Handyman Startup Budget Builder

What It Does

This tool helps you plan startup costs and prioritize what matters first: licensing/insurance, minimum viable tools, and the basics needed to start earning without overbuying gear.

Who It's For

  • Beginners starting with limited money
  • Side-hustlers going full-time
  • Anyone trying to avoid "buy everything first, earn later"

How It Works

Inputs: Current tools, target services, budget constraints

Outputs: A startup budget plan + tool checklist + gaps

Frequently Asked Questions

How much money do I need to start a handyman business?

It depends on your service mix, insurance requirements, and what tools you already own. The key is to build a "minimum viable setup" that lets you start earning quickly, then reinvest instead of financing everything up front.

What tools do I need first?

Start with tools that unlock the most common jobs (basic hand tools, drill/driver, common repair items). Add specialized tools only when your job mix demands it.

How do I avoid overspending on tools?

Don't buy for the fantasy version of the business. Buy for the next 30–60 days of likely jobs. Use the budget builder to prioritize purchases based on revenue impact.

Should I start part-time while building my kit?

Often yes. Starting part-time reduces risk and gives you real-world feedback on what tools and services actually matter in your market.

How should I think about licensing/insurance costs?

Treat them as non-negotiable overhead. If you don't fund them, you'll either operate illegally/uninsured or you'll eventually pay them anyway — usually at the worst time.

Watch Ray Explain It

  • What You Need to Start
  • Complete Tool List Deep Dive

Try it free — create an account to save your budget and export reports.