Starting Handyman Business in Ontario, Canada - 5 Steps to Follow
Starting your own handyman business can be an exciting and rewarding adventure. Because handyman businesses are in high demand, as people are always looking for someone to do small repairs and renovations around their homes. However, starting a handyman business requires careful planning and preparation.
So, today we will tell you the five simplest steps to start your successful handyman business in Ontario. Let's find out!
5 Steps to Start A Handyman Business in Ontario, Canada
Now, let's find out the 5 simplest steps to start your successful handyman business in Ontario, Canada.
Step 1: Do Your Research
The very first step is to do your research and understand the market properly. And when I am saying the market that means everything like what kind of services are in demand in your area? Who are your competitors? What are the legal requirements for operating a handyman business in Ontario? and so on.
Step 2: Develop a Business Plan
Now the next step is to develop a solid plan. Remember a good plan is like the backbone of any business, because if this plan helps you map out your goals, strategies, and ways to achieve them.
Your business plan should include the following information:
- Your company's name and mission statement
- Your target market
- Your services and pricing
- Your marketing plan
- Your financial projections
- Your exit strategy
Step 3: Choose a Business Structure
There are different types of business structures, each with their own advantages and disadvantages. You must choose the right structure for your business, taking into account factors such as your personal liability, taxes and future growth plans.
The most common business structures of manual workers are:
- Sole proprietorship: This is the simplest and cheapest business structure, but also offers the least protection against personal liability.
- Partnership: This is a business structure where at least two people share ownership and responsibility.
- Limited Liability Company (LLC): This is a hybrid business structure that offers the advantages of both a sole proprietorship and a corporation.
- Corporation: This is a business structure separate from the owners that offers the greatest protection against personal liability.
Step 4: Get the Necessary Permits and Licenses
In Ontario, handymen are required to obtain a general contractor's license if they do certain types of work, such as electrical, plumbing and gas installation. So, if you are the one offering any such services, it's better you have the proper licensing. You can find more information about the requirements for tradesman permits on the website of the Ministry of State and Consumer Affairs.
Step 5: Market Your Business
Once you have all the necessary permits and licenses, it's time to start marketing your business. There are a number of ways to market your business, such as:
- Online advertising
- Print advertising
- Word-of-mouth
- Social media
You can also attend local networking events and join online forums to meet potential customers and partners.
You may also like to know How to Offer a Winning Quote as A Home Service Provider?
Additional Tips for Starting a Handyman Business in Ontario
Here are some additional tips for starting a handyman business in Ontario:
1. Build a strong network of contacts:
One of the best ways to find new customers is to build a strong network of contacts. Because a good network will always help you to build strong roots at the very start of your business. And network doesn't means contact with celebrities or big politicians but this can include people in your community, like real estate agents, property managers, and other business owners. And you can achieve this by simply attending local networking events, joining online forums, and volunteering in your community.
2. Get Certified and Licensed:
Getting certified is a great way to show potential customers that you have the skills and knowledge necessary to do the job right. There are a number of different certifications available for handymen, so be sure to choose one that is relevant to your business.
Talking about, different home services tasks, homeowners prefer hiring licensed plumbers and licensed electricians. So, it's anyways better to obtain the necessary licensing alongwith required skills.
3. Use the Right Tools:
Having the right tools is essential for any handyman business. Make sure to invest in a good set of tools that will make your job easier and more efficient.
4. Be Organized:
It's important to be organized when you're running a handyman business. This will help you keep track of your appointments, materials, and finances.
5. Be Professional:
Always dress and act professionally when you're working with customers. This will help you build trust and credibility.
6. Be Patient:
Not all jobs will go smoothly. There will be times when you have to deal with unexpected problems. It's important to be patient and understanding when these situations arise.
Are you planning to start a Handyman Business? You might be interested in learning How get free leads for your Handyman Business?
Starting a Handyman Business in Ontario, Canada
Starting a handyman business in Ontario can be a great way to be your own boss and earn a good living. But this isn't as easy as you are thinking, to start a handyman business you need to have a well defined plan with proper research and legal formalities. Only after this you can think to start a good and successful business.
Last Updated:
Feb-09