Anyone with good handyman skills has a great opportunity to start a home repair business for themselves. The key is to keep your business to just you, as any employees would require you to obtain workman’s comp insurance. When it is just yourself, you can keep the location of your business in your home and you won’t have to worry about a payroll system, as well. In fact, when you start a home repair business, it could be one of the most exciting adventures for you.
The first thing you will need to do is decide when you start a home repair business is to determine where you skills lie and outline the list of expert services you can provide to your customers. The skills you offer can then help you to determine the best name for your new business. Keep it short and simple, but something that will grab the attention of anyone who sees it.
Before you do anything else, you should inquire with your state as to whether or not you will need to secure a professional license. This, of course, depends on which state you live in and what type of work you are going to specialize in. You will also want to contact you town to determine if a special business license is needed and you will also want to contact the IRS for a tax identification number for your business.
Along with special licenses, you will also want to investigate the possibility of obtaining insurance to cover any liabilities from the work you do. Without insurance, you could easily set yourself up for many problems in the future.
Once you have all your licenses, you will then want to prepare a home office for yourself and prepare yourself to get started. This will include purchasing business cards, a cell phone so that you can easily be contacted out on the road, and a computer and printer. You should make sure you have some type of financial software to help you keep track of your finances.
The next step is to make yourself known. Promoting your business can be exciting. Contact local newspapers and place an ad in your local area for your services. Make sure you are prepared by having a list of the services you provide, as well as your rates for these services.
Set up a website for your business and plan out your Internet marketing strategy. Whatever you do, do not forget to contact all of the local real estate agents in your area. These are the individuals that secure a lot of work for you.
While the steps to start your own home repair business may seem tedious, your own business will allow you freedoms that traditional employment simply can not offer. Once you get started and the work starts rolling in, you may just wish that you had started your own business a lot sooner.
