Whether you have been your own boss of a handyman business for some time now, or you are currently working for someone else and are wanting to branch out on your own in the near future, then you have come to the right place.
Here, for your information, is a guide on how to grow and expand your handyman business.
Ask Yourself the Fundamental Questions
When writing your initial business plan and budgeting for your initial start-up costs, you need to firmly have in mind your overall business ethos, reasons for starting your company in the first place, and awareness of geographical location in terms of how far you are willing to travel.
In addition, it would also be exceedingly helpful to address the following questions:
- How many clients would you ideally like to have at any one time?
- How many hours and what working shift patterns, would you like?
- Are you interested in hiring employees?
- How much money would you like to make? Is this your primary income?
- Are there any home and garden jobs that you are not interested in carrying out?
Build Your Inventory
Nothing says unprofessional like booking a job in your local neighborhood—perhaps even for a homeowner whom you personally know, and therefore would be invaluable to promote you via word-of-mouth recommendations—only to find the ten-minute job is going to be much longer because you don’t have the right tools and equipment in the van.
Spend some time, energy, and not to mention a small amount of your business capital or savings, in investing in quality tools—ranging all the way from process heating tools to large selections of different-sized screws, nails, hammers, and screwdrivers.
Invest in Small Business Insurance
Although—certainly in the first stages of starting your new handyman company—an extra expenditure that you perhaps were not planning on before reading this article isn’t exactly what you want, there are a myriad of benefits in investing in small business insurance.
Such advantages of taking out an insurance plan include, but are in no way limited to, the following:
- Small business insurance helps your company gain more clients
- Small business insurance helps build brand awareness and customer loyalty
- Small business insurance can potentially save you a large amount of money in lawsuits
- Small business insurance helps protect the longevity of your company
- Small business insurance will help your handyman business achieve larger profits as each year goes by
Utilize Social Media
Although there are certainly copious disadvantages to the meteoric rise of the internet (and specifically social media and its unwavering influence and social importance in people across the length and breadth of this country and beyond), such platforms are undeniably incredibly beneficial for small business start-ups.
It takes virtually no time at all and it is entirely cost-free, to set up a local small business page—on your Facebook page, for example—with your contact number, the services you offer, and customer reviews posted as and when a successful job is completed.