Monthly Archives: June 2015

It’s Never Too Late to Change Careers

Photo by stockimages at FreeDigitalPhotos.net

Photo by stockimages at FreeDigitalPhotos.net

Frustrated with the corporate grind or tired of working for someone else, encore entrepreneurs — those over 50 who plan on working through their retirement — are looking at changing careers by going into business for themselves. Oftentimes, this involves starting a franchise business.

According to the Small Business Administration (SBA), one in four individuals between the ages of 44 and 70 are interested in becoming entrepreneurs, and this is one of the fastest-growing groups in the United States.

If you’re a member of this group, then now is a great time to explore your options for owning your own business. National Property Inspections in the United States and Global Property Inspections in Canada have plenty of open territories where you can start your own residential and commercial property inspection business. We offer an intensive, comprehensive training program, and our home office staff in Omaha, Nebraska, will help you every step of the way as you build your business.

Named a top low-cost franchise by Franchise Business Review, National Property Inspections, Inc., scored outstanding with 4.1 stars on our 2015 franchisee satisfaction survey — click here to read the survey summary. In addition, National Property Inspections, Inc., is listed in Entrepreneur Magazine’s 2015 Franchise 500 and the magazine’s top low-cost franchises list.

Ready to start your new career with NPI or GPI? Contact Julie Erickson at 800.333.9807, Ext. 24, or email julie.erickson@npiweb.com for more information.

The Outlook for Franchising in 2015

IMG_1300If you’re considering starting your own business, then you may already know that you want to buy a franchise. After all, a franchise offers many benefits, including the following:

  • Start your company with an established brand and a positive reputation
  • Increase the chance of your success and become profitable faster
  • Use a proven business model, with time-tested business, marketing and sales plans
  • Receive ongoing support from your franchisor

So, you know the benefits of franchising, but you might be curious about the economic outlook for the franchising industry. In January 2015, IHS Economics and the International Franchise Association published a report, “Franchise Business Economic Outlook for 2015.” Here are some of the highlights:

  • The number of franchise businesses is expected to increase by 1.6 percent in 2015, which matches the pace of growth in 2014.
  • Franchise employment is expected to increase 2.9 percent in 2015, while total private nonfarm employment will increase 2.4 percent.
  • The growth outlook differs among franchise groups. For example, output growth in the retail food business line is expected to be 3.9 percent, whereas lodging and real estate are expected to be 6.3 percent*.
  • The Franchise Business Index showed strong growth in Q4 2014, and in November 2014 the index was up 3.1 percent compared to November 2013. That’s the biggest year-over-year gain since before the recession.
  • Employment in the real estate franchise industry will experience the biggest growth in employment in 2015. The growth rate is expected to be 0.8 percentage points higher than in 2014.
  • Franchise businesses accounted for approximately 3 percent of U.S. GDP ($495 billion) in 2014. Based on the report’s forecasts for 2015, nominal GDP of the franchise is expected to increase by 5.1 percent to $521 billion.

This is great news if you’re thinking of starting a franchise business, and the outlook is particularly positive for franchises in the real estate industry. If you are considering a real estate franchise, have you thought of becoming a home inspector? National Property Inspections in the United States and Global Property Inspections in Canada offer you an outstanding opportunity in the home and commercial building inspection business. We’ve been helping people like you become successful entrepreneurs for nearly 30 years, and we have a very high franchisee satisfaction rating. Contact us for more information about becoming an NPI or GPI franchise owner.

* National Property Inspections and Global Property Inspections are considered franchises in the real estate industry.

Consider Home Inspection When Looking for a Rewarding Career

Inspector + Dishwasher7Are you uncertain about your career path? Perhaps you are deciding on the field you wish to enter, or maybe you are considering a career change. A career as a home inspector can secure your future in an exciting and rewarding industry. As the housing market recovers and home construction and sales increase, the demand for home inspection services is growing.

