Was I WRONG to buy ANOTHER plumbing company?📉 - Ep 25

Поділитися
Вставка
  • Опубліковано 7 вер 2024
  • In this video Ryan talks about the last 12 months after buying another plumbing & heating company - BHE services
    This video is broken down into the following:
    1 The deal
    2 Structure of the company
    3 The problems we have face
    4 Benefits of the takeover
    5 Marketing used to grow
    6 Plans moving forward
    Join us for an inside look at how we’re working to grow and enhance our plumbing and heating business!
    Who are RJ Martindale? 🔥 💧
    We are small business in Bolton with big ideas!
    We have a solid team of 17 with 11 vans out on the road.
    We recently took over a second Plumbing Business covering Lancaster, Morecambe and the Lake District.
    Ryan plans to document the journey of growing a Plumbing Business, this will be to update his team and anybody else that decides to watch!
    My Socials:
    Instagram: rjmartindaleltd
    Website BHE www.bhe-servic...
    Website RJMartindale rjmartindale.c...
    Facebook: rjmartindale
    👍 Enjoyed This Video?
    If you found value in this video, please consider giving it a thumbs up and subscribing for more insightful content on business growth, marketing strategies, and entrepreneurship.
    🔔 Turn on Notifications:
    Don't miss out on future updates. Hit the notification bell to stay in the loop!
    Share Your Thoughts:
    I'd love to hear your experiences and questions. Drop a comment below and let's start a conversation!
    Thanks for Watching!
    Your support means the world to me.

КОМЕНТАРІ • 31

  • @JSSHandP
    @JSSHandP Місяць тому +1

    Another great video 👍
    Van issues are the biggest pain for my business at the moment. Nearly £4K on my van repairs last 2 months. Getting it serviced every 6 months now.
    From watching your videos I’ve just put a couple grand into a website and £300 a month to a marketing agency

    • @rjmartindaleltd
      @rjmartindaleltd  Місяць тому

      Sounds like a painful couple of months pal 😬 keep pushing on
      Good move starting investing into your marketing, just remember it takes time and keep pushing for Google reviews 👊🏻

  • @user-bf9vh9nn6k
    @user-bf9vh9nn6k Місяць тому +1

    I think you and your team have done fantastic job in the last 12 months and you were right to do what you’ve done, carry on with the same The same way and God willing you will do very well also on the van side make sure they are serviced correctly as there is some issues with the newer engines on ford vauxhall and Peugeot . Great video, hope everything keeps going well

    • @rjmartindaleltd
      @rjmartindaleltd  Місяць тому

      Cheers Luke appreciate your comment 👊🏻
      We will definitely be keeping on top of van checks

  • @offthetools
    @offthetools Місяць тому +1

    Great work! Looking forward to seeing whats next for you!

  • @heatpump8566
    @heatpump8566 Місяць тому

    Love your vids and your passion. Been a plumber/ heating engineer for 30 years, would love to work in your company. The whole vibe is fantastic and energetic

    • @rjmartindaleltd
      @rjmartindaleltd  Місяць тому +1

      Love comments like this, cheers pal
      Much appreciated
      We have a great team, you sound like a good fit 👊🏻

  • @MulticoElectrical
    @MulticoElectrical Місяць тому +1

    Great video! I’m just taking over another electrical company with 25 years plus trading but I’m buying the assets and customers. Going to be going through very similar issues. Nice little nod to James Sinclair at the end 😉

    • @rjmartindaleltd
      @rjmartindaleltd  21 день тому

      Let me know how you get on pal
      Good luck with it all
      JS is the man 👊🏻

  • @richardmcmahon9526
    @richardmcmahon9526 Місяць тому

    Hi RJ good video on problem solving bhe it’s not a problem to you all the years of practice fixing boilers. Fair play
    Just wondering,
    Can you attach the boiler brochure to UA-cam video for people to view maybe?
    Plus your typical engineer service check routine on combi or system boilers and the time it takes in a normal scenario to hit all the checks? (just the boiler no hob or gas fire etc. when all is going well with a service. )
    It would be handy to be able to see it as a reference and it’s to a high standard by the sounds of things in this company.
    I’m just nosy by the way!
    Anyway nice work by you and team looking forward to next video 👍

  • @andyportbury1841
    @andyportbury1841 Місяць тому

    Personally I wouldn’t be overpaying off bhe. Profitable business’s go bust due to lack of cash. Keep it back to reinvest further in the business.
    I would also consider your company structure, not sure if you are running two Ltd companies but even if not two brands could mean 2 payrolls accounts insurance software etc. if you can combine the 2 together it could save you a lot of time, effort and money.
    One brand would also make your life much easier. BHE since 1971 surely is a great selling point for customers.
    Keep up the great videos! Brilliant to see it’s all an upward trajectory 🤩👍

    • @rjmartindaleltd
      @rjmartindaleltd  21 день тому

      Cheers Andy, great comment as always.
      I will see how the next 12 months go and make some further decisions then 👊🏻

  • @Signshack
    @Signshack Місяць тому

    Favourite channel. 👍🏻

  • @Liam_Hirst
    @Liam_Hirst Місяць тому

    If I was a young engineer based over your way I’d be doing everything to get a job in your firm.
    Seem like a proper company who cares and is going places

    • @rjmartindaleltd
      @rjmartindaleltd  Місяць тому

      Cheers Liam, Love comments like this 🙌🏻

  • @shavenhaven6869
    @shavenhaven6869 Місяць тому +1

    I have a 07 Toyota hiace. Looks a mess but I'm absolutely rammed. And charge good money. Maybe change to a fleet of hiaces. 😅

  • @alistair4194
    @alistair4194 Місяць тому +1

    Interested to know how strong the RJM brand is as streamlining the brands would enable more coverage. If you choose to go out of area towards the south which brand would you use?

    • @rjmartindaleltd
      @rjmartindaleltd  Місяць тому +1

      Good question, I haven’t thought about it too much but Manchester would be strong and easier with RJM, it’s only 20- 30 mins from Bolton with 2x the population

  • @phobos.289
    @phobos.289 26 днів тому

    When you first started offering home care, did you have a target number of customers that would make it viable? As some breakdowns could cost you 2 or 3 years worth of cover for one customer on one job. Also do you have a limit until you would class the boiler BER

    • @rjmartindaleltd
      @rjmartindaleltd  22 дні тому +1

      I will answer in the next video pal
      Some you win and some you definitely lose !

    • @phobos.289
      @phobos.289 22 дні тому

      @@rjmartindaleltd cheers mate

    • @petersmith2650
      @petersmith2650 21 день тому

      Would be really interested to hear about your home care Ryan. Great vid as always

  • @Kieran-jq5kk
    @Kieran-jq5kk Місяць тому

    Ever thought about getting involved in renewables mate? ASHP etc?

  • @user-bf9vh9nn6k
    @user-bf9vh9nn6k Місяць тому

    Have you thought about air source heating for more work did my training last year so your engineers would be more than capable

    • @rjmartindaleltd
      @rjmartindaleltd  Місяць тому

      Yeah we will do, we did the F-Gas first, heat pumps will be next

  • @mrsayef1059
    @mrsayef1059 19 днів тому

    Is it combi soft or commusoft