Are You Handy? Turn That Skill Into Profit

Different people have different skills, and it’s a sad fact that often those skills aren’t translated into people’s career choices. One skill that many people possess but never pursue any further is handiness. Everywhere you look, there’s something that needs fixing and something that needs building. If you’re the kind of person that’s skilled in building and repairing, then perhaps the business opportunity that you’ve been looking for has been sitting right underneath your nose!

Starting Your Own Handyman Franchise

So, if you’re handy around the house, maybe it’s time you started offering those services to the general public. But just how is it that you can go about doing that? Well, there are some things that you’ll need to do in order to get started, and in order to determine if you can get started in the first place.

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As you probably already know, the equipment that’s required for construction and repairs can be prohibitively expensive. Perhaps, though, you feel that you have enough of that equipment already. But, be honest with yourself. Is that garage full of tools that you have really up to the task of providing service to a variety of different customers in a variety of different locations? For that matter, do you have a vehicle that can get you reliably from job site to job site?

If you’ve been thinking about these questions, then you can probably see where this is heading. Pursuing a self-made business opportunity in this sector can be incredibly expensive. There’s a lot of overhead to consider, and if you’re not going to be able to build up the client base quickly enough, then you might just as quickly plunge yourself into debt as you did to decide to pursue this business opportunity. For this reason, you’ll want to make sure that you have an adequate war chest (and equipment) that can see you over the initial hump of getting your business off the ground.

If you have that locked down, then you’ll need to further refine your business model. What kind of construction or repair services will you be able to offer your customers? What certifications will you need to be able to present in order to prove your credibility as a contractor? These are both important questions that you’ll need to have the answers to before you successfully pursue a self-made business opportunity in construction and repairs. In addition, do you possess the necessary marketing and sales skills to get you the clients you need? If not, then you might have to consider partnering with someone else who can bring that expertise to the business table.

RELATED: WHERE TO FIND A BUSINESS PARTNER

If all of that sounds like too big of a hassle, then there are plenty of other opportunities that you can pursue. One that you might find particularly enticing is this: Owning your own hardware store. Doing so could be incredibly fun for a handyman entrepreneur like you, and it could help you gain the valuable contacts you’ll need to get your business off of the ground later on down the line.

Pursue a Business Opportunity with Ace Hardware

As it so happens, popular hardware store, Ace Hardware, offers an incredible business opportunity for an entrepreneur, such as you, to get involved in the retail hardware industry.

With Ace Hardware’s franchise program, an entrepreneur can jump right into business ownership. One great benefit that Ace Hardware provides to its franchisees is that it offers an opening stock order free of charge. As you might imagine, making this opening stock order for any franchise business can be incredibly expensive, and the savings that Ace Hardware provides can go a long way toward helping an entrepreneur get his or her business off of the ground. In addition, Ace Hardware does not require its franchisees to pay royalty fees, which keeps hard-earned cash in its franchisees’ coffers. By choosing to pursue a business opportunity with Ace Hardware, you’ll also be joining on with a nationally recognized brand. There are, of course, many benefits to this, not the least of which is having instant credibility within the locality that you choose to operate.

Much like starting your own business in construction and repairs, there are some pretty hefty startup costs associated with opening your own Ace Hardware store. The minimum upfront investment is in the ballpark of $200,000. But, as you’ve already read, you get a lot out of that initial investment.

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