5 Reasons You Should Start A Home Improvement Business In 2022
Are you interested in starting your own business in 2022? This article will provide you with five reasons to start a home improvement business this year.
1. Start A Home Improvement Business To Get Into A High-Demand Industry.
According to the tenth annual Houzz & Home survey of more than 70,000 respondents, home renovation spending grew 15% from mid-2020 to 2021. It reached a median of $15,000 and higher-budget projects increased to $85,000 from $80,000 in 2019.
Early on in the pandemic, many feared for home improvement businesses. But once responsible franchises figured how to conduct their work safely, they found booming demand. High property values, a competitive housing market, and low interest rates combined with people stuck at home led to a jump in demand for home improvement remodels. As the results of these jobs were posted on social media, this drove further demand for home renovation which has continued unabated.
2. Start A Home Improvement Business Because It’s Financially Accessible.
Many home improvement businesses are making great money now and what’s really encouraging about that is that it doesn’t cost much to get involved. There are lots of great businesses out there one could start, but a lot of them simply cost too much.
To buy a Kitchen Solvers franchise and get it up and running is unlikely to cost much more than $100,000, if that. A hundred grand is a lot of money, of course, so financing is always an option. But remember, this isn’t a luxury purchase, this is an investment in your future. Rather than spend half a million dollars on a business to try to make a profit in a few years, start earning now for a relatively small investment.
3. It Can Feel Great To Work With Your Hands.
Not all home improvement business owners do the work themselves, but many Kitchen Solvers franchise partners do. Many are attracted to this work. Rather than spend all your time working on abstract things like spreadsheets or PDFs, building something with your hands can create a great sense of achievement.
4. Because “Wowing” Customers Feels Great.
You won’t be the only one enjoying your accomplishments as a home renovator. If you can do this to somebody’s kitchen, their appreciation will likely be palpable.
5. Because Kitchen Solvers Is Looking For Qualified Candidates.
At Kitchen Solvers, we are always looking for qualified candidates to start one of our home improvement businesses. To learn more about what we do, or the home improvement business more generally, you can visit our blog If you have any specific questions or would like to begin the process of becoming a franchise partner, please do not hesitate to get in touch with us.