Are you starting or struggling with your plumbing business? Join Richard in this powerful Potty Talk episode as he and the Lovely Laura share 7 things you can do today to insure plumbing business success. Potty Talk #418


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3 Golden Nuggets

  1. You’re Killing Your Business
  2. We’re a Flat Rate Society
  3. Stop Being the Bank

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SHOW NOTES

7 Essential Steps to Growing Your Plumbing Business: A Beginner’s Guide

Starting and growing a plumbing business can be a daunting task, but with the right strategies in place, it can also be incredibly rewarding. 

Whether you’re just starting out or looking to grow your plumber business into a million-dollar enterprise, these seven steps will help you pave the way to success.

Charge Correctly with Honest Hourly Rates: 

One of the most crucial aspects of growing your plumbing business is ensuring that you’re charging the right rates for your services. To do that, use the Honest Hourly Rate Calculator to determine fair and competitive pricing for your work.

By charging correctly, you not only ensure fair compensation for your expertise but also establish trust and credibility with your customers.

Otherwise, you risk not knowing what you’re charging for. And that way, you’re not only robbing your clients, but you’re robbing yourself, too.

So, if you want to grow your plumbing business, do things the professional way and know what you’re charging!

Invest in Professional Branding: 

In a competitive market, professional branding sets you apart from the crowd and establishes your business as a trusted and reputable choice for customers. 

Invest in creating a strong brand identity, including a professional logo, website, and marketing materials. An easy way to do that is to hire a professional service, such as KickCharge

A cohesive and visually appealing brand will attract more customers and leave a lasting impression.

And it’s that professional branding that will keep you top of mind for people in your area, helping grow your plumbing business even faster.

Optimize Your Online Presence: 

In today’s digital age, it’s essential to be where your customers are searching. 

Claim and verify your Google My Business account to improve your visibility in local search results. 

Ensure that your business information is accurate and up-to-date, including your contact information, hours of operation, and services offered. 

A strong online presence increases your chances of being found by potential customers in your area, and thus growing your plumbing business.

Prioritize Customer Service: 

Exceptional customer service is key to building long-term relationships and fostering customer loyalty. 

Hire a dedicated customer service representative to handle inquiries, schedule appointments, and ensure that every call is booked. 

By providing prompt and courteous service, you not only satisfy your customers but also differentiate yourself from competitors. And a happy customer is a returning customer–and one that refers you to their friends and family!

It’s the easiest way to generate plumbing leads!

Implement Flat Rate Pricing: 

Instead of breaking down your prices for each service, set flat rate pricing. 

Flat rate pricing provides transparency and eliminates confusion for customers, allowing them to know the cost upfront without any surprises. 

This approach not only simplifies the quoting process but also helps you maximize your profits and streamline your operations. This further aids in growing your plumbing business.

Secure Your Cash Flow: 

Cash flow is the lifeblood of any business, and for plumbing business, collecting payment on the day of the job is essential. 

Implement a policy of collecting payment on the day of the job to ensure a steady cash flow and minimize the risk of late or unpaid invoices. 

Offering convenient payment options such as credit card payments or online invoicing can also facilitate prompt payment from customers.

This will not only help you keep cash on hand, but will impress your customers. Leading them to refer you to their friends and neighbors, helping you grow your plumbing business.

Provide Options to Customers: 

Every customer has unique needs and preferences, so it’s essential to provide them with 3 options. 

Not 4, not 2 – always 3. Why? Because it’s how the ideal customer experience works, and it’s what your customers expect from you.

Don’t trap them into a corner with no options–give them the choice between good, better, and best.

It’s this flexibility that demonstrates your commitment to meeting the individual needs of each customer. 

By providing options, you empower customers to make informed decisions and increase their satisfaction with your services.

Bonus Tip: Invest in Education and Coaching: 

Growing your plumbing business requires continuous learning and improvement. 

Consider joining programs like our Success Academy, where you can learn from seasoned professionals who have successfully grown their own plumbing businesses. 

By investing in education and coaching, you learn from the eagles, gaining valuable insights and strategies to help grow your plumbing business.

Starting and growing a plumbing business takes time, effort, and dedication, but by following these seven steps, you can set yourself up for success. 

From setting fair prices to prioritizing customer service, each step plays a crucial role in building a thriving plumbing business that stands out in the market. 

So don’t wait any longer – take action today and start growing your plumbing business with confidence.

Richard’s Call to Action

Need a little more help? Why not join the Million Dollar Plumber Success Academy and learn everything you need to know to grow your plumbing business and have a life too–all from the comfort of your home!

Start your FREE 14-day trial today

 

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