Home Inspection Franchise What Makes A Great Franchise?

Home inspection franchises are becoming more and more popular, because of their rapid growth prospects.

Why? Well home inspections - once rare - happen in increasing numbers of home purchases each year. In fact, an alarming majority of realtors (99% according to a National Realtor Association Study) encourage their buyers to get them! US GEO estimates that, "94% of buyers are likely to get a home inspection for future purchases."

That's a ton of home inspections! Also, that's a lot of potential for professionals considering investing into a home inspection franchise.

What's also good news is that, nowadays, both buyers and sellers realize the benefits of a home inspection. Home buyers know it protects their investment. Home sellers are aware that pre-listing inspections eliminate surprises and 11th hour renegotations, and are proven to sell homes in less time and for greater sums of money. Now that more people realize they NEED a home inspection, many inspectors are closing more sales with less time, money, and effort.

So, what makes a great home inspection franchise? Here are some vital things that separate the best opportunities from the rest..

A Powerful Competitive Advantage:

In some towns, home inspectors are everywhere, so in order to be very successful, an inspector needs to have a competitive advantage over their competition. The best home inspection franchises provide this competitive advantage right off the bat. Advanced certifications, inspection comprehensiveness, and powerful, marketable guarantees can really drive customers to your door. Some inspections sell themselves over competing options - most don't.

A Step by Step Marketing Plan:

When you choose a home inspection franchise, make sure that they give their franchisees a turnkey marketing plan. There's nothing worse than buying a franchise only to learn that there is little marketing help, collateral, tools, or a proven plan to win new and repeat clients. The company YOU choose should provide this turnkey plan to you, including proven marketing pieces, promos, websites, and much more.

Experience and Reputation

It doesn't mean that a company has a great reputation just because they're selling franchises. Be certain the company that you're considering has withstood the test of time and has a great reputation in the industry. Be mindful of who owns the company and their experience in the industry.

Realtor Focus

Realtors are in a unique position to deliver home inspectors a considerable amount of business. Is this franchise you're considering taking this into account? Do they have a specialized marketing plan for generating consistent referrals from real estate agents in your location? You'll find that success comes much easier if they do.

Rights to an Exclusive Territory

There's nothing worse than buying a franchise only to find that there's another business owner fighting for clients in your area! A franchise that values its business owners will issue you an exclusive territory in which to grow. This is vital to your success!

Quotas

A lot of franchises charge what's called a "sliding scale royalty fee" based on their franchisees' weekly revenues, generally between 6 and 9 percent (kind of seems like "taxing" success) plus co-op advertising fees of 1 to 3 percent. In additionto that, quite a few franchises demand a monthly minimum or "quota" that needs to be reached.

These fees lead to financial strain on the franchisee -- and besides, it's hard to figure out how penalizing your business owners (by making them give up more of their profits as their sales grow) is fair. Be sure that you understand and agree with the quotas your home inspection franchise plans to charge you. Or better yet, pick a company that has no quotas at all and charges just a flat fee!

About the Author:
Looking into a home inspection franchise?

Grab this free report on home inspection franchises and gain a better understand of the industry, what to look for, and how to make sure you partner with one of the most respected, home inspection franchises anywhere.

Article Originally Published On: http://www.articlesnatch.com

Tags: home inspection franchise

Related....

Videos...

Recent Entrepreneurialism Articles

Gartner Issued A Warning Semiconductor Industry Inventories Are Too High By: kaishihui | May 24th 2012 - The world's leading industry research firm Gartner recently released a new report, issued a warning in the report, Gartner analyst, and refers to the entire semiconductor industry during the third quarter of 2011, inventory levels will rea ...

led luminaire design

Let The Seller Beware By: Rebeca | May 23rd 2012 - So you want to sell your business? And, you want to have the best price for your business for sale too? Then you have to cautious in striking the most profitable deal with the buyer.

Let The Buyer Beware By: Rebeca | May 23rd 2012 - In the recent times, the notion, let the seller beware has been changed to caveat emptor let the buyer beware.

Buying An E-business- Things To Keep In Mind By: Rebeca | May 23rd 2012 - Internet has its wings spread wide. The growing tech-savvy age has led many to start up an internet business. E-commerce has become a popular source of income for many. Buying an existing internet business rather than starting one is a sma ...

Dallas/fort Worth, May 22, 2012 "�" Anthony Martin In Partnership With Paul Birdsall Today Launched By: todaysinternetincomeseo | May 22nd 2012 - The 90 Day Internet Income Challenge is a very unique way for people to work from home, work alongside fortune 500 companies and get paid cash that is deposited right into your bank account every day.

work from home

internet income

internet jobs

What Is Isxperia And Might You Generate Income At It? By: bru6g4pidr | May 22nd 2012 - isXperia is yet another member on the flourishing community industries. Whilst it really is proclaimed that a lot of con businesses have emerged on this sector, isXperia is usually a truly rewarding business.

isXperia

isXperia company

isXperia distribution

isXperia info

isXperia products

Join Znz For Free And Make Money Online Today By: kevwkb99mo | May 22nd 2012 - ZNZ is in fact abbreviated for Zero Nada Zilch and it's an incredibly easy method designed to assist persons which are wanting to begin a dwelling based enterprise but, don't have dollars to invest. As soon as you might have completed you ...

ZNZ

ZNZ One

ZNZ Big Cash

Women Who Want An Online Income, But Can't Get Started! By: Oza Shae | May 22nd 2012 - I would like to introduce you to, the best Internet business I've ever come across in my 6 years of trying to create financial success online for myself. You will find this method is the best way to create real wealth online. This Is strai ...

your first website

first website

step by step guide

Join Znz For Free And Make Money Online Today By: penrf8ezre | May 22nd 2012 - ZNZ is essentially abbreviated for Zero Nada Zilch and it's a really very simple program created to assist people which are wanting to start a home based organization but, do not have money to invest. As soon as you might have completed y ...

ZNZ

ZNZ One

ZNZ Big Cash

Mlm Lead Generation By: kevwkb99mo | May 22nd 2012 - MLM lead Generation is one of the most complicated tasks you face as a man of enterprise start-ups is fantastic faith MLM company leads. It's undoubtedly complicated to make all types of tracks, but to discover those which will aid your bu ...

MLM Lead Generation

MLM Leads

Comments

Still can't find what you are looking for? Search for it!

Site Navigation: