Earn Money as an Handyman

If we’re gonna be politically correct, it should be handyperson. Anyway … in today’s article I’ll try to provide yet another small business idea: becoming what’s called a handyman.

I am a firm believer that we cannot be good at everything, nor should we even try. Instead of wasting time and money by trying to do everything around the house, we could focus on getting our paychecks in and let others deal with the problems that would keep us from earning money or just enjoying our spare time. This is where a handyman comes in .. handy.

Such a person helps around the house, doing MINOR work that we can’t or won’t do. I for instance find it difficult to even change a light bulb, some are more inclined to ‘tech’ work, but some might be just like me. Instead of me messing something up or wasting time learning to not set the house on fire, I can just call someone who has gotten the skills and expertise.

handyman

Who can do this?

We’re expecting men to be able to do this kind of work, but, if you are a female and have the talent and drive, you can also be successful. You should have some experience in this area, be willing to learn more and also be passionate about it.

What do you need to start?

  • a start-up kit. I wouldn’t personally throw money on getting all kinds of ‘gadgets’, but at least a basic toolbox is needed. Many clients have their own tools, but it’s a good idea to have your own. Will make you look like a professional, not to mention you won’t have to ask for a screwdriver. A hammer .. ah, and some nails, please.
  • skills and knowledge. I should have started with this; you need to know what you are doing and have a real passion for it. There are a gazillion of tutorials and courses you can take, it would be a great idea to make sure you are well prepared to do a great job.
  • insurance. I’d think about some insurance and a contract with your clients, in case something goes bad.
  • a great professional attitude. In this kind of business you are dealing DIRECTLY with your clients. You are entering their homes, doing work for them, so a proper attitude will get you more work. Don’t drink on the job, keep your tools in order, look and act professionally.

How to charge?

There are 2 possible ways: hourly and ‘by project’. You can choose whichever solution suits you best, in some cases hourly jobs work better, in others you will charge for the entire job (making sure you do take into account the time you have to dedicate for the job).


 

As soon as you have everything in place, start advertising. Let everybody know you are ‘in business’, advertise locally, maybe get a website up and running. You will need to keep an eye on your budget, since it’s really easy to spend more than you can afford.

Keep track of your clients and jobs. An agenda or some apps/tools would be very useful. There will be cases when you’ll have two jobs at the same time, so proper planning and punctuality are paramount, if you would like to get your business growing.

Have you started such a job before? Would this small business idea work for you? What else would you advise someone willing to look into this money making opportunity?

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Cheryl Zhao
Cheryl Zhao

Cheryl Zhao, a financial expert, has been a part of our team for five years. After earning her MBA from MIT Sloan School of Management, she worked as a real estate broker before turning to blogging. Cheryl’s extensive knowledge of the housing market and trends, coupled with her passion for financial literacy, makes her blog posts an essential read for anyone considering becoming financially independent.

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One comment

  1. As a landlord, I actually looked into a franchise doing this. Not many people are jack of all trades. most handyman items are easy, just hand a light or change a faucet.

    I do it all. Sheetrock, carpentry, electrical, plumbing, siding, etc.

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