What to Do Before Starting a Handyman Business
Business Overview:
If you’re always being asked to fix something and you’re looking for a way to turn your hobby into a business, you should consider starting a handyman business. Houses, apartments and offices will always need repairs and the services of a good handyman are invaluable. When you begin to research how to start a handyman business, you are likely to find information on what types of licenses you need. This will vary by state but even if your state doesn’t require you to be licensed, it’s a smart decision to go ahead and get licensed. It will give you a solid advantage over your competition if they are not licensed. The next thing you should do before you start a handyman business is get project management software or learn how to use a spreadsheet program like Excel. Keeping good records of clients, projects, costs, etc. will be crucial to the success of your business. At this point it would be a good idea to work on a business plan that outlines what types of services you will offer along with a pricing structure. Determine how and where you will market your business and what type of referral program you will have. With this type of business, happy customers will be your best advertising mechanism. Before you know it, you will have enough calls coming in that you may need to hire help to handle some of the projects. Eventually you might find yourself running your handyman business from your home office and very rarely having to make any repairs yourself. With solid repair skills and a well-trained staff, this business idea is perfect for the handyman entrepreneur.
A Day in the Life of a Handyman Business Owner:
Your day will begin with a look at your schedule. You will gather your tools and supplies and head to the job site. If you have a staff working for you, you will make sure they know what jobs they’ll be working on for the day. You will likely stop by their job site(s) during the day to check their progress. If you don’t have any projects on the schedule, you will spend your day marketing your new business. You then might want to visit with local hardware and home improvement stores. You may want to see if you can add your business name to the referrals list at building supply stores and other businesses that sell to contractors. At the end of the day, you’ll record your earnings and check your schedule for the next day.
About Your Customers:
Your customers will be homeowners, property managers and office managers looking for high quality repair work.
What You Need to Start:
- Business plan
- Marketing plan
- License and insurance
- Various repair tools
- Truck or van to transport larger items
The Good:
- You can have a successful business doing what you love and what you’re good at.
- Handyman services will always be in demand.
- You can charge top dollar for high quality work.
- You likely already own much of the equipment and supplies you need so start up costs are low.
- If you do a good job, customers will call you again the next time they need work done.
The Bad:
- Making repairs can be hard work.
- It could take time to build up your client base.
Resources:
- The Association of Handyman Professionals
- National Association of the Remodeling Industry
- Bureau of Labor Statistics on Installation, Maintenance and Repair Occupations
- Wikipedia on Handyman
About The Author
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