Our Vetted Biz Co-founder, Patrick Findaro, shares the most important facts to consider before investing in a home services franchise.
The Home Services industry supports residential homes by providing several services to homeowners. For example, plumbing, floor care, landscaping, storage services, repair and maintenance, installations, home improvements, and others. Home services companies operate either on an online or offline dynamic. Customers can apply directly online, or they have to be physically present for filling out an application.
The U.S. Home Services industry was valued at $105.55 billion in 2018.
The demand for online home services has been increasing, contributing to the growth of the industry. For this reason, companies within the Home Services industry are focusing on technology to improve customer service and adapt to the rise in the adoption of smartphones. Smartphone technology can be used to influence consumers’ buying decisions, their strategies, business activities, and lifestyle. Moving towards technology, investing in cybersecurity, and managing multiple client communication channels are extremely important factors to guarantee customer satisfaction.
Explore hundreds of Home Services businesses on our site: https://www.vettedbiz.com/industries/home-services/
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