Owens Corning Basement Finishing System vs IdeaVision Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Owens Corning Basement Finishing System vs IdeaVision 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
IdeaVision Franchise
Investment $41,000 - $167,000$12,400
Franchise Fee $15,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 2000-
Year Franchised 2000-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $9K-


Business Experience Requirements

 
Owens Corning Basement Finishing System Franchise
IdeaVision 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
    IdeaVision Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Owens Corning Basement Finishing System Franchise
    IdeaVision 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
    IdeaVision Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    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 IdeaVision

    Your investment in the Visionair Builder represents an opportunity to quickly start a visualization business that required years of effort and major financial outlays to develop. Consider the advantage of teaming with IdeaVision, a company devoted exclusively to developing the Visionair Builder business concept since 1993. Our business owners have the vision to leverage off a defined capability in order to capitalize on the tremendous growth potential of this innovative visualization concept. The price of the business is $12,400, offered via a simple licensing arrangement. Licensing is a more flexible and much less expensive approach than franchising. The relatively low investment level opens up many financing options, including a payment plan available from IdeaVision. Your total start-up cost is not much more. You should budget for computer upgrades (if necessary) and an additional $1,000-2,000 to kick off your initial advertising campaigns. It's hard to come by a comprehensive business that's more affordable to start and operate: * One-time license fee with no royalty charges * Professional rate of return on your time * Low overhead and operating expenses * No employees to pay or manage * No inventory and minimal equipment requirements * Ongoing business development is included. Imagine all the potential applications... 1. New Construction * Home Building * Storefronts * Office buildings * Clubhouses * Entrances 2. Landscaping * Tree, shrub, flower selection * Color and texture coordination * Growth analysis * Sidewalks, patios, driveways * Fences, walls, trellises 3. Remodeling * Room and garage additions * Exterior and interior painting * Siding and roofing upgrades * New windows and door systems * Wallpaper and flooring To find out if your location is available or to ask questions, call IdeaVision at 407-343-5020 or contact us at http://www.ideavisn.com/pages/contact.htm to complete the information request form.