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The Advantages of Owning a Franchise vs Starting From Scratch

Someone who is considering starting their own business is confronted with a choice right from the outset - start a business from scratch or buy a franchise. In both scenarios, you are your own boss and make all the important decisions that will ultimately determine how well the business does. But there are clear differences and clear advantages to owning a franchise.

Behind the Numbers - What…

Published: by Jill Hansen

Category: Informational

What Exactly Is a Franchise? - The History of Franchising

The American consumer has an embarrassment of riches when it comes to how they can spend their money - local mom and pop shops, multinational corporations, and franchises.

The franchising system has allowed business owners to take a company, store, dealership, or restaurant that was successful in one location, duplicate the business model, and implement it in other locations.

Franchise - A…

Published: by Jill Hansen

Category: Informational

How Many Hours Do Franchise Owners Work?

Set your own hours; have others do the work while you reap the rewards - these are the oft-repeated sales slogans of franchisors hoping to sell their business model to would-be entrepreneurs. And they are both lies.

The truth varies from franchise to franchise and from owner to owner, depending on their needs, ambitions, and expectations.

What are your financial needs and expectations?

Owning…

Published: by Jill Hansen

Category: Informational

Why Location Is Important for Your Franchise

Having a great product at a great price, establishing a reputation of providing quality service, and implementing a tried-and-true, data-driven market strategy are all essential components to building a successful business. But the old adage of “location, location, location” is true - even all these steps may not be enough if your business is not set up in the right place.

Not all locations are…

Published: by Jill Hansen

Category: Informational

Simple Steps for Starting a Home Improvement Business

Starting your own business, of course, entails taking on a certain amount of risk. This is true regardless of what field your new business venture is in. However, the good news is that home improvement is quite a stable sector of activity.

Forbes estimates the annual revenue generated in the home renovation industry at over 450 billion dollars annually. And it continues to grow.

As long as…

Published: by Jill Hansen

Category: Informational

Starting a Kitchen Remodeling Franchise - Is It For You?

If you’ve been exploring business opportunities and have decided that a kitchen remodeling franchise is the best choice for you, then you’ve made a wise decision.

While some individuals prefer to do it alone, starting your own kitchen remodeling business can be a stressful and risky venture. Data from the U.S Bureau of Labor Statistics show that around 20% of small businesses in the U.S. fail in…

Published: by Jill Hansen

Category: Informational

What to Consider When Investing in a Kitchen Cabinet Business

Despite everything that happened in 2020, with the global pandemic and the economic crisis that has ensued, it does not seem like Americans lost the entrepreneurial spirit. As a matter of fact, people all over the world have begun looking for ways to become business owners in an attempt to create their own fate instead of relying on employers that, as 2020 proved, can have no problem laying…

Published: by Jill Hansen

Category: Informational

How Much Do Franchise Owners Make?

The idea of being independent as your own boss is appealing to many people in the United States and all around the world. However, it is not that easy to start a company in today’s competitive market - you need to have a strong idea of how to stand out among numerous other brands that already have built some trust among customers. For this reason, many business beginners turn to a much easier and…

Published: by Jill Hansen

Category: Informational

JM Family Enterprises Adds Kitchen Tune-Up to Home Franchise Concepts Family of Brands

Home Franchise Concepts, a subsidiary of JM Family Enterprises, has entered into an agreement to acquire Kitchen Tune-Up, an impressive and growing franchise company specializing in affordable kitchen updates through its network of 135 individual franchisees in 202 territories across the U.S.

JM Family and Home Franchise Concepts are focused on empowering the experienced team at Kitchen Tune-Up…

Published: by Jill Hansen

Category: Informational

Home Improvement is (Still) On the Rise

With more time on their hands, more money in their pockets, and a craving for space, people kept home by the pandemic are driving the already booming home improvement market even higher.

Remodelers specializing in kitchens are seeing business grow:

• Kitchen and bath remodeling professionals saw a 40 percent increase in demand during June 2020 compared to the same period in 2019, according to…

Published: by Jill Hansen

Category: Informational

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