

Additionally, having reviews on your website and social media page will help you come across as more legitimate, which will make your services easier to sell.

It is time to launch your plumbing business! You’ve likely spent the past few years fine-tuning your skills and mastering the trade, so stepping out on your own is the logical next step.

The 10 steps that we’ve outlined will serve as a trusty guide throughout this process, but don’t be afraid to tweak it where it makes for your business, services and target audience.

• How to Start a Roofing Business
• How to Start a Painting Business
• How to Start a Moving Business 
• How to Start a Handyman Business
• How to Start a General Contractor Business
• How to Start an HVAC Business
• How to Start a Pest Control Business

RELATED ARTICLES

Save Time Billing and Get Paid 2x Faster With FreshBooks

Want More Helpful Articles About Running a Business?

Get more great content in your Inbox.

By subscribing, you agree to receive communications from FreshBooks and acknowledge and agree to FreshBook’s Privacy Policy . You can unsubscribe at any time by contacting us at [email protected].

👋 Welcome to FreshBooks

To see our product designed specifically for your country, please visit the United States site.

Plumbing Business Plan Template & Guidebook

Are you looking for an easy-to-follow, comprehensive guide to create a successful plumbing business plan? Look no further! The #1 Plumbing Business Plan Template & Guidebook provides an invaluable set of tools to help you plan, organize and launch your business. This comprehensive guidebook covers all the critical elements of a business plan, including setting goals, market analysis, and financial planning. With the help of this template and guidebook, you can create a winning plan that will ensure the success of your venture.

Get worry-free services and support to launch your business starting at $0 plus state fees.

• How to Start a Profitable Plumbing Business [11 Steps]
• 10+ Best & Profitable Plumbing Business Ideas [2023]
• 25 Catchy Plumbing Business Names:
• List of the Best Marketing Ideas For Your Plumbing Business:

How to Write a Plumbing Business Plan in 7 Steps:

1. describe the purpose of your plumbing business..

The first step to writing your business plan is to describe the purpose of your plumbing business. This includes describing why you are starting this type of business, and what problems it will solve for customers. This is a quick way to get your mind thinking about the customers’ problems. It also helps you identify what makes your business different from others in its industry.

It also helps to include a vision statement so that readers can understand what type of company you want to build.

Here is an example of a purpose mission statement for a plumbing business:

Our mission at ABC Plumbing is to provide premier, efficient, and reliable residential and commercial plumbing services to our local community, while upholding the highest standards of customer service, professionalism and craftsmanship.

2. Products & Services Offered by Your Plumbing Business.

The next step is to outline your products and services for your plumbing business. 

When you think about the products and services that you offer, it's helpful to ask yourself the following questions:

• What is my business?
• What are the products and/or services that I offer?
• Why am I offering these particular products and/or services?
• How do I differentiate myself from competitors with similar offerings?
• How will I market my products and services?

You may want to do a comparison of your business plan against those of other competitors in the area, or even with online reviews. This way, you can find out what people like about them and what they don’t like, so that you can either improve upon their offerings or avoid doing so altogether.

3. Build a Creative Marketing Stratgey.

If you don't have a marketing plan for your plumbing business, it's time to write one. Your marketing plan should be part of your business plan and be a roadmap to your goals. 

A good marketing plan for your plumbing business includes the following elements:

Target market

• Who is your target market?
• What do these customers have in common?
• How many of them are there?
• How can you best reach them with your message or product?

Customer base 

• Who are your current customers? 
• Where did they come from (i.e., referrals)?
• How can their experience with your plumbing business help make them repeat customers, consumers, visitors, subscribers, or advocates for other people in their network or industry who might also benefit from using this service, product, or brand?

Product or service description

• How does it work, what features does it have, and what are its benefits?
• Can anyone use this product or service regardless of age or gender?
• Can anyone visually see themselves using this product or service?
• How will they feel when they do so? If so, how long will the feeling last after purchasing (or trying) the product/service for the first time?

Competitive analysis

• Which companies are competing with yours today (and why)? 
• Which ones may enter into competition with yours tomorrow if they find out about it now through word-of-mouth advertising; social media networks; friends' recommendations; etc.)
• What specific advantages does each competitor offer over yours currently?

Marketing channels

• Which marketing channel do you intend to leverage to attract new customers?
• What is your estimated marketing budget needed?
• What is the projected cost to acquire a new customer?
• How many of your customers do you instead will return?

Form an LLC in your state!

4. Write Your Operational Plan.

Next, you'll need to build your operational plan. This section describes the type of business you'll be running, and includes the steps involved in your operations. 

In it, you should list:

• The equipment and facilities needed
• Who will be involved in the business (employees, contractors)
• Financial requirements for each step
• Milestones & KPIs
• Location of your business
• Zoning & permits required for the business

What equipment, supplies, or permits are needed to run a plumbing business?

To run a plumbing business, you will need the following supplies and equipment:

• Plumbing tools (wrenches, augers, pipe cutters, etc.)
• Pipes, fittings, and valves
• Pipe insulation and sealants
• Testing and diagnostic equipment (drain cameras, water pressure gauges, etc.
• Emergency safety gear (fire extinguisher, safety goggles, etc.)
• Business-related supplies (business cards, accounting/bookkeeping system)

In addition to supplies and equipment, you may need certain permits depending on where you are located. Check with your local municipality for more information.

5. Management & Organization of Your Plumbing Business.

The second part of your plumbing business plan is to develop a management and organization section.

