Investment Assessment: Kitchen Solvers vs. Home Decor Franchise
Life is good running a home decor franchise. Profit and creative fulfilment, delivering dream homes to smiling customers–sounds pretty great, doesn’t it?
But what if you could have all that and more? More opportunities to learn, help, create, sell, and expand? More money?
Kitchen Solvers makes it possible with a multifaceted business model that rolls all the services of a home decor franchise into a complete home improvement solution.
Today’s post compares the value of the niche and one-stop models in terms of their earning potential and overall value. Read on to learn which model fits your goals.
Profitability: Kitchen Solvers vs. Home Decor Franchise
According to Allied Market Research, the home decor market is expected to garner $664 billion worldwide by 2020, registering a compound annual growth rate (CAGR) of 4.2% during the forecast period 2015-2020. That’s a pretty strong showing, and great news for any prospective home decor franchise owners.
But how does it stack up with the home remodeling industry?
The worldwide remodeling market is expected to hit $5,000,000,000,000 by 2024–that’s 5 trillion.
According to the Harvard University’s Joint Center for Housing Studies, US home remodeling spending will be higher in 2019 than it was pre-recession. The latest Residential Remodeling Index (RRI) from Metrostudy predicts that this growth trend will persist through 2025, driven by the boom of aging homeowners settling in for longer tenures.
But Kitchen Solvers doesn’t force you to choose. Our franchisees get access to the home decor franchise market, without being constrained by a narrowly focused business model. Kitchen Solvers provides a complete home remodeling experience with a wide range of services, which maximizes profitability.
Setting Franchisees up for the Future
What’s life like after your investment?
In this case, we’re looking beyond financial security. How does each opportunity prepare the franchisee for the post-Franchise Agreement future? What useful skills, experience, and connections can you make during your time running a Kitchen Solvers or Home Decor franchise? Is one inherently better than the other, and why?
Running a home decor franchise requires a certain set of skills, many of which will come in handy for the rest of your life. Home decor franchises that offer customer service and sales training, for instance, are imparting valuable knowledge that will help in almost any business venture. But, admittedly, home decor training won’t help much outside your industry, except for keeping your home looking chic.
On the other hand, Kitchen Solvers’ training covers a huge breadth of home service skills. In addition to the interior design skills you’d learn running a home decor franchise, Kitchen Solvers franchisees learn how to install flooring, bathroom fixtures, backsplashes, cabinetry, countertops, and more. You learn cabinet refacing from industry leaders, and fine-tune your closing skills with our Platinum Sales training. You also get an education in marketing, website management, long-term business planning, and much more.
Thus, similar to how Kitchen Solvers’ multifaceted home service model creates numerous revenue streams compared to niche home decor franchises, we also provide a broader education that makes it possible for owners to take up any number of roles in the home remodeling world once their franchise tenure is finished. In this way, Kitchen Solvers sets franchisees up for the future better than a home decor franchise.
Likewise, because the Kitchen Solvers model involves so many remodeling services, our franchisees tend to have more opportunities to network and establish meaningful relationships with industry leaders.
Learn More About Kitchen Solvers
If you would like to learn more about how our opportunity stacks up to a traditional home decor franchise, you can find market analyses, start-up investment breakdowns, FAQs, and more at https://www.kitchensolversfranchise.com