Franchise opportunities are available in a variety of industries and buying one is one of the best ways to become a business owner. But, how do you choose the right one to pursue? As you do your research, put “roofing” at the top of your list. Although many types of businesses offer franchise opportunities with their own list of advantages.
Common Franchise Opportunities
There are a variety of popular and common franchise opportunities across different industries. Some of the most popular franchise opportunities outside of roofing include:
Fast food franchises are some of the most well-known and typical franchises out there. Some of the most common examples include McDonald's, Subway, Pizza Hut, and KFC.
Retail franchises include a wide range of businesses, from clothing stores to convenience stores. Popular examples of these businesses are 7-Eleven, UPS, and Dunkin' Donuts.
Cleaning franchises range from individual homes to larger facilities like commercial cleaning services.
Automotive franchises include any business that offers car repair and maintenance services. Think of places such as Meineke, Jiffy Lube, and Midas.
Home improvement franchises include businesses that offer painting, flooring, and of course, roofing services.
These are just a few examples of popular and common franchise opportunities. When considering a franchise, it's important to choose one that aligns with your goals and interests. The professional skills you have developed in your primary career can come in handy as a franchise, although only about half of franchisees work in their trained field. For example, if you’re a project manager for a tech company you can use your leadership and organization skills as a retail franchisee and figure out the rest as you go.
What Makes a Great Franchising Opportunity?
If you are looking for a franchising opportunity, you might want to seriously consider the roofing industry. We can speak to this because we know first hand the value a roofing franchise offers. Franchises can be an excellent choice for a person who wants to own their own business because it is fairly easy to set up, the return on investment (ROI) is high, you can have a good work-life balance, the demand for (roofing) services will always be there, and comprehensive training and support is readily available.
Easy Set Up: Franchisors have already developed a business model that works, including processes and systems for operations, marketing, and sales. This can help a franchisee to start and run their business more efficiently and this gets you going immediately. With a franchise, you can avoid the trial-and-error process of starting a new business from the ground up.
Demand: The roofing industry, for example, is expanding as people continue to invest in home improvement projects and upgrade their roofing systems. According to a report by IBISWorld, the roofing industry has experienced steady growth over the past five years and is expected to continue growing in the coming years. When there is high demand for roofing services, there are more business opportunities for a roofing franchise.
Work-Life Balance: One of the advantages of owning a franchise is that you have flexibility in terms of when and how you work. By being flexible with your schedule, you can accommodate your personal commitments and goals, and make time for all the things that matter most in your life.
Training and Support: Franchisees receive comprehensive training and ongoing support from the franchisor, including access to proprietary technology, marketing support, and business coaching. This helps ensure the franchisee's success while reducing the risk of failure. A franchisor can provide ongoing training to keep franchisees up-to-date with industry trends and best practices as well.
High Return On Investment (ROI): Initial costs are pretty low compared to other industries and the profit you see comes sooner. Because there is and always will be a demand for roofing services, roofing franchise opportunities offer success right away and we have seen this from countless franchisees who work with us. You have the potential to see a high return on that initial low investment.
What You Need to Become an Honest Abe Franchisee
Worried you won’t be qualified if you have never worked in the roofing industry? There is nothing holding you back from becoming qualified. Experience in the roofing industry is not necessary to become an Honest Abe franchisee. We believe you’ll succeed in the roofing business with if you develop or have experience with these skills:
Sales. With a sales background you can succeed in any industry, including roofing.
Managing people is a crucial skill you’ll need to gain all the benefits of being an Honest Abe franchisee.
Customer service experience will take your franchise to great heights. The demand for roofing services is already there, and the real success comes from referrals. How can you gain repeat customers along with a great reputation? Through great customer service skills.
If you have experience in sales, management, and customer service you will go far with franchising opportunities in roofing. Although, when you’re diving into new territory, no matter your experience or skill level, having the right support will ensure you succeed.
Honest Abe Offers Solid Support for Their Franchises
Helping you succeed as an Honest Abe roofing franchisee is an important part of what we do and we believe when you succeed, we succeed.
First, you’ll go through our initial 2 week training.
Then you can get into Honest Abe University where you can refresh key learning points and train your future employees.
And now you have access to our Franchisee Advocates whenever you need 1-on-1 support.
If you’re looking for a small turnkey business to invest in and start easily then you can become an Honest Abe Roofing franchisee.Roofing can be a great franchising opportunity for people looking to get into the home improvement industry. A roofing franchise can offer a turn-key business opportunity with the potential for growth and a quick way to see a profit. If you are considering becoming a franchisee you can connect with an Honest Able franchise advisor here.