This section will cover all of the following:

• How many employees you need in order to run your plumbing business. This should include the roles they will play (for example, one person may be responsible for managing administrative duties while another might be in charge of customer service).
• The structure of your management team. The higher-ups like yourself should be able to delegate tasks through lower-level managers who are directly responsible for their given department (inventory and sales, etc.).
• How you’re going to make sure that everyone on board is doing their job well. You’ll want check-ins with employees regularly so they have time to ask questions or voice concerns if needed; this also gives you time to offer support where necessary while staying informed on how things are going within individual departments too!

6. Plumbing Business Startup Expenses & Captial Needed.

This section should be broken down by month and year. If you are still in the planning stage of your business, it may be helpful to estimate how much money will be needed each month until you reach profitability.

Typically, expenses for your business can be broken into a few basic categories:

Startup Costs

Startup costs are typically the first expenses you will incur when beginning an enterprise. These include legal fees, accounting expenses, and other costs associated with getting your business off the ground. The amount of money needed to start a plumbing business varies based on many different variables, but below are a few different types of startup costs for a plumbing business.

Running & Operating Costs

Running costs refer to ongoing expenses related directly with operating your business over time like electricity bills or salaries paid out each month. These types of expenses will vary greatly depending on multiple variables such as location, team size, utility costs, etc.

Marketing & Sales Expenses

You should include any costs associated with marketing and sales, such as advertising and promotions, website design or maintenance. Also, consider any additional expenses that may be incurred if you decide to launch a new product or service line. For example, if your plumbing business has an existing website that needs an upgrade in order to sell more products or services, then this should be listed here.

7. Financial Plan & Projections

A financial plan is an important part of any business plan, as it outlines how the business will generate revenue and profit, and how it will use that profit to grow and sustain itself. To devise a financial plan for your plumbing business, you will need to consider a number of factors, including your start-up costs, operating costs, projected revenue, and expenses. 

Here are some steps you can follow to devise a financial plan for your plumbing business plan:

• Determine your start-up costs: This will include the cost of purchasing or leasing the space where you will operate your business, as well as the cost of buying or leasing any equipment or supplies that you need to start the business.
• Estimate your operating costs: Operating costs will include utilities, such as electricity, gas, and water, as well as labor costs for employees, if any, and the cost of purchasing any materials or supplies that you will need to run your business.
• Project your revenue: To project your revenue, you will need to consider the number of customers you expect to have and the average amount they will spend on each visit. You can use this information to estimate how much money you will make from selling your products or services.
• Estimate your expenses: In addition to your operating costs, you will need to consider other expenses, such as insurance, marketing, and maintenance. You will also need to set aside money for taxes and other fees.
• Create a budget: Once you have estimated your start-up costs, operating costs, revenue, and expenses, you can use this information to create a budget for your business. This will help you to see how much money you will need to start the business, and how much profit you can expect to make.
• Develop a plan for using your profit: Finally, you will need to decide how you will use your profit to grow and sustain your business. This might include investing in new equipment, expanding the business, or saving for a rainy day.

Frequently Asked Questions About Plumbing Business Plans:

Why do you need a business plan for a plumbing business.

A business plan is an essential document for any business. It outlines the strategies, objectives, and financial goals of a plumbing business in order to help make informed decisions and guide the business’s growth. Additionally, a business plan is often a necessity if you are looking to secure funding from potential investors or lenders. A plumbing business plan should include an executive summary; analysis of the industry, market, and competition; a marketing plan; operational strategy; financial projections; and other relevant data.

Who should you ask for help with your plumbing business plan?

You should ask a professional business consultant, an experienced plumber, or a small business attorney.

Can you write a plumbing business plan yourself?

Yes, it is possible to write a plumbing business plan yourself. A number of online resources can be found that can help guide you on how to go about writing a business plan. Additionally, you may want to consult with a professional who specializes in helping individuals create and develop business plans.

Related Business Plans

Home Inventory Business Plan Template & Guidebook

Home Inspection Business Plan Template & Guidebook

Home Decor Business Plan Template & Guidebook

Health And Wellness Business Plan Template & Guidebook

Hauling Business Plan Template & Guidebook

Hardware Business Plan Template & Guidebook

Handyman Business Plan Template & Guidebook

Hair Extension Business Plan Template & Guidebook

Handbag Business Plan Template & Guidebook

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.

How To Write A Business Plan For A Plumbing Business

What’s a rich text element.

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Every business should start with a carefully crafted business plan. This document will help you strategise and guide you through the process of launching your business. Opening a plumbing business is relatively simple compared to other business types. By focusing on a few key components, you can develop a great business plan to get you started.

Writing A Business Plan For A Plumbing Business

It’s important to have a detailed business plan. However, you won’t think of everything in the beginning. You’ll learn along the way as you discover what works and what doesn’t. Over time, your business plan will change, so don’t stress about getting it perfect from the start.

1. Executive Summary

While this is the opening section of your business plan, it’s intended to be a summary of what the full plan entails. For this reason, you should write this section last. A good executive summary should be short and to the point (no longer than two pages, but one page is ideal). If you can’t explain the concept of your business on one page, you may need to simplify your business idea.

2. Describe The Business

After the executive summary, you need to describe how you envision your business to operate . Include information such as what services you will offer, what company structure you want (sole trader, partnership, etc.), and what types of customers you plan to serve.

3. Growth & Marketing

In the beginning, it may be hard to imagine how your business will look in 5 or 10 years. Take a moment to think about it. How will you get there? How will you sell your services to your customers? How will you expand once you have started getting more work than you can handle by yourself? Don’t be afraid to think big. Check out this article on marketing tips for plumbers to help you write out your marketing plan .

