Blog & News
Why the Home Improvement Market Is Profitable
There’s no place like home. A man’s home is his castle. Home is where the heart is. Make yourself at home. There’s a reason there are so many well-known expressions containing the word ‘home.’ Our homes are more than just shelter, they are places of comfort and belonging. We want them to be beautiful and […]
avril 10th, 2023 | Home Services Industry
Electrician Franchises vs. Other Home Service Franchises: Comparison
Electricity is such a common part of our lives that we often take it for granted—as long as when we flip the switch, the lights come on. But these days we need electricity for so much more than our lights, that if the power goes out, life stands still. Qualified electricians have never been in […]
mars 29th, 2023 | Home Services Industry
Home Service Franchise Opportunities: Why They’re the Best
Mortgage rates have risen more than 4% since the start of last year, so it’s no surprise that home renovation projects are up — if you can’t afford a new home, you’re going to take better care of the one you have. According to Harvard University’s Joint Center for Housing Studies, spending on home renovation […]
mars 9th, 2023 | Home Services Industry
Franchise Agreement: What’s Considered a “Good” Agreement?
If you are new to the world of franchising, you may not be familiar with some of its common terms, including franchise agreement, franchise disclosure document, turnkey franchise, and royalties. Today, we’re going to take a closer look at what’s arguably the most important of them: the franchise agreement. This is a contract you (the […]
février 26th, 2023 | Franchising 101
Franchise Trends That Are Changing the Industry
When many people think of franchising, they think of fast food. Sure, fast food restaurants are some of the earliest and most prominent examples of franchising. But in the past few decades, franchising has evolved far beyond food service. There are franchises in hundreds of industries, including healthcare, travel, fitness, pet grooming, and home services […]
février 10th, 2023 | Franchising 101
Franchise Portfolio: 4 Benefits of Diversifying Your Investments
As a franchise owner, you’re in business not just to earn a living, but also to make money. That means treating your franchises as investments and looking for ways to maximize profit. The most obvious way to do this is owning multiple units of the same franchise in different markets. Multi-unit franchise owners are usually […]
janvier 30th, 2023 | Franchising 101
What Businesses Do Well In a Recession?
When the economy is booming, it’s a good time to be in business. Consumers have money in their pockets and are not afraid to treat themselves. But when inflation is on the rise, and the economy is heading toward a recession, people tend to keep a tighter grip on their cash, saving it for the […]
janvier 20th, 2023 | Financing and Investment
Restoration vs. Remodeling Business: What’s More Profitable?
Let’s face it. Most people go into business because they want to make money. If you are looking into starting a business by buying a franchise, begin your search in a booming industry— especially one that’s predicted to keep growing at a double-digit pace for the next few years. According to Verified Market Research, the […]
janvier 12th, 2023 | Home Services Industry
Get Your Questions Answered on How to Become a Franchise Owner
Owning a franchise can be a rewarding and lucrative way to start your own business, because you’ll also be benefiting from the support and resources of a larger brand. But how can you become a franchise owner? Let’s break it down and explore the steps you’ll need to take to turn your dream into a […]
décembre 29th, 2022 | Franchising 101
What is a Franchisee Association and Should You Join?
Should you join a franchisee association and are they actually helpful when dealing with franchising issues? Learn more about what to expect. Franchisee Associations Defined As a part of a large franchise system, franchisees may feel like they aren’t sure who to turn to when questions or concerns come up, especially if there’s an issue […]
septembre 14th, 2022 | Franchising 101
