How to Start a Handyman Business in 2024?

Published On: May 23, 2022
Last Updated: February 19, 2024
How to Start a Handyman Business in 2024?

In today’s fast-paced world, people are often too busy or lack the necessary tools and skills to perform household repairs. They prefer to get various services from the comfort of their homes, making the services of a handyman highly valuable.

They often hire professionals to handle tasks, everything from basic repairs to more complex remodeling projects. Hence the demand for handyman services is increasing among people year after year.

Market Size

As shown in graph by IBIS, Handyman Service Market Size in 2024 will reach up to $4.7bn.

The handyman service market held a revenue of USD 339M in 2022. It is expected to observe growth at a CAGR of 17.2% and is forecasted to touch a valuation of USD 1.65 billion by 2032.

These figures indicate the immense popularity of this business. Therefore, businesses and entrepreneurs look forward to a handyman business startup.

In the age of mobile technology, it’s essential to build a handyman app to keep up with the competition. It offers customers the convenience of hiring professionals through their smartphones.

But which business model is suitable for starting a handyman business? Let’s discuss it before we move on to the process of starting it.

Types of On-demand Handyman Business Model

Businesses need to provide high-quality services and streamline operations with technology to make a successful handyman business. There are several types of on-demand handyman app business models that entrepreneurs or business owners can consider:

Single Service Aggregator

It is the individual business model, where you need to offer a single handyman service such as plumbing or electrical work. Here customers will request service through the app, and you will serve them.

Multiple Service Aggregator

This business model has a strong network of handy professionals offering multiple handyman services such as plumbing, electrical work, carpentry, painting, and more. Customers can request any of these services through an app, and you can provide the service through your team of a skilled handyman.

Multiple Service Multiple Aggregator (Handyman Marketplace)

In this business model, you can create a handyman marketplace where multiple handyman service providers can register and offer services. Customers can browse different service providers, compare prices and reviews, and choose the one that suits their needs.

This is the best business model in the handyman business as it opens the door for selling more services and generating more revenue with the same cost. Check with our experts, why this model is the best?

Entrepreneurs or businesses can choose any of these business models depending on their resources, target audience, and market demand.

Need Help Choosing The Right Handyman Business Model?

Let our experts in this on-demand handyman service industry guide
you toward the best decision.

Read on to learn all the information in detail. Here we have provided all the necessary steps that help you understand the importance of creating an app to make it a successful handyman business.

So, let’s dive in and explore how to start your own handyman business.

9 Steps for Starting a Handyman Business

Here is the streamlined process you need to follow for starting a handyman business.

1. Know the Demand for Your services in the Market

Before starting a handyman business, it’s important to analyze the demand for your services in the local market. Research your target area and identify the types of services that are in demand. It includes basic home repairs to more specialized services like plumbing or electrical work.

Consider the competition in your targeted area and what sets your services stand out. Understanding the demand for your handyman services will help you determine pricing, marketing strategies, and the overall viability of your business.

Once you have a clear understanding, you can move on to the next steps in starting your handyman business.

2. Know Your Competitors

Knowing your competitors is an essential step when starting a handyman business. It helps you understand the market, identify opportunities for differentiation, and develop a strategy that can help you stand out.

Research your local market and identify other handyman businesses in your area. Analyze their services, pricing, marketing strategies, and customer reviews to understand their strengths and weaknesses.

In addition to researching your local market and identifying other handyman businesses in your area, searching for your digital competition is crucial. With the increasing use of technology, many businesses now offer handyman services through apps. There are several handyman apps available in the market that help you to learn more. It makes operations very easy, trackable, and cost-effective compared to an offline handyman business.

Analyze your digital competition and identify areas where you can improve or differentiate your services.

3. Decide Your Target Audience

Not every person is your customer.

Because you will be dealing with many customers, you must first determine your target audience by considering the types of services you intend to undertake. Then, create a business model that focuses on assisting a specific customer.

Your services will not apply to everyone who requires a handyman.

For instance:

  • Some customers are only interested in the cheapest options or cannot afford a professional cost.
  • Other clients are willing to pay higher prices if you deliver excellent services.
  • Some customers demand only the best, while others want the work done to get on with their lives.

A handyman marketplace helps to solve all your problems. It helps to provide quality services at competitive prices.

Create Your Own Handyman Marketplace

  • Customer Application
  • Service Provider Application
  • Admin Panel (Backend)

Reach out to us to create a professional marketplace for
your handyman business that offers excellent user
experience and maximize the profitability.

4. Decide Your Services Appropriately

When you hire a few staff and start a handyman business, it may seem natural to say yes to every job. However, it is not an appropriate strategy.

Instead, it is a good idea to focus on only those tasks that are in high demand, have a reasonable price, and that people you hire can complete quickly.

As a handyman business owner, you may get requests for simple tasks like hanging pictures. However, the price you may charge for that simple task has a limit. Therefore, it may be more profitable to decline the small projects and concentrate on larger jobs, such as toilet replacements, kitchen cabinet installation, etc.

It is a better strategy to accept tasks that require specialization. With this, you would have the freedom to charge more for such services.

5. Create a Business Plan

Now that you have taken care of the essentials, it is time to move on to the next phase of your business.

