Tuesday, February 16, 2010

How to Develop a Handyman Business

A handyman business fits into the lifestyle of many people, including contractors, retired tradesmen, or even handy stay-at-home parents who need to have a flexible work schedule.

It can be rewarding, and as a handyman you will have a respected and welcome profession. To get started as a handyman, as with any company it is important to have a plan written first.

The right type of business plan will outline exactly how you will run the business, who else, if anyone will be involved, and the market you will solicit business from.

The executive summary of the handyman business plan also gives the basic details of the business; who owns it, brief background information on the owner/s, where it is located, etc.

The next section gives general information about the size of the market, and the specific numbers of potential target customers in the aforementioned area.

Knowing how many people you may be advertising to, and the rate at which these numbers will grow, can help plan future financing and expansion of your business.

One of the most important sections of this business plan talks about the specific services the business specializes in, as well as how this handyman business will be different from the others competing in the same market.

No part of the handyman business plan can be taken too lightly. A well written business plan can secure lines of credit and start up financing that will be needed for day-to-day operations, as well as future growth.

By : Jack_Goldhammer

No comments: