LLC Banking Guide: Handyman Services LLC in California (2026)

Handymen perform a wide variety of repairs in clients' homes, from plumbing and electrical work to carpentry. Each job carries the risk of property damage, personal injury, or faulty work claims. An LLC protects your personal assets and is often required by homeowner insurance policies and HOAs before they will allow work on a property. In California, handyman services face additional considerations including state-specific franchise taxes, license requirements, and compliance obligations that make getting your LLC structure right from the start even more important.

• Why a separate business bank account is non-negotiable
• Documents required to open an LLC bank account
• Best banks for LLCs: Chase, Mercury, Relay, Bank of America
• Business checking vs. savings accounts
• Business credit cards and building business credit
• Commingling funds and veil-piercing risk

Note: Additional $800 annual franchise tax for LLCs and corporations

• Property damage from repair or installation work
• Client or bystander injury from tools or materials
• Claims of faulty workmanship leading to further damage
• Water or fire damage from plumbing or electrical mistakes