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Questions to Ask Before Starting Your Own Handyman Business

Posted a few years ago by Rosie Wood - No Comments

How you decide to set up your handyman business will depend on the type of person you are, your skills, and your talents. Whether you will hire employees to work with you, or if you will offer multiple types of services, depends on your preferences.

What skills will I need?
Customers expect that handymen will be able to do it all – even if you only advertise one service. This means that you will need experience in many areas of DIY.

'Soft skills' which successful handymen posses include good communication, time management, and people management. Polite and friendly conversation will go a long way, as does a smile! Time management is important because doing something in the time you promise you will gets you repeat business. People management is important if you are not going to be a sole operator; managing staff well may be the most difficult job of a handyman business manager.

Business skills needed to start a handyman business are limited. I recommend outsourcing any business skills you need. Doing personal accounting is far easier than business accounting. With help from a professional accountant, and someone to look over a simple business plan, you will be set.

What are the start up costs?
The start up costs for a handyman business are actually very little. If you don't have these already, you will need to get them:

  • Tools and supplies
  • Vehicle and sign writing
  • Insurance
  • Marketing and advertising: business cards, a website, logo design, and additional advertising.
  • An accountant for tax purposes
  • A business permit and licensing.

What training, legislation and insurance will I need?
Handymen don't need formal training. Experience alone is enough to get started. Just make sure you don't promise to do jobs which you aren't sure that you can deliver on.

If you are offering services such as electrical or gas work, you will need to be fully trained and follow the rules set out in appropriate body legislation.

You will need public liability insurance and professional indemnity insurance. These protect you if you cause damage whilst working.

Some states in America require you to have a license for any work you complete on another persons home, in other states you may just have a limit on the amount of work you can charge for, per job.

What are the keys to success with a handyman business?
Research before starting your business. As with all businesses, the successful ones have a thoroughly thought out plan. Handyman businesses are becoming more popular as people's lives are getting to busy to work on their homes themselves, but that does not guarantee success.

Before starting up the company and spending a lot of money:

  • Test small scale advertising to seeing how receptive people in your target market are.
  • See what other successful people in the same market are doing. In a small town, look outside the town to see if you can use other peoples strategies in your business plan.
  • Do what you say you will do. In business your reputation is critical to getting customers – always do more than you say you will and you will have customers for life.

Next steps...

  • Decide on what you will offer and the market you will be working in.
  • Develop a business plan and have someone experienced take a look at it.
  • Set up your business and your office.
  • Make sure you have reliable tools.
  • Get started on advertising to bring in your first customers.

Rosie Wood - Author Biography

Rosie has DIY experience fixing up houses for herself and her family. She's been responsible for Painting, Tiling, Deck Building, Old Floor Maintenance, and home decoration. She brings a woman touch to our website, helping handymen and handy woman with DIY projects for their home.
 

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