Opening an electrical shop can be very fulfilling. It’s thrilling to see your ideas come to life, and it can also be rewarding because you get to connect with people. The key is getting the right qualifications and experience before you start out. If you’re interested in opening an electrical shop, use this guide as a starting point.
Step 1: Get Your Licenses To ensure that you are compliant with all state regulations, make sure you have all your licenses before opening your business doors.
Step 2: Find Space With space costing so much these days, try using sites like craigslist or local classifieds to find a good deal on an old building that’s gone unused for too long.
The steps to opening an electrical shop
1. Do Your Research Before opening
The best way to get a good understanding of the electrical industry is to go and visit an electrical shop and talk to the owner. Explain to the owner what you want to do and if the shop owner has any experience in what you’re after. Go to different areas of the country and talk to electrical wholesalers, retailers and installers to get a good understanding of what others in the industry are doing in their shops. Also, go to the state licensing board and find out what the regulations are like.
2. Get Your Equipment
In the United States, you need a Specialty Occupational Tax Permit (SOTP) for electricity. In order to get your electricity license, you’ll need to have an inspection by the state licensing board.
Qualifications for opening your electric business
These qualifications can be applied to any electrical business, so make sure you know what you are getting yourself into before you make your big move.
Certified Master Electrician – This is a special title given to electricians who have completed thousands of hours of training and pass a special exam with 100% success rate. To be able to get this title, you will need to work for three years as an apprentice electrician, passing a rigorous exam.
Certified Master Electrician Apprentice – This title is for people who have completed a specified amount of time as an apprentice and have passed a rigorous exam.
Electrical Tech License – This is an official license that comes with certain restrictions such as not working on too many electrical equipment without a qualified electrician present.
Find the space you need
Step 3: Pay for the Building/Build With the money you’ve saved for rent and utilities, you can go back to searching for a building that will suit your business’ needs. While you can still rent a commercial shop, it’s not ideal to do that without a plan. This is why you’ll have to take time to plan out what you want your space to look like.
Step 4: Do Your Interior Work Now that you have the space, it’s time to do your interior work, like replacing windows, installing electrical outlets, flooring, and walls.
Step 5: Get Customer Training
Check your customers to make sure they know what to expect and what they want from their electrical service. You should also take the time to train employees so that they can answer any questions or concerns customers may have.
Get a license
To legally operate as an electrical contractor, you need to get your licenses. You can only work in certain jurisdictions if you have a license. This might be the type of license you need depending on the type of work you do.
Since electrical contracting is a fairly specialize business, you need a license that allows you to work in specific parts of the state or country. For instance, an electrical contractor in Florida is going to need to get a license that allows them to work in a large amount of the state. If you do contracting, you need to check out the state regulations to ensure you are complying with all state regulations.
Outline your plan
If you want to work from home or be able to run your business from a rental property, you have to figure out how much space you’ll need for your work area, employees, and deliveries. Also make sure your storage is adequate. Keep in mind that, as you get more qualified, you’ll need more space.
Set a realistic timeline for your growth. Make sure you don’t get frustrate if it takes longer than you expected.
Find the right staff
Some things will need to happen before you open your shop. For example, you need to get a contractor’s license to build your electrical wiring, and you need a crew leader’s license to be a general contractor, which is a very involve process.
Look for candidates who have good communication skills.