Starting And Operating A Profitable Home-Based Handyman Business

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If you’re looking to start your own home repair handyman service business on a professional level, there are a few things you need to know to make the most profits.

First, lets explore a few common but very important questions.

What Jobs Can A Handyman Do?

Your handyman service business can do various jobs such as furniture assembly.,gutter cleaning,painting.door Installation,pressure washing, and other Miscellaneous Jobs.

Can a handyman do electrical work?

Some handymen are licensed to do electrical work. Of course, since they are licensed to do so. You might need a master electrician to do major wiring jobs, but for small electrical repairs, you can hire a handyman as long as he has an electrical license. Also, your handyman service should have insurance in case of any liability.

Do you need a license to work as a handyman?

A handyman, along with general contractors, does not need a state license to do basic home repairs. However, You must check the local handyman license requirements, because there may be other regulations at the local level.

How do I get customers for my handyman business?

Put together a website. …
Design and print materials you can hand out. …
Print yard signs. …
Put a sign on your truck or vehicle. …
Use social media. …
Take advantage of free advertising. …
Network. …
Join the Association of Certified Handyman Professionals.

How much does it cost for a handyman per hour?

A handyman who works independently will usually charge around $60 to $65 an hour on average. Depending on where you live the actual price range can run from $55 to $75 for an independent operator. A handyman who is part of a larger business can charge up to $125 an hour or more.

Now, that we’ve address some of the most common handyman service questions, it’s time to discuss how to make the business profitable.

Setting Up The Handyman Service Business To Be Profitable

As a handyman, you must set the company up so that you’re protecting and separating your personal assets from the business. One company that offers this asset protect service is 3wayfunding.com.

The other benefits of having 3wayfunding.com to set up your handyman service business are theses:

First benefits- Our System helps you get approved for business credit cards and business line without using your personal Credit

Second benefits- you’ll be separating and protecting your personal assets from any debts incurred or judgments handed down against the corporation

Third benefits- You can sell shares of the corporation to raise more money to expand the business.

Fourth benefit. You can deduct the cost of medical and other corporate benefits. That’s provided to employees and officers

Fifth benefit. You can use the money from your retirement account to start your business. You do not get taxed or pen nalized for early withdrawal.

Six benefits- rent a room in your home to the corporation and write off a portion of the rent or mortgage on your taxes.

Seventh benefit- have utilities at you, home turned on under your business name and write the expense off on you. Corporate taxes

Eight benefit- lease A car under your business and you can write off the car payment, gas, mileage maintenance.

You will also receive three exclusive bonuses:
Which include setting up your static website and connect you to popular social media channels to help you expose your brand.
Our second bonus includes instant access to our business Credit program,
this business credit program, walks you thru how to instantly increase your business bank rating in less than 30 days,
so you can increase your unsecured lines of credit, get business loans
and how to buy a business with no money in bad credit.
Finally, you will receive the contact to all the micro lenders across the country.
This powerful list will allow you to bypass traditional lenders and focus on dealing directly with lenders and investors that are interested in helping you grow your business successfully

Conclusion:

Many handyman service businesses miss out on the opportunity to grow and scale their business for profitability. However, setting the business up with a company like 3wayfunding,com, does not only help you scale and grow the business but you’re able to keep more profits in your pocket instead of paying it to the IRS. If you want to learn more on how to grow your handyman service business then click on the link and check out the other video tutorials.

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Tuesday 29 January 2019