Category Archives: Low-cost Businesses

Entrepreneur’s Startups Magazine Names National Property Inspections, Inc., a Top Franchise for Less Than $50K

NPI made Startups Top 100 Franchises For Less Than $50,000 in its Spring 2017 issue

National Property Inspections, Inc., parent company of National Property Inspections in the United States and Global Property Inspections in Canada, is honored to be included in Entrepreneur’s Startups Top 100 For Less Than $50.000 list. NPI has been ranked 30 out of 100 fellow franchisors in the price group.

The rankings are based on the scores received in the annual Franchise 500 ranking. NPI has been recognized for its exceptional performance in areas including financial strength and stability, growth rate and brand power.

The key factors that go into Entrepreneur’s evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. All franchises are given a cumulative score based on more than 150 data points.

“What an excitement and honor to be a part of Startups top 100 list,” 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 a top, and affordable, franchise opportunity in the United States and Canada and we will continue to provide a great avenue for entrepreneurs to grow and become successful.”

To learn more about an NPI or GPI franchise opportunity in your area, click one of the links below:

NPI/GPI Prepares to Celebrate 30 Years by Remembering First Franchisee

By Roland Bates, President, NPI/GPI

Roland Bates, president and founder of National Property Inspections, Inc.

Roland Bates, president and founder of National Property Inspections, Inc.

It will soon be 30 years since I sold the first NPI franchise. I am pleased to say that franchisee, Clyde Yost, is still with us. The first franchise is certainly the hardest one to sell. You are selling your idea, and at that point, no one other than you has any reason to believe that your idea and business plan can be duplicated.

If you walk into the National Property Inspections, Inc., corporate office today, it is well-decorated, has nice furnishings, provides a professional training room, and has all the amenities we need to operate our business. We are successful, and our office shows that. Let’s turn back the clock 30 years:

Back in 1987, I had rented a small office and purchased a few furnishings. To describe the office as “Spartan frugality” would have been generous, indeed. When Clyde Yost first visited, I think I was sitting at a folding card table. For sure, I was sitting with a small electric typewriter and typing book because I was teaching myself how to type. That paid off because now I can type most three- and four-letter words without looking at the keyboard.

After Clyde and I visited about how I’d been doing inspections myself and thought the property inspection business was poised to take off, I told him I wanted to franchise it. I explained how the franchise would work, how I hoped to help him and others build an NPI business.

Clyde naturally asked, “How many franchisees do you currently have?” To which I replied, “You and two others will make three.” Clyde has a good sense of humor and thought that was sort of funny.

Clyde Yost, NPI's first franchisee, remains a franchise owner in Kansas City, Missouri.

Clyde Yost, NPI’s first franchisee, remains a franchise owner in Kansas City, Missouri.

Clyde believed in the NPI concept and became our first franchisee. Without sounding maudlin, Clyde had worked hard for his money, and I felt more than obligated to make this company successful for him, if not for myself. To this day, I try to keep all of our franchisees in mind, and I feel indebted to all of them. But I’ll admit that many of the business decisions I have made over the years I have made with Clyde and our very first meeting in mind.

Maybe there would have been an NPI without Clyde, but it certainly wouldn’t be the same. Clyde, my friend, thank you for believing in me and for everything you have done for NPI.

We have franchises available in your area. To learn more about an NPI or GPI franchise opportunity, click one of the links below:

National Property Inspections, Inc., Named in Two CNBC.com Articles

Eldon "Scooter" Holliday

Eldon “Scooter” Holliday

National Property Inspections, Inc., parent company of National Property Inspections in the United States and Global Property Inspections in Canada, is pleased to congratulate NPI franchise owner Eldon Holliday for being named one of America’s Star Franchisees 2016. The list, compiled by CNBC.com in conjunction with research partner Franchise Business Review, evaluated nearly 30,000 franchise owners across the United States seeking one star franchisee in each state. Although Holliday lives in Olive Branch, Mississippi, his territory crosses the border into Memphis, and he was selected as the Tennessee star franchisee.

“I am honored to be recognized by CNBC.com,” Holliday said. “I’ve worked hard to build my NPI franchise, and I’m grateful that I’ve had a strong company behind me. That support has made all the difference. I feel like NPI is dedicated to my success.”

Holliday, whose background is in automotive repair, started his franchise nine years ago. Although he has a mind for mechanical things, he didn’t have a background in construction. He credits NPI’s top-notch training program and ongoing training to helping him achieve great success with his business.

