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The Best Construction Franchise for Residential Remodeling
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The Best Construction Franchise for Residential Remodeling

home improvement franchise, N-Hance Franchise Information, N-Hance Franchise Opportunities

13 12, 2022

The Best Construction Franchise for Residential Remodeling

By Dwayne Tanner|2023-07-26T12:31:52-05:00December 13, 2022|home improvement franchise, N-Hance Franchise Information, N-Hance Franchise Opportunities|Comments Off on The Best Construction Franchise for Residential Remodeling

When researching franchise opportunities in the construction industry, your first decision is determining whether you want to be on the home-building side of the business, or on the home remodeling, refinishing, and renovating side of the business. The National Association of Home Builders notes that builder confidence for newly built single-family homes posted its 11th straight monthly decline in November 2022 according to their housing market index. This is the lowest confidence reading since June [...]

Renovation Franchises: Six Types You Can Open
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Renovation Franchises: Six Types You Can Open

N-Hance Franchise, home improvement franchise, N-Hance Franchise Information, N-Hance Franchise Opportunities, Wood Refinishing Franchises

15 11, 2022

Renovation Franchises: Six Types You Can Open

By Dwayne Tanner|2024-01-25T09:12:17-06:00November 15, 2022|N-Hance Franchise, home improvement franchise, N-Hance Franchise Information, N-Hance Franchise Opportunities, Wood Refinishing Franchises|Comments Off on Renovation Franchises: Six Types You Can Open

Considering home renovation franchises? The market is HOT right now. MarketWatch predicts the home improvement industry will be worth $500 billion by 2026. These types of franchises generally have lower investment costs, are home-based businesses, and offer free advertising through word-of-mouth referrals. Learn different types of home renovation businesses you can open and how to determine which is best for you. Kitchen Remodeling Kitchens are the most renovated room in the house. Modernizing them is [...]

Remodeling Business Plan: A Five-Step Guide
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Remodeling Business Plan: A Five-Step Guide

home improvement franchise, N-Hance Franchise Information

1 11, 2022

Remodeling Business Plan: A Five-Step Guide

By Dwayne Tanner|2024-01-25T09:26:55-06:00November 1, 2022|home improvement franchise, N-Hance Franchise Information|Comments Off on Remodeling Business Plan: A Five-Step Guide

A remodeling business plan provides a snapshot of your business. In it, you'll lay out your growth plan for the next five years, explain your goals and strategies to reach them, and provide market research for your industry. Writing a successful remodeling business plan is fundamental to opening a successful business. Our five-step guide details every step you need to take. 1. Perform Market Research You know you want to join the booming remodeling industry, [...]

5 Home Improvement Franchise Trends: A 2025 Outlook
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5 Home Improvement Franchise Trends: A 2025 Outlook

home improvement franchise, N-Hance Franchise

15 09, 2022

5 Home Improvement Franchise Trends: A 2025 Outlook

By Dwayne Tanner|2024-01-25T09:39:19-06:00September 15, 2022|home improvement franchise, N-Hance Franchise|Comments Off on 5 Home Improvement Franchise Trends: A 2025 Outlook

Want to open a home improvement franchise? Learn which home remodeling industry trends are gaining momentum (and which are on the way out) to find the best opportunity. Trends to Watch Many people are calling it the “renovation renaissance.” People who want to revamp their homes have several factors to weigh. Here’s a look at trends from experts that home improvement franchises are watching: Remodeling vs. Buying Inflation, interest rates, rising construction costs, and increased [...]

7 Creative Ways to Get Home Improvement Leads
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7 Creative Ways to Get Home Improvement Leads

home improvement franchise, N-Hance Franchise

1 09, 2022

7 Creative Ways to Get Home Improvement Leads

By Dwayne Tanner|2023-07-12T15:56:21-05:00September 1, 2022|home improvement franchise, N-Hance Franchise|Comments Off on 7 Creative Ways to Get Home Improvement Leads

Wondering about the best ways to get home improvement leads? Here are seven marketing ideas for home improvement companies to find new customers. 1. Use Social Media Innovatively Meet your customers where they’re spending their time -- social media. Angi finds that 51% of customers use social media for buying decisions, with Facebook being the best platform for home remodelers. On top of that, Sprout Social says 80% of all internet users who earn $100,000 or more use Facebook. [...]

