How to Start A Handyman Business? Step-By-Step Guide in 2024
by Ankita Tripathy Business Published on: 14 July 2022 Last Updated on: 06 December 2024
Starting any business alone is difficult, let alone in the service sector.
But if you are good at it, it doesn’t seem like much work at all.
Now that you have decided to start a handyman business, you must be good at renovations and handiwork yourself.
Suppose you have worked as a handyman for years and are good at it. Hence, the natural next step for you is to start your own business.
Who is A Handyman?
A handyman is a person who offers their service to work some repair or renovation work in your house. Moreover, they have the skulls for maintenance, repair, renovation, and construction.
Suppose starting a handyman business is a good idea or not. Then let me tell you, starting any business has certain risks you must endure.
But, according to recent market growths, it has been seen that the handyman business is steadily growing.
- In America, the handyman service received a 3.4% growth in the market.
- Growth in market size by about $4.9 billion.
- Between 2015 to 2020, the annual market growth was about 4.6%.
Read More: How To Start A Pool Cleaning Business? A Step-By-Step Guide
How to Start A Handyman Business?
If you have created a perfect idea for your handyman business, then great!
But there are a few things you still need to figure out and plan out before properly launching your business.
Therefore, here is a list of things you must follow to launch an excellent and successful handyman business.
Steps to Start A Handyman Business
Starting a handyman business might sound like a straightforward deal. However, there are so many stages that you need to fulfill before you can start a handyman business.
1. Make A Business Plan
Starting any business primarily depends on how you plan the whole damn thing. This is the most crucial step of all. Making a framework for your business initially is very important.
With a proper business plan, it is possible to know what your next step should be. Hence, while starting a new system, you should ask yourself a few critical questions in the beginning,
• What Are The Expenses A Handyman Business Has To Go Through?
As the owner of a handyman business, you should know how much a handyman business usually costs. As a result, you can start a handyman business in the US with just $1000.
• Who Is Your Target Audience?
Before starting your business, you should know who your target audience is. You need to do thorough market research and establish an audience base. Whether you are in for repairs, renovation, or construction, these are the things you need to develop initially.
2. Create A Business Website
For any business, you need a website that will be readily available in the search engine. Through a valid, user-friendly website, your audience will have faith and trust in your business. As a result, it can also set you apart from your competitors as well.
3. Handyman Business Software
To help you get into the groove, there is excellent handyman business software that allows you to do your business. This software lets your clients and customers keep informed about your business updates and organized.
This software will make your services easily accessible to your clients and customers. They can track their previous service history as well.
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4. Market Your Business
Any new start-up business needs a good marketing strategy to begin with. Marketing helps you expand your business with a wide range of audiences.
For any booming B2B marketplace, you need to have a marketing strategy in hand, along with advertisements. A few of the marketing strategies you need to be on top of are,
- Boost your business expertise and service experience through certifications and valid courses.
- You need to design flyers for your business. They can help you get noticed rather quickly in a smaller radius.
- You need to have active social media accounts. Social media is the best place to promote your business; you must be active there.
5. Get A Legal License
Before you start your handyman business, check with your local authorities whether you need a permit or license. Though a handyman business usually requires no permit or license, you should check.
6. Get Your Business Insurance
Let’s agree that there is some liability when working for someone else, especially in their house. So, it is also better to have an insurance plan for your business from any loss of fortune.
7. Draw A Legal Structure
Before starting any new business, there are a few legal obligations you need to ensure. Firstly, you must register your business with the local authorities through an LLC.
There you must register your handyman business name. Hence, pick a good name to go with you business brand. Later, it can be used for logos, websites, uniforms, and business cards.
8. Open A Commercial Bank Account
Opening a commercial bank account is very important. People often need to remember this step. You should always keep your business and personal finances separate.
This also helps you to track your business’s finances, which include cash flows, overhead costs, and employees’ salaries.
9. What is Your Brand About?
Your brand is what represents your business. You need to have a clear brand image and goal. With a strong brand image, your business will stand out.
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10. Build A Team
No one can work alone in any business. Every business need support staff to run the business properly. You need to find people who fit your brand image and will be an asset to the company.
Along with handyman work, a lot of internal and technical work goes around in a business. So it is only possible for one person to handle some things. A team is highly needed to run a business smoothly.
People Also Asked
We have covered all the points you might want to know about starting a handyman business with limited resources. Here are some of the questions that people are also asking.
1. Can I Teach Myself Business?
You can teach yourself anything you want. Having an MBA degree in business knowledge is optional.
2. Does Ohio Require A Handyman License?
Ohio doesn’t have state-level licensing for handyman businesses. However, there are few types of handyman businesses that require a license to practice.
3. How To Quote A Handyman Job?
In the U.S., a handyman charges around $60 to $65 per hour, though the price can vary.
Wrapping Up!
Starting any business can be a challenge, let alone a handyman business. But if you are good at what you do and can ring a company, you should try the city.
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