The US home service market is so vast that it’s projected to hit a monumental $1,219 billion by 2026.
With this kind of growth, it may be time for you to delve into the market and become an entrepreneur. The question is, what home service business ideas could you profit from? The following are five examples of home services businesses that can be performed out of your garage.
Before you start any service business, ask a few questions, like whether your area is open for it? Are there enough potential clients to make it worth the while? What is the possible competition? How much will it cost to get up and running?
If your answers indicate that this is something worth pursuing, here are some ideas for generating new business.
Home Cleaning Services
The home cleaning industry is currently thriving, with so many people leading too busy lives to get down to it themselves.
The demand for residential cleaning services is set to rise in the future, so if you’re up for it, this is hands down one of the best home service business ideas. Starting out with this service may also open up other opportunities in the future, such as carpet cleaning and window washing.
This is one of the easiest services to run out of your home garage because all that is needed is some equipment and supplies.
If you are one of the few who actually know how to work on pipes and faucets, then this might be an option for you. This can definitely cost more money than most other home service businesses since equipment like pipe cutters and reamers costs quite a bit. However, after getting started with some simple repairs, there might be enough demand for full-on installation jobs as well.
If you already know how to paint houses, then this should be a no-brainer. Even if you don’t have any experience with house painting, there are plenty of tutorials available on YouTube that show beginners how to cut in properly so that even they can have success with painting houses professionally.
You only need a local license and a few insurance policies in case things go wrong during an outdoor paint job. This might not seem like much at first glance, but this service has the potential of being very profitable if enough jobs can be generated.
Roofing and Window Installation Services
Although this service does require special licensing and insurance, it is a popular home services business idea that people are willing to pay for. This might require an initial investment in tools that you may not have had before, but there is still plenty of money to be made here.
Apart from roofing, window installation, repairs, and replacement services are excellent home service business ideas. If you have the skills and experience, you may even consider purchasing a franchise business for sale with promising returns.
Even if you’re not a professional landscaper, there are plenty of other lawn care services that can be done for customers. You could offer basic landscaping services like mowing, trimming bushes, and edging flower beds.
You may have to spend some money on purchasing your own equipment before getting started, but once it’s paid off, there shouldn’t be any more costs associated with this business.
Some of the Best Home Service Business Ideas
If you’re looking to become an entrepreneur, these are some of the best home service business opportunities you could cultivate. There is so much promise in these types of businesses because homeowners will always need them at different times.
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