4. Financial Plan

You’ll need to invest some capital when you are first starting out. Most plumbing businesses cost a minimum of $10,000 for the supplies, tools, vehicle, and business expenses to begin servicing customers. In this section, make a list of all the start-up expenses. Try to keep your expenses to a minimum. This will help you reach profitability sooner.

5. Create Goals & Timelines

Goals and timelines are important tools to ensure you are staying on track. Start with 3-5 simple goals (for example, get 10 new customers in your first 90 days). Refer to your goals often. Once you have achieved them, set more ambitious goals. These goals can also help guide you as you need to make the right decisions for your business.

Business Insurance For Plumbers

You will spend a lot of time planning when starting a new plumbing business. It’s important to make sure that you consider the possible risks and how to eliminate them. Carrying a solid liability insurance policy can protect you from most claims or lawsuits against your business. Let the experts at upcover help you through the process. Check out our instant quote generator where you can get an estimate on market-leading insurance in seconds! Simply enter your occupation and expected revenue to get started.

keep up to date with more articles like this

Featured Posts

How to build trust as a small business owner, essential small business expenses in australia | upcover, why you need to have a rideshare insurance | upcover, 7 essential steps to get cleaning contracts | upcover, how to set up your first facebook ad, tagged in this article, insure your business, get an instant quote in seconds.

Just tell us what you do & your expected revenue to get started

You Might Also Like

Most requested handyman services: a guide for success, tips for writing an effective cleaning service contract, five strategies to secure electrical contracts: a guide for electrical businesses.

Business insurance for Australia's 2.4+ million small businesses and independent contractors

Other Links

How to Start a Plumbing Business

Starting a plumbing business can be very profitable. With proper planning, execution and hard work, you can enjoy great success. Below you will learn the keys to launching a successful plumbing business.

Importantly, a critical step in starting a plumbing business is to complete your business plan. To help you out, you should download Growthink’s Ultimate Business Plan Template here .

Download our Ultimate Business Plan Template here

14 Steps To Start a Plumbing Business :

• Choose the Name for Your Plumbing Business
• Develop Your Plumbing Business Plan
• Choose the Legal Structure for Your Plumbing Business
• Secure Startup Funding for Your Plumbing Business (If Needed)
• Secure a Location for Your Business
• Register Your Plumbing Business with the IRS
• Open a Business Bank Account
• Get a Business Credit Card
• Get the Required Business Licenses and Permits
• Get Business Insurance for Your Plumbing Business
• Buy or Lease the Right Plumbing Business Equipment
• Develop Your Plumbing Business Marketing Materials
• Purchase and Setup the Software Needed to Run Your Plumbing Business
• Open for Business

1. Choose the Name for Your Plumbing Business

The first step to starting a plumbing business is to choose your business’ name.  

This is a very important choice since your company name is your brand and will last for the lifetime of your business. Ideally you choose a name that is meaningful and memorable. Here are some tips for choosing a name for your own business:

• Make sure the name is available . Check your desired name against trademark databases and your state’s list of registered business names to see if it’s available. Also check to see if a suitable domain name is available.
• Keep it simple . The best names are usually ones that are easy to remember, pronounce and spell.
• Think about marketing . Come up with a name that reflects the desired brand and/or focus of your plumbing business.

2. Develop Your Plumbing Business Plan

One of the most important steps in starting a plumbing company is to develop your plumbing business plan . The process of creating your plan ensures that you fully understand your market and your business strategy. The plan also provides you with a roadmap to follow and if needed, to present to funding sources to raise capital for your business.

Your business plan should include the following sections:

• Executive Summary – this section should summarize your entire business plan so readers can quickly understand the key details of your plumbing business.
• Company Overview – this section tells the reader about the history of your plumbing business and what type of plumbing business you operate. For example, are you a residential, commercial, industrial, or an emergency plumbing business?
• Industry Analysis – here you will document key information about the plumbing industry. Conduct market research and document how big the industry is and what trends are affecting it.
• Customer Analysis – in this section, you will document who your ideal or target customers are and their demographics. For example, how old are they? Where do they live? What do they find important when purchasing services like the ones you will offer?
• Competitive Analysis – here you will document the key direct and indirect competitors you will face and how you will build competitive advantage.
• Marketing Plan – your marketing plan should address the 4Ps: Product, Price, Promotions and Place.
• Product : Determine and document what products/services you will offer 
• Prices : Document the prices of your products/services
• Place : Where will your business be located and how will that location help you increase sales?
• Promotions : What promotional methods will you use to attract customers to your plumbing business? For example, you might decide to use pay-per-click advertising, public relations, search engine optimization and/or social media marketing.
• Operations Plan – here you will determine the key processes you will need to run your day-to-day operations. You will also determine your staffing needs. Finally, in this section of your plan, you will create a projected growth timeline showing the milestones you hope to achieve in the coming years.
• Management Team – this section details the background of your company’s management team.
• Financial Plan – finally, the financial plan answers questions including the following:
• What startup costs will you incur?
• How will your plumbing business make money?
• What are your projected sales and expenses for the next five years?
• Do you need to raise funding to launch your business?

Finish Your Business Plan Today!

3. choose the legal structure for your plumbing business.

Next you need to choose a legal structure for your new plumbing business and register it and your business name with the Secretary of State in each state where you operate your business.

Below are the five most common legal structures:

1) Sole proprietorship

A sole proprietorship is a business entity in which the plumbing business owner and the business are the same legal person. The owner of a sole proprietorship is responsible for all debts and obligations of the business. There are no formalities required to establish a sole proprietorship, and it is easy to set up and operate. The main advantage of a sole proprietorship is that it is simple and inexpensive to establish. The main disadvantage is that the owner is liable for all debts and obligations of the business.

