After working in the heating business as an HVAC professional for ten years, I was ready to open my practice.
I knew that to get a working business plan, I should talk to the industry experts. Having information about the business from people who owned such a business would have been beneficial to me. I started with the heating technician at the company I had worked for. The meeting lasted almost two hours. I asked so many questions in all areas including the installation process and the steps involved in heat pump service. I learned a few things about setting up a business from my colleague including how to keep the electric furnace providing quality heating. One of the things included advising customers to schedule at least one furnace/heater tune-up for the ductless heat pump every year to keep it in good condition. After collecting a lot of information from different heating contractors, it was now upon me to sit down and come up with a great business plan for a homeowner solution. The business would involve dealing with different HVAC equipment including dual fuel systems and ductless HVAC systems. I would have an HVAC supplier department retailing different HVAC accessories and systems. Eventually, I planned to have several stores spread over the town. The business would also include a maintenance department that would handle any heating equipment repairs or service. After a week of going back and forth with the plan, I was finally able to come up with a workable plan for the business. The next step was to look for funding.