Income $75,000 $150,000
Handyman jobs are plentiful especially in areas where most people are too busy to work on their own homes. The average earnings you should expect are around $100,000 a year, and this would be applying an average effort.
The jobs will include repairing termite damage repairs, home warranty maintenance, insurance covered repair, appliance installation, fence and deck repair, installation of water sprinkler systems, painting, hauling, hardwood floor restoration, window replacement, garage door installation as well as any other home, apartment building, commercial business and restaurant projects.
Your clients will consist of commercial Realtors, retail stores, restaurants, appliance dealers, condominium and town home associations, property managers, relocation companies as well as their clients, absentee, new and existing home owners.
The handyman business truly requires niche marketing and market segmentation. In fact, it goes one step further into individualized marketing. One of the secrets of a successful handyman business is developing a database of customers and using information about those customers to keep track of when they might need additional maintenance.
You should advertise in rag sheets, with Realtors, in church bulletins and in high traffic areas such as on grocery store bulletin boards.
Your Power Partners will consist of to Realtors, landscapers, interior decorators, general contractors, mortgage brokers and appliance stores.
The conversations with these Power Partners should indicate your willingness to include them as you become aware of clients who need their services. It is important you meet with these Power Partners in person the first time, and then keep in touch with them weekly by email or by phone.
You will need to have developed a talent for working with wood, stains, painting techniques, fencing, electrical and plumbing, appliance installation, and the ability to recognize jobs you would be comfortable tackling.
Here are a number of resources I have come across:
Personality Type: Analytical, Amiable
Total Start Up Costs: Less than $2,500
(includes business cards, tools, phone, and marketing)