Category Archives: Franchise News

Franchisees Find a Bright Future in the Property Inspection Industry

Dual LogosWhether you have construction experience or sales and marketing experience, National Property Inspections, Inc., offers the opportunity for a bright future. Our turn-key franchise system gives franchisees the tools, training  and support to succeed in the property inspection industry.

BusinessOpportunities.biz recently interviewed Roland Bates, president of National Property Inspections, Inc., parent company of National Property Inspections (U.S) and Global Property Inspections (Canada), and asked him what differentiates the franchise among others in its niche; what makes this concept a good fit for potential franchisees; and what’s next for the franchise, both in the near future and the long term.

To read the full interview, please click here.

Entrepreneur Magazine Names National Property Inspections, Inc., a Top 500 Franchise of 2016

2016 Entrepreneur Franchise 500National Property Inspections, Inc., parent company of National Property Inspections in the United States and Global Property Inspections in Canada, is honored to again be included in Entrepreneur Magazine’s Franchise 500®, an annual ranking of the best franchises based on objective, quantifiable measures of a franchise operation.

The most important factors in the Franchise 500® formula include the franchise system’s financial strength and stability, growth rate, and size. Entrepreneur also considers the following:

  • The number of years a company has been in business
  • The length of time the company has been franchising
  • Startup costs
  • Litigation
  • Percentage of terminations
  • Financing opportunities

For the annual Franchise 500®, each franchisor’s financial data is analyzed by an independent CPA. Then, the exclusive Franchise 500® formula calculates each eligible company’s cumulative score. The score does not take into consideration franchisee satisfaction.

“We are always pleased to be included on Entrepreneur’s Franchise 500,” said Roland Bates, president of National Property Inspections, Inc. “We are featured on many top franchise lists every year, and Entrepreneur’s is one of the most prestigious. We have always worked hard to make NPI and GPI top franchise opportunities in the United States and Canada, and this year we have some exciting new benefits and programs for franchise owners.”

In addition to its ranking as a top franchise, National Property Inspections, Inc., is proud to be a top-ranked franchise based on franchisee satisfaction. In an independent franchisee satisfaction survey conducted by Franchise Business Review, NPI scored 4.1 out of 5.0 stars, demonstrating high franchisee satisfaction and outperforming others in its industry. Click here to access the most recent NPI/GPI franchisee satisfaction report.

To learn more about NPI/GPI franchise opportunities, visit http://npifranchise.com/ in the United States or http://gpifranchise.com/ in Canada. To access the Entrepreneur Franchise 500® report, go to http://www.entrepreneur.com/franchise500.

NPI/GPI Franchise Owners Win Big at 2015 Annual Conference

NPI and GPI Pinnacle Award Winners

NPI and GPI Pinnacle Award Winners

National Property Inspections, Inc., parent company of National Property Inspections in the United States and Global Property Inspections in Canada, gave awards to 43 franchise owners who are top performers in five categories: the Platinum Award, the President’s Club, the Pinnacle Award, the Pacesetter Award and the Ambassador Award. In addition, four franchise owners were inducted into the NPI/GPI Hall of Fame.

The awards banquet was held during the 2015 NPI/GPI Annual Conference in downtown Omaha, Nebraska, Nov. 13 and 14. Franchisees from across the United States and Canada attended, as well as their spouses and employees.

The Platinum, President’s Club, Pinnacle and Pacesetter awards are based on three main criteria:

  1. Reported earnings and percentage of growth from the previous year
  2. Size and location of franchise market
  3. Length of time the franchise has been in operation

The Ambassador Award is given to franchise owners who have consistently demonstrated goodwill toward their fellow franchisees by offering field training, mentoring and business advice, and they have often helped recruit or onboard new franchise owners. Hall of Fame inductees have owned their franchises for 15 years or more, have won multiple NPI/GPI annual awards, and have demonstrated the highest level of ethics and integrity in their business dealings.

“We have outstanding franchisees, and these awards are our way of recognizing our top performers in various markets,” said Roland Bates, president of National Property Inspections, Inc. “Our franchisees did more business collectively this year than any year in the past. They have worked extremely hard to build their businesses, and every award winner is most deserving of their award.”