Lower interest rates are driving home sales, and the market is better than it has been in recent years. With millions of homes being sold this year alone, choosing to enter the home inspection field could be a wise move for your career. Home inspectors have the potential to claim a percentage of that profit margin, as approximately 80 percent of home buyers will choose to protect their future investments by ordering a home inspection. Most home buyers are more than willing to pay for a professional home inspection, which can potentially save them thousands of dollars and a lot of time on repairs.

When you become a home inspector, you become an integral part of the real estate transaction. Imagine how rewarding it would be to show up at your job with a huge welcome and appreciation from your clients. You’ll work to build relationships with real estate agents, and home owners will respect your decisions and rely on your assistance.

Deciding what you get paid and knowing your worth is part of the satisfaction you get by owning your own business. Start earning what you deserve and invest in your future; learn more about starting your own home inspection franchise with National Property Inspections or Global Property Inspections. If you have further questions about the home inspection industry, territories we have available or owning a franchise, please contact Julie Erickson, director of franchise sales, at julie.erickson@npiweb.com.

Teach Yourself to Think Differently

By Roland Bates, President, NPI/GPI

NPI Inspector2We have to think and make many conscious decisions every day, even if it’s deciding what color socks to wear or what to have for dinner. The question I pose is this: Can we teach ourselves to think from a business perspective of solving problems and coming up with great ideas?

As a franchisee, every time you make a business decision, you will become better at running your franchise and thinking like a business owner. As you probably know, it’s always better to use sound reasoning and the voice of experience to avoid painful mistakes. Sometimes you’ll know just what to do when a problem arises, based on your past experience. Other times, though, you’ll be stuck. That is one of the advantages to owning a franchise.

Franchisors track what has worked for franchisees, as well as what didn’t work for others. They experiment with different marketing and business strategies. Although you will do a lot of your own thinking when you own a franchise, you should still follow your franchisor’s business model — they know what works. Furthermore, for most issues you’ll encounter relative to your business, your franchisor likely has experience and has helped other franchisees resolve the same or similar issues before. When you learn to use your franchisor as a resource, you’ll be able to spend more time working on your business and not quite as much working in your business.

A business owner or franchisee needs the ability to think and focus intently. But for my two cents, rather than forcing ourselves to think, we should let ourselves think. Some of your best ideas will just come to you if when you least expect them.

 

Give Your Career a Second Wind

Photo by taoty, FreeDigitalPhotos.net

Photo by taoty, FreeDigitalPhotos.net

You’ve retired. That’s supposed to be the end of working, right? But now you’re bored, or you’re feeling unfulfilled, or golf and gardening aren’t actually as much fun as you’d imagined. Maybe money is tighter than you had expected and you need additional income. Whatever the reason, you’ve gotten a second wind in the career department.

Sometimes it’s called recareering. The U.S. Small Business Administration (SBA) likes the term encore entrepreneurs. It’s when people start a new business later in life, usually between the ages of 50 and 65. In fact, in a 2009 report, the Kauffman Foundation said that the highest rate of entrepreneurial activity belonged to the 55 to 64 age group.

According to the SBA, one in four individuals between the ages of 44 and 70 is interested in becoming an entrepreneur. Oftentimes, this involves starting a franchise business.

Franchises offer people who are at or near retirement age many benefits and advantages over starting an independent business from scratch:

  • Proven business concept
  • Proprietary business systems
  • Training and/or education
  • Assistance launching the business
  • Advanced technology
  • Buying power
  • Established branding
  • Ability to start the business quickly

Starting a franchise can offer the opportunity for great financial growth and freedom, and since you choose your work hours, franchising also allows you flexibility with your schedule. Moreover, it’s definitely worth your time to investigate the options for a low-cost franchise (under $100,000). According to research firm FRANdata, there are currently 668 low-cost franchise opportunities in 29 industries, so you can start a new career in virtually any field.

