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Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs USA Insulation including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $41,000 - $167,000 | $170,500 - $346,000 |
Franchise Fee | $15,000 | $50,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 2000 | 1985 |
Year Franchised | 2000 | 2007 |
Term Of Agreement | 5 years | 5 years +5+5+5 |
Term Of Agreement | 5 years | 5 years +5+5+5 |
Renewal Fee | $9K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | - | USA Insulation provides an initial 3-4 week training program. There is a mix of classroom learning, practical application and on-the-job training. You will be certified by the best in the business - USA Insulation's Training & Sales team. On-The-Job Training: 32 hours Classroom Training: 32 hours |
Support | Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | USA Insulation supports our Franchisees throughout the Franchise process. From Training and Site Selection to Sales and Continuing Education, our support team is there to guide you through the growth of your business. Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media | The sales process starts with marketing and lead generation. We will provide our franchisees with marketing tools including television, radio and print creative, direct mailer pieces and couponing methods. We will also be provide our various proven lead generating programs. In addition, we will provide guidance and expertise on media planning and strategies. Every market is different, so USA Insulation is committed to tailoring a Marketing Campaign to your market's needs. Ad Templates Social media Website development |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | The USA Insulation System incorporates lead generation, Sales, Installation, Management, and everything in between. All Franchisees are given an Operations Manual as a ready reference, and support staff is only a call away. Our proven systems for Sales, Installation and Revenue Generation are time-tested and refined by Francorp, one of the Franchise industry leaders. Absentee Ownership Allowed Number of Employees Required to Run: 8 - 12 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Owens Corning has been a world leader in building materials, systems and composite solutions for more than 70 years, and a Fortune 500 company for more than 50 years. The ability to remain a household name for residential and commercial projects is partially due to the successful partnerships with businesses who are devoted to sharing the Owens Corning standards. The Basement Finishing System ("System") was developed at Owens Corning's nationally accredited and internationally recognized Science & Technology Center, Granville, Ohio. As with all of its products, Owens Corning focused on developing a high-quality system designed to meet the market needs. For that reason, Owens Corning conducted extensive research and development. This included three years of testing and modifications. The result is a state-of-the-art Basement Finishing System that benefits franchisees and homeowners alike. The System also has been recognized with awards from Popular Science and the National Association of the Remodeling Industry. If you are interested in growing your business, becoming an Owens Corning customer may be the perfect opportunity for you.