A Wirral boiler installation business can be a good option for plumbers who are looking to branch out. However, before you jump into the business you need to consider what you need to start a boiler installation business. If you do not carefully consider all the points then you could be failing to meet certain legal requirements.
The Skills And Qualifications
Before you start your business you need to ensure that you have all of the skills and qualifications required. In order to offer a plumbing-based service, you will need to have a qualification in plumbing such as an NVQ. If you want to start a business then you will need to have a level 3 NVQ. It is also recommended that you have accreditation from the manufacturers of the boilers that you are going to be installing. A gas safety certification will also be required as many boilers work on gas.
If you have all of the skills and qualifications to start a business then you need to look at the insurance you have to have. You need to take out public and product liability insurance. This will protect you and your customers from any damage caused during the installations that you carry out. If you are going to hire additional people then you will also need to have employer’s liability insurance.
When looking at insurance is it recommended that you contact an independent broker. They will be able to find you the best insurance policies for your business.
The Tools Of The Trade
Before starting your Wirral business you need to ensure that you have all of the tools required to complete a boiler installation. You will need a business vehicle as well as plumbing tools. It is possible to lease some of these items if you are unable to purchase them outright.
There are other tools that you need which are not necessary for the completing of the job, but will help your business. This will include a website where people can find your business and contact information. You should also look at marketing costs or advertising.
Registering Your Business
Once you have all of the equipment in place you will need to register the business with company house. It is best to hire a lawyer or accountant to complete this for you. They will know about the legal requirements for registering your business. It is also important that you have a lawyer and accountant that you regularly work with.
An accountant is necessary because they will have to sign off on your financial statements at the end of the tax year. They will also be able to submit your tax returns for you and ensure that your bookkeeping is done correctly.
There are a number of steps that you need to take if you are going to start a Wirral boiler installation business. You need to ensure that you have all of the skills for the job and that you have the equipment to complete an installation. Hiring professionals to complete your accounts and legal paperwork is recommended.