I'm launching a home repair business concept and looking for some guidance. I don't have any experience in repairs myself, but I have a group of 3-4 enthusiastic individuals who are skilled in drywall repairs, minor plumbing, minor electrical work, and appliance repair. I'm offering them part-time gigs while they pursue their university degrees and paying them well compared to the tough job market in Vancouver, Canada.
The plan is to create a brand that markets their services, fills their schedules, and covers expenses like materials, gas, and insurance. The aim is to keep some profit margin for myself while ensuring everyone is compensated fairly. I'd love to hear your thoughts on this idea, tips for advertising, lead generation, and any other advice that may help me along the way.
One more thing: Since we will be working with entry-level individuals, I can control costs easily. Should I position us as the most budget-friendly option, or could that negatively impact our perceived quality? Thanks for all your help!
1 Answer
Running a business in a field you’re not familiar with can be a big risk. How will you know if your workers are overcharging or doing quality work? Plus, there are local codes and permits to consider, which could lead to big issues down the line. You might want to rethink if you’re really ready to dive into this. It's good to have the name of your business so we can give advice later, though... just saying!
I’ve done my homework! I’ve talked to industry professionals, checked out competitors, and even done minor jobs for friends to get a grip on costs and pricing. I’m focusing on simple repairs where mistakes are less likely. Plus, I’m insured and have plans to rectify any issues. I know my limitations, and I’m just setting up the business side of things!