Here are 7 top of the line handyman business ideas you can use, to grow your business, create multiple sources of passive income and increase your profit.
As a handyman, most likely you’ll be performing a range of maintenance duties for homeowners as well as businesses. Now depending on whether you are doing this as a contractor or as an employee of a company, the compensation would vary.
However, there are things that you ca do to increase your profit.
Handyman Business Ideas You Can Use to Increase Your Profit
Personally I think being a handyman is a great way to make a living. People need things fixed all the time. That means you’ll always be earning an income if you are a good worker.
So here are seven (7) handyman business ideas you can use to grow your business and increase your profit. While all these ideas a great, you can use the last suggestion to grow a passive income stream.
7 Handyman Business Ideas – Quick Summary
- Be honest
- Do the job well
- Be professional
- Create a HomeAdvisor account
- Network with others
- Keep learning
- Have a website for your business
Let’s dissect each one a bit more to give you some perspective.
1. Be Honest if You Can’t do the Job
Don’t take on the job to provide a service you cannot do. When you do something like this and you don’t do the job properly, you are actually making things worse for yourself.
No one is going to refer you to anyone else if you do shoddy work and people just might see you on Judge Judy. You definitely don’t want that to happen.
Keep in mind that no additional referrals means no additional income would be forth coming. That’s defeating the purpose of your handyman business, especially if you are working for yourself.
People appreciate honesty and if you are upfront with your clients, they’ll appreciate you for it. Not only that, but they’ll recommend you for future jobs as well.
2. Do the job and do it well
When people hire you to do a job, they want that job well done. So make sure that whatever you’ve been hired to do, is done well. There is nothing worse hiring someone to do a job and they do it haphazardly. That just does not scream repeat business.
Most people work hard for their money, so when they spend it on acquiring a service that they need, they expect that they will get value for their money.
Regardless of whatever your handyman duties include fixing plumbing systems, providing repair guidance, cleaning and remodeling community spaces, or performing repair assessments, do it to the best of your ability.
A handyman who gets the job done and does it well, would never be out of work. That means more jobs for you and having access to more jobs means you can earn more.
3. Be Professional
Be professional when it comes to providing the service you’ve been contracted to do. You’re probably thinking that you’re providing handyman services so you don’t need to be professional. Well, that could not be further from the truth.
Now I am not saying you have to go to the site dressed in a suit and tie. That’s not what I am saying. All I am saying is be a professional and provide a professional service, to your client, while you are on the job.
I recently contracted a guy to create some new windows for my parents’ home. This guy was hired based on the work he did for someone else, so he was a referral.
But while he and his crew were installing the windows, a few of them had a few beers. I am not really crazy about the idea of people drinking on he job, especially when it involves climbing ladders and working with heights. But after all is said and done, they forgot to do certain things while installing the window.
We had to call him to finish stuff and he still did not fully complete the job. Do you think he’ll be rehired to do anything again? Not by a long shot.
No one wants that kind of experience. But that’s the last job he’ll be doing for us, even though we discussed him doing some other tasks for us. So he’s going to be missing out on an opportunity to make more money. Not just with us, but I won’t be recommending him to anyone in future.
“The average hourly rate of a handyman is in the $60 to $65 price range. However, there are professional handyman services that may charge higher, sometimes up to $125 an hour. “
4. Create an Account with HomeAdvisor.com
Creating an account with HomeAdvisor.com or Angie’s List, or whatever organization that may exist in your particular country. This is a great way for you to grow your handyman business, as it allows you to connect with customers close to you.
It can also increase your business referrals. More customers means more jobs and more jobs translates into more money.
5. Network with Others
Networking with others is another great handyman business idea. It’s a great way to grow your business and income. At times you just may encounter clients that may be looking for another service that you may not be able to provide. Networking allows you to refer others who can do the job you may not be able to do.
It’s not a lost opportunity to refer someone else or the job. In fact, your clients will appreciate your honesty as well as the referral, since it would save them the time and effort finding someone reliable for the job.
You’d be appreciated for it in more ways than one and the people in your network would send jobs your way as well.
6. Keep Learning
Don’t stick to the old ways of doing something, especially when there is a new, better, and more efficient way to get the task done. So keep broadening your knowledge and skills. Check out these great resources.
Learning more and honing your skills means you will be able to provide more services and ass a result increase your income.
Here’s the last handyman business idea that can help you earn passive income.
7. Get Your Own Website
Whatever handyman service you provide, get yourself a website. If you don’t have a website for your handyman business, then you are missing out. Having your own website is a fantastic idea.
More and more people are looking to find services online. So it makes sense putting your business online.
Added to that, you can earn additional income with your website. You can actually setup multiple income streams on your website so that it makes you money even when you are asleep.
For example, you can make money recommending products on your website, as well as numerous other ways. It really is not a difficult process and anyone can do it.
Now setting up a website is not a difficult process. However, if you don’t have the time to do it yourself, then you can have Human Proof Designs do it for you. They’ll make you your very own professional, custom made website for your business.
Additionally, Human Proof Designs can provide you with content for your website on a regular basis as well. All you need to do is have a chat with them and let them know what you need.
Of course it won’t be free, but think of it as you investing in and expanding your handyman business. The returns are absolutely worth it, so much so that you’ll wonder why you did not do this way before now.
So click on the link below for more details!