Get Your Second Wind With Property Inspection
A field you may not have previously considered for a second career or franchise is property inspection — conducting home and commercial building inspections. It’s an exciting and challenging opportunity, and you’ll start a business that you can grow and either sell or pass on to your children.

Named a top low-cost franchise by Franchise Business Review, National Property Inspections, Inc.,* scored outstanding with 4.1 stars on our 2015 franchisee satisfaction survey — click here to read the survey summary. In addition, we are listed on many top franchise lists. And, NPI/GPI is the only property inspection franchisor that trains its franchise owners to perform both home and commercial building inspections, offering the opportunity to diversify your business and increase your earning potential.

Now is a great time to start your second career by launching your own business. National Property Inspections and Global Property Inspections have plenty of open territories where you can start your own home and commercial property inspection business. We offer an intensive, comprehensive training program, and our home office staff in Omaha, Nebraska, will help you every step of the way as you build your business. Plus, military veterans receive a 15 percent discount on the franchise fee.

* We operate as National Property Inspections in the United States and as Global Property Inspections in Canada.

Millennials and Their Parents Create Successful Franchise Partnerships

FatherSonAlthough the economy is slowly recovering from recession, there’s still a shortage of jobs — and fierce competition for the jobs that are available. The situation has created challenges for both Millennials entering the workforce and their parents who have been working for many years: The jobs available for Millennials graduating college are few and far between, and layoffs are still all too common for Gen X and Baby Boomer workers.

But some families insist that they will turn lemons into lemonade, and they’ve overcome the challenges of the job market by creating parent-child franchise teams. They’re partnerships where the new meets the old, where Millennials bring their innovation and tech savviness and Baby Boomers bring valuable experience and stability. And these partnerships are overwhelmingly successful.

Franchising is a natural choice for family teams looking to start their own business. With a franchise, the hard work of starting a business is done for you. The franchisor provides the education and training you’ll need to successfully run the business. And, in many cases, you’ll receive ongoing support from the franchisor. Moreover, franchising allows Millennials and their parents to change career fields and build a successful business in an area they may not have previously considered.

Many of these parent-child partnerships also bring in other members of the family to assist with office management, marketing and bookkeeping. In this way, the whole family becomes invested in building the business.

At National Property Inspections, we have several parent-child and family teams working hard to build a family legacy with their home and property inspection businesses. Whether you are a hardworking, creative Millennial seeking the chance to start your own business or a business-savvy Baby Boomer who’s tired of the corporate grind but not ready to retire, we have opportunities for you. For more information, visit http://www.npifranchise.com in the United States or http://www.gpifranchise.com in Canada.

Franchise Business Review Names National Property Inspections a Top Low-Cost Franchise

Dual LogosNational Property Inspections, Inc., is proud to be named a top low-cost franchise opportunity by Franchise Business Review for the second year in a row. To be included on the list, a franchise must cost less than $100,000 and must adhere to the publication’s recommended best practices. The list of top opportunities includes the low-cost franchises that scored best on Franchise Business Review’s franchisee satisfaction survey.

National Property Inspections, Inc., parent company of National Property Inspections in the United States and Global Property Inspections in Canada, offers franchises for less than $40,000 in both countries. Earlier this year, we participated in Franchise Business Review’s franchisee satisfaction survey and scored 4.1 stars with very satisfied franchisees, outperforming competitors in the home inspection franchise industry. Click here to read the summary of the survey report.

According to FRANdata research spanning 2013 to 2015, there are currently 668 franchise opportunities in 29 industries with investment requirements under $100,000.  When it comes to franchises, low cost does not mean low quality. Low-cost franchises offer plenty of benefits over more expensive franchises, and this is reflected by franchisee satisfaction: Low-cost franchisee satisfaction is 11 percent higher than that of franchisees who selected more expensive opportunities. Furthermore, many low-cost franchises can be run as home or mobile business, greatly reducing their overhead costs.

