Chad and Kathy Price opened their Mr. Handyman franchise business in August 2009 and were recently featured in Harrisburg Magazine’s article that outlined 10 industries that are still in high demand despite the nation’s unemployment rate. The tenth and final section is titled, “The Entrepreneurial Spirit,” and is written about Price and joining the nation’s leader in home repair and maintenance.
Chad Price, President of Mr. Handyman of the East Shore, did just that. At only 35, Price is an entrepreneurial veteran. Almost from the moment he graduated college, Price went into business for himself. After a couple successful financial trade businesses that demanded large portions of his time, he sold the businesses and opened up a Mr. Handyman franchise. “I have always owned my own business,” he says. “My previous companies were successful, but it got to the point that I was working 12-hour days, every day. So, I got into a business that fit my personality and that there was a need for.”
Price’s family provided the catalyst for taking the risk of opening a new business despite the success of his previous ventures. Since opening the Mr. Handyman franchise, he has been able to spend a lot more time at home with his wife, Kathy – who serves as the VP of the franchise – and his three young children.
Price knows well the pitfalls of owning your own business. “The biggest factor in going out on your own is making sure you have enough money,” he admits. “If you think it takes ‘x’ amount, double it. The number one reason businesses fail is that they don’t have enough capital.”
With more than 320 franchises across the nation, the Mr. Handyman franchise is a professional home and maintenance repair company. Price’s Mr. Handyman franchise covers an area that reaches from downtown Harrisburg to Lebanon to Elizabethtown. “We do everything,” he says, “from cleaning gutters, drywall repair and carpentry to minor electrical work, minor plumbing and any other small job that general contractors feel are beneath them.” With two full-time employees and another about to be hired, Price’s franchise is performing well.
For all those future entrepreneurs dreaming of being their own boss, Price offers one last pearl of wisdom. “From the standpoint of going from employee to owning your own business, make sure it’s something you absolutely love doing. You’re going to live it day in and day out. Owning your own business is a lifestyle.”
Chad Price, President of Mr. Handyman of the East Shore, did just that. At only 35, Price is an entrepreneurial veteran. Almost from the moment he graduated college, Price went into business for himself. After a couple successful financial trade businesses that demanded large portions of his time, he sold the businesses and opened up a Mr. Handyman franchise. “I have always owned my own business,” he says. “My previous companies were successful, but it got to the point that I was working 12-hour days, every day. So, I got into a business that fit my personality and that there was a need for.”
Price’s family provided the catalyst for taking the risk of opening a new business despite the success of his previous ventures. Since opening the Mr. Handyman franchise, he has been able to spend a lot more time at home with his wife, Kathy – who serves as the VP of the franchise – and his three young children.
Price knows well the pitfalls of owning your own business. “The biggest factor in going out on your own is making sure you have enough money,” he admits. “If you think it takes ‘x’ amount, double it. The number one reason businesses fail is that they don’t have enough capital.”
With more than 320 franchises across the nation, the Mr. Handyman franchise is a professional home and maintenance repair company. Price’s Mr. Handyman franchise covers an area that reaches from downtown Harrisburg to Lebanon to Elizabethtown. “We do everything,” he says, “from cleaning gutters, drywall repair and carpentry to minor electrical work, minor plumbing and any other small job that general contractors feel are beneath them.” With two full-time employees and another about to be hired, Price’s franchise is performing well.
For all those future entrepreneurs dreaming of being their own boss, Price offers one last pearl of wisdom. “From the standpoint of going from employee to owning your own business, make sure it’s something you absolutely love doing. You’re going to live it day in and day out. Owning your own business is a lifestyle.”