What You Should Know About
Starting an HVAC Business

Did you grow up around the HVAC industry? Are you ready to run your own company? Here are some important things you should know as you get started.

By: Joseph T. Prock

Maybe you’ve watched your family live the HVAC life, and now you feel like running your own business. Do you think it’s easy as 1-2-3? Of course not. Whether you’ve been in the industry for years, or you’re fairly new to it, there are many factors to take into consideration.

Here are a few of them:

Whether you’re acquiring or becoming a partner in an established company or starting one from scratch, there are certain steps you should follow to make your business successful.

Budgeting for the long haul

Just like any other start-up business, it takes time and perseverance to break into a new market. Customers have to get to know you through word-of-mouth, social media, and advertising. Remember, you’re competing against other established HVAC businesses in your area. Make sure you’ve got the funds to carry you through the slow times to pay your bills.

Hiring the right people

If you’re starting a business from scratch, you want to be sure you hire people who are not only trustworthy but also knowledgeable about the business. Word-of-mouth is a good way to ensure you find quality talent looking for opportunities, so ask around. If you’re more of a hands-on person, you might consider a partner to help you with the business side of things.

Getting the right equipment

Start your business off right by investing in good tools, the right equipment, and reliable trucks that can operate in extreme winters or hot summers. Customers do not want to be waiting for service to be performed because the company they hired doesn’t have the right equipment, so be prepared, and anticipate your customers’ needs.

Having the right philosophy

Whether you’re starting or acquiring a company, a positive, customer-first attitude is the only way to get your business off to a solid start. Philosophy is one thing while knowing the steps to take in your HVAC career is another. Start with a business plan that will set you up for success. Make sure you and your employees have the right credentials, such as a state contractor’s license, contractor’s insurance, and other HVAC credentials (NATE certifications, for instance).

Figuring out all the components of starting an HVAC business can be daunting. There are many parts of the equation to consider from acquiring start-up capital, hiring proficient help, to working out of your home or leasing space — you must be prepared to plan.

One thing is for sure — if you can weather the journey, stay focused, generate business, and hire for attitude and work ethic — your company’s success can be an inspiration to others who want to start their own HVAC business.

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