Planning to build a business that is lucrative enough to keep your life comfortable? Are you into assembling, installing, and repairing water or drainage pipes? Are you the jack-of-all-trades knowledgeable in fixing various plumbing fixtures and water appliances? Then you might want to consider being a plumbing contractor.
With an average annual salary of approximately $50,000, plumbing is indeed a lucrative and attractive business. Home repairs are very common and the numbers of businesses jumping into the bandwagon are continuously rising, each wanting to take a slice of the profitable market. But how to get a plumbing contractorโs license? With all the steps and confusing processes, is there an easy way around? What are the basic things you need to understand regarding contractor license? What are the essentials?
After completing your high school diploma or General Educational Development (GED) in some cases, you might want to consider attending a plumbing apprenticeship program. Although this is not the only way to become proficient within the industry, most plumbers use this technique to learn the necessary skills to become successful in the trade. Generally, apprenticeship programs last anywhere from 4 to 5 years.
The on-the-job training will primarily involve working with water pipes, fixtures, waste systems, and related appliances. Likewise, you will learn the safety practices, plumbing codes, working rules, and various regulations surrounding the plumbing industry. General studies pertaining to physics, drafting, mathematics, chemistry, and blueprint reading would also be tackled.
After you have successfully completed the apprenticeship program, you are now eligible to get your own plumber license and be called licensed journeymen. During this stage, you can accept jobs and perform plumbing tasks without any supervision. Though, keep in mind that you need to submit all necessary documents, pay the fees required to the state licensing agency, and pass the exam before you become a licensed journeyman.
If you wish to become a licensed master plumber, a 1-5 years documented experience is required, depending on state laws. Again, applicants must successfully pass an additional exam and meet the mandated state requirements before he or she can be called a licensed master plumber. Although used interchangeably, there is a big difference between journeymen and master plumber:
How to get a plumbing contractorโs license involves a few extra steps to reach your end goal โ to become a legal contractor. Holding a contractorโs license allows you to put up a plumbing business, hire a contractor, and subcontract work from other licensed plumbers. Each state has its own rules and regulations when getting a contractorโs license, see this article for more in-depth information.
Typically, the contractor's state license board requires applicants to pay an application fee and pass various examinations ranging from law, building code, and comprehensive business. Furthermore, you might need to present proof of financial credibility to declare your monetary resources demonstrating your capability to put up a contractor business.
See how much you could be saving, with best in class insurance partners. Start your application and get a free quote in minutes or call call (646) 844-9933 anytime.
While not every state requires insurance before contractor licenses are issued, having your own guarantees the safety of your business. Unforeseen events and undesirable situations may happen anytime and being unprepared can put your business in huge financial trouble. To be safe rather than sorry, getting the right insurance for your plumbing company serves as a defense against financial risks and business jeopardies.
Just imagine these scenarios; damaging your customerโs property due to unforeseen events, defective materials leading to substandard work quality that is not your fault, and negligence resulting to customer or employee injury. If you are unprepared, these liabilities will definitely lead to deep financial concern and worse, court battles. Contractors usually include these three major policies to protect their business.
The construction industry is not without competition. To stay on top of the game, you need to familiarize yourself with the latest trends and evolving challenges. Getting a plumbing contractorโs license might be easy, but being noticed and growing your business is yet another story. If you want to be successful, arm yourself with the right knowledge.
Though not required for plumbing contractors, getting a business degree or enrolling yourself to continuing education makes you well prepared for the long road ahead. Being a plumber and running a business requires two separate skills โ technical and applied. You might be good at fixing pipes but then marketing your business in the most efficient and effective way necessitates a different skillset. To sharpen your business skills, remember that:
Start your application and get a free quote in minutes or call call (646) 844-9933 anytime.