Renovation Franchise Cost: 5 Upfront and Ongoing Costs to Expect
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Renovation Franchise Cost: 5 Upfront and Ongoing Costs to Expect

home improvement franchise, N-Hance Franchise Costs

15 08, 2022

Renovation Franchise Cost: 5 Upfront and Ongoing Costs to Expect

By Dwayne Tanner|2024-01-25T12:46:51-06:00August 15, 2022|home improvement franchise, N-Hance Franchise Costs|Comments Off on Renovation Franchise Cost: 5 Upfront and Ongoing Costs to Expect

You’re thinking about opening a home improvement franchise, but now as you begin to research, you’re noticing lots of dollar signs. It can be challenging to decipher the true costs. Plus, everything’s adding up quickly. Curious about what your renovation franchise costs will be? Here are five expenses you can expect. 1. Initial Franchise Fee A franchise fee is your cost of entry into the brand. The payment unlocks the door to the franchisor’s proprietary [...]

Woodworking as a Business: 5 Reasons to Open a Cabinet Franchise
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Woodworking as a Business: 5 Reasons to Open a Cabinet Franchise

home improvement franchise, Wood Refinishing Franchises

1 08, 2022

Woodworking as a Business: 5 Reasons to Open a Cabinet Franchise

By Dwayne Tanner|2023-04-24T10:54:05-05:00August 1, 2022|home improvement franchise, Wood Refinishing Franchises|Comments Off on Woodworking as a Business: 5 Reasons to Open a Cabinet Franchise

If you’re considering woodworking as a business, learn all the different types to choose from and which one would provide the best path to financial success. Here’s what it takes. Types of Woodworking Businesses According to Profitable Venture, woodworking accounts for 4% of the total U.S. manufacturing GDP. If you’re looking to work with your hands and provide a service, there are many options for woodworking businesses. Here’s a look at some that Builderology lists: Custom Furniture Business: Requires [...]

The Rise of the Home Improvement Industry: A $450 Billion Market
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The Rise of the Home Improvement Industry: A $450 Billion Market

home improvement franchise, N-Hance Franchise Opportunities

15 07, 2022

The Rise of the Home Improvement Industry: A $450 Billion Market

By Dwayne Tanner|2024-01-25T12:45:20-06:00July 15, 2022|home improvement franchise, N-Hance Franchise Opportunities|Comments Off on The Rise of the Home Improvement Industry: A $450 Billion Market

By the start of 2023, the Joint Center for Housing Studies expects home improvements and repairs to expand to a nearly $450 billion industry. The home improvement industry has been growing at unprecedented rates since the pandemic. Here’s what’s driving sales today and where the market’s headed. Growth of the Home Improvement Industry The industry saw a spike in improvement projects around the house in 2020. Whether it’s a do-it-yourself project or a do-it-for-me one, researchers don’t [...]

1 07, 2022

Royalty Fees vs. Franchise Fees: The Costs of Franchising

By Dwayne Tanner|2023-06-22T09:43:52-05:00July 1, 2022|home improvement franchise, N-Hance Franchise Costs, N-Hance Franchise Information|Comments Off on Royalty Fees vs. Franchise Fees: The Costs of Franchising

Franchise startup costs can be as low as $10,000 to as high as a couple of million. But what’s included in that price tag? Here’s everything you need to know about franchise and royalty fees, why they’re paid, and what they cost. Behind the Franchise Fee Basically, franchise fees are the payments made to the franchisor for their great idea. It’s like a cost-of-entry fee. It is a one-time payment at the beginning. The [...]

1 06, 2022

Inside the Remodeling Franchise Boom: 5 Factors Driving Success

By Dwayne Tanner|2023-04-24T10:59:47-05:00June 1, 2022|Home Flipping, home improvement franchise|Comments Off on Inside the Remodeling Franchise Boom: 5 Factors Driving Success

The covid-19 pandemic threw a kink in the economy and hit the real estate market with a tidal wave. Covid-19 forced people to stay inside their homes. Now, people are turning their current homes into their dream homes with renovations. According to the Joint Center for Housing Studies of Harvard University (JCHS), year-over-year increases in housing renovations will hit 19.7 percent this year. For perspective, at the beginning of 2020, it sat at 3.2 percent. [...]

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