As the housing market experiences a stall, the home renovation industry is on the rise, presenting a golden opportunity for entrepreneurs. The homeowner improvement and repair market reached $328 billion in 2019 and is estimated to reach $485 billion in 2023. Continued interest in home renovations comes on top of industry growth already caused by the pandemic as homeowners spent …
Explore the Benefits of Opening a Screenmobile Franchise Starting a business can be a daunting task, especially when entering a new market or industry. Even seasoned business owners may feel overwhelmed or underprepared at times. However, franchising offers a solution by providing a proven framework for operations, marketing, staffing, and more. By franchising with Screenmobile, you can embark on your …
Why Are Customer Relationships Important? Put very simply, your customers are your business. Without them, there are no sales, no work, and no community supporting your business. Building a successful franchise without building strong customer relationships will always be an uphill struggle. As a business owner, recognizing what your customers need, how you can deliver it and how you can …
As a small business owner, you give everything daily for your business. However, it is more evident than ever after the last few years that the unexpected can and does happen. The right insurance is critical to protect yourself from potential losses. Choosing the right policies can be overwhelming, with so many choices available. How do you know which insurance …
Starting the journey of owning your own business can be pretty daunting, especially if you’ve never done it before. That’s why many beginners in the business world look to franchising as a ‘safer’ starting option; with plenty of support and a ready-made business system, they can hit the ground running. But what exactly is a franchise, and how do they …
One of the main reasons that franchisees look to become part of a franchise system rather than setting up a new business on their own is the franchise training and support they receive. This training in the franchisor’s business systems gives them extensive knowledge of the niche they are in and how to run a successful business in it, built …
Franchise systems can be highly successful for both parties involved, with franchisors getting to leverage their technology and business systems without the risk of expanding organically. In contrast, franchisees benefit from using a tried and trusted business model with significant brand recognition. That all sounds perfect, but as any business owner knows, nothing’s ever really that easy, and franchise business …
Technology has brought about rapid changes in our lives over the past two decades or so. Imagine a time with no instant recourse to knowledge through Google, no communicating or entertaining ourselves through social media, no finding our way through map apps, in fact, no apps at all as there were no smartphones to run them on. The changes have …
Who has it better, the small business owner or the salaried employee? Both modes of work have pros and cons, but research suggests that there’s only one clear winner when it comes to happiness. Ute Stephan, professor of entrepreneurship at King’s College London, conducted a review of over 100 academic studies on entrepreneurship and overall well-being and found that “entrepreneurs …
Taking on an employee is a big undertaking for any business and, while a good sign that your business is progressing, can also entail a considerable amount of responsibility and risk. For starters, employees have to be paid promptly and in full, which can put a strain on your cash flow which is the lifeblood of any successful franchise business. …