2) Partnerships

A partnership is a legal structure that is popular among small businesses. It is an agreement between two or more people who want to open a plumbing business together. The partners share in the profits and losses of the business. 

The advantages of a partnership are that it is easy to set up, and the partners share in the profits and losses of the business. The disadvantages of a partnership are that the partners are jointly liable for the debts of the business, and disagreements between partners can be difficult to resolve.

3) Limited Liability Company (LLC)

A limited liability company, or LLC, is a type of business entity that provides limited liability to its owners. This means that the owners of an LLC are not personally responsible for the debts and liabilities of the business. The advantages of an LLC for a plumbing business include flexibility in management, pass-through taxation (avoids double taxation as explained below), and limited personal liability. The disadvantages of an LLC include lack of availability in some states and self-employment taxes.

4) C Corporation

A C Corporation is a business entity that is separate from its owners. It has its own tax ID and can have shareholders. The main advantage of a C Corporation for a plumbing business is that it offers limited liability to its owners. This means that the owners are not personally responsible for the debts and liabilities of the business. The disadvantage is that C Corporations are subject to double taxation. This means that the corporation pays taxes on its profits, and the shareholders also pay taxes on their dividends.

5) S Corporation

An S Corporation is a type of corporation that provides its owners with limited liability protection and allows them to pass their business income through to their personal income tax returns, thus avoiding double taxation. There are several limitations on S Corporations including the number of shareholders they can have among others.

Once you register your plumbing business, your state will send you your official “Articles of Incorporation.” You will need this among other documentation when establishing your banking account (see below). We recommend that you consult an attorney in determining which legal structure is best suited for your company.

Incorporate Your Business at the Guaranteed Lowest Price

We are proud to have partnered with Business Rocket to help you incorporate your business at the lowest price, guaranteed.

Not only does BusinessRocket have a 4.9 out of 5 rating on TrustPilot (with over 1,000 reviews) because of their amazing quality…but they also guarantee the most affordable incorporation packages and the fastest processing time in the industry.

4. Secure Startup Funding for Your Plumbing Business (If Needed)

In developing your plumbing business plan , you might have determined that you need to raise funding to launch your business. 

If so, the main sources of funding for a plumbing business to consider are personal savings, family and friends, credit card financing, bank loans, crowdfunding and angel investors. Angel investors are individuals who provide capital to early-stage businesses. Angel investors typically will invest in a plumbing business that they believe has high potential for growth.

5. Secure a Location for Your Business

There are a few things to consider when choosing a location for your plumbing business. First, make sure the area is zoned for commercial use. You will also want to ensure enough traffic is in the area to support your business. Finally, you will want to ensure you are close to other businesses that your potential customers may frequent.

6. Register Your Plumbing Business with the IRS

Next, you need to register your business with the Internal Revenue Service (IRS) which will result in the IRS issuing you an Employer Identification Number (EIN).

Most banks will require you to have an EIN in order to open up an account. In addition, in order to hire employees, you will need an EIN since that is how the IRS tracks your payroll tax payments.

Note that if you are a sole proprietor without employees, you generally do not need to get an EIN. Rather, you would use your social security number (instead of your EIN) as your taxpayer identification number.

7. Open a Business Bank Account

It is important to establish a bank account in your plumbing business’ name. This process is fairly simple and involves the following steps:

• Identify and contact the bank you want to use
• Gather and present the required documents (generally include your company’s Articles of Incorporation, driver’s license or passport, and proof of address)
• Complete the bank’s application form and provide all relevant information
• Meet with a banker to discuss your business needs and establish a relationship with them

8. Get a Business Credit Card

You should get a business credit card for your plumbing business to help you separate personal and business expenses.

You can either apply for a business credit card through your bank or apply for one through a credit card company.

When you’re applying for a business credit card, you’ll need to provide some information about your business. This includes the name of your business, the address of your business, and the type of business you’re running. You’ll also need to provide some information about yourself, including your name, Social Security number, and date of birth.

Once you’ve been approved for a business credit card, you’ll be able to use it to make purchases for your business. You can also use it to build your credit history which could be very important in securing loans and getting credit lines for your business in the future.

9. Get the Required Business Licenses and Permits

The licenses and permits you need to start a plumbing business will vary depending on your location. For example, in some states you may need a plumbing license from the state licensing board, while in other states you may only need a business license from the city or county. You may also need a contractor’s license, and if you plan to work with septic tanks, you’ll need a septic tank installer’s license. To find out what licenses and permits you need in your state, contact your local licensing board or business license office. You can also check with the National Association of Plumbing-Heating-Cooling Contractors for more information.

10. Get Business Insurance for Your Plumbing Business

The type of insurance you need to operate a plumbing business will vary depending on the state.

Some business insurance policies you should consider for your plumbing business include:

• General liability insurance : This covers accidents and injuries that occur on your property. It also covers damages caused by your employees or products.
• Auto insurance : If a vehicle is used in your business, this type of insurance will cover if a vehicle is damaged or stolen.
• Workers’ compensation insurance : If you have employees, this type of policy works with your general liability policy to protect against workplace injuries and accidents. It also covers medical expenses and lost wages.
• Commercial property insurance : This covers damage to your property caused by fire, theft, or vandalism.
• Business interruption insurance : This covers lost income and expenses if your business is forced to close due to a covered event.
• Professional liability insurance : This protects your business against claims of professional negligence.

Find an insurance agent, tell them about your business and its needs, and they will recommend policies that fit those needs. 

11. Buy or Lease the Right Plumbing Business Equipment

You will need a few basic pieces of plumbing equipment to start your business. Some of the most essential tools are a plunger, pipe wrench, and adjustable wrenches. You may also want to invest in a reciprocating saw to cut through pipes quickly and easily. You will also need a van or truck to transport your tools and equipment.

