By: Halsey Filbin, former Captain in the US Army and current co-founder of USEFUZE- a free mobile app designed for small businesses to grow and manage their business or side-hustle. To learn more about USEFUZE, check out https://zgn7w.app.link/TFXiKSsI7qb
Did you know that there are over 250,000 handymen needed in the United States alone? Starting a handyman company can be a lucrative and rewarding way to create additional income for you and your family. In this blog article, we’ll break down the steps on how to start a handyman business.
Steps to Start a Handyman Business
There are many things to consider when starting a handyman business. From licenses and insurance to marketing and pricing, there’s a lot to think about! But don’t worry, we’re here to help. Follow these steps and you’ll be on your way to starting a successful handyman business in no time.
Legal Requirements for Starting a Business
There are a few legal requirements you need to take care of when starting a handyman business. First, you’ll need to register your business with the state and obtain a business license. You may also need to get a zoning permit, depending on where you plan to operate your business. Additionally, you’ll need to purchase insurance for your business, including liability insurance and workers’ compensation insurance. Finally, make sure you are familiar with the handyman laws in your state so that you can stay compliant with regulations.
Equipment Needed for a Handyman
When starting a handyman business, there are a few key pieces of equipment that you will need in order to get the job done right. Here is a list of essential equipment for any handyman business:
-Ladders: You will need a variety of ladders to reach different heights for different jobs. Invest in a good quality ladder that can be used for a variety of purposes.
-Power tools: A good set of power tools is essential for any handyman business. Make sure to invest in quality tools that will last long and get the job done right.
-Hand tools: In addition to power tools, you will also need a good set of hand tools. These will be used for smaller jobs and tasks where power tools are not necessary.
-Safety equipment: Finally, don’t forget to invest in safety equipment such as gloves, goggles, and ear protection. This will help you stay safe while working on different jobsites.
Marketing Your Business
As a handyman, you have a lot of competition. To succeed, you need to market your business well. Here are some tips on how to market your handyman business:
Financing Your New Business
There are a number of ways to finance your new handyman business. You can use your personal savings, take out a loan, or attract investors.
If you’re using your personal savings, be sure to create a detailed budget so you know exactly how much money you need to get started. Once you have a solid plan in place, it will be easier to save up the necessary funds.
Taking out a loan is another option for financing your business. Be sure to shop around for the best rates and terms. You may also want to consider borrowing from friends or family members if they are able to help.
Investors can also provide the capital you need to get your business off the ground. If you go this route, be sure to put together a compelling pitch that outlines your business plan and what you hope to achieve.
Conclusion
If you’re thinking about starting a handyman business, there are a few things you need to do in order to get started. First, you’ll need to research the industry and find out what type of services people are typically looking for. Once you have a good understanding of the market, you’ll need to develop a business plan and set up your financials. Finally, you’ll need to get the proper licenses and insurance in place before you can start operating your business. By following these steps, you’ll be on your way to starting a successful handyman business.
There are tons of services out there to help you grow your business and manage your day-to-day operations. You need to make sure you pick the one that works for you and your needs. USEFUZE is a free service that is perfect for small businesses and does not overwhelm you with needless features. With USEFUZE you create your own profile, complete with pictures of your work and ratings from past customers that you can share with anyone as a digital business card. You can also create and instantly send professional and branded estimates and invoices to your customers and manage your pending and ongoing projects, all in one free app. To learn more, check out https://zgn7w.app.link/TFXiKSsI7qb