ClearFlow Plumbing & Heating
“Service plans pay the office staff. Emergencies pay for growth.”
Estimate · Based on similar plumbing & heating businesses in Australia, including ones that closed.
Estimate
✓Your budget should cover this.
Bills run about $1,020 a month (fuel, insurance, rent, phone). Most owners make a profit after about 2 months. Keep this much aside to pay bills until then.
Plumbing licence from your state, after an apprenticeship.
Electrical work needs a licensed electrician.
Not usually needed. Some states ask for home building insurance on larger jobs.
Get a free ABN from the Australian Business Register. Register a business name with ASIC (about A$45 a year) if you trade under one.
Free to about A$10 a month. Keeps business money apart from yours.
Sets up your books and files your first tax return.
Estimate · Before costs. Winter peak for heating.
| Slow | Typical | Strong | |
|---|---|---|---|
| Year 1 | $5.3k | $10.5k | $20.6k |
| Year 3 | $14.1k | $25k | $44.4k |
| Year 5 | $17.7k | $32.5k | $59.6k |
Slow: 1 in 4 make less than this. Typical: half make more, half make less. Strong: 1 in 4 make more than this.
Estimate
“Service plans pay the office staff. Emergencies pay for growth.”
Estimate
$14.5k
about $235k
Starting costs about $221k less. Buying costs more, but you earn from the first month and skip the risky early years.