Getting Started Guide: Running a Trade Business

1. Setting Up Your Business

Before you start taking on work, ensure your business is set up correctly:

• Choose a business structure: Sole trader, limited company, or partnership
• Register with HMRC: Set up for Self Assessment or Corporation Tax
• Get insurance: Public liability insurance is essential
• Trade qualifications: Ensure you have required certifications and registrations
• Business bank account: Separate business and personal finances

2. Essential Tools and Equipment

Invest in quality tools and equipment from the start:

• Core hand tools for your trade
• Power tools and equipment
• Vehicle (van or truck)
• Safety equipment
• Mobile phone and tablet

Start with essentials and add equipment as your business grows.

3. Setting Up Your Systems

Good systems from day one save time and prevent problems:

• Job management: Track all jobs and customers
• Quote system: Create professional quotes quickly
• Scheduling: Organize your calendar efficiently
• Accounting: Track income and expenses
• Customer database: Store customer information

Consider using business management software like TradePlan to handle all of this in one place.

4. Finding Your First Customers

Getting started can be challenging. Try these strategies:

• Word of mouth: Tell friends, family, and contacts
• Local advertising: Flyers, local newspapers, community boards
• Online presence: Website, social media, Google Business Profile
• Trade directories: Register with local trade directories
• Networking: Join local business groups and trade associations

5. Creating Professional Quotes

Your quotes are often your first impression:

• Use professional templates
• Include all costs clearly
• Set validity periods
• Follow up on quotes
• Track quote success rate

6. Managing Your First Jobs

Once you land your first jobs:

• Confirm all details with the customer
• Arrive on time and prepared
• Communicate clearly throughout
• Clean up thoroughly
• Request reviews and referrals

7. Building Your Reputation

Your reputation is your most valuable asset:

• Always deliver quality work
• Be reliable and punctual
• Communicate clearly
• Request reviews from satisfied customers
• Build relationships for repeat business

8. Growing Your Business

As your business grows:

• Invest in better tools and equipment
• Consider hiring help or apprentices
• Automate repetitive tasks
• Focus on your most profitable work
• Continue learning and improving

Next Steps

Starting a trade business is challenging but rewarding. The key is getting your systems right from the start.

Start your free 14-day trial of TradePlan to set up professional systems from day one. No credit card required.