December 1, 2022

During the projected period of 2021 to 2030, the worldwide commercial carpenter market is expected to develop at a CAGR of 4.5%. The increasing need for commercial carpenter services in other industries such as construction and decoration, as well as furniture, is expected to drive this market forward. etc.

Part of the growth is because people want to renovate their homes and larger commercial buildings to keep them up-to-date. Learning how to become a handyman is the first step toward getting the dream job in construction or other areas of the industry.

This article explores what it means to be a handyman and how you can make an income by offering your services.

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Study the Requirements for Handyman Licensing

Working as a handyman requires a license in only a few states. Handymen are permitted to work without a license in several states as long as the work does not surpass a specific financial level.

In Alaska, for example, a handyman’s license is all that is required to work on any contracting jobs worth more than $10,000. Because handymen specialize in modest works that do not require a license, such as significant remodels or renovations, this is frequently the best option.

In places where a license is required, there are numerous steps to become a licensed handyman, including:

  • Showing health coverage proof
  • Professional experience certification
  • Passing the examination
  • Accreditation with the Department of Labor
  • Separate Your Business Expenses.

The next item on your to-do list should be to open a separate bank account for your company’s finances. Even before you recruit workers or apply for business loans, you should try to keep your personal and business costs and income separate.

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The first argument is just pragmatic. It can be difficult to distinguish business-related expenses from personal expenditures. The idea that you should shield your personal assets from the obligations and losses that the firm assumes goes beyond the principal rationale.

Many financial processes are also made easier by having separate accounts. This involves bookkeeping, tax preparation, payroll, insurance payments, and other tasks. Digital accounting software is also easier to utilize with business accounts.

Choose a Mentor on How to Become a Handyman

If you know someone who works in construction or is a handyman themselves, get to know them better. Offer assistance and ask questions in exchange. 

The majority of people are more eager to share their knowledge. Just ask. Perhaps, you will be able to build enough relationships with them that you will be able to contact them anytime you have a question or an issue.

We definitely would recommend hiring a contracting industry expert even if you don’t know anyone. Some folks may surprise you with how much information they are willing to share. It may take some time to find a mentor with whom you can form a relationship, but the effort will be worthwhile and some items aren’t available on the internet.

Even if you don’t have much experience with formal business, investing in the right tools and extra resources can make it easier to grow your business and your revenue.

Putting It All Together

If you’re interested in how to become a handyman, choosing a career path guide is a great resource. It provides an overview of what handymen do, what skills they need, and how to get starting a business field.

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After reading this guide, you should have a good understanding of what it takes to become a handyman. 

If you found this guide useful, read more of our blog content.