How to Start a Handyman Franchise

Americans spend billions of dollars every year fixing up their homes. But many don't have the time, skill or desire to do everything themselves. Handyman franchises provide services to home owners and businesses. With a handyman franchise you will help consumers with a variety of tasks, from painting a porch to hanging picture frames. You will also manage employees, interact with customers and market the company's services.

Things You'll Need

• Financing for start-up costs of $40,000 +

Instructions

1. Decide on which handyman franchise to purchase. Find one that offers marketing, support and has verified reports that show profits for franchise owners. Some handyman franchises to consider: Mr. Handyman, Housedoctors, Handyman Connection and Handyman Matters.

2. Obtain financing for the franchise. Handyman franchise prices begin at $40,000 for the initial investment. Keep in mind this price does not include all costs. You will have to purchase equipment, a van for the business and other supplies to run the handyman franchise. This will vary according to which franchise you purchase.

3. Get the necessary business licenses for your state. Your handyman franchise must meet all state and federal regulations. These will vary from state to state. For a list of requirements for your state see Resources.

4. Market your handyman franchise. Although each franchise will have many marketing tools, you can also market on your own. Place free ads on Craigslist, talk to as many people as you can about your services. Invite the local paper to do a story on the new handyman franchise in town.

5. Hire responsible employees with good handyman skills that have excellent customer service relations. This will provide notable word-of-mouth referrals and repeat business.

Resources

• State Business License Requirements