In December 2017, the Tax Cuts and Jobs Act (TCJA) passed, giving small businesses such as plumbing and drain cleaning operations access to some beneficial tax code changes. In print, the TCJA runs 274 pages—too long to outline in a blog. However, the essential changes include
Venay Sehgal Bhatia
Recent Posts
How the Tax Cuts and Jobs Act Affects Your Plumbing Businesses
Topics: Business Series, The Drain Business
Growing your plumbing business presents many challenges, but building a reliable, trustworthy and dedicated team is usually one of the biggest. Employees must be willing to do everything it takes to do the job, while still staying safe and protecting themselves and your company. For your budding plumbing or drain cleaning company to succeed, you need to have straightforward expectations in place for your employees. They should know what you require from them and what they can expect from you.
Topics: Business Series, The Drain Business
What’s your strategy for a successful 2019? Here’s a list of nine things you can do to grow your plumbing and drain cleaning business. Make 2019 a year for the record books!
Topics: Business Series, The Drain Business
Business Series: Website Design Basics for Plumbers and Drain Cleaners
Your website creates the first impression many customers will have of your business. Thankfully, designing an attractive and professional website is easier than ever, and following a few simple rules can keep your site looking neat, put together, and approachable. This article is second in a two part series. Check out Developing Your Business Website for tips and tricks on how to start building your website and the information you should include.
Topics: Resources, Business Series
The year is nearing its end. Have you taken advantage of the tax breaks available to plumbers and drain cleaners?
Topics: Business Series, The Drain Business
Business Series: Developing a Plumbing Website
Not too long ago, people relied on word of mouth or the phone book to find a plumber or drain cleaner. Now, customers are more likely to search online. If you don’t have a website, you may be overlooked. In fact, research shows six out of ten consumers expect businesses to have an online presence, and more than half of these consumers head straight to a company’s website when they want information.
Topics: Business Series, The Drain Business
Cable Machine Blades and Attachments Guide
To do a job right, you need the right tools. When it comes to cable machines, the appropriate blade type and proper application are essential to success. Before unclogging a drain, inspect both the blockage and the line to figure out which attachments will be best. The pipe diameter determines the cable size you should use, which end tools will work, and how the end tools attach.
Topics: Problem-solving, Resources
Did you know the average small business waits 21 days to get paid? Or that the average small business has only 27 days worth of cash reserves on hand? These stats are jarring because cash flow problems can have major ramifications for your plumbing and drain cleaning business. Healthy cash flow is important to survival, and it requires more than the right amounts of money coming in and out; you have to take timing into account, too. Getting paid on time and in full is key to the success of your business.
Topics: Business Series, The Drain Business
Eighty-two percent of all businesses fail because of poor money management. Given this number, ensuring effective money management should be a priority for any small business looking to thrive and succeed in today’s economic environment. And having a thought-out, well-written and executable budget is a necessary component of running a business that can withstand common financial roadblocks. Budgeting can help your business become financially sustainable by helping you:
Topics: Business Series, The Drain Business
As a small business owner, deciding your hourly rates is one of the most important tasks that you face. You have to look at your business in a holistic manner, balancing costs with profit, and calculate a number that can satisfy both.
Topics: Resources, The Drain Business