Your business plan should include a detailed business description, including the services you offer and your target audience. It should also include a marketing plan outlining how you will reach your target audience and promote your services.

In addition, your business plan should include financial projections, such as startup costs, operating expenses, app development costs, and revenue projections. It will help you understand your business’s financial feasibility and create a roadmap for achieving your financial goals.

It’s an essential document that helps you stay organized and focused as you start and grow your business.

6. Get a Business License

You will need a business license before starting any business. Licensing requirements and laws will typically vary depending on your locale. Some states and towns even demand that your company has the appropriate licenses. While some states do not require a license, it is dependent on the type of handyman labor required.

A handyman license is a unique document that proves your state has cleared you to offer services. While each state has its own rules, you will need this license to work on larger projects for your clients.

7. Obtain Necessary Business Insurance

Make sure to purchase insurance while starting a new handyman business. Insurance is required for your business to operate safely and legally. In addition, business insurance protects your firm’s financial well-being in case of any loss.

Proof of general liability insurance is essential when acquiring a business license, which instantly boosts credibility in the consumer’s eyes. Consumers will choose a handyman business having insurance over one that is not insured. In addition, third-party claims for employee injuries or property damage can be free by business insurance.

8. Create a Website & Mobile App

It is a great way to reach a wider audience and provide a convenient platform for customers to request your services by creating a website & mobile app.

A business website can be the hub of your online presence. You can provide contact information, promote your services and allow customers to request services and schedule appointments. A professional website development company will recommend more features and ideas to make it a more profitable website.

While mobile apps are also increasingly popular as they provide customers with a more personalized and convenient experience. It also includes multiple features allowing customers to easily request services and communicate with service providers from their mobile devices.

Building an app for your handyman business can help you differentiate your business from the competition and provide a more convenient and streamlined experience for your customers.

Also Read: Learn more about mobile app development practices before you start app development

But what features do you need to include in the app? Let’s have a look at it.

Must-have Features of Handyman App

Here is a brief description of each of these features:

Service Requests: It allows customers to request services through the app and specify their requirements.

Scheduling and Appointment Management: The app should allow users to schedule, reschedule or cancel appointments. It provides a calendar view for customers to select a date and time for their service appointment.

In-App Chat and Messaging: Enable real-time communication between the customer and the handyman to discuss service requirements and progress.

Payment and Invoicing: Allow customers to make payments and view invoices through the app. The app should also provide secure payment options.

Customer Management: Allow the handyman to manage their customers’ information and service history, including past and future service appointments.

Service Management: Enable the admin panel to manage the handyman service offerings, including adding or removing categories and services.

Inventory Management: It allows the admin panel to manage the inventory of tools and supplies, ensuring they have everything they need for each service appointment.

Push Notifications: Send reminders and updates to customers and handymen about their appointments and other important information.

Reviews and Ratings: Allow customers to rate and review the handyman’s services, which can help to build trust and credibility.

Consider working with an experienced handyman app development company to ensure that your app includes this essential feature, is user-friendly, easy to navigate, and has an intuitive design.

Want to Know More about a Handyman App?

Schedule a consultation with our team. Our experts will discuss your specific needs
and help you with essential features, development cost, and timeline.

9. Define the Marketing Strategy

Once you have established your handyman business and created an online presence, it’s essential to define your marketing strategy to attract customers and grow your business.

  • SEO of your website helps to bring organic traffic on website.
  • Leverage social media platforms to create engaging content, such as before-and-after photos and customer testimonials to showcase your skills and services.
  • Partner with other local businesses, such as real estate agents or property management companies, to offer your services to their clients. Networking with other professionals in your industry helps you build relationships and generate leads.
  • You can invest in advertising to reach potential customers in your local area.

It’s important to regularly evaluate the effectiveness of your marketing efforts and adjust your strategy as needed to ensure that you are reaching your target audience and generating a consistent flow of leads and sales.

Conclusion

We hope this guide has provided useful insights and inspired you to start your handyman business. Follow the steps outlined above and establish a strong foundation for your business and position yourself for success.

Building a mobile app to provide a better experience to customers is a must in today’s digital age. So if you want to build an app to enhance your business and generate additional revenue, contact us.

Guru Technolabs is a web and mobile app development company. We have helped folks from all walks of life build their businesses online. As a result, we can fully comprehend your needs and offer an appropriate solution.

Frequently Asked Questions

A handyman business app can benefit your business in several ways. It helps you reach a wider audience, improve customer experience, streamline operations, increase revenue streams and many more benefits are there.

Yes, a handyman business app can be customized and integrated to meet your specific business needs. You can work with a professional app development team to create a personalized app that suits your business requirements.

The average cost to develop a handyman business app starts from $3000 to $50,000. It varies depending on several factors, such as business model, complexity of the app, the features, and functionalities included, the platform(s) it is built for, and the development team you choose to work with.

To get a more accurate estimate of the cost of developing a handyman business app for your specific needs, contact us.

A handyman business app can improve customer experience by providing a convenient, transparent, and efficient platform for customers to request services, communicate with service providers & cashless payments.

Ravi Makhija
Ravi Makhija

Ravi Makhija is an entrepreneur, an IT professional, tech geek, founder & CEO at Guru TechnoLabs - Globally Trusted Web & Mobile App Development Company. He loves writing about new technologies and the latest trends in the IT field.