NPI/GPI takes pride in offering low-cost, high-quality franchises that include ongoing support for franchise owners. “We work with each and every franchise owner to help them build a successful franchise,” said Roland Bates, president of NPI/GPI. “From technical training and support to ongoing marketing coaching, we have an experienced team at our home office that is always available for our franchisees. And I am always available for them, too. I regularly touch base with as many franchisees as I can.”

To learn more about NPI/GPI franchise opportunities, visit http://npifranchise.com/ in the United States or http://gpifranchise.com/ in Canada. To read the full Franchise Business Review low-cost franchises report click here.

The Next Generation of Franchising

Agent_shutterstock_187113938We already know that Millennials are innovative, independent, hardworking and creative. Those traits are, after all, trademarks of the generation. But what you may not realize is that these traits and others also make Millennials ideal franchisees.

Millennials who have graduated from college haven’t had it easy. The recession has created a shortage of jobs and hypercompetition for jobs that are available. Instead of having careers waiting for them, the members of Generation Y have had to put their imaginative side to work and come up with new ways to earn a living. Moreover, after watching their parents work to survive in corporate America, Millennials are wary to join it themselves.

The generation is by nature ambitious, so it’s not all that surprising that entrepreneurship is attractive to them, and many are looking to franchises to give them the successful start they need. In fact, franchising offers many of the things Millennials are looking for in their careers:

  • Flexibility
  • Work-life balance
  • Continued education
  • Unlimited earning potential
  • Low-cost opportunities

Another trend we are seeing is that Millennials are teaming up with their parents to start franchises. “Many are convincing their parents to invest their 401k in a franchise venture with them. The parent can be an investor, mentor or partner, and bring along the experience and know-how from their career. It combines the stability and experience of the Baby Boomers with the drive of the Millennials,” Terry Powell, founder of Entrepreneur’s Source, recently told Entrepreneur Magazine. We at National Property Inspections have some of these teams in our own franchise family, and they are very successful.

Are you a Millennial looking for the opportunity to start your own successful business? Consider a home and commercial property inspection franchise with National Property Inspections (Global Property Inspections in Canada). As a top low-cost franchise with high franchisee satisfaction, we may have just the opportunity you are looking for. For more information, visit http://www.npifranchise.com in the United States or http://www.gpifranchnise.com in Canada.

Career Options in Building Inspection

“¨°Starting a career? Changing careers? Then commercial building inspection can be an exciting and challenging opportunity. As a building inspector, or construction inspector, you’ll ensure that properties meet local and national building codes and ordinances, zoning regulations, and contract specifications. Building inspectors typically are employed by a city, township or county, and they specialize in either residential or commercial buildings.

Commercial building inspectors are usually certified in an area such as plumbing, electrical or mechanical inspections. Most cities and counties also require certification by the state or the International Code Council (ICC). The inspector’s job is to enforce the codes dictated by the jurisdiction in which they work. To train to become a commercial building inspector, areas of study include drafting, building inspection, construction technology and home inspection. You might also pursue a bachelor’s degree in architecture or engineering.

Working as a building inspector is a job where you’ll work for someone else, not a business that you will operate on your own. If you want to start your own inspection business, then you should consider becoming a home inspector and/or commercial property inspector.

We Train Home and Commercial Property Inspectors
National Property Inspections and Global Property Inspections, top-rated franchisors, enable franchise owners to become more than just home inspectors; they also become commercial property inspectors. NPI/GPI is the only franchisor to offer franchise owners this diversification of their businesses.

As an NPI or GPI franchise owner, you will own your business and work as a private contractor performing commercial building inspections. Our franchise owners/inspectors work for individuals, investors and companies that hire them to inspect properties to determine building conditions and components in need of repair — not necessarily due to code compliance but rather based on minimum standards for materials and workmanship that should be present in new or existing homes and commercial structures.

NPI/GPI offers the training you need to become a commercial property inspector. For more information about our franchise opportunities in home and commercial property inspection, visit www.npifranchise.com in the United States or www.gpifranchise.com in Canada.