12. Develop Your Plumbing Business Marketing Materials

Marketing materials will be required to attract and retain customers to your plumbing business.

The key marketing materials you will need are as follows:

• Logo : Spend some time developing a good logo for your plumbing business. Your logo will be printed on company stationery, business cards, marketing materials and so forth. The right logo can increase customer trust and awareness of your brand.
• Website : Likewise, a professional plumbing business website provides potential customers with information about the services you offer, your company’s history, and contact information. Importantly, remember that the look and feel of your website will affect how customers perceive you.
• Social Media Accounts : establish social media accounts in your company’s name. Accounts on Facebook, Twitter, LinkedIn and/or other social media networks will help customers and others find and interact with your plumbing business.

13. Purchase and Setup the Software Needed to Run Your Plumbing Business

The software you need to run a plumbing business depends on the type of plumbing business you want to start. For example, if you want to start a small residential plumbing business, you will need software for invoicing, bookkeeping, and customer management. If you want to start a commercial plumbing business, you will also need software for estimating, bidding, and project management. There are many software options available, so it is important to do some research to find the best software for your needs.

14. Open for Business

You are now ready to open your plumbing business. If you followed the steps above, you should be in a great position to build a successful business. Below are answers to frequently asked questions that might further help you.

How to Finish Your Ultimate Business Plan in 1 Day!

Don’t you wish there was a faster, easier way to finish your plumbing business plan?

With Growthink’s Ultimate Business Plan Template you can finish your plan in just 8 hours or less!

How to Start a Plumbing Business FAQs

Is it hard to start a plumbing business.

There is no one-size-fits-all answer to this question, as the ease or difficulty of starting a plumbing business will vary depending on your skills, experience, and resources. 

However, if you follow the steps above, you should be able to start your plumbing business without too much difficulty.

How can I start a plumbing business with no experience?

You can start your own plumbing business with no experience if you are familiar with water pipes, older homes and buildings, and general plumbing maintenance. You can also check out online forums for discussions relating to maintenance issues and advice from those already in the industry. Joining a trade union could also allow you to network with other professionals in the field. Finally, you may want to start small and gradually grow your business as you gain experience.

What type of plumbing business is most profitable?

The most profitable plumbing business provides more value to its customers than its competitors. This value could come from offering high-quality services, providing additional benefits like free repairs or maintenance, or charging low prices. Whatever strategy a plumbing business chooses, it's essential to focus on providing good customer service and meeting clients' needs. By doing so, a plumbing business can maximize its profits and build a loyal customer base.

How much does it cost to start a plumbing business?

Starting a plumbing business varies depending on the size and scope of the operation. There are many things you need to get started, such as plumbing supplies, a van or truck, and advertising. The cost of starting a plumbing business can range from a few thousand dollars to tens of thousands of dollars.

What are the ongoing expenses for a plumbing business?

The ongoing expenses for a plumbing business can vary depending on the size of the business, the services offered, and the location. However, some of the most common expenses include:

-Employee salaries

-Rent or lease payments

-Materials and supplies

-Marketing and advertising

How does a plumbing business make money?

A plumbing business makes money by charging for plumbing jobs . These projects can include anything from fixing a leaky faucet to installing a brand new water heater. Sometimes plumbing companies charge by the hour, while other times they may charge a fixed price. 

Many plumbing business owners offer maintenance contracts. The business will come and inspect its customers’ plumbing systems regularly and will be able to catch any potential problems before they turn into huge issues. These regular inspections can save customers money in the long run and give them peace of mind knowing that their plumbing is in good hands.

Is owning a plumbing business profitable?

There are a few reasons owning a plumbing business can be profitable. First, plumbing is a necessary service that every household and business needs. The consistent demand for plumbers means you will always have work. Second, there are not too many upfront expenses, so you can start your own plumbing business with relatively little investment. Finally, plumbing services are typically priced reasonably, so you can make a good profit without overcharging your customers.

Why do plumbing businesses fail?

Plumbing businesses may fail because of a lack of planning. A company should have a business plan, marketing strategy, and financial plan. Without these things, it is difficult to make a plumbing business succeed.

Another reason plumbing businesses fail is because of a lack of cash flow. If a company can't pay its bills, it will eventually go out of business. A business should have a plan for generating cash flow and keeping it flowing to stay afloat.

Lastly, plumbing businesses can fail because of a lack of proper management. A company should plan for who is in charge of what and how to delegate tasks.

Other Helpful Business Plan Articles & Templates

Need a business plan? Call now:

Talk to our experts:

• Business Plan for Investors
• Bank/SBA Business Plan
• Operational/Strategic Planning
• L1 Visa Business Plan
• E1 Treaty Trader Visa Business Plan
• E2 Treaty Investor Visa Business Plan
• EB1 Business Plan
• EB2 Visa Business Plan
• EB5 Business Plan
• Innovator Founder Visa Business Plan
• UK Start-Up Visa Business Plan
• UK Expansion Worker Visa Business Plan
• Manitoba MPNP Visa Business Plan
• Start-Up Visa Business Plan
• Nova Scotia NSNP Visa Business Plan
• British Columbia BC PNP Visa Business Plan
• Self-Employed Visa Business Plan
• OINP Entrepreneur Stream Business Plan
• LMIA Owner Operator Business Plan
• ICT Work Permit Business Plan
• LMIA Mobility Program – C11 Entrepreneur Business Plan
• USMCA (ex-NAFTA) Business Plan
• Franchise Business Planning 
• Landlord Business Plan 
• Nonprofit Start-Up Business Plan 
• USDA Business Plan
• Cannabis business plan 
• eCommerce business plan
• Online Boutique Business Plan
• Mobile Application Business Plan
• Daycare business plan
• Restaurant business plan
• Food Delivery Business Plan
• Real Estate Business Plan
• Business Continuity Plan
• Buy Side Due Diligence Services
• ICO whitepaper
• ICO consulting services
• Confidential Information Memorandum
• Private Placement Memorandum
• Feasibility study
• Fractional CFO
• How it works
• Business Plan Examples

Plumbing Business Plan Sample

Published Jul.25, 2018

Updated Apr.23, 2024

By: Cynthia Turner

Average rating 3.8 / 5. Vote count: 5

No votes so far! Be the first to rate this post.

Table of Content

Do you want to start plumbing business

Are you planning to start plumbing business ? The plumbing industry in the U.S. has been on an upward trend for the last decade. In 2009, plumbing revenue in the U.S was approximately 100 billion dollars. Professional plumbing is a key subcontracting industry that is important for both residential and non-residential buildings. Plumbers install systems both for new constructions as well as do repairs and maintenance of existing structures. As a critical service sector, venturing into this business is a great idea so long as you have a good business plan in place to guide implementation.

Executive Summary

2.1 the business.

The plumbing business will be registered as Greenhouse Plumbing and shall be located in Lower Manhattan, New York. The business is owned by Graham Johns who is an experienced professional plumber.

2.2 Management Team

Graham Johns, Owner of Greenhouse Plumbing is an experienced plumber with more than 15 years of experience in the plumbing industry. Before starting a plumbing business , Graham dedicated his expertise to the corporate industry by working for numerous companies in the United States.

2.3 Customer Focus

Given his deep industry experience, Graham has vast knowledge of plumbing that is a great asset to help him set up Greenhouse Plumbing and target the right customers.

2.4 Business Target

Graham knows the plumbing industry well and how to go about getting the right customers to bring in the anticipated business revenue. With the right set of strategies, he hopes to penetrate the market and get good business.

Company Summary

3.1 company owner.

Graham Johns is an experienced plumber whose successful career in the plumbing industry has lasted almost two decades. As a leading expert, Graham has worked on large-scale plumbing projects which has equipped him with knowledge on how to run a successful plumbing business .

3.2 Aim of Starting the Business

With the growth of both residential and commercial real estate industry, a lot of opportunities have been created as plumbers play a key role in constructing, repairing and maintaining plumbing systems. Having been in the industry for long, Graham knows too well the future of plumbing is bright and this informed his decision to start Greenhouse Plumbing.

3.3 How the Business will be Started

Armed with extensive plumbing experience, Graham is a successful plumbing professional with vast technical experience of how to run the business. He clearly understands what needs to be done to setup but has also engaged financial business experts to come up with a comprehensive financial analysis.

Services for Customers

Greenhouse Plumbing offers a wide variety of services for clients in the greater New York area. In order to effectively know how to start your own plumbing business , it’s a great idea to identify services to be offered. To penetrate an established industry which already has other plumbing companies, Graham John plans to focus on excellent service delivery and professionalism to grow plumbing business . With diversified services targeting all types of clients, customers will be able to enjoy a vast number of benefits all under one roof. Greenhouse Plumbing intends to offer the following types of services to both residential and commercial clients in New York.

• General plumbing services that include repair, maintenance and setting up of new plumbing systems
• Streamfitting and piping services
• Gas plumbing and appliance repair
• Installation of septic tanks, lawn sprinkler and hot water systems

Marketing Analysis of Plumbing Business

Plumbing is a key service sector that plays a vital role in both the residential and commercial real estate industry. Builders who come up with numerous projects are often in need of professional, experienced, reliable and well-priced professional plumbers who can offer excellent plumbing services. With the rapid expansion of New York’s real industry, Greenhouse Plumbing has an incredible opportunity considering Graham has vast knowledge of how to run a plumbing business .

5.1 Market Segment

For Greenhouse Plumbing to meet its financial objectives, this plumbing company business plan explains in detail the customer target and which marketing strategies shall be used to woo prospective customers. Identification of the target market is vital to ensure customized marketing strategies are adopted in order to yield the desired results.

5.1.1 Individuals and Households

With a population of over 8 million people, New York is the largest city in the United States meaning it has the highest number of households than any other city in the U.S. Because of this, the largest source of customers for Greenhouse Plumbing is expected to be individual households that are in need of professional plumbing services. This plumbing business plan lays out emphasis on what needs to be done to effectively reach out to this market projected to be a key revenue source for Greenhouse plumbing. From the onset, Graham and his team must find ways of connecting with local households in various New York residential neighbors.

5.1.2 Corporates

New York is a corporate hub with thousands of commercial buildings that host corporate companies. Whether it is fixing plumbing systems for new buildings or doing maintenance and repairs for existing structures, the corporate industry is a lucrative market for Greenhouse Plumbing. Corporates award large long-term plumbing maintenance and repair contracts which are lucrative and a great revenue source for the company. The corporate industry is keen on getting the best professional plumbing services and therefore, Greenhouse plumbing needs to implement strategic marketing policies that attract corporate clientele.

5.1.3 Real Estate Owners and Developers

New York is among top U.S. cities with a vibrant real estate sector which is one of the biggest customers for the plumbing industry. New York is home to some of the largest and most popular real estate companies in the United States. Due to the large number of real estate firms, Greenhouse Plumbing has to know how to market a plumbing business to various New York real estate owners and developers. Among the priority target markets should be focus on how to penetrate the real estate industry.

