The Better Business Bureau (BBB) has issued a scam alert, warning homeowners to be cautious when hiring home improvement contractors, especially after major storms, floods, or weather events. The service provides a list of most viewed website reports and allows users to check the online reputation of a website, whether it is safe or a scam, and if a company is legitimate.
Scams can start with a knock on the door, a flyer, or an ad, offering low prices or short timeframes. To avoid being ripped off, it is essential to stop and check the company’s legitimacy. Before making home repairs, ask for recommendations from trusted individuals and ensure that the companies have licenses.
In 2023, the Federal Trade Commission reported nearly 83,000 reports of home repair, improvement, and product scams. To start a general home repair business, follow these 10 steps: Plan your business, form it into a business, and contact the AG’s office as soon as possible.
Some scammers may take your insurance money and run away, never refunding you or doing the work. To avoid this, it is crucial to contact the AG’s office as soon as possible.
Home repair businesses are lucrative, easy to set up, and enjoyable. To start a home repair business, follow these five easy steps:
- Check the company’s BBB rating, reviews, complaints, and more.
- Check the company’s license and insurance.
- Check the company’s old-fashioned values and over 32 years of experience.
- Contact the AG’s office as soon as possible.
- Remember that a City of Chicago regulated business license is required for the activity of home repair.
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📹 How To Start A Handyman Business In 2024 With No Business Experience
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Hi, friend. I “rushed” out and started an LLC for a freight brokering business. But a friend warned me that the name of the business may create some issues, so in five days I turned right around and dissolved it. About a week later I came up with another name, but did not submit the data as I had with the first. Did I create any trouble for myself? There may be a higher risk of being sued as a freight broker, agent, or dispatcher because the load can become damaged in transit, stolen, and in some cases a driver can just get disgruntled with the world, pull the truck over on the side of the road, and leave it there. In other words, somebody will have to pay for damages and/or lost or stolen freight. Thoughts?
Great content, thanks! Last April I started working on a job for a very large company but not directly. Because their hiring process is so long and they wanted me to start work right away, they had me start as an employee thru a company they already had contracted. That job should come to an end in Sept but now they are talking about hiring me as my own company for another job. Lets say I’ve made 150k on this job and the next job will be 30k by end of year. My question is if I open an S-corp now can I run the full amount through the S-corp for this year or only the 30k?
Hello. I wanted to say thank you for all the informationa and time that you have given us. I have been in the apartment maintenance industry for 7 years and this website has givin me the answers I was looking for. I was literally in the process of starting my buisness when i found your website. Monday is 03/04/24 I will be going out with my packets . Thank you again!
This is great info! Thank you! I have been the wage slave with a communications company providing voice and internet for 22yrs, but it has turned toxic. I have the skills and have built my own house. It is just hard to get out of this rut and also scary to shift gears when I have a family also. I should just dive in though and get established before I leave my day job.
You’ve mentioned before you get work orders for jobs from property managers. I’d like to see a article on that for more detail. Like “this is the work order i received yesterday, it says x tasks need to be done at x residence”. And the process of turning that work order to an invoice to getting paid. thanks
I know some states only allow you to make up too 500 a job… how do you get around that. Like Florida is one I know of. Only way I have seen is with a Contractor license. Which is hard to get that if you already been doing only handyman work before and don’t have prior construction W2 job experience to satisfied the hours requirement for it?
Dear Ray, I hope this message finds you well. I wanted to take a moment to express my gratitude for everything you’re doing to educate people about the handyman business. Your articles have been incredibly valuable to me as I conduct my own research in preparation for starting a handyman business. I also wanted to let you know that I will definitely be using your Jobber link when I’m ready to get started. One of my biggest challenges is setting my prices to attract customers and my biggest fear is that I will not be able to keep a full schedule. Thank you again for your insights and guidance. I look forward to learning more from you!
I did follow to you again I like what you said in general lines Follow your dream and what you enjoy doing You where in plane industry and was not your cup of tea or you were not happy personally doing it We all have bills and responsibilities but love what you do and do what you love As starters invest on better tools or purchase the tools It all takes effort and sacrifices but as much you do better it gets We are problem solvers if you don’t know or can’t do it say so and figure the way to take the problem away I love your thoughts and if I choose a different market all you need is to get economic security and be the one to call
Hey all, I love this content. However, I believe the “corporate veil” that an LLC provides is not the “bulletproof” shield against legal action that many think it is. It protects your personal assets from business creditors: those to whom your business owes money. So if you fall behind on your business debts, they can’t come after the family station wagon. It does not, however, stop a wronged party from suing you for damages in the event you mess up a toilet install, drop a hammer on someone’s head, or accidentally burn their house down. Just think about it: if you were wronged in such a way, you might sue everyone and anyone who had a hand in your injury. The corporation and its owners included. Just because they are separate legal entities, doesn’t mean they can’t both be sued. Exercise caution, and cover your ass!
I used to be a self employed contractor/handyman but I had to give it up for a job with a more stable income. I now want to get back into it, but I want to focus on 2-4 hour jobs that I can do in my spare time. But maybe eventually take on bigger projects. My question is, do I name and market my business as a handyman business? Or should I name and market it as a remodeling business to reflect what I would like to do once I am more established?
I have a simple question for you as business owner Do you have employees besides the one I see on your son a couple of filler guys ?? At your age or mine in general will be a point or moment you can’t be there Did you find someone as reliable as you who can represent your business?? I keep having issues on that
Handymen are all failures. Jack of all trades and master of none. You’ll never be considered a professional because you don’t specialize. Cheap but wise homeowners know how to exploit handymen because of this. Most don’t know how to price their services and undercut everyone. They’re “busy all the time”. There is one where I live who calls himself ‘Bottom Dollar Handyman’. What a joke. Y’all fighting each other for peanuts. More YouTube taught handymen getting their LLC’s everyday 😂