How to Start a Plumbing Business
So, you want to start a plumbing business. This could be a terrific
decision, or, it could be the worst idea ever. Starting a plumbing
business, or any business really, involves a certain amount of
structured thinking to put everything in place, and making sure that you
have thought of everything. By following this strategy planning
process, you will have covered all the important aspects of getting your
planning and strategy in the right place, and this will make the
starting of your own plumbing business some 450% more successful.
The Strategy Required to Start Any Business
Starting a plumbing business, a bakery, or a high-tech company all
requires the same basic thinking strategy. To remember it best, use the
EASI acronym. In this case, E stands for emotion, A for achieving a win,
S for simple and straightforward and I for the implementation.
Everybody wanting to start a business should be aware that it is going
to involve plenty of challenges, hardships, stress, worry, and a
multitude of other issues. The process of starting a business has often
been likened to jumping off a cliff, and building an aeroplane on the
way down. It will mean sleepless nights, long working hours and the
unwavering support of family and friends around you. This is real, and
the reason so many start-up businesses fail.
The first step, therefore, is to examine the reasons that you want to
start the business in the first place. This involves an examination of
the emotions, or feeling behind the rationale of starting your own
plumbing business. Everyone will have their own reasons for wanting to
start their business. It may be as a last resort as they are unable to
find employment in the field, it may be that they hate having a boss, it
may be that they want to become extraordinarily wealthy. Whatever the
reason, it is essential that the owners of the business, if there are
more than one, are aware of the strength of their emotions regarding the
venture. This will determine the power of the motivation, the real
forces behind the venture, and, with the aid of a skilled consultant,
allow the prospective business owners to determine if their vessel will
survive the storms on the ocean, or if there needs to be some additional
emotional management included - fort lauderdale plumbing.
The second item speaks to the vision, or goal of the organisation. A
prospective plumbing business may have as its goal to be a loss leader
and therefore a tax write-off. It may be that achieving a win with the
business would be familial survival, or putting children through school.
Either way, all the owners need to be able, collaboratively, to
understand what the goal is and to have a combined vision of the
business that everyone can buy into. Without this shared vision, any
subsequent planning and strategizing will ultimately be negated and
sporadic, with everyone involved having different goals and aims,
instead of pulling together in the right direction.
Keep Things Simple and Straightforward
It does not take any real skill to make things more complex. The real
genius in any situation is to make things more simple. This line of
thinking is propagated by all the top entrepreneurs such as Richard
Branson, Bill Gates, and Elon Musk. Albert Einstein often used to say
that if you couldn't explain a thing to a six-year-old, you didn't
understand it yourself. In light of this strategic thinking, the next
piece of advice is to keep all your plans and strategies simple and
straightforward. Set a goal that everyone involved, all the
stakeholders, can buy into. See where you currently are, and plan a way
to get to that goal that all concerned can understand, appreciate, and
take ownership of.
The final step in setting up a new plumbing business is to implement the
strategy. Without a rigorous implementation strategy and plan, all the
goal-setting and personal examination of business vision and motivation
will just become a distant wish. Implementation plans fall into five
basic categories; overall business strategy, financial planning, human
resources and communications, sales and marketing, and project
management. All businesses must be able to conduct planning with respect
to these five regions of business expertise in order to be successful.
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