Start Your Handyman Business in 2023! (Part 1)

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New Year, New You! If you have been thinking of starting your own business or going out on your own, there is no time like now! This video series will focus on starting your Handyman business and growing it from a weekend warrior status to a full-time business that can support yourself and your household.

Let me know what you think in the comment section below.

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Southern California Handyman here. Great advice! I unfortunately have to fight the crazy $500 labor and materials rule here in this state. So I just stick to small simple jobs, that have low material cost. I’m lucky enough to have a wife that has a good income also, so I aim to make $300-$500 a day if possible. Not always the case everyday, but that’s the goal at least. California makes it very difficult to stay within the legal $500 per job limit. But I try my best😉. Thanks for sharing.

miketolson
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The first video i watch that is accurate from start to finish.

I did every step. I did it with no help, advise or experience. I made many mistakes.

If i was to give advise, i say watch this video and do exactly that. My business has 3 guys guys now. 4 vehicles. Year 4, 1mil a year.

grs
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In corporate America, there’s a thing called burdened rate. You take the raw cost of labor, which is the hourly pay, and multiply it by 1.65. The .65 is roughly what it takes to cover PTO, holidays, taxes and general overhead stuff to employ that person.

Jajaky
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Starting off this year with a $1700 drywall job, currently working right now. I am 25 yrs old makin it happen #FreeTate

smutgod
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Started about 2 months ago and have been really successful just in my neighborhood just did a deck job for an above ground pool in a weekend I have a full time job but I schedule all my HM jobs around my work schedule everybody needs things done they don’t want to do get after it!!

cody
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Wow this is the best “No bullshit” video on the internet I’ve seen and I’ve looked thru a lot.
Thank you sir.

medina
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One of the best handyman videos I’ve seen. Very simple and straightforward! Good job sir!

riouoeo
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I am "this close" to giving it a shot myself. Have ALL the tools necessary except for a small

chrisp
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That was a fantastic video. I have made lots of notes and am going for it this year! I am leaving teaching after 20 years and hoping for a fresh start. Thank you for this.

johnlofts
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Don’t bother with Angi Ads, etc., all scams and waste of money. Also, watch out for property management companies: they don’t pay you right away, you have to buy the materials with your own money, and I had one refuse to pay me and I had to take them to court. Another thing, you don’t need a tax number, you can simply run your business as a sole-proprietor and file your taxes like you normally do using your social security but of course tell your tax preparer that you have a sole-proprietor business.

Bbbbbbbbbbb-fw
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Good work ain’t cheap, cheap work ain’t good

youtubecontractor
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You don't need a EIN just track your expenses and report as self employed on taxes. Insurance is a must. I said $100 to hang a 65 inch tv and they tried to say they were quoted for $60 yeah right.

chriss
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Driving through traffic to Home Depot to then fight through traffic to the client to do a $150 job @$6 gallon to fight traffic home. That’s what it’s like to be a handyman in California. To pay taxes while illegal immigrants take cash under the table while you pay 2k a month to live in a room in someone’s house.

toasgreece
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Getting fired is the best thing that ever happened to me 😂😂😂😂😂😂😂😂 that's awesome new year new you

RETRO-RANEYS-RESTORATIONS
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Great video Richard! Good tips and advice for the up and comer getting into the business!

stephenspencer
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Good clear tips. I strongly agree with making a good, simple name and getting a separate phone number. Thanks for sharing!

dustindavy
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I liked your well thoughtout and Informative video. I will be starting my Handyman Business very soon and found your thoughts, helpful.
Well done!

robertkerby
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Been wanting to start a business for a while, ive been in construction for only 4-5 years on and off working. I’ve done mostly demo, ive help out with framing, crown, base/trim, setting doors, tile, Sheetrock, little mason not much. Moral of the story is I’m only 25 and need more money, stuck on a name. Either way if there’s any pointers or ideas you could give or anyone at this point that would be greatly appreciated

Luca-ecgt
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Awesome, thank you brother for the information. I wish you luck and prosperity in everything that you do.

Iamtherodlight.
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Excellent video, lot's of gems. Thank you!

Eccentricvoice