Starting an electrical business requires you possess the following educational or technical training, equipment, licensing, and a sound plan in marketing and business strategy. Depending on your state, some states require you to be tested before you are issued a licensed. Like other businesses setting up an electrical business also follows similar procedures.
The following are what you need to start up your business.
- Obtain your educational or training certificate in a certified electrical trade school or apprenticeship program. You can see your local electrical union representative to guide you on the training or education requirements as regards your area.
- Your state department of licensure will give you the information on how to get your license. It may require you write pass test and fill up some paperwork to get the state electrician’s license.
- There is a need to formulate a business plan for your electrician business. Your business plan must contain all necessary details such as your marketing and business strategies, advertising plan, financial projection, etc. For assistance in writing your business plan you can go through a consultant or the US small business administration website, this is necessary as it will help you to secure financial assistance (loan) from bank or other lending institution.
- Register with your secretary of state by filling your business structure paperwork be it sole proprietorship or partnership or corporation. After then you need to obtain a your business permit, tax registration certificate, state contracting license, tax identification number and employer identification number. You can get all this from your town hall, state taxation and licensing office and the IRS.
- Get funds to purchase the necessary equipment and vehicle depending on the preference or type your electrical work you choose to do.
- It is also advisable you insure your business. Go to an insurance broker to purchase a liability insurance for your business.
Some of the challenges you can expect from being an electrician
- Being an electrician means you can be called for work in home, offices, schools, factories and construction sites, this might take you out of your area travelling short and long distance taking much of your leisure time.
- The nature of electrician work sometimes requires standing and kneeling on a constant basis or working in close spaces which is really tiring and claustrophobic. Some of the electricians that work in big factory are subject to noises from machinery.
- Electricians are highly subjected to injuries and sickness during the course of their work, they can suffer from electric shock, injuries from falls, burns and some other minor ones, but don’t worry too much as there are protective materials to wear which will prevent you from these injuries. Also it is important that you follow all the safety instructions provided for you.