Simple Ways to Start a Profitable Handyman Business

Are you thinking of starting a handyman business? Being a handyman has a lot of advantages - you can choose the type of jobs, the people you will work with, set your schedule, set your rates, and have complete control of your income. 

This article will help you through steps you need to take in order to set yourself up for a profitable handyman business.

start your handyman business

Study your market

Determine whether you have a demand for your services in the area where you plan to put up your business. Almost all cities have handyman services available, make sure to analyze whether you have fair competition in the area.

Check out competitors

Handyman businesses that have been running for a long time have already ironed out the learning curves of starting a handyman business. To learn more about them, try checking out their website and the list of their services and price list. You could also have some coffee with a local handyman and get advice from them.

Learn the law

First and foremost, you will most likely need to have a contractor’s license. Before coming up with your final lists of services, you need to find out what other permits you will need to provide the service you want. Make sure to read the contracting laws in your states - since every state has different regulations. 

Set your pricing

Setting your price, especially as a starter, can be difficult because of the psychology and limiting beliefs at present. You should consider your work efficiency, experience level, reputation, ability to sell, and professionalism. To figure out where to start, do some research with some local handyman. Check out their websites, view their price list, but make sure to study their profile. Long-running businesses tend to price higher since they’re more experienced and can be well-known in the area - you can set your price a little lower from theirs.

Bring in customers

Reach out to your potential clients. Your business won’t earn if you sit around. Spread the word! Advertise with flyers, on social media, and build your website. People nowadays tend to search for your services online, so be sure to have an online presence in your local online community.