This article and a lot of the discussion fails to make clear that there is a big difference financially between being a plumber/electrician/hvac tech and owning a plumbing/electrical/hvac business
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a big difference financially between being a plumber/electrician/hvac tech and owning a plumbing/electrical/hvac businessIt seems to cost about $10 to 50k to acquire the tools, vehicle and licenses to start a plumbing business. Is there something else that’s substantial beyond the normal attention to detail and savvy that every small businessperson must have?
It’s a grind to run this kind of business. You’re sometimes dealing with life and death situations (you’re liable for someone’s electricity or heating 24/7). Talent is really hard to come by at a reasonable rate, especially reliable master electricians or plumbers and the trades people that work under them. And then it’s an extremely cost and labor intensive business involving large machinery, equipment, and vehicles - inside people’s homes. (Watched my dad scale one of these businesses for 30+ years, his work was stressful and unending)
lol. 24/7 heat and electricity are not life and death situations. There are billions of people who live without either everyday