Neighborly News

February 5, 2024 // FranchiseMarketingSolutions.com // If you’re an employee looking to pursue financial and professional freedom, becoming an entrepreneur with Neighborly may be an excellent option for you.

However, before you leap, you’ll want to seek a greater understanding of the employee vs. entrepreneur mindset and have your other important questions answered.

To gain the insight you need, you will want to learn as much as you can about the entrepreneurial lifestyle to see if it aligns with your priorities, goals, and dreams. 

What to Know Before You Become Your Own Boss

Of course, most people’s eyes light up when offered the opportunity to be their own boss, but it’s important to consider the additional responsibility, effort, and dedication required to accomplish what you seek. Take a wide and comprehensive look at the overall responsibilities included as well as day-to-day activities and expectations so you get the perspective you ne…

February 6, 2024 // FranchiseMarketingSolutions.com // Are you looking for a career that allows you to be your own boss and provides a service to your community? Consider owning a business in home services where you can help people who might need your assistance.

As our population ages, there is a growing demand for services that enhance the well-being and quality of life for seniors. Many of these services enable seniors to maintain their independence and dignity.

The number of people age 65 and older in the United States has grown from 35 million in 2000 to approximately 55 million, according to the U.S. Census Bureau.

The concept of aging in place is appealing to many, but it involves much more than simply staying put. According to the National Institute on Aging, being able to comfortably live out your senior years in your own home requires a good deal of planning. Fortunately, an entire industry is helping people realize this desire. This has cre…

WOODINVILLE, Wash. // FranchiseMarketingSolutions.com // Feb. 6, 2024 - Highland Arms Enterprises ("HAE" or the "Company"), one of the largest franchisee operators within Neighborly®, has taken on a strategic growth investment from Main Post Partners ("Main Post"), a leading private equity investment firm with deep experience partnering with multi-location consumer service platforms.

Founded in 2003 by Kevin Spratt, HAE has grown both organically and through acquisitions into one of the largest franchisee operators within the Precision Garage Door Service™ ("Precision") system, operating in 11 markets across Washington, California, Utah, Idaho, and Nevada. The Company has completed two acquisitions over the last four months and, with its new partnership, is actively looking to invest further into additional Precision franchise locations and additional Neighborly brands.

"We are thrilled about our partnership with Main Post. Main Po…

NEIGHBORLY // FranchiseMarketingSolutions.com // JANUARY 23, 2024

Entrepreneurs are constantly seeking new pathways to success. Some like blazing their own trail, while others prefer a more reliable trodden path. For many aspiring entrepreneurs that path leads to franchising , with its unique opportunity to leverage established brand power and operational expertise.

Franchising is a mutually beneficial relationship between a company, franchisor, and an individual (or that individual’s company), the franchisee, that lets the individual step into business ownership by leveraging an existing brand to give them a starting point and platform to build and grow. At the core of this relationship lies the franchise agreement. Learn more about this legally binding contract that outlines the terms and conditions between the franchisor and the franchisee. 

What Is a Franchise Agreement?

Franchise agreements are the backbone of franchising, serving as t…

NEIGHBORLY // FranchiseMarketingSolutions.com // JANUARY 25, 2024

The lawn care industry is expanding significantly and is projected to grow by $110.21 billion between 2022 and 2027 at a rapid CAGR of 10.47%. While you don’t need a lot of experience to start a lawn care business, running a successful lawn care business requires specific skills, such as industry knowledge, customer relationship building, and time management skills, all of which contribute to the success of your lawn care company. Fortunately, these skills can be learned along the way!

Let’s explore the skills you need to cultivate and learn how to run a lawn care business.  5 Skills Every Lawn Care Business Owner Should Have 1. Industry Knowledge

Staying updated and informed of trends and changes in the industry is vital to improving your business’ performance, increasing revenue, and standing out from your competitors. While you might not be physically working in the field, the …

In the dynamic world of construction, businesses need to innovate to stay competitive and profitable. In fact, running a successful construction business involves more than just the ability to build structures - it requires strategic planning, problem solving, and adaptability. One time-tested approach to growth and sustainability is through service diversification.

By expanding the range of services your construction business offers, or even adding a new business pillar, you can attract new clients, increase revenue streams, and build a more resilient business.  

