The #1 reason most people don't start a handyman business

The #1 reason most people don't start a handyman business

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TIMESTAMPS
0:00 Intro
0:50 explaining Financial words in business
1:26 What Gross Revenue means
2:11 What GOGS means
2:35 What Gross Profit means
2:51 What Overhead means
3:26 What Net profit means
4:03 How to find Profit Margin
6:12 Outro

[boomfiechat]

1st time viewer and now subscribed, Thanks! You described me in this video, Have a engineering/tech background and passion for handyman work on the side. Been wanting to start my own business but never get anywhere because I overthink things and can't get pass the planning phase. I would really like to reach out and get more pointers and possibly start building a network! Thanks again excellent video!

[Mindalus]

Great video, I’m in the opposite situation. I’m a CPA so I understand the business side very well. It’s where to start with the technical skill and how to practice it before I actually start on customers homes where I’m struggling. I’m very new to “handyman” type work so not sure what to focus on and how much time I need to put in to xyz skill.

[noemendoza]

My question is how do you survive as a handyman in California when we are regulated to not do any work quotes over $500 including materials.