How to Start a Handyman Business. The truth is that, given a choice, most people would rather spend their time doing anything else rather than fixing little problems around the home. From fixing a leaky faucet to replacing an appliance plug, a handyman can be a great solution for those who are too busy to take care of the small repairs themselves. A handyman business can be extremely profitable, depending on your qualifications and experience.
Get licensed and insured. To start, you will need a business license, a contractor's license and a safety certificate that says you have the capability to work in plumbing and with electric outlets.
Learn how to use a computer, especially Excel spreadsheets. You will need a system to keep track of projects, expenses and billing. It's also a good idea to start a database of clients and tasks, so you can refer to it when you need references for new clients.
Find out what others in your area charge. You may set up a per-hour price or charge a minimum flat fee. House calls are usually more expensive than fixing something a customer brings to you. Weekend calls are even better paid.
Decide on a niche or at least create a list of things you will and will not do. If you take plumbing and electrical jobs but not carpentry tasks, make it clear on your advertisement.
Keep learning. Take books out of the library, attend workshops (many large building supply stores offer them for free) and contact manufacturing companies to learn more about their products.
Many of the things you need to start a handyman business can be considered hard, physical work. Even with the use of new technology, it's still a hands-on job. If you're not in good physical condition, then this may not be a great choice for you. Having good references is important in this business. People need to trust you to roam around in their homes. Good people skills are a must, but you should also consider liability insurance. Word of mouth is the best advertising. Make your clients happy and they will refer you to other homeowners.
There are physical risks to consider in this business: you will be walking on roofs, working around electrical cables, and breathing dust. As part of the job, you may be required to crawl in tight spaces, get on your knees to inspect foundations or lurk around grimy basements. Make sure you're comfortable with the idea.