Whether you are a small, medium or large scale business, it is always important to mitigate losses. By being economically fluid and understanding your working capital ratio, it will allow you to have disposable revenue for any unforeseen problems that may occur.
Every business will face different challenges when starting up, although brick and mortar businesses can have a higher costs when starting, and more things to consider than an online business. You might not have thought of this initially, but when you’re considering a new premises for your business, you need to ensure it’s a solid choice from top to bottom. That means that you’ll need to ensure that the plumbing and framework of the building isn’t going to cause you problems down the line.
We understand that things can go wrong, which is why we interviewed a number of commercial plumbers in Melbourne to try to find out the top problems they have had to deal with. We figured who better to explain the possible hiccups than the people who are brought in to fix them?
The below five plumbing considerations are a good place to start when reviewing a brick and mortar property, and these considerations can also be applied to all property types, not just businesses.
Tip 1: Check your gas fittings
If your gas fittings are poorly serviced or badly fitted, it can create gas leaks, which is a concern for all parties involved. By being at risk of a gas leak, it increases the likelihood of carbon monoxide poisoning, fires and even explosions. Although not all gas is as poisonous as carbon monoxide, whenever you smell a gas leak, call someone immediately to get it checked out.
A professional will be able to use the latest technology to trace the origin of a leak and fix it quickly.
Tip 2: Fire service repairs and replacement
Fire safety equipment is a very valuable addition to your business – and even essential in most cases. Working equipment will reduce the level of fire related risk your business is exposed to.
Having a trusted commercial plumber who can repair, maintain and replace fire safety equipment will be a great investment. Please make sure you use a trusted commercial plumber, as it is essential that the fire safety standards are adhered to.
Tip 3: Backflow testing and prevention
For all businesses, it is mandatory to test your backflow, to make sure there is not any water contamination. Business owners are required to make sure the correct backflow device is installed in their property, and that regular audits of the drinking water are performed. This is set in place to prevent any chemicals or waste from making their way into the drinking water supply.
Tip 4: Choose a green accredited plumber
From a business perspective, it is important to employ someone who is up to date on the best energy saving devices and appliances. It not only helps your business’ environmental footprint, it ensures that your business is meeting Environmental and Public Health Standards. Plus, in a practical business sense, over the course of your business, you will see a direct benefit of the reduced consumption of water and energy. Going green will help in that you will eventually receive both monetary and environmental savings.
Tip 5: General site maintenance and audits
Businesses are required by law to conform to any mandatory industry requirements or standards. General audits and site maintenance is a great way to keep on top of these requirements. Keeping on top of these standards means that you are less likely to be hit with an unexpected bill. Plus, you can ask for a maintenance program which is tailored to your industry. This will make sure all of your bases are covered, and that your plumbing services are always up to the latest standard.
When it comes to plumbing, these are just a few considerations for business owners. In summary, it pays to be aware of what’s going on in your local industry and to choose a reputable plumber that is able to offer credible advice.