Re: Home Improvement Business Plan.

"txoutdoors" <[EMAIL PROTECTED]> wrote in message
news:[EMAIL PROTECTED]
>
> Hi all,
>
> I am considering starting a home repair business.  I would offer basic
> home repair services but eventually move into remodeling and design.
> I enjoy the work and I have several project houses that I am working
> on right now in my spare time.  Currently, I am researching to see if
> it could be a viable business to run full time.
>
> What are your thoughts on home repair (i.e. handyman) business?  Is it
> an area that has potential or is it dominated by the do-it-yourselfers
> and assorted people who do this part time?

What kinds of things, exactly, would you be doing? I'm looking for somebody
to help paint a bedroom in my house. What is that, eight hours work at
$10/hour?

I had a plumber out to snake the drains in my house last Sunday. (Yes,
Sunday.) It took two guys about two hours to get the job done. They came
with a van, the tools to do the job, etc. And they only charged $85.00.

When you're self employed, you have to market yourself, maybe do
bookkeeping, maintain all of your own equipment, etc. A typical consultant
works more than sixty hours a week and is lucky if half of those hours are
billable.

You also have to pay more money in social security taxes.

I just don't see where the money is. Its great that you are able to fix
things. Now, you have to find things to fix that people are willing to pay
decently to have repaired.

Many people think like you do: "I will start a small business doing small
things and then once that is going well, I will start doing big things."
What happens is that people come to see you as a person who does small
things and then call somebody else for the big things. The time for you to
think big is now, when you're starting your business.

Good Luck!

Mike Turco