NPI franchise owners John Braddock, Castle Rock, Colorado, and Steve Anderson, Goodyear, Arizona, were recipients of the NPI Platinum Award.

NPI and GPI President's Club Award Winners

NPI and GPI President’s Club Award Winners

Several franchise owners received the NPI/GPI President’s Club Award: Rich Buhrman, Hedgesville, West Virginia; Eldon Holliday, Olive Branch, Mississippi; Gerry and Susan Millen, Regina, Saskatchewan; Ron Schenck, Kennewick, Washington; Rodney Twyford, San Antonio, Texas; David Riley, Savannah, Georgia; and Chris Marshall, Doylestown, Pennsylvania; Andy Hasler, Camarillo, California; Scott Cowan, Oakley, Utah; Greg Mathias, Lloydminster, Alberta; Cam Ralston, Grand Prairie, Alberta; Matt Tracy, Doylestown, Pennsylvania; Jim and Susan Giuffre, Ocean Isle Beach, North Carolina; Wes and Crystal Grant, Indian Trail, North Carolina; Ron and Kate Griffith, Clinton, Connecticut; and David Perrin, Roanoke, Virginia.

Recipients of the NPI/GPI Pinnacle Award were the following franchise owners: Jason Bancroft, Gilbertsville, Pennsylvania; Lawrence and Kathy Englehart, Dartmouth, Nova Scotia; Todd Newhook, Markham, Ontario; Tom and Carrie Trotter, Troy, Ohio; Doug Versaw and Margaret Herrera, Golden, Colorado; Tim Williams, Lynn Haven, Florida; John Nelson, Manassas, Virginia; Brett Freebody, Carle Place, New York; Mark and Trasi Crowley, Bettendorf, Iowa; Andy Smith and Daryle Wilken, Omaha, Nebraska; Terry Haynie, Indian Springs, Ohio; Stephan Quigley, Forest Hill, Maryland; Ed Lannon, Miramar Beach, Florida; Charlie Panellino, Smithtown, New York; George Gould, St. Charles, Missouri; Ron Pronchuk, London, Ontario; Tim Forest, Sylvan Lake, Alberta; Greg Eckert, Amelia, Ohio; Steve and Lynn Gregory, Floyd, Virginia; Pat Standefer, Richardson, Texas; and Chae Bybee, Sheridan, Wyoming.

Max Cheang, Cumming, Georgia, was the winner of the NPI Pacesetter Award.

The following NPI franchise owners won the Ambassador Award: Sean Green, Flower Mound, Texas; Tony Marino, St. Petersburg, Florida; and Pete Lauterer, Denver, North Carolina.

Four outstanding, longtime franchises were inducted into the NPI/GPI Hall of Fame this year: Robert and Heather Gould, St. Charles, Missouri; John Fast, Chattaroy, Washington; Tracy Murphy, Great Falls, Montana; and Thom Bowyer, Kentwood, Michigan.

National Property Inspections, Inc., wishes to commend all of its 2015 award winners. “These franchise owners have worked tremendously hard for many years, and every one of them deserves their award,” Bates said, “We at NPI and GPI truly appreciate their dedication, ambition and hard work. I offer my sincerest congratulations to all of them.”

Atlanta Franchise Owner Wins NPI/GPI Franchise of the Year

Franchise of the Year winner Bob McDonough and his team.

Franchise of the Year winner Bob McDonough and his team.

National Property Inspections, Inc., is pleased to announce that NPI franchise owner Bob McDonough of Atlanta is the winner of the NPI/GPI 2015 Franchise of the Year Award.

“Having started my inspection business with NPI in 2008, at the beginning of the real estate disaster, I am extremely proud of the accomplishments of my team and myself,” McDonough said. “It has been a lot of hard, but very enjoyable, work to build this business from the ground up in such a short period of time. I am especially gratified to have such a large group of highly respected Realtors referring my company to their clients. There is no better feeling in business than getting repeat referrals from people I respect. To be awarded Franchise of the Year in front of over 100 of my peers is icing on the cake!”

McDonough operates a multi-inspector company with office staff and also performs inspections himself. In addition to performing home inspections and commercial property inspections, McDonough has differentiated his business by providing mold inspections, radon testing, Phase I Environmental Assessments and winterization services to clients in the Atlanta area.

