Contractors looking for a way to branch out or start anew may be thinking about starting up an HVAC contractor business …. And for good reason!
There is a good reason why contractors seeking to branch out or start a new business would consider contracting HVAC jobs. The field is lucrative in job security, opportunity and profit. As our days are getting hotter (especially here in Florida) demand is getting higher. Opportunity for repeat customers will always be there as it takes technical skill to engage in maintenance and repairs. The challenge really comes from branding your name as an expert in the field which is crucial. Word of mouth is key, and without it, you will be unable to compete. Once you’ve gained a solid cliental base, however, the road is quite sweet.
Step 1 – Get Training. If you are not experienced or a novice you must get the training necessary to perform the required duties. I recommend completing a course or training program. These training programs will best supply you with the experience and knowledge needed to install, maintain, and repair these complex systems.
Step 2 – Once you’ve learned the skills through your training, it is time to apply for your license. Each state has different criteria, but in general you will be required to have at least two years of experience under the supervision of a qualified contractor. Expect License fees to run roughly $200 – $300 per year. In addition, you will need to contact your local state licensing board to evaluate whether you will be required to obtain any additional certifications.
Step 3 – Do some research and buy a good insurance plan. More than likely, you will need liability and worker’s compensation plans, depending on whether or not you plan to hire employees. Various insurance companies and quotes can be found online.
Step 4 – You are only as good as your tools. It is important to invest in everything you will need to perform your duties efficiently. These will include:
- a capacitor tester
- foil duct tape
- coil fin tools
- sensor tubing
- spout oilers
- gas leak detector
- gas analyzer
- refrigerant leak detector
- combustion analyzer
- head gear
- first aid kits
- shoe covers
- a refrigerant recovery machine
Being prepared is vital to your success in this business.
Step 5 – Now you need a work Van. You can probably find good deals on Craigslist or local auctions. Consider also going to your local printer for vinyl signs or maybe even getting your vehicle wrapped. Make use of your mobility by branding and advertising your business.
Step 6 – As with any business marketing is critical. Create a website with a lead form and begin to run traffic to it through online marketing strategies such as PayPerClick on Google, Facebook, and Instagram. Always keep your pages updated with photos of your successful jobs. Promote out through contractor or service groups on social media. Spread the word and encourage others to do the same. Offer promotional prices to first timers or kickbacks to referrals.
Step 7 – Customer service. Once you are obtaining customers, treat them like gold. Always show up prepared, on time, and do your work well. Happy customers will be vital to your business because maintenance and repairs are inevitable and such as well, will be your profits.
Another option of course is to buy and HVAC Business. Below are 2 businesses located in South Florida that are ready to be acquired. If you are already an HVAC Technician or a General Contractor with a saavy business mind, buying an already established business alleviates the burden of building a business from the ground up.