8 Secrets to Bathroom Remodeling Franchise Success
Want to open a bathroom remodeling franchise? Here are the top 8 things that make or break a remodeling business and how to set your business up for success. 1. Choose the Right Franchise The first thing you need to do is research and evaluate the franchise’s history and reputation. Talk with current franchisees about their experience, from onboarding and training to the ongoing support they’ve received. You want a franchise with a strong brand, [...]
How to Research Cabinet Refacing Business Opportunities
Cabinet Refacing Business Opportunities: What to Research Cabinet refacing franchises are in huge demand — but finding the right one requires careful research. Here’s what matters most when researching cabinet refacing business opportunities. The Market: Size, Competition, Target Customer Understanding the local industry landscape will give you a sense of how a business that refaces cabinets could fare in your area. First, research the local competition and determine the market size in your area. How [...]
Franchising News: What’s Up with N-Hance in 2023
Evolving is essential for franchise success. In our latest franchising news, N-Hance franchisees can stand out in the franchise world thanks to these new initiatives. 1. Expanded Product Line N-Hance franchisees can now increase their job average with this partnership and product line launch with Richelieu. Franchisees receive exclusive pricing for Richelieu products that organize built-ins into cabinets, such as drawer dividers, spice drawers, pull-outs, and appliance lifts. These inserts can help a variety of [...]
How to Build a Successful Remodeling Business in 4 Steps
According to NerdWallet approximately 95% of homeowners are considering completing a home improvement project in the next two years. Meanwhile, 91% of those people will hire professionals to finish these jobs,. So if you’ve been thinking about starting a home remodeling business, the market is primed for investment. But learning how to build a successful remodeling business requires more than remodeling expertise; you need to build a customer base. Here are the four best ways [...]
How to Become a Franchise Owner: Franchising 101
Considering franchise ownership? Our Franchising 101 guide details the initial steps on how to become a franchise owner, including how to research and apply for a franchise opportunity. Here’s what to know before buying a franchise. Research Franchises Once you’ve decided that franchising is your path to business ownership, start researching different industries. First, take an inventory of your skills and hobbies to see what field you want to work in. Next, consider how much [...]
Home Improvement Business Ideas: 5 In-Demand Options for 2023
Experts believe the home improvement industry will be worth $537.47 billion in 2026, experiencing a compound annual growth rate of 4.47% between 2022 and 2027. Add the rise of franchising at a 2.2% growth rate, according to FRANdata, and it’s no wonder you might be interested in home renovation franchises. Need help determining which way to go among dozens of home improvement business ideas? Learn which home improvement services are in the highest demand to help you narrow [...]
Mobile Franchise: 13 questions to ask before investing
8 questions for a mobile franchisor: finding the right fit You know you’re interested in the flexibility a mobile franchise can offer but before you settle on a specific company, there’s some research you should do to see if the brand is a good fit. Before you commit to investing, there are eight questions you should ask a mobile franchisor that’ll help you decide if you’re making the best choice. Is the franchise on sound [...]
Family-Friendly Franchise: What to Look For in a Family Business Opportunity
Family-owned or controlled businesses make up 90% of all business enterprises in North America, according to the U.S. Census Bureau. Some of the most well-known family businesses include large cooperations like Walmart, Ford Motor Co., and Berkshire Hathaway. You can join the fun by considering a family-friendly franchise that fits your ambitions, schedules, and talents. Use our list of criteria to determine what family business opportunities you should consider. What Criteria to Consider When Evaluating [...]
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 [...]
Why N-Hance is a Better Business Opportunity Than a House-Flipping Franchise
Have a passion for renovating homes or maybe you’ve watched just a little too much HGTV and think you can join the home-flipping business. Whatever piqued your interest in home flipping, we’re here to help. There are plenty of homes to flip. They made up 10% of all home sales in the U.S. in the first quarter of 2022. That’s the highest percentage since 2000. Discover how to start a house-flipping franchise with N-Hance. Learn how to [...]