In addition to overall annual sales, number of inspection performed and percentage of sales growth over the previous year, the NPI/GPI Franchise of the Year award is based on several contributing factors:

  • Overall level of professionalism
  • Continuously striving to improve customer service and benefit customers by seeking additional training and increasing the knowledge base
  • Acting as a role model and mentor to other NPI and GPI franchise owners
  • Demonstrated willingness and desire to give back to the community
  • Positive feedback from customers

“The competition was tough,” said Roland Bates, president of NPI/GPI. “Most of our franchisees had a great year. Bob McDonough has been ambitious since he began his franchise in 2008. He was intent on building a larger business rather than a one-man show. He has worked tremendously hard to expand his territory and build a multi-inspector company, and he and his team have performed thousands of inspections this year. Bob and his inspectors always receive rave reviews from their clients. Bob has truly taken his franchise to a whole new level, and we are so extremely proud to have him as one of our franchise owners.”

Founded in 1987, National Property Inspections, Inc., is one of the oldest and most respected names in the home and commercial inspection business. We operate as National Property Inspections in the United States and as Global Property Inspections in Canada. NPI offers franchise opportunities throughout the United States and Canada to become a home and commercial building inspector. For information about franchising with NPI or GPI, visit http://www.npifranchise.com or http://www.gpifranchise.com.

NPI/GPI Named a Top 100 Franchise for Veterans

Dual LogosNational Property Inspections, Inc., parent company of National Property Inspections in the United States and Global Property Inspections in Canada, is pleased to announce our inclusion in Franchise Business Review’s 2015 Top Franchises for Veterans special report. The report highlights the 100 franchise companies rated highest in franchisee satisfaction by military veterans who were surveyed. Franchise Business Review’s research included survey feedback from more than 3,047 military veterans who are current franchise owners. The national study included more than 285 leading franchise companies, and the resulting list of Top 100 franchises is based exclusively on franchisee satisfaction among veteran franchise owners.

According to the International Franchise Association (IFA), more than 5,600 veterans have become franchise owners since November 2011. In fact, 14 percent of all franchises are owned by military veterans. Not all franchises are a good fit for vets, so it is crucial that they perform their due diligence prior to signing a franchise agreement.

NPI and GPI offer low-cost franchises for less than $37,000, with a 15 percent discount on the initial franchise fee for U.S. and Canadian military veterans.

“Our motto is ‘Integrity, Honesty and Professionalism,” Bill Erickson, executive vice president at National Property Inspections, Inc., told Franchise Business Review. “We actively recruit veterans because they typically have each of these traits. In addition, we appreciate their can-do attitude, self-confidence and willingness to follow direction.”

To learn more about NPI and GPI franchise opportunities, visit www.npifranchise.com/ in the United States or www.gpifranchise.com/ in Canada. To access the Franchise Business Review 2015 Top Franchises for Veterans report, visit http://www.franchisebusinessreview.com/franchise-reports/top-franchises-veterans/.

Baby Boomers Turn to Franchising During Retirement

Photo Courtesy of FreeImages.com-Ivan Vincencio

Photo Courtesy of FreeImages.com-Ivan Vincencio

Over the next 15 years, baby boomers will be turning 65 and will account for 20 percent of the U.S. population. That means a huge wave of people retiring from their current jobs. For some, retirement will mean taking it easy and relaxing. But for many, retirement is an opportunity to embark on a new career journey. Some retirees may work part-time to make ends meet or just to get out of the house a bit, while others will dive into a new full-time endeavor — and franchising is where many are turning.

A 2014 Merrill Lynch retirement study revealed that nearly half of today’s retirees either have worked or plan to work during retirement. But even more impactful is that 72 percent of people over 50 say they want and plan to work after retirement. The report lists four factors contributing to this new take on retirement:

  • Increased life expectancy means that retirement years last longer than ever before.
  • Few of today’s workers have pension plans, which means they have to find an alternative means to support themselves during retirement.
  • Economic instability has made most people realize that some form of additional income will be necessary during retirement.
  • Many people don’t want to just sit around and watch television all day during retirement. They see working as a way to stay engaged, social and fulfilled.

