Are you tired of working under an employer or fed up of working tirelessly under somebody? Are you talented in fixing up one thing or the other or you intend to be freed and be working for yourself? Starting a handyman business can be an option to consider in achieving these goals. Studies have shown that people are ready to go extra miles to pay someone who solves their problems and give them relief. A handyman is always needed every hour to fix up things or solve a problem.
Some people have considered the idea of starting a handyman business an attractive one with a lot of advantages, such as having the liberty to choose the kind of job to do, working at your schedule and pace, setting your price, be the boss of themselves, and much more. However, they usually find it difficult to get started because they lack required information to start and sustain a handyman business.
Of course, it is not easy to get started, as you would need the technical-know-how to effectively start a handyman business that would bring results. This article aims to answers most of the questions asked by intending handyman business minded people.
What is a handyman business?
What are the steps involved?
What are the pros and cons of starting handyman business?
These and much more will be discussed in this guide. Let’s dive into it straightaway.
What is a Handyman Business?
A handyman business can be described as the one that offers a wide range of maintenance services in the buildings and offices. Many homeowners are always in needs of maintenance services and they are always on the looks for someone to solve their domestic maintenance problems. Recently, handyman business is gaining more popular as more people are developing interest in starting this business, acquire skills to solve maintenance problems and set up a handyman business in the field to make ends mean. Some of these services provided by a handyman are:
- Electrical works
- Heating and cooling services
- Home security installation and repairs
- Lawn care
- Garage door repairs
- And other building maintenance repairs and services
The question now is “what doesn’t it take someone to start a handyman business?” “What are the steps involved in starting a handyman business?”These will be discussed next in this post.
What Steps are Involved in Starting a Handyman Business?
The key to starting a handyman business is your skills and potential in solving one maintenance problem or the other. Remember, starting a handyman business doesn’t mean you have to do it all alone. Some handyman businesses involve a team of experts; hence, you don’t need to wait to acquire all skills in doing everything before you start a handyman business. It is essential not to reject any volume of job, either small or big. Small jobs can bring bigger ones and open doors for more clients as one client keeps telling other people about your expertise. To start a handyman business, follow these five simple steps:
Step One: Examine your skills: Your first step to starting a handyman business is to evaluate your creativities and skills, and see if there is a need to develop more skills for effective deliveries. Make a list of these services you can render based on your current skills and experience. From your list, you would be able to decide which way to go in achieving your goal. You may need to get tools to carry out your works or to procure tools for your employees to use.
Step Two: Get a business name and license to operate: Wow…. You have a long list of services you can offer! But before you get carried away with your long list, ensure you make inquiries about how handyman businesses are being run in your state. Is there a need to get a business license or contractor’s permit before you can operate in your environment? Whichever way, getting a business name for your handyman business, get registered, and getting your business license is important to make your brand relevant. They are an investment in your business for the future purpose; you never know what it may transform to in the near future.
Step Three: Set your pricing system: There are different sizes of job; hence, it is not one price for all. Handymen charge based on the volume of job involved. It is essential to determine how much to charge for each service rendered. Remember you are just starting, and you would be looking for clients; so, ensure that you don’t place much value on money. Firstly, deliver excellent services to your customers and that huge charges will come late after you are well-known for your good deliveries. However, some factors such as professionalism, work efficiency, reputation, selling ability and much more should be taken into consideration when setting your pricing system.
Step Four: Develop a marketing strategy: Since you have gotten idea about what to start, getting permission to operate in your state, and set your pricing system, the next stage is to develop a basic marketing strategy to advertise your business to your targeted audience. There are available ways to reach out to your ideal customers, as many people are out there searching for your services. All you need to do is to put the message right in front of them either online or offline. Remember, we are in a competitive world; you may see many other people offering the same service as do you do. It is important you intensify your marketing plan as you grow.
Step Five: Deliver a quality job: One good term deserves another. One of the vital catalysts to a successful handyman business is quality deliveries. If you deliver a quality service to a client today, there is no doubt you wouldn’t be called upon next time. Apart from this, you tend to gain more clients through words of mouth. Ensure you are skilled in what you do and don’t stop learning new methods.
What are the Pros and Cons of Starting a Handyman Business?
Starting a handyman business has been shown easy and profitable with the above information. However, in your quest to starting a successful one, you would discover there are pros and cons associated with it. These pros and cons are as listed below.
The pros of starting a handyman business include:
- You are at the liberty of taking decision in your business
- You can start with low costs if you have already been equipped with the required tools and equipment
- High profits with your experience
- There are generally low overhead expenses
- You can set your price as wanted
- You have the opportunity to work at your pace
- You tend to enjoy clients’ referral and word of mouth as some of the ways to market your business
- You can choose who to work for, such as homeowners, offices, estate agents, and much more.
- You may need liability insurance in some businesses
The cons of starting a handyman business include:
- Some handyman business may be seasonal
- You need experience and skills to start a business
- You may require contract license or permit to operate.
- You must meet some criteria to qualify for a license and this can be challenging sometimes
- You have to provide tools and equipment
- You must be in your right physical condition to operate
Starting a handyman business is the best option to free yourself from the bondage of working all through the day under an employer. Setting up one only takes simple steps if you have what it takes to start it. The benefits are unlimited, as both short- and long-term benefits are attached to starting a handyman business. Are you still contemplating about the actual handyman business to start? Relax! In our subsequent posts, we will be discussing in details on some handyman businesses you can start immediately. Just stay tuned to the page!