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Handyman Business Academy

53 members • $99/month

20 contributions to Handyman Business Academy
First Group Call - Starting April 6
A lot of you have requested that I bring back group calls. The first group is nearly full, and will be starting on April 6th. If you have any interest in being part of these calls, please send me a message and we can do a zoom so I can share more!
0 likes • 17d
I am definitely interested in the group calls. My preference would not be a Saturday morning though.
Yard sign purchasing
Does anybody have any experience with ordering from Alibaba? I have ordered beer koozies from the sight before and came out perfect. But I am a little worried about the yard signs not being great quality. Attached is the quote I received from Alibaba and a pic of ones they have made other people. I try to support local as much as possible but local is 3 times the cost. The best reputable US online deal I can find is dope marketing. Alibaba beats them by 40%. Second question is is anyone have great success with yard signs?. I understand you don't just put 10 randomly and never look back. We are planning on taking the consistent approach and placment will be around areas where our preferred customer base is. Our goal is brand awareness. Over the past 2 years we have worked for trade with other companies and have credits built up. One being radio, and one being a print shop. So our plan is to strategically place yard signs, send EDDM to targeted area and run out radio commercials. If anyone has suggestions on the order or staggering of the trifecta that would be great.
Yard sign purchasing
0 likes • Mar 1
Stick with DOPE marketing on yard signs. Can’t beat their pricing and service
Month End
Rounding out a strong performance from our team in Feb. In Jan we topped $100k in revenue, with a goal of $115k. Knowing we had a short month, we decided to still push and increase our goal for Feb. We are wrapping up final invoices now but it's looking like we will top $136k in revenue with a lot of jobs on the horizon and stronger months coming. Last year, February ended at $63k. How is this month ending for everyone?
1 like • Feb 28
@Tim Leary, I'd love to know what types of jobs you're focusing on to drive that revenue. What are your B&B jobs, and what are your favorite jobs? We have had a ton of remodel calls lately, and we just do not want to do that work. It is too time-consuming and hard to make margins.
Cash Flow Forecast
I can't stress this enough - cashflow will make or break your business. You can have insane revenue.. but if you don't have cash in the bank to pay your bills "SEE YA!" A cashflow forecast is a template that uses assumptive predictions to show you exactly when you are going to run out of cash. You can also use this model to determine whether or not you can afford a new debt. If you need a new truck, throw that cost in there. It'll tell you without emotion whether or not you can afford it, or if it's going to break you. I can't imagine the new truck is "Needed" when you can visually see your bank will be negative. This is arguably the most important tool we can have in such a cash flow necessity type of business. Here is a snap shot for reference.. This is a P&L side by side with a cashflow statement (This is exactly what we use at Handys & Champion Service Partners) If you're not in my consulting group and you want a template of this AND a 30 min session on exactly how to use it comment CASHFLOW ($249) and I'll jump on and build it with you!
Cash Flow Forecast
0 likes • Feb 26
You know, cash flow forecasting—and just cash flow in general—has always been my number one struggle. I wasn’t born wealthy, and I’ve never started a company with more than $30,000 in the bank. I have always been an open book and speak freely so... When I was in Commercial roofing, cash flow was very different. The sales cycle was 4–12 months. From the day we look at a project to the day revenue is actually produced, it could be up to a year. That forced us to focus heavily on repairs just to keep money moving. But once the money flows in roofing, it flows in large chunks. There’s usually a steady stream of significant deposits and final payments, so there was almost always money in the bank once things got rolling. Now in the handyman business, jobs are much smaller, cash flow feels completely different—and honestly, it’s been a constant challenge. We did $885,000 in revenue last year, but our gross profit was around 35%, and our net was only 3%. Those numbers are too low. We have a lot to fix this year. We’re transitioning technicians to a job-based pay system, and naturally, there’s pushback. They don’t like the idea that they’re not “getting paid” to stop at the gas station in the morning for their energy drinks and breakfast, or to make multiple Home Depot runs. But when they were hourly, I was paying for all of that inefficiency. We had way too many labor dollars spent walking around Home Depot last year. Job staging, prep, and planning have to improve. Not inventory necessarily—but execution. I completely understand why cash flow stresses people out. Every week—especially coming out of winter—I look at what’s sitting in Housecall Pro and think, “How am I making payroll in four days?” It’s stressful. I’m a Christian man, and I truly believe God has taken care of me. In 30 years, I’ve never missed a payroll. Somehow, money always shows up in time to cover payroll, shop rent, truck payments, and everything else. But by the end of the week, the accounts are usually looking pretty thin, and we start the next week doing it all over again.
Sales commissions
Curious how others are handling commission timing for salespeople. For those of you paying a commission (especially if you’re doing salary + commission), when are you paying it out? Are you paying partial commission when the deposit comes in during that week’s payroll? Or are you paying the full commission only after the job is completed and paid in full? We’re currently paying salary plus commission, and I’m leaning toward paying commission on the back end once the job is completed and collected — but I’d love to hear how others are structuring it.
0 likes • Feb 26
Adding to my post: Clarification on Sales Commission vs. Production Pay if sold and produced by a salesman I would like to add to my post regarding the sales commissions. If a technician who also does sales sells a job and then goes out to perform the installation work himself, I’ve heard some companies say the tech gets an additional percentage of that job. However, I don’t understand that structure. If the technician is classified as a Tier 3 technician making $40 per hour for handyman installation work, and he spends 2 hours on a job he sold, performing the work, wouldn’t he simply get paid the normal job production pay for those 2 hours? So $80 pay plus the commission for selling it. Keep in mind, he is on a salary of $579/week for the sales. I don’t see why that would turn into an additional percentage of the job on top of the sales commission. In my opinion, production and sales should be completely separate. If you sell it, you earn the commission and your base pay. If you install it, you earn the production pay. But stacking a percentage on top of both doesn’t make sense to me. Let’s think this through and determine what structure is clean, fair, and sustainable in the long term.
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Richard Tooley
3
36points to level up
@richard-tooley-9920
Trades background, always tinkering with systems, processes, and how to run a better service business.

Active 2d ago
Joined Jan 3, 2026
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