Have you ever wondered how much cash people spend on home decorating over the course of their lifetime? Well, one home improvement firm did some research, and announced that the answer is that, in the time they are homeowners, people will carry out 36 redecorating projects and spend an incredible total of £36,205 on decorating their home. Planning to set up a painting business? Well, that large potential homeowner spend is not the only pot of cash to go after. Commercial contracts for offices, housing developments, offices, factories and schools offer even more ways to make substantial revenue. Despite this, around 20% of businesses fail in their first year and a startling 50% within three years.
How can you prevent this happening to your painting and decorating business? Undoubtedly, becoming your own boss under a franchise agreement provides the reassurance of borrowing someone else’s successful business model. You also get the branding and livery of a respected name in the painting industry, plus business management support and help with technology, such as a website to attract clients. There are some big names in the residential and contract painting industry ready to give new start ups that vital leg up and keep them on track. The next step for you is to match your interests and ambitions to a franchiser who can give you a handle on business success. Contact us to brush up on the best options.