How to start a handyman business
Want to make a living out of odd-jobs? Read our guide
- What is a handyman business and who is it suited to?
- Researching the market and creating your handyman business plan
- Rules and regulations
- Reputation and marketing
- Cost of starting and running a handyman business
- Useful contacts
- Register your handyman business name with our preferred company formation agent (external site, opens in new tab)
- See if you can get a Start Up Loan to help you start a handyman business idea (external site, opens in new tab)
Researching the market and creating your business plan
You need to decide the scope of your business early on. That is not to say that you can’t add further services to your list at a later date, but its important to set out boundaries of the types of jobs you will do. The handyman industry is incredibly broad, and services can range from the simplest of tasks such as changing a light bulb, to fitting a new bathroom or even completely renovating a house. Some of the more complex jobs require specific training and qualifications, as well as industry authorisation, which can limit the scale of services you offer. Nevertheless, it is beneficial to lay out clearly what you are offering so that customers can make an informed decision on whether to hire you.
Starting up any business requires a good degree of planning and preparation. While it may seem fairly straightforward, setting up a handyman company is no different. Kerrie Hanafin suggests talking to people in the area to find out what they would look for in a handyman business. Researching your locality and main competition can really help to establish your place in the market. Sorting out your pricing is also essential at the early stages, so find out your competitors’ prices to get an idea of what you could charge. “No matter how small your company, you should lay out your plans for the next 12-24 months”, explains Will Davies. “If your goals are clearly laid out in front of you, you will find it far easier to achieve them.”
A unique and memorable name for you company is fundamental. Chris Gilbey, from Bitsbobsandoddjobs, stresses that coming up with a good name can really help with branding your business, so it’s worth dedicating time to this.
Experience is probably the most valuable tool. There is nothing better than going out and gaining practical skills and know-how. Chris Gilbey from Bitsbobsandoddjobs spent time as an apprentice for a building company, which has helped enormously with setting up on his own. He says: “There’s nothing better than experience, having a background in the building industry is a huge advantage and it is invaluable to get some practical experience.”