Are Handymen In Demand In Australia?
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Getting started as a handyman is fairly easy. There are few training requirements and the pay is competitive. However, before you get started, it’s important to understand the current demand for handyman services in Australia and if the market will remain strong in the future.
Is There Demand For Handymen In Australia?
Across the country, handymen are busy supporting homeowners and businesses with simple tasks and repairs such as hanging picture frames, painting, gardening, moving furniture, clearing gutters, and unclogging drains. These tasks are best handled by a handyman as they are typically cheaper than a contractor or specialist tradespeople.
The biggest challenge is finding people who are skilled enough to perform these types of tasks. The global marketplace is currently experiencing a major shortage of skilled workers. Australia is no exception. As more and more young people pursue 4-year college degrees, fewer are looking into technical trades like carpentry, plumbing, and electrical. To make matters worse, many skilled workers are getting older and preparing to retire. This will create massive amounts of demand in the future for handyman services. Currently, nearly 75% of Australian businesses are struggling to find the skilled labour they need.
Today, the tradesman and handyman franchises industry is valued at $1.1 billion. While this industry did see negative impacts due to the COVID-19 pandemic, it’s making a strong recovery. Many industry experts believe that growth will continue over the next decade or more.
To increase marketability, it’s highly recommended that handymen specialise in certain types of repairs, such as laying tile and grout, plumbing or electrical work. This helps establish yourself as an expert which allows you to charge higher prices for specialty projects.
Be sure to check out all of our articles for handymen, there's plenty of useful topics that will help you grow your handyman business.
Get The Right Insurance For Your Handyman Business
Having a high level of demand is great for handyman businesses, but there are some risks that should be considered. If someone is injured as a result of the work you performed, you could find yourself on the receiving end of a lawsuit. Fortunately, there are insurance policies designed to protect handymen from these types of financial claims.
Visit upcover's instant quote generator to get an estimate on market-leading business insurance for handymen in seconds! Simply enter your occupation as a handyman and your expected revenue to get started.