5.1.4 Government Agencies

Government is a major customer segment with a good capability to provide Greenhouse Plumbing with a good source of revenue. Even though government jobs aren’t easy to secure, the business stands a good chance to secure business from various federal agencies.

5.2 Business Target

Greenhouse Plumbing has plans to offer a superior plumbing service that will cut out the business from the rest of its competitors. New York being a large city with diverse types of customers is an advantage for the business. Despite the presence of established plumbing companies, the company has formulated a clear business operational plan that will help realize an annual sales increase of 20%-25%.

5.3 Product Pricing

When thinking about plumbing business start up costs , Greenhouse Plumbing has come up with a pricing structure which takes into account market rates and what competitors are charging. Ultimately, the plan is to ensure the correct pricing mechanism is put in place for the business attains its revenue targets.

With the right strategies put in place, there is a lot of revenue potential for Greenhouse Plumbing to tap. A host of creative marketing strategies will be helpful in aggressively marketing the plumbing business. To start a plumbing business that will be successful, it is imperative to have the right strategies in place.

6.1 Competitive Analysis

Greenhouse Plumbing has extensively studied the market and identified areas it can capitalize on to generate revenue to outsmart its competitors. New York is a large city with plenty of opportunities that can only be identified through consistent market analysis and research efforts.

6.2 Sales Strategy

For Greenhouse Plumbing to penetrate the market and win loyal customers as well as keep attracting new clients, the sales strategies below will be used to advertise the business.

• Distribute introduction letters, company materials and brochures to targeted customer segments in an effort to market and create awareness about the new plumbing company
• Organize an opening party and invite stakeholders as well as prospective customers from key industries such as real estate professionals and managers. This forum is a great networking opportunity to create rapport with customers.
• Attend exhibitions and events that bring together plumbing companies.
• Advertise the business in local print and broadcast media such as television, radio and newspapers
• Adopt digital marketing strategies such as Google Ads, Facebook and Twitter as many clients now seek plumbing services through the internet
• Market the business in listings such as the Yellow Pages
• Word of mouth marketing

6.3 Sales Forecast

For Greenhouse Plumbing to achieve its goals, below is a detailed sales forecast which has been formulated to guide the business on a path towards success.

Personnel Plan

Greenhouse Plumbing understands too well the importance of having skilled, experienced and reliable employees. Hiring personnel is a key component of how to start a plumbing business . Plumbing is highly technical and the success of this business depends on the caliber of staff hired to work on various systems.

7.1 Personnel Plan

For Greenhouse plumbing to operate effectively, the following staff will be hired to work in various areas of the business. For starters, Graham Johns who is the owner of the business will also be the Chief Executive Officer. In addition, the following staff will hired to offer a helping hand.

• Technical Manager
• 2 Sales and Marketing Executives
• 1 Accountant
• 1 Customer Service Assistant
• 5 Plumbers and Handymen

Successful applicants will be taken through intensive training to familiarize themselves with plumbing company operations.

7.2 Average Salaries

Greenhouse Plumbing intends to compensate staff the following salaries within the first three years of operation.

Financial Plan

Green Plumbing has come up with a detailed financial plan that will help steer the business to development. One of the key things to think about when starting plumbing business is to have a sound financial strategy. A bulk of the capital will be raised from Graham’s personal savings and two investors who are his close friends. Additional funding will be sought through a bank loan for business plan to finance the remaining budget deficit. Using this detailed breakdown of financial parameters, the business will be best positioned to fully harness plumbing business opportunities for the sake of growth. The following is a detailed financial breakdown for Greenhouse Plumbing.

8.1 Important Assumptions

The financial forecast for Greenhouse Plumbing is based on the assumptions below.

8.2 Brake-even Analysis

Greenhouse Plumbing brake-even analysis is shown in the graph below.

8.3 Projected Profit and Loss

Profit and loss information for Greenhouse Plumbing as calculated on a monthly and annual basis is indicated below.

8.3.1 Monthly Profit

8.3.2 yearly profit, 8.3.3 monthly gross margin, 8.3.4 yearly gross margin.

Profit and Loss Analysis for Greenhouse Plumbing is illustrated below.

8.4 Projected Cash Flow

Below is a summary of Pro forma cash flow, subtotal cash received, subtotal cash spent, subtotal cash from operations and subtotal cash spent on operations.

8.5 Projected Balance Sheet

Below is a Projected Balance Sheet for Greenhouse Plumbing that indicates assets, liabilities, capital, long term assets and current liabilities.

8.6 Business Ratios

The following is the Ratio Analysis, Business Ratios and Business Net Worth for Greenhouse Plumbing.

Download Plumbing Business Plan Sample in pdf

OGS capital professional writers specialized also in themes such as barbers shop business plan , church business plan , business plan for a house scrubbing , business plan for a drone , gas station business plan , business plan for hair salon and many others.

OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.

How to Start a Plumbing Business in 2024: A Detailed Guide

Vegetable Farming Business Plan

Trading Business Plan

How To Write A Textile Manufacturing Business Plan

Start a Vending Machine Business in 2024: A Detailed Guide

Oil and Gas Business Plan

Any questions? Get in Touch!

We have been mentioned in the press:

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

Search the site:

lope plumbing business plan

• business plan
• essay writing
• research paper
• review writing

JL Plumbing Services is temporarily closed. Scheduled to reopen on June 17, 2024.

