Owens Corning Basement Finishing System vs The Owner/Builder Network Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs The Owner/Builder Network including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Owens Corning Basement Finishing System Franchise
The Owner/Builder Network Franchise
Investment $41,000 - $167,000$98,950 - $208,300
Franchise Fee $15,000$30,000
Royalty Fee 5%10%
Advertising Fee --
Year Founded 20001997
Year Franchised 20002005
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $9K-


Business Experience Requirements
 
Owens Corning Basement Finishing System Franchise
The Owner/Builder Network Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Must have or obtain a general contracting license; specialty in-home selling
    		• -

    Financing Options
     
    Owens Corning Basement Finishing System Franchise
    The Owner/Builder Network Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Owens Corning Basement Finishing System Franchise
    The Owner/Builder Network Franchise
    Training --
    Support Meetings, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media-
    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)

    		-

    Expansion Plans
     
    Owens Corning Basement Finishing System Franchise
    The Owner/Builder Network Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Owens Corning Basement Finishing System

    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.

    About The Owner/Builder Network

    Owner Builder Network is best described as a team of experts helping clients... Be their own builder.
    Owner Builder Network was founded outside of Houston Texas in 1997. A good builder today is someone that has connections with contractors and suppliers. With Owner Builder Network clients are in control. They will know exactly what is going into their home. They will know who is and isn't getting paid on their investment and why. The money they save by getting more than one bid and shopping wisely goes into their pocket - not the builder's. One of the highlights is the network they put the customer in when they close. This network consists of hundreds of contractors and suppliers that will bid on the project at a volume builders discount.
    Owner Builder Network also has several national accounts that can help clients save even more.