Numerous people are putting up their own businesses today whether offline or online. This path allows them to have the freedom to do the things that they're passionate about and not be bound to a 9-to-5 job. If you have the dedication, patience, capital and a good concept, you're free to do so any time you're ready.
Starting a business, though, is not completed overnight. It takes time and a lot of planning to make sure that everything will run smoothly. Coming up with a business plan should be your first priority. A plan will serve as your guide as you operate your business. This is where you list the details of your business from the name to use, your goals, target audience and capital to your marketing strategies, projected income and the fees you will charge for the tasks required.
A handyman business plan need not be very complicated and detailed. A simple and straightforward one will suffice. For samples, you can search on the internet and choose which ones to pattern your plan after. Normally, a typical plan includes a summary of what the company is about, the services you offer, a market analysis, marketing plan offline and online, sales strategy and forecast, a management summary and a financial plan.
Company profile
Be sure to provide information about your company. Specify if it's a single proprietorship, a partnership or corporation. State the name you have chosen to use. Note that you can use your business name not only as an official name but also as the unique ID of your website if you plan to establish an online presence. However if the same name already exists on the internet, you can use another name (web address / URL) for your website although it can still display your official and registered business name on your web pages.
Services offered
Spell out the services your offer to let your clients know what tasks you are capable of doing. So it can be assembling and installation of fixtures, painting, plumbing repair, electrical repair and so on. These should also be specified in your marketing materials including your website.
You can state your competitive edge in this section. This can be on the personalized and quick service you offer or the low rates you charge for minor home repairs. Another come on to customers is to promote that you can call a handyman anytime during the day should the need arises.
Marketing plan
Any business should initiate a marketing strategy to promote what you do to your target audience. Other than attracting more clients, the aim of this is to make people aware of the professional service and the reasonable fees you provide. This can be accomplished through advertising in local newspapers, the yellow pages. Marketing on the internet is also possible wherever you want to go for the paid or the free options.
Sales strategy and forecast
It will also help if you can come up with a sales forecast and sales strategy. This will guide you on how much earnings to gain for the different services your offer for the week or for the entire month based on the hourly rate you charge your customers. If you wish, you may also include your annual projection.
