The handyman business can complete many simple projects for which specialized professionals may charge significantly more money. There are a few primary tips that will lead to great success in this industry.
As we become a fast moving society with less time for the little issues that arise,
we need handyman professionals to come to the rescue. Be it fixing a faucet, painting cabinets, replacing a screen or plug installation, these small projects need to be completed. Unfortunately calling a plumber, carpenter or electrician can become quite costly. They usually charge a good sized markup for parts, a house visit charge and a high hourly wage. The much more economical alternative is to call a handyman to complete these uncomplicated jobs.
Why a Handyman May be the Best Choice
Handymen can perform hundreds of odd jobs around the home. A few of the most common projects include replacing a wall, adding plugs, painting, installing a motion light, repairing a leaky faucet and fixing a cabinet door. Since more specialized professionals charge a bundle for their services, many homeowners look to handymen to complete these general jobs at a fraction of the cost.
Important Money Making Tips
As a handyman, there are a few tips for making money in the business. These include:
• Don’t charge a huge markup on parts
• Don’t charge hourly, charge by job
• Create business cards
• Place notices on community boards
• Place a small advertisement in the classifieds
• Use your car as an advertising tool
• When working look for other projects to be completed
One of the biggest issues that specialized professionals make is the huge markup on simple parts, don’t follow suit. You need to make a profit, but don’t get greedy. Also, it’s better to charge by the job not hourly so the customer does not go over their budget. Additionally by creating business cards and notices and placing them on community boards and at supermarkets, you will have inexpensive advertising. Furthermore, placing an advertisement for your services in the classified ads will help to further spread the word. Placing magnetic strips on your car is another advertising option. Finally once you do begin to find work, look for other projects at the customer’s house that can be completed. Since they have you there, they’ll often agree assuming it’s within their budget.
Once you’ve established yourself, word does spread quickly. Especially if you become known as an efficient and economical alternative to plumbers, electricians and other specialized professionals. The handyman is a great alternative to the pricy specialized competitors that will charge a great deal for the simplest job. Following these tips will help get your name around town which will lead to profits!
