If
you're in the process of researching new business opportunities, you may have
discovered that becoming a franchise owner is a good fit for your existing
skill set and future goals. Once you decide that you want to purchase a
franchise, the next step in this process is deciding what market you should
enter. While there are obviously lots of differences between the various
franchises that are available within a market, starting with this factor will
make it easier for you to ultimately narrow down your selection to the right
choice.
The
market we're going to discuss today is the home improvement industry. This
industry includes property repair, home improvement, house maintenance, and
aging in place. The first factor that makes this market so appealing is not
only is it already quite large, but it's a market that continues to experience
growth. For example, in regards to the aging in place niche, more people than
ever are in need of home modifications that will allow them to stay there
thanks to the current age of baby boomers.
Outlook
for This Market
Currently,
estimates peg the home improvement products and services market at around $300
billion. Although demand for a wide range of home services remained even
through the stock market's lowest points, the fact that the US and world
economy are regaining significant strength means demand will only continue to
rise.
Another
exciting aspect of this market is because more consumers are aware of issues
like energy efficiency, there are more opportunities that weren't really
available as recently as just five to ten years ago. For businesses that are
agile enough to fill the demand for these new services, the sky really is the
limit within this massive market.
The
Right Partner to Make The Most of This Opportunity
Because
the home improvement industry is such a ripe market, it shouldn't come as a
surprise that there's a lot of competition. As a result, people who attempt to
get a business off the ground without the right support system are probably
going to experience a rude awakening. However, the fact that there is
competition shouldn't deter your interest. Instead, it's confirmation that
there's plenty of money to be made by providing home improvement services.
If
you want to tap into this market and build a thriving business, we truly
believe a House Doctors franchise is the way to go. There are several key
reasons why we feel we're leaps and bounds above other home improvement
companies. For one, our name and branding allow our franchise owners to offer
many different services within this broad market.
Second,
our size enables us to build strong relationships with product manufactures.
The benefits of those relationships are passed directly to our franchise
owners. Finally, we provide all the support and resources you need to launch and
build your business the right way. Instead of spending valuable time trying to
learn from mistakes, you'll be on a proven path to success from Day One!
Interested in learning more about a House Doctors franchise? Click here:
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