In Nigeria, people build houses daily and will have the need for plumbing works, installation of pipes, etc. Plumbing business is highly profitable but however, requires a lot of strength, mentally and physically.This demonstrates why plumbing business in Nigeria will continue to be a necessity. Check out how to start the business in Nigeria.
- 1 Business Overview
- 2 What is Plumbing About?
- 3 Steps To Start a Plumbing Business in Nigeria
- 4 Sustainability Tips for Plumbing Business in Nigeria:
- 5 Conclusion
The nature of plumbing business makes it mandatory that people and businesses always employ professional plumbers to fix and maintain their own plumbing jobs. Plumbers are experts at plumbing services. They ensure that water pipes, sewer etc. are well kept and up to the standard of building codes.
This business is meant for persons who are ready to “get dirty” and get along with the seemingly complex nature of the work. It requires a level of flexibility and capacity to work long hours on a project.
What is Plumbing About?
Plumbing is any system that conveys fluids for a wide range of application. Plumbing uses pipes, valves, plumbing fixtures, tanks, and other apparatuses to convey fluids. The essence of plumbing in any building is to bring water into it, distribute it and/or remove the waste water from the building.
Types of Plumbing Systems
There are three main types of plumbing systems:
1. Potable Water System
The potable water system brings water into a structure from the different sources of water in the community.
2. Sanitary Drainage System
The sanitary drainage system removes wastewater from a building.
3. Storm-water Drainage System
The purpose of the storm-water drainage system is to carry rainwater away from the building.
The Profitability Of Plumbing Business in Nigeria
A Plumbing company is involved with different services from small repair jobs to more extensive repair and replacement of systems.
A plumber running a one-man company can make up to N5,000 per hour, which means working 8hours per day, can make him get up to N1,000,000 per year, with a Starting capital of N50, 000.
This business is a highly profitable business, daily in Nigeria, people are building houses and will have the need for plumbing works, installation of pipes etc. you need a plumber to handle these.
Market Demand For Plumbing Business in Nigeria: The Competition and Opportunities
As you carefully study your homes or office, you will discover at least one form of plumbing. Plumbing business traverse kitchen fittings, toilet fittings, bathroom, etc. Plumbing is one profession that can never go out of the market. The plumbing business market is constantly evolving and will continue to evolve. It is not, has never been and will never be a static profession or business.
Little wonder then why a lot of people who are not properly informed in the business often report scores of failure in the trade/business few years after starting. Stressing it once more, there stiff competition in this plumbing business in Nigeria. You can witness the presence of many plumbing materials shops along the streets in town.
This gives an idea that many people are into the business. Coming in newly may not be so easy. But setting a standard and having a good business plan which you meticulously follow, will give you an upper edge with time.
Steps To Start a Plumbing Business in Nigeria
The following provides the basic steps necessary to start a plumbing business in Nigeria:
1. Learn the Basic and Get Experience
If you are just coming into this business, you must first gain knowledge and experience. One way of doing this is to become an apprentice in a reputable firm. Alternatively, you can get formal education/training in the university, college or polytechnic in Nigeria.
2. Get Certified
Another option is taking plumbing-related courses. These are usually found in schools such as trade schools and other related colleges.
3. Develop a Good Plumbing Business Plan
The plan should include your initial start-up costs, business objective, market research, pricing for tools, materials, equipment, and transportation.
4. Register Your Business Name
Select a unique name for your business and register it with the appropriate body. Acquire a license according to your state’s requirements.
5. Pick a Good Location
Location is one of the most important aspects of plumbing services. Siting the business close to job sites is a good idea. Buyers want to cut the cost of transportation. The will be more than willing to patronize you if your rates and products are ok.
See some of the plumbing equipment you can sell or must have a successful plumbing business in Nigeria below:
- circular saw
- propane torch
- reciprocating saw
- work phone
- Extension cords
- Office space furniture
- one truck for transportation
- pipe wrenches
This covers staffing and advisers for Plumbing Business in Nigeria
If you are starting out, it is advisable to work for yourself, however, you may also hire a team of workers. These may include plumbers, but also an office assistant to handle orders, phone calls, etc.
Advisers here include the industry experts that have been in business for long, also including the Supplier of the materials for plumbing, Building Contractors, Estate Developer, and practically everybody involved in building construction.
Let us now consider how to market and boost the Profitability and sustainability of Plumbing Business in Nigeria.
Successful marketing can depend upon a number of factors, including:
1. Advertise by Word-of-mouth to Clients, family, and friends.
2. Share leaflets and flyers at every opportunity.
3. Create a distinctive and memorable logo and brand. Make these catchy and easily recognizable by customers and clients
4. Give out business cards.
5. Utilize all social media avenues.
Sustainability Tips for Plumbing Business in Nigeria:
Before you begin plumbing business in any area, others doing the same or a similar business have long existed.
To break even and make profits, you must amongst other things, innovate. By this it means offering attractive pricing and quality plumbing materials or services.
You also need to do an intensive market survey to know exact market demands and the reigning breakthrough strategies.
This is because like every other business, plumbing business continues to undergo constant changes. To be successful and beat the stiff competition out there, it takes more than meets the eyes to make a big catch.
These are some important things to know when starting a plumbing business in Nigeria.
It’s important to know that the success of your business lies in your determination, consistency, and love for your business. And with these helpful guides above, you should be a step close to achieving your own plumbing business.
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