News & Articles
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 [...]
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
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, [...]
The Best Franchises to Invest in for 2023: 5 Recession-Resistant Ideas
The best franchises to invest in for 2023 are those that thrive in times of economic uncertainty. Here are five recession-resistant franchise ideas worth looking into. 1. Home Improvement Home remodeling and repairs have typically been deemed recession-proof by experts. That’s due to people looking to stay in their homes longer and repair their current homes during economic downturns. IBISWorld statistics show that the home remodeling industry has grown every year for the last decade, [...]
Kitchen Tune-Up Franchise vs. N-Hance Franchise: How they Compare
Home remodeling is a $450 billion industry, and it continues to grow. One of the first rooms that becomes outdated in a home is the kitchen, so it makes sense that you’re looking to jump into the market with a kitchen remodeling business. Researching kitchen franchise opportunities? Here’s how Kitchen Tune-Up compares to the N-Hance franchise, including franchise costs, training, and expansion. Side-By-Side Comparison Kitchen Tune-up N-Hance Franchise Fee  $79,950 (Initial Franchise Fee: $19,950 Initial [...]