While they want to continue working, most retirees won’t continue in their current jobs but rather will seek jobs that offer more flexibility and less stress, and allow them to pursue their interests or passions. For this reason, we will see a greater number of retirees becoming entrepreneurs. In fact, according to the Merrill Lynch study, “Working retirees are three times more likely than pre-retirees to own their own business or be self-employed.” Moreover, according to the Kauffman Index of Entrepreneurial Activity, nearly 25 percent of new entrepreneurs in 2013 were aged 55 to 64.

According to a recent article in Entrepreneur Magazine, it’s natural for retirees who want to become entrepreneurs to turn to franchising to start their new businesses. Many choose franchising because much of the hard work is done for them and they will have guidance from their franchisors. This is particularly true for retirees looking to do something new and enter a field where they have little or no experience. Franchising offers established brand recognition; proven business, sales and marketing models; training; and support from the franchisor and other franchise owners. All while operating your own business and getting the flexibility and enjoyment you may not have had in your previous career.

With hundreds of low-cost franchise opportunities available, retirees can easily find a business that interests them and purchase it at an affordable cost using money they’ve saved or with a small-business loan. National Property Inspections in the United States and Global Property Inspections in Canada have consistently been named as top low-cost franchise opportunities. Whether you have a construction background or are interested in a new, challenging and exciting career in the real estate industry, our home and commercial property inspection franchises are a great option for retirees looking to own their own businesses and enjoy flexibility while working during retirement.

Strong Real Estate Market Means Increased Business for Property Inspectors

Home for Sale SignAs you may have guessed, the real estate market affects the home inspection industry, and it’s been good news for both fields as recent economic information shows an uptick in the housing market. July had the highest rates for new-home construction in the past eight years. Furthermore, interest rates remain low, and the job market continues to improve, according to the Cape Cod Times. In addition,

  • Home builders are feeling more confident, as new-single family homes rose to the highest levels since November 2005.
  • Single-family gains have pushed housing starts to a seasonally adjusted annual rate of 782,000 units. The new-home market appears to be inching forward at a slow but steady rate so far this year, and the outlook remains positive through 2017.
  • Existing home sales are also on an upward trend and are higher than they have been since February 2007. Sales rose in June at a seasonally adjusted rate to 5.59 million.
  • Commercial real estate showed a 30 percent increase in the second quarter this year.

While lower interest rates have many home owners refinancing through different types of programs, the inspection field has blossomed. The aspiring real estate market statistics represent a time of enormous growth potential and prosperity for home inspectors.

Now is the time to prepare for upward trends in home construction and sales. Home inspectors should stay motivated and continue to work diligently as the market continues to rebound. Obtaining specialty certifications for mold inspections and testing, wood-destroying organism (WDO) testing, thermal imaging, and four-point inspections are among several add-on services that can lead to increased revenue for home inspectors.

This is also a great time to market your property inspection business and take advantage of any networking opportunities that may arise. Connect with Realtors and bank and mortgage companies that may use your services. Deliver yourself in a professional manner and keep in touch with them — you want them to remember you by name. Make a positive and lasting impression so that when they need to refer a property inspector to their clients, they know you are the inspector for the job.  After that, deliver service to your clients, and your will continue to receive referrals.

Are you interested in starting your own home and commercial property inspection business? National Property Inspections in the United States and Global Property Inspections in Canada have franchise opportunities in your area. For more information, visit our website and complete the Next Step form.

How to Learn More About NPI and GPI

Dual LogosIf you’re interested in starting your own home and commercial property inspection business, then we can help you make your dream a reality. Built on nearly 30 years of experience and expertise in the property inspection industry, our franchise system provides just about everything you need to start your business. Here are links to more information about franchising with NPI and GPI:

Our Franchising Websites

Franchisee Satisfaction Survey Results

  • Our 2015 franchisee satisfaction survey was conducted by Franchise Business Review. Click here to access the results.

Podcast: Franchise Business Review Viewpoints — National Property Inspections, Inc.

  • Learn about the inspection industry from NPI/GPI founder and president, Roland Bates. Click here.

Interactive Presentations: Franchising the NPI/GPI Way

Slideshare Presentations: Start Your Career in Home and Commercial Building Inspection
Data about the home inspection industry as a career field, as well as information about the NPI/GPI franchise opportunity.

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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.

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.