Settling In As An Electrician: Knowing Everything

To create a general electricity company or to set up an electrician, it is to intervene with the private individuals, the companies, the administrations or the communities for the creation, the putting in the standards and the maintenance of the electrical networks inside and outside. The electrician is laying cables, wires, switchboards, electrical cabinets, and outlets. The electrician like an level 2 electrician sydney can also install electrical equipment and intervene on the networks.

We Distinguish :

Electricity services in strong current: it concerns the transport of electrical energy for lighting, heating … low-voltage electricity supply: it involves the transport of information signals (telephone, computer networks, etc.). Electricians are building professionals. In 2017, there were around 50 000 electricians in the USA, which makes it a very fragmented market. Here’s what you need to understand to set up an electrician or start a general electricity business.

Install Electrician : The Market.

The electricity market is dominated by small and tiny businesses, which account for nearly 70% of the market players. To create an electricity business is to intervene in a market that has the following characteristics:

It Consists of Different Segments:

The demand for the construction of new buildings, which strongly suffered the economic crisis of 2008. The electrician works from the drawings and plans provided by the architects — the renovation market, which continues. The electrician adapts and upgrades existing electrical networks. 

For The Retail Market, The Most Promising Trends Are:

  • home automation,
  • automatisms,
  • outdoor lighting,
  • energy savings,
  • Training,
  • Settling in as an electrician: choosing your business position.

 

To Successfully Install As An Electrician, A Clear Strategy And Positioning Must Be Defined :

Which market segment to target? It will probably be difficult to intervene at the same time in the nine, in the renovation and the repair. Speaking in the construction of new buildings may no longer leave time for the rest. You must choose your side!

If the targeted clientele is that of individuals or tiny businesses, it could be good to offer a range of services large enough to interest customers: alarms, home automation, landscaping, troubleshooting …

The Regulation Of The Profession Of An Electrician.

Electrician activity is regulated. Settling in as an electrical craftsman means controlling electrical standards and regulations.

The activity belongs to the craft industry: the competent formalities center is that of the Chamber of Trades and Crafts. Therefore, it is essential, to be able to settle:

to justify a diploma of an electrician (CAP, BCP, CQP, Bac pro, BP facilities and electrical equipment, BTS …) or, failing that, an experience of at least three years,

to do an internship for installation at the Chamber of Trades and Crafts (click on the link to learn more and know any exemptions).

Make a business plan or “financial plan” for the creation of an electricity company.

Feel free to use the Excel WikiCrea tool to quickly develop your financial plan and measure the profitability of your activity. It’s free.

Which legal regime to choose to create an electricity business?

Reminder: Creating an electricity business is done at the Chamber of Trades and Crafts.

Here are the different legal statuses for setting up your general electricity business:

The micro-enterprise (e.g., auto-entrepreneur regime): this is a very simplified status and suitable for this type of activity, at least at the start, it is an appropriate status. The company manager determines his remuneration, which serves as a basis for the calculation of social security contributions,

The SASU: this is probably the most suitable status for this type of activity. The SASU makes it possible to avoid social security for the self-employed (ex-RSI).

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The Steps Of Creating A General Electricity Business.

Here are the main steps to install an electrician:

  • Choose your legal status and register (CMA),
  • Take insurance: the decennial insurance is obligatory (click to know more),
  • Buy the necessary equipment for your activity (tools, vehicle …),
  • Start the communication and the business,
  • Find your customers (click to read our dedicated article).
  • Free Excel tools to manage your business.
  • WikiCrea offers you free Excel tools to manage your business:
  • a biller to establish quotes and invoices: click here to access it,
  • a cookbook, mandatory for auto-entrepreneurs: click here to access it,
  • a cash tracking template: click here to access it.

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