6 Tips to Help You Launch Your Handyman Business
Ultimate Steps To Start Your Handyman Business!
If you’ve been fixing things around the house for a long time, you could turn those skills into a lucrative handyman business.
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With a strong business plan, you’ll do it with little overhead costs and plenty of established clientele.
Consider these tips from Rural Money to help you launch your handyman business with purpose.
- Know the State Licensing Requirements
Every state has different licensing requirements for repair and renovation professionals. To receive a license, contractors typically must have years of experience in an apprenticeship, a certain level of education, and specific test scores. However, most states do not require a handyman to have a license to do basic repairs, but you’ll want to avoid any extensive electrical or plumbing work, no matter how confident you feel about your ability to handle the project. For example, if you want to work on a fixer-upper, just make sure you stick to small structural and cosmetic repairs.
- Create a Marketing Strategy
Think about how you plan to market your small handyman business. For example, you’ll need a website and social media pages. Make an eye-catching banner to draw attention to your services and give you a cohesive brand to use on all platforms. Use a free banner maker to customize the look. Then post it to your Facebook, Twitter, Instagram, and YouTube channel. Customize the text, colors, images, animation, and fonts to stand out and capture your audience’s attention.
- Decide on a Business Structure
How do you want to structure your business? A limited liability company is the most commonly used option for a small business with only one person involved. An LLC requires minimal paperwork, is relatively inexpensive, offers liability protection, and comes with tax advantages. You don’t even need to pay an attorney to register your company. You can do it online. Just be aware of the state requirements before you do.
- Draw Up a Business Plan
If you plan to ask for funding, you’ll need a written, thorough business plan. Start by describing your company and what it offers to the industry. Then include descriptions of your services and why you would make a great handyman. Talk about your financial projections and marketing strategy, and be sure to mention the tools you have to help you do the job.
- Choose the Services You Will Provide
You’ll need to list your specific services in your business plan and on your website. Are you particularly good at painting? Do you have the tools to handle drainage problems in the bathroom or install a shelving unit? Be as specific as possible and remind clients to contact you if their needs are not specifically named on your list.
- Take Advantage of Available Software
As you take on more and more clientele, you’ll need a more efficient way to keep up with work and billing. You can find project management software accessible from anywhere on your smartphone. This will help you keep up with your schedule and bill your customers properly. You can even access an online invoicing service that generates invoices and keeps up with billable hours. Research shows that business technology is an important way to communicate with customers and run operations more efficiently. Use these tips, and you’ll have a more organized approach to starting your handyman business. Remember to always focus on the quality of your work. Satisfied customers are the bloodline of growing your business.
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