Why You Should Diversify Your Construction Business Offerings

In today's construction industry, relying on what has always worked may no longer be enough for sustainable business growth. While your current services may have served you well in the past, diversifying can open opportunities for new markets and increased revenue. As market trends and regulations continue to change, having a dive…

The previous generation’s work world is almost unrecognizable today as the contemporary, ever-evolving landscape of non-traditional, non-9-5 jobs offer new avenues for success. Alternative means and motivations are driving more entrepreneurial and prospective job owners to veer off the beaten path and find new directions and visions all their own.  

What are Non-Linear Career Paths?

Unlike traditional careers that often require an educational background or years of experience, non-traditional paths prioritize skills, passion, and innovative problem-solving approaches. These new opportunities, which don’t follow a typical linear progression or require a specific degree or experience, allow individuals to explore a multitude of industries and gain valuable career skills. 

Why Consider a Non-Linear Career Path?

The Bureau of Labor Statistics reports that 4.3 million Americans quit their jobs in January 2022 alone, and 31% of employ…

In the current market landscape, there's a prevailing emphasis on environmental considerations, ranging from achieving carbon neutrality and practicing recycling to managing one's environmental footprint. All these considerations have been, and will continue to be, reasons why consumers choose to invest in certain products or brands. But why should entrepreneurs care about choosing a sustainable business to open?

Every entrepreneur has their “why” when choosing to open a business, and environmentalism is an increasingly important factor up for consideration when selecting a business model and industry to enter. But if you’re not yet sold on the benefits of sustainability in business, here are five reasons why you should buy a sustainable business… #1 - Eco-consumerism is on the rise

Eco-consumerism is on the rise, with a growing number of individuals seeking products and services that align with their values. According to the Business of Sustainability Index…

Entering the world of franchising can be an exciting journey filled with opportunities for growth and success. However, it's essential to approach this venture armed with as much information as possible to make an informed decision.

One of the best ways to gather crucial insights is through validation calls with existing franchise owners. These calls offer a unique window into the day-to-day operations, benefits, and challenges of becoming a franchisee. Validation calls also allow prospective franchise owners to better understand the franchisor's level of support and business model, and to determine if the franchise is a good fit and investment for their situation.

By asking the right questions during your validation call, you can better make an informed decision. Here are the top six questions to ask during your validation calls with owners to ensure you go into your franchising journey fully informed and prepared for what lies ahead.  1. Tell Me More A…

There's plenty in store for 2024—especially for business owners and entrepreneurs who see the tremendous opportunities in the home services industry.

Whether you’re looking for more independence, want to be your own boss, desire to spend more time with your family, would like more flexible hours, or want greater career opportunities with higher income potential, this is the optimal time to consider a change. As the home service industry evolves, several key trends and niches are emerging, offering exciting opportunities for prospective business owners.

Top 5 Home Service Industries in 2024 - When brainstorming home service business ideas and opportunities that are most ideal for your skills and goals, it’s helpful to know which ones are the most popular and provide the greatest potential for success.

Home RestorationThe home restoration industry provides home services to restore residential and commercial properties that have been damaged by water, fire, smo…

What is Franchising? It's a relationship and an opportunity

A franchise is a business model in which a company (the franchisor) gives other parties (franchisees) the right to use its trademark to sell goods or services according to its terms. (The legal contract for this arrangement is usually called a franchise agreement.)

The franchisee may benefit from the company’s established business systems, recognized brand, training programs, and other support. These benefits are typically given in exchange for an initial investment, a franchise fee, and a set percentage of sales revenue (royalties).

A Genuine Win-Win

The success of the franchise model comes down to one simple thing: an agreement between the franchisee or owner (that’s you) and the franchisor (that’s us). You agree to make an initial investment and pay regular fees, and we agree to share the benefits of our established brand and proven system with you.

The Mutual Benefits Of Fran…

Halloween makes for the perfect holiday for spooky stories and urban legends. But what's even scarier than ghosts and goblins? For many, it's the bone-chilling fear of starting a business, particularly in the world of franchising.

However, these apprehensions are often fueled by commonly held myths about franchising, which might be preventing you from exploring a potentially rewarding career change. So let’s dispel these misconceptions and highlight the numerous benefits of franchising, with Neighborly's proven system as your guiding beacon.

Myth 1: Franchising opportunities are only available in the food industry.

One of the most common myths surrounding franchising is the belief that it's exclusively linked to the food industry. While fast-food chains may come to mind first, there are franchise concepts in nearly every industry imaginable, spanning a diverse array of sectors.

For instance, Neighborly is a major player in the home…