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How To Start A Handyman Business

What’s not to like? A low cost, high profit business that we can help you start fast!

 

Are you a Jack or Jill of all trades? Handy to have around? Enjoy repairing and tinkering with stuff? A DIY-er?  Why not put those skills to good use and start your own handyman business to help those in your local area.

1: Qualifications
2: Pros and Cons
3: How much can I earn? And startup costs
4. Choose your business structure and registering your business
5: Create your business plan
6. Marketing and Branding
7. Red tape
8. Conclusion

With Google searches for tradespeople coming in at over 700,000 a month, if you´ve got the skills and knowledge, starting your own business is a fantastic idea. 

  • Potential Annual Revenue: £25-40,000
  • Startup Cost: £1,000-£2,500
  • Time To Revenue: 2-3+ months 
  • Annual Market Growth Rate:     %
  • Best for: Hard working, meticulous, self-motivated, trustworthy entrepreneurs

 

As the cost of living rises we are all looking at how to save money. Repairing and recycling have become increasingly popular ways of saving a bob or two. This is where you, your local handyperson comes in with those face-lifts and quick fixes.

What you can offer is up to you and obviously previous experience and training go a long way in gaining a good customer base. 

This business can be profitable to those with a great skill set and willingness to be flexible, reliable and make customers feel comfortable about you entering their homes. 

 

 

Qualifications

Legally, you do not need any qualifications to start up your business, however many colleges offer vocational courses, BTEC or City and Guilds training. Top up your knowledge with a Carpentry and Joinery qualification, one of the highest paid trades or a Refrigeration and Air-conditioning qualification. Add another sting to your bow. 

Formal training is obviously going to be preferential, showing you know up to date techniques and standards will increase customer confidence. Contact your local council or colleges for details.

Never tackle gas or electrical work without the required training and qualifications. 

 

Like all jobs there are Pros and Cons. Here are a few to consider – 

5 Great Reasons to Start a Handyman Business

  • A handyperson business is easy to start and if you are already a keen DIYer you will  already own most of the tools of the trade. 
  • There is a certain amount of flexibility in a working day .
  • There is High Local Marketability
  • There is a constant demand for services as home and property owners require regular upkeep and repairs.
  • You can offer a variety of services big and small, such as plumbing, electrical repairs, painting, carpentry, plastering and tiling to changing a bulb or a showerhead. This allows you to cater to a diverse customer base and increase your revenue streams.

5 Common Challenges when Starting a Handyman Business

  • Can be long hours. Over 15% work over 10 hours a day. 
  • Have a reliable van and storage facilities
  • Consider travel times and miles covered between jobs. 
  • The work can often be quite physical
  • Replacing tools and equipment can be expensive. 

 

The joy about working for yourself is that you don’t need to take on all jobs that come your way. Stay in your lane and only take on jobs that you are capable of completing to a high standard. By doing this you’ll have a much better chance of being successful when you are first starting your business. There’s plenty of time for branching out later.

 

From registering your company, establishing your brand to marketing your services, we’ll cover everything you need to know to help you turn your creative talent into a successful property maintenance business. 

 

tam.coutts@thecompanywarehouse.co.uk:
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