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0147: Handyman Contractors Enjoy Steady Profits, Low Risk, Long Term Wealth
Handyman Contractors Are Very High-Profit Low-Risk Construction Niche.
Lately, we have been tracking how many new clients own and operate Handyman Companies, and the results are surprising. We have always known them to be a high-profit low-risk type of business that for the most part is not as severely impacted by ups and downs of the economy.
You can make a lot of money because you take care of the things most husbands, homeowners, and some small retail stores hate doing. Do it right and you can build a base of repeat and referral clients which can earn you a net income of over $75,000 and in many cases over $100,000 a year.
If you are inclined to add workers, the sky is the limit on your earning potential. Dan Perry Handyman Startup is one of the best sources of information for step-by-step how to set up and runs a profitable handyman company.
The key is being smart about where you put your time and energy. Do what you do best and outsource the rest. Don't try to save money changing your oil, filter and lube job when you can have it done at one of the quick-lube places. While they are doing it you can do some planning on your tablet, make some calls to line up more work or dozens other productive uses of your time.
• Keep a paper notepad and pen or pencil in your shirt pocket to jot down notes or if you prefer there are hundreds of "Apps" for your smartphone.
• If you work with Realtors, there are several ways to get the word out that you can handle the buyer or sellers punch list to get the home ready for sale or purchase.
Find a bookkeeper who understands what handymen do, someone who can keep your checkbook and credit cards balanced and reconciled. Prepare payroll if you need it, Quarterly Tax Returns, help you understand the difference between Sole Proprietor, Sub-S Corporation, and Limited Liability Corporation. Someone and someone who can let you see your QuickBooks Desktop version on the internet 24/7 and provides ongoing business coaching.
Handyman Construction Company Like Yours Has Unique Bookkeeping Needs Not Just Any Bookkeeper Will Do. Too often handyman construction company owners hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. Nothing is further from the truth.
In The Long Run We Are Less Expensive Cheap Bookkeeper
And We Offer Cloud-Based Desktop QuickBooks
Listen to this Podcast for more…
If you are Thinking About Outsourcing Your Contractors Bookkeeping Services you are invited to download a guide to finding the right contractor bookkeeping service to fit your particular situation at www.FastEasyAccounting.com/hs
Call Sharie now 206-361-3950 or [email protected] and schedule your no charge one-hour consultation.
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By Randal DeHart, PMP, QPAHandyman Contractors Are Very High-Profit Low-Risk Construction Niche.
Lately, we have been tracking how many new clients own and operate Handyman Companies, and the results are surprising. We have always known them to be a high-profit low-risk type of business that for the most part is not as severely impacted by ups and downs of the economy.
You can make a lot of money because you take care of the things most husbands, homeowners, and some small retail stores hate doing. Do it right and you can build a base of repeat and referral clients which can earn you a net income of over $75,000 and in many cases over $100,000 a year.
If you are inclined to add workers, the sky is the limit on your earning potential. Dan Perry Handyman Startup is one of the best sources of information for step-by-step how to set up and runs a profitable handyman company.
The key is being smart about where you put your time and energy. Do what you do best and outsource the rest. Don't try to save money changing your oil, filter and lube job when you can have it done at one of the quick-lube places. While they are doing it you can do some planning on your tablet, make some calls to line up more work or dozens other productive uses of your time.
• Keep a paper notepad and pen or pencil in your shirt pocket to jot down notes or if you prefer there are hundreds of "Apps" for your smartphone.
• If you work with Realtors, there are several ways to get the word out that you can handle the buyer or sellers punch list to get the home ready for sale or purchase.
Find a bookkeeper who understands what handymen do, someone who can keep your checkbook and credit cards balanced and reconciled. Prepare payroll if you need it, Quarterly Tax Returns, help you understand the difference between Sole Proprietor, Sub-S Corporation, and Limited Liability Corporation. Someone and someone who can let you see your QuickBooks Desktop version on the internet 24/7 and provides ongoing business coaching.
Handyman Construction Company Like Yours Has Unique Bookkeeping Needs Not Just Any Bookkeeper Will Do. Too often handyman construction company owners hire the wrong bookkeeper mistakenly believing all bookkeepers are the same. Nothing is further from the truth.
In The Long Run We Are Less Expensive Cheap Bookkeeper
And We Offer Cloud-Based Desktop QuickBooks
Listen to this Podcast for more…
If you are Thinking About Outsourcing Your Contractors Bookkeeping Services you are invited to download a guide to finding the right contractor bookkeeping service to fit your particular situation at www.FastEasyAccounting.com/hs
Call Sharie now 206-361-3950 or [email protected] and schedule your no charge one-hour consultation.