Franchise businesses are exceedingly popular in the entrepreneurship industry.
For most first-time businesspeople, this is an opportunity for them to have a stable income in the field of business. Not to mention a more straightforward start-up process.
For starters, before you go ahead and choose from the various options available for you, give yourself a refresher, and a little background first about franchising from https://www.franchiseknowhow.com/.
Remember that whatever business it is you’re trying to start, you must always do so with sufficient knowledge to back you up.
Of the many franchise opportunities that are up for anybody to try out and invest in, one of the most competitive industries is in the field of construction.
That said, if you’re leaning towards the path of franchising a construction business, here are some of the opportunities that you can choose from:
PuroClean is one of the most popular construction franchises. PuroClean first started in 1990 and has also been named as one of the most leading franchising companies in North America.
This company focuses on the restoration of homes due to fire, water, molds, and mildew damage. PuroClean lives up to its label as being the “Paramedics of Property Damage.”
As a franchise owner, there are numerous benefits that you can gain from choosing PuroClean. Some of these include:
- Flexibility, as you have the opportunity to start this company from your own home
- Comprehensive training and support, through the PuroClean Academy
- Low investment needed
To be a franchise owner, you’ll need an initial investment of around 72,000 US dollars to 165,000 US dollars.
Read also: 6 Ways to Start a Business with Little Investment
2. Five Star Painting
Five Star Painting is one of the construction franchise businesses that have made it to the Entrepreneur’s Franchise 500 list.
By franchising this company, you can bank upon its popularity. This fact makes Five Star Painting one of the most profitable construction industries that you can open, as you’ll not have so much of a hard time with marketing your business.
As its name suggests, when you open up your Five Star Painting franchise, your job is in the field of running a painting business.
Instead of dealing with employees directly, you’ll be dealing with construction contractors that need painting services for the construction work that they’re trying to complete.
When you decide on Five Star Painting, you’ll get to enjoy these benefits:
- Low inventory and low overhead maintenance costs
- National brand recognition
- Financial assistance
- Comprehensive training and support
- Leading web presence
To be a franchise owner, you’ll need an investment of at least 70,000 US dollars.
Read also: 67 Side Hustles You Can Start This Weekend to Make an Extra $1000/Month
3. Archadeck Outdoor Living
Archadeck Outdoor Living is a construction franchise business that focuses on outdoor living. More and more homes demand to remodel their outdoor experience and garden areas.
Remodeling your outdoors provide you with a space to unwind, relax, and even to entertain guests. In fact, the remodeling of outdoor living space is one of the most in-demand services in the construction industry today.
With Archadeck, you can rely on over 40 years of experience on its plate. This makes it one of North America’s leading companies in this field of construction.
As an Archadeck owner, your task is mainly in the construction of outdoor spaces, such as an outdoor deck or patio, gazebos, water features, porches, sunrooms, and outdoor kitchens.
To be a franchise owner, you’ll need a total initial investment of at least 105,000 US dollars.
4. Rainbow International Restoration
Rainbow International Restoration has been in the construction industry for over 30 years, making it one of the most respected names in the industry today.
One of the best advantages that you can gain from signing up to be a Rainbow International Restoration franchise owner is access to an extensive network of partners in the construction industry, specifically insurance companies.
As Rainbow is in the business of restoring or reconstructing homes, should a calamity arise, homeowners will run to their insurance companies to help rebuild their homes.
Because Rainbow has partnered with numerous insurance companies, as a franchise owner, you can be sure that you have permanent access to potential customers.
To be a franchise owner, you’ll need a total initial investment of at least 173,000 US dollars.
For as long as people will need homes and buildings to be made, the construction industry will always be in demand. If you’re gearing towards becoming a franchise owner, and if you have experience in the construction industry, then these are opportunities that are indeed excellent for you to invest in.
Albeit more costly, you can also bank upon the ease of start-up and the popular names that these businesses already have.
Coupled with the right amount of hard work, and all the other traits needed for you to be a successful entrepreneur, you are one step closer towards earning a stable enough income, for you to become your own boss.