Home Improvement Franchises in Watford

What are Home Improvement Franchises?

If you really enjoy the prospect of a hands-on business that you can call your own, then home improvement franchises are a fantastic choice. Although a great example, home improvement isn't just limited to building and construction which at first glance, many might associate with.

But what are home improvement franchises? Home improvement franchises are any type of franchise where you make improvements or renovations around a client's home.

The Market for Home Improvement

In the UK, there are thousands of stores specialising in the sale of hardware, glass and DIY related products. Statistica report around £8bn is spent every year in the UK on home improvement related tools and equipment for the house and garden. According to the same source, the share of individuals looking to carry out DIY tasks around the home in 2019 was a staggering 52%.

There is clear demand for DIY franchises, because although 52% were eager to do it themselves, things don't always go to plan. But what types of home improvement and home services franchises are available?

What Types of Home Improvement Franchises are Available?

The franchising sector is robust and thanks to the diversity of the home improvement sector, finding a profitable and recession-proof home improvement franchise is no complicated task.

There are many different types of home related franchises, and just about any franchise where you're carrying out a service at a client's residence can be considered home improvement.

Some top types of home improvement businesses for sale include:

House Cleaning Franchises

Home improvement cleaning franchises include domestic and end-of-tenancy cleaning services.

If you're looking to own a business where you don't actually get involved hands-on, but hire the staff to do the client's work, then cleaning and management franchises are a great choice. Your role as a home improvement franchisee in the cleaning sector will usually revolve around employing and managing cleaning staff, whilst you enjoy working flexible hours and work around your personal life.
Or, if you're the type that enjoys going out and meeting clients, there are equally just as many profitable home improvement franchises out there, such as Oven and Window Cleaning.

DIY Franchises

Run your own business with a handyman franchise UK.

If a hands-on business is your thing, then handyman related franchises are a fantastic choice. Just join some private local groups on Facebook and you'll often see demand for "hubbies for hire", washing machine fixes, guttering clearing, window cleaning, there are so many jobs available for man/woman and a van businesses. Equally there are several different handyman franchises out there as well.

Garden Improvement Franchises

From landscaping to artificial lawn installation, either domestic or commercial. Browse the best gardening and garden improvement franchises.

Gardening can be a laborious task, and many are prepared to pay good sums of money in exchange for a garden as good or better than their neighbours. Gardening franchises is also one of the more diverse home improvement franchises, with opportunities in all aspects from lawn care to landscaping and driveway maintenance.

Benefits of a Home Improvement Franchise

The main benefit of a home improvement franchise is that it offers people who love hands-on work, the opportunity to be their own boss. With no employer to answer to, you're in control of your work (provided you follow the operations manual set out by the franchisor).

Franchises enable you to take control of your career by being your own boss, with a proven business model. If you're looking to get into business for yourself, then home improvement franchises are a great choice. You'll pay for the franchise (the equipment, rights to trade etc) in exchange for a business model which is proven and working with other franchisees across the country. One of the reasons why more and more people are choosing a franchise is because of the wealth of support and training made available by the franchisor (see what is a franchisor).

Disadvantages of a Franchise

Franchising isn't for everyone, the main drawback is the requirement to be able to fund the franchise. However it will certainly be cheaper to invest in a franchise than to start up alone. Starting up alone can involve costly mistakes, yet buying a franchise enables you to buy an already established brand, still giving you the flexibility of growing it in your own area.

Luckily for many, high street banks are happier to lend to those looking to buy a franchise, contrasted with starting up alone, thanks to franchising's promising success rates.

One of the reasons why franchisees fail is because they couldn't afford to continue so be sure to have capital aside to keep the business going. Be aware of the break even time, ie the time it takes for you to build back your investment and start profiting. Other reasons include the franchisee deviating from the system of operation laid out by the franchisor. Some franchisees start to wonder why they pay a franchisor when they could be doing it themselves, and this often leads to legal disputes and cancellation of franchise agreements, so make sure that a franchise is right for you.