Get Your Answers Here
Got questions about becoming a franchise owner? We’ve got answers to the most common franchise FAQs in home service franchising here. We invite you to watch this informative video from Home Franchise Concepts’ Chief Development Officer, Jonathan “JT” Thiessen. The video addresses the most frequently asked questions we get about franchising including: what makes a for a successful franchisee; why buy a franchise vs. start your own business; what should you look for in a franchisor; and trends we are seeing in franchising. You can also find more answers to common franchise FAQs about becoming a franchise owner directly below this video.
How popular is franchising in the U.S.?
According to Statista, there are more than 750,000 franchise businesses in the U.S., contributing more than $670 billion to the economy. Click here to view more franchise statistics.
What’s the difference between a franchisor and a franchisee?
- A franchisor is the company or brand that owns a business model and then develops a standard for other entrepreneurs to follow. Any business opened after the original must license with the owner for a fee and agree to follow all the brand standards and standard operating procedures set by the franchisor.
- A franchisee is an entrepreneur who purchases the rights from the franchisor to open a business that operates according to the franchisor’s proven model and brand, along with all standards, training and support from the franchisor.
Who is Home Franchise Concepts?
- For 30 years, Home Franchise Concepts (HFC) has been leading the franchising industry and is one of the largest direct-to-consumers franchise companies in North America. We specialize in the home services industry.
- Home Franchise Concepts is a subsidiary of JM Family Enterprises, an $18 billion privately owned company. The JM Family is strong and stable — ranked No. 17 on Forbes’ list of America’s Largest Private Companies with 5,000 associates in 48 states, Puerto Rico, and Canada.
Which brands are under the Home Franchise Concepts umbrella?
At present, Home Franchise Concepts is home to eight distinct, leading home services industry franchise brands: AdvantaClean, Aussie Pet Mobile, Bath Tune-Up, Budget Blinds, Concrete Craft, Kitchen Tune-Up, Tailored Closet featuring PremierGarage and Two Maids.
How much potential exists in the home services industry?
The home services industry is recession-resistant and on a sustained growth path for the foreseeable future. Just a few years ago (2018), the home services market was valued at $281.65 billion. Today, it’s on an 18.91% growth trajectory, expected to reach $1,133.40 billion by 2026. Learn more.
How much does it cost to become a franchise owner with Home Franchise Concepts and what is the expected return-on-investment (ROI)?
Each of our home service industry franchises operates uniquely. Refer to each individual franchise model’s investments page by clicking the following links to review a summary of initial costs and to request more information on brands that interest you most: AdvantaClean, Aussie Pet Mobile, Bath Tune-Up, Budget Blinds, Concrete Craft, Kitchen Tune-Up, Tailored Closet, PremierGarage and Two Maids & A Mop.
Does Home Franchise Concepts offer training and support?
Home Franchise Concepts provides every franchise owner a wide range of benefits – from hands-on, all-expenses-paid training to ongoing operational and marketing support. Get more information on franchise benefits and by visiting the individual brand pages.