If you’re a licensed builder working in the building and renovating industry, there’s good news ahead. The value of residential renovations is predicted to increase to more than $32 billion dollars by 2017-18 and much of that is happening right here in Sydney.
Sky-high property prices mean that many homeowners are deciding to stay put and renovate rather than incur the significant costs of purchasing a new home (stamp duty), selling their existing home (real estate agents fees) and moving (removalists and new home set up costs).
With renovations and improvements making up around 15% of the total value of the residential building industry, in NSW that’s a $2.1 billion pie that you, a licensed builder, can have a piece of.
5to50 is offering a franchising opportunity that’s designed to raise the rewards and reduce the risk of working as a small residential builder. We know how challenging it is to run your own building company - there’s long days on site followed by evenings spent working on quotes. There’s invoicing to be done and customers to manage and battling Sydney traffic to get to out-of-area jobs can be an exercise in frustration. Or perhaps you’ve been working with another builder and are looking to go out on your own to gain more freedom and more opportunities.
Working with 5to50 enables you to be part of a successful team while still working for yourself, on your own business. It provides support and guidance around the essentials of running a successful small business from sales and lead generation, to estimating and invoicing.
The Franchising Council of Australia’s most recent industry survey shows that franchising is a $159 billion sector of the Australian economy. That figure represents 79,000 businesses and provides employment for 460,000 Australians. Of the 1124 franchised businesses operating in Australia, fully 86% of them originated here.
Franchised businesses in Australia are governed by the Franchising Code of Conduct to ensure that they are run legally and correctly. Less than 1.5% of franchisees were involved in a substantial dispute with their franchisor each year and the failure is much lower than for non-franchised businesses.
If you enjoy working as a residential builder and running your own business but would like the support of a larger organisation to help with lead generation, marketing, invoicing and more, 5to50 may be the right fit for you. After all, we know you want to work for yourself, not by yourself.