{"id":28480,"date":"2023-01-08T03:08:06","date_gmt":"2023-01-08T03:08:06","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/08\/10-easy-steps-to-start-a-handyman-business\/"},"modified":"2023-01-08T03:08:06","modified_gmt":"2023-01-08T03:08:06","slug":"10-easy-steps-to-start-a-handyman-business","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/08\/10-easy-steps-to-start-a-handyman-business\/","title":{"rendered":"10 Easy Steps to Start a Handyman Business"},"content":{"rendered":"

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Starting a handyman business can be highly profitable for anyone with repair skills. But knowing how to fix things around the house or office can feel like a far leap from running a sustainable business.<\/p>\n

Fortunately, starting a handyman business is easier than you might think. Whether you\u2019re looking to make some extra cash as a side hustle or run a full-scale business with over 20 trucks on the road, this guide will walk you through the step-by-step process to get started.\u00a0<\/p>\n

Step 1 \u2013 Narrow Your Services Based on Your Skills<\/h2>\n

The very first thing you need to do is determine what types of services you\u2019re going to offer. Even if you consider yourself a Jack or Jill of all trades, it doesn\u2019t mean you should take on every potential job that comes your way.<\/p>\n

You\u2019ll have a better chance of being successful if you can narrow your focus to a handful of specialty services, especially when you\u2019re first starting out. Here\u2019s why.<\/p>\n

Keeping your overhead costs as low as possible is crucial for profitability. But if you\u2019re doing everything<\/em> from electrical work to plumbing, HVAC, washing machines, and deck repairs, you\u2019re likely going to need extra equipment. This not only adds to your upfront costs but could be an ongoing cost as well if you need to pay for storage space.\u00a0<\/p>\n

Working on the same types of jobs will also help sharpen your skills\u2014allowing you to work faster and complete more jobs per day. This won\u2019t always be the case if you\u2019re constantly bouncing around to different job types.\u00a0<\/p>\n

So, when you\u2019re first starting, it\u2019s in your best interest to narrow your focus to about five main specialty areas. You should base those around your current skill sets and think about ways to save money when you eventually need to purchase materials and equipment. You can always add new services and expand your skills down the road once you get a steady cash flow and new opportunities present themselves.\u00a0<\/p>\n

Step 2 \u2013 Set Up an LLC For Your Handyman Business<\/h2>\n

Creating a legal business entity for your handyman operation is very important. You might be able to get away without this step if you\u2019re just doing a couple of odd jobs per month for some extra cash. But if you\u2019re serious about starting a handy business, officially forming an LLC is an absolute must.\u00a0<\/p>\n

There are two main reasons why you need to do this. First, LLCs give you an extra layer of liability protection. So if something goes wrong on a job, which can definitely happen in this industry, your personal assets will be protected if a client sues you.\u00a0<\/p>\n

Second, forming an LLC helps legitimize your business. It tells your future customers that you\u2019re not just some guy with a truck. People will be more likely to let you into their homes or offices if you\u2019re operating as a real business.\u00a0<\/p>\n

Using a business formation service is the fastest and easiest way to complete this step. ZenBusiness<\/a> is an excellent solution to consider. Just follow the prompts on their website, and they\u2019ll legally register your Handyman business in your state.<\/p>\n

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Here\u2019s an ultra-brief overview of what this step will look like:<\/p>\n