“Eldon is a fantastic franchisee,” said Roland Bates, president and founder of National Property Inspections, Inc. “He is one of our award-winning franchise owners because he consistently pushes himself and takes his business to the next level. He has proven that our franchise system works well, and helps entrepreneurs succeed.”

CNBC.com chose America’s Star Franchisees based on franchisee satisfaction and high regard for management, as well as the following franchisor criteria:

  • Strong proof of concept in multiple markets
  • Clean review of the franchise disclosure document
  • Solid financial performance and a good opportunity for franchisee return on investment

In addition to the news about Holliday’s selection, National Property Inspections, Inc., was named yesterday on CNBC.com’s list of “9 Low-cost Franchises That Can Make You Rich.”

“We have worked very hard for many years to make our franchise one of the best,” Bates said. Because we are dedicated to our franchisees and to helping them succeed, we have high franchisee satisfaction, and that has opened doors for us. We are well-known and respected in our industry, and I am convinced that’s because we live up to our motto and operate with honesty, integrity and professionalism in everything we do.”

To read the full article about America’s Star Franchisees 2016 and learn more about Holliday’s experience with NPI, please visit http://www.cnbc.com/2016/05/11/50-big-franchise-success-stories-americas-star-franchisees-2016.html.

To learn more about an NPI or GPI franchise opportunity in your area, click one of the links below:

5 Small-business Marketing Tips From a ‘Shark’

HerjavecIf you watch ABC’s “Shark Tank,” then you are likely familiar with Robert Herjavec. Born in eastern Europe, Herjavec and his family immigrated to Canada when he was a boy to escape communism in the former Yugoslavia (now Croatia). The son of a factory worker, Herjavec emerged from humble beginnings to build and sell several companies in the IT industry. Today, his company, Herjavec Group, is recognized as a global leader in information security services.

Like many small-business owners, Herjavec started with very little — and he didn’t have a business degree. But his is a success story that proves that determination, hard work and commitment pay off in the end. Now, besides running Herjavec Group, he helps small-business entrepreneurs and start-ups take their businesses to the next level on “Shark Tank.”

It’s no wonder, then, that entrepreneurs and small-business owners are interested in what they can learn from Herjavec. Recently, Entrepreneur sat down with him and asked for his top five small-business marketing tips:

  1. Target your customers on social media.
  2. Make selling online a key part of your business model.
  3. Make your website and marketing materials visually appealing.
  4. Market to your customers in ways they are receptive to.
  5. As your business grows, hire marketing assistance.

Click here to read the full article on Entrepreneur.com.

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.

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.

Learn How to Start Your Own Home Inspection Business

Inspector + ACIf you’re frustrated with the corporate grind, tired of working for someone else or ready to put your entrepreneurial spirit to work, then you may be thinking of starting your own business. If you already know what business you want to go into, then you’re lucky. For many others who are searching for business ideas or for a second career, home and commercial property inspection offers a challenging, exciting and lucrative opportunity.

Property inspection is a career field with a bright future. Eight out of 10 home buyers order a home inspection. Also consider the following outlook for the housing and commercial property industries:

  • The real estate industry is expected to remain on a sustainable course of solid growth for 2015 through 2017. (Urban Land Institute, April 2015)
  • According to the National Association of Home Builders (NAHB), home builders’ confidence in the housing market jumped five points in June 2015, as their sales outlook improved to its highest level since 2005.
  • In the largest 100 housing markets in the United States, it’s still cheaper to own than rent, by 38% nationally. (Trulia, June 2015)
  • “The pending home sales report added to robust building permits, housing starts, new-home sales and home resales data in painting a bullish picture of the housing market.” (The New York Times, June 2015)
  • Existing home sales increased 5.1 percent in June 2015 to an annual rate of 5.35 million units — the highest level since November 2009. This year’s home sales are on track for the strongest gain since 2007. (National Association of Realtors)
  • The commercial real estate market should continue its upswing. Vacancy rates for offices, industrial markets and retail markets are all expected to decline. (National Association of Realtors, June 2015)
  • An influx in new apartment construction is forecast to cause an uptick in the multifamily vacancy rate. (National Association of Realtors, June 2015.

On Wednesday, Aug. 12, National Property Inspections, Inc., will hold its first-ever webinar for entrepreneurs interested in starting a property inspection business. Click here for more information and to register for the webinar.

Presented by Roland Bates, president of National Property Inspections, Inc., and Julie Erickson, director of franchise sales for NPI/GPI, the webinar will cover topics including services performed by property inspectors; skills, background and training for property inspectors; starting an inspection business; and more.

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.

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.