JL Plumbing Services

Hours updated a few days ago

Photos & videos

See all 17 photos

Services Offered

Verified by Business

You Might Also Consider

Sparkling Fresh Water

10.3 miles away from JL Plumbing Services

Mario B. said "If you want your water softener system installed professionally the right way look no further. Other businesses that do these installations do it the lazy way by cutting corners. I've looked at so many of my neighbors that got their…" read more

in Water Purification Services

Water Heaters Only

Robb R. said "In the evening I discovered my old propane water heater was leaking and emailed a request for a quote to replace it. Someone called back within the hour, and setup an appointment for the next morning. Neil arrived and looked it…" read more

in Water Heater Installation/repair

All City Plumbing

9.9 miles away from JL Plumbing Services

Mike R. said "I called this morning and made an appointment between 2 an 4. And Matt showed up around that time. But only so he tell me in person he can't do it today. He had run into issues on the previous job. He looked at what I needed done…" read more

in Hydro-jetting, Plumbing, Water Heater Installation/repair

About the Business

JL Plumbing Services is a locally owned and operated company in riverside county that values honesty and integrity in all aspects of our business. Our dedicated team of professionals have several years of hands-on experience to provide innovative ideas and suggestions tailored to your projects. Our services are customized to your individual needs, paying close attention to the details of each project that we are involved with. Please feel free to contact us today! …

Location & Hours

Suggest an edit

Serving Jurupa Valley Area

Amenities and More

Ask the community.

Ask a question

Yelp users haven’t asked any questions yet about JL Plumbing Services .

People also searched for

bathtub & shower repair

drain installation

drain cleaning

emergency services

faucet installation

faucet repair

Recommended Reviews

• 1 star rating Not good
• 2 star rating Could’ve been better
• 3 star rating OK
• 4 star rating Good
• 5 star rating Great

Select your rating

Overall rating

I needed a water main line to garage repaired on my rental property. I called around, used a number of websites and found Mr. Lopez here on yelp to be available to do the work on a short notice (and reasonably price). As a private contractor I am very careful about subcontracting work on projects and want the work done right. Mr. Lopez's work speaks for itself. Quality soldiering, proper fit and good finish. I had him upgrade the underground PVC 40 to copper and the result is exactly as I wanted (and as he described). Now, I am critical of any subcontractor that I hired because I know how the work should be done (and I want it done right). Mr. Lopez showed up on time did the work (and when the right part was not on his truck he went and picked it up from local plumbing house). Can't say enough about finding a honest guy, willing to admit he does not have the right part, but willing to go and pick up the right part to do the job correctly. Will keep his number for any other repairs I may have on my other properties. I can recommend him without reservation. Good work, and good price for the work performed. Look at the pictures, went from a leaking PVC 40 to PVC 80 coupler and copper pipe. Pipe was properly dry fitted, wrapped and all soldiering done to code (it even looks pretty). If you need a plumber . . . here he is.

See all photos from James H. for JL Plumbing Services

Plumber never showed up!! We agreed on a date and time slot thru Yelp. I hate being ignored. If you don't want to work on my project, at least have the courtesy to let me know!!

Super professional and knowledgeable about anything plumbing related. At a reasonable price too. Highly recommended!

Jonathan was quick to respond and to give me a great quote over the phone He was on time and quick with the repair The water meter pipe had a leak and he was able to come and repair the same day now I can shower and use the water throughout my house. I will definitely recommend him and call him again for any future projects or problems I may have thank you again Jonathan

Jonathan was friendly, timely, and very professional. Very accommodating and worked quickly/efficiently. Made scheduling an appt a breeze. Would absolutely hire again and definitely recommend for any of your plumbing needs.

Outstanding service! Quickly called and was at my house in an hour. High quality work and great customer service.

Jonathan was great! He responded right away with a quote and many options for him to come over to fix our problem. He was right on time, very personable and knowledgeable! We'll definitely use his services in the future!

Other Plumbing Nearby

AYS Plumbing & Rooter

10.2 miles away from JL Plumbing Services

Liz P. said "Can't rate their service because they were too expensive for me. Called on Wednesday and they were able to come out at a convenient time for me the next day. They arrived at 4:30 and had a price for me by 5:00. $400 to remove the…" read more

in Plumbing

Tankless Water Heater Repair and Plumbing

Tammy G. said "I found this company on Yelp & contacted them based on their reviews. We were quoted by another company to replace our current tankless water heater & I wanted a second opinion. Jessica took my info over the phone, had me text her…" read more

Browse Nearby

Electricians

Water Heater Repair

Hardware Stores

Plumbing in Jurupa Valley

Get free quotes on Yelp now

Related Articles

How to Find a Good Plumber

15 questions to ask a plumber before hiring

How to fix a clogged garbage disposal

How to fix a clogged drain

How to survive a house flood

Other Places Nearby

Find more Plumbing near JL Plumbing Services

Find more Water Heater Installation/Repair near JL Plumbing Services

Find more Water Purification Services near JL Plumbing Services

Service Offerings in Jurupa Valley

Gas Water Heater Installation

Point-Of Entry System Installation

Sump Pump Installation

Sump Pump Repair

Related Cost Guides

Fireplace Services

Glass & Mirrors

Home Network Installation

House Sitters

Lawn Services

Packing Services

Drywall Installation & Repair

Home Inspectors

Lighting Fixtures & Equipment

Shades & Blinds

Water Heater Installation/Repair

Waterproofing

Window Repair

Carpet Installation

Chimney Sweeps

Home Window Tinting

Security Systems

Solar Installation

Solar Panel Cleaning

Water Purification Services

• 21 More Cost Guides

People Also Viewed

RB Plumbing

Drain Vision Sewer Camera Inspections

GL Plumbing And Mechanical

Ramco Plumbing, Heating & Air

Drain Edge Rooter

Get Right Plumbing Drain and Rooter

O’Brien Plumbing

Hidalgo Plumbing

FPS Plumbing

PVP Plumbing