When should a handyman consider raising prices for the second time in a year?

Q: When should a handyman consider raising prices for the second time in a year?

Direct answer: A second price increase makes sense when your schedule is still full after the first raise and demand hasn't dropped. Raise in small steps, tighten minimums, and communicate confidently so low-value jobs fall away. The goal is higher margin per stop, not more chaos. Practical steps Measure it: Track time, materials, and outcome on the next 5 jobs in this category. Standardize: Turn what works into templates, line items, and checklists. Communicate early: Set expectations before the job starts to avoid friction. Review monthly: Keep what improves margin and remove what creates chaos. Next step: Apply this on your next similar job and record what improved.

Question

Accepted Answer

Direct answer: A second price increase makes sense when your schedule is still full after the first raise and demand hasn't dropped. Raise in small steps, tighten minimums, and communicate confidently so low-value jobs fall away. The goal is higher margin per stop, not more chaos.

Practical steps

Measure it: Track time, materials, and outcome on the next 5 jobs in this category.
Standardize: Turn what works into templates, line items, and checklists.
Communicate early: Set expectations before the job starts to avoid friction.
Review monthly: Keep what improves margin and remove what creates chaos.

Next step: Apply this on your next similar job and record what improved.