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Below is an in-depth analysis and side-by-side comparison of The Honey Do Service, Inc. vs AroundTown Handyman including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $85,630 - $122,200 | $10,000 - $15,000 |
Franchise Fee | $29,000 | $5,000 - $6,000 |
Royalty Fee | 6% | - |
Advertising Fee | 1% | - |
Year Founded | 2002 | - |
Year Franchised | 2008 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | We offer off-site training at Honey Do Franchising Group training center in Bristol Virginia. This off-site training is designed around a four week period to be comprehensive in all the areas necessary to be successful at your new adventure. This training includes, but not limited to, instruction and training on obtaining your General Contractor's License, local licensing, bookkeeping, estimating, sales, human resources, office procedures and hands-on training with the local agency. This training is designed to give you all the tools and experiences necessary to get you into a productive state as quickly as possible. Our training team will also travel to your location and provide on-site training to assure that your opening goes as smoothly and successfully as possible. We help get you up and running and then some. | - |
Support | Honey Do Franchising Group commitment to your success extends to IT support as well. We provide dedicated web pages that are designed for your local use, including your own contact pages on our web site for your specific location. | - |
Marketing | Honey Do Franchising Group commitment to quality extends well beyond normal support services. To ensure superiority in every aspect of your business, Honey Do Franchising Groups Support Services team offers print and promotional items as well as training materials to franchisees. It is the philosophy of the Honey Do Franchising Group to eliminate the major commitment of marketing of our franchisees. As a franchisee, materials are available for your use in your territory. We have developed and approved television commercials, radio spots, direct mail postcards, door hangers, press releases, vehicle wraps and other advertising promotions for your use. As a franchisee, you get professionally produced marketing, advertising and public relations material. All our marketing and advertising logos and approved material is available electronically via our website. | - |
Operations | - | Person who wants to work from home |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
One of the most popular franchise concepts of the past 30 years has been in the area of home-maintenance franchises.The Honey Do Service provides a convenient and desired service to do the around the house jobs that are part of maintaining a home in our society, especially in two-income homes where neither spouse has the time or energy (or perhaps the skills) to do the maintenance needed. In years past, the husband worked and the wife stayed at home. Whenever things needed fixing around the house, the wife started a "Honey Do" list for her husband to do. Typically, vacations were spent working on the "Honey Do" list. Times have changed and most couples both work outside of the home. What has not changed is things still break, gutters need cleaning, the house needs updating and someone needs to do these things. For that reason, The Honey Do Service, Inc. has become a valuable franchise. We are designed to address a list of common problems that need to be fixed around the home--anything from a leaking faucet to a door that sticks to a hard to reach light bulb (this is actually the most commonly requested task in the handyman business). The handyman business can be a very profitable business. Since it's a service franchise, there's virtually no cost of goods sold and the contribution margins (after paying labor costs) are typically very high.
NO LONGER FRANCHISING
A business that you can start with just a vehicle and a few tools. We provide home and
business owners with services, installations, and repairs that they need. You don't need
to be skilled in all areas, and can own your business as a manager or as an
owner-operator. The franchise fee is only $5,000, which can be financed for $1,000 per
month x 6 mos. Yes, a business you can start for just $1,000!!
Before settling on an official conclusion, converse with companions, family, and experts you trust to check whether you've caught wind of the company(ies) you're considering drawing nearer. Check whether they've heard anything about them - great or terrible. A terrible notoriety can demolish a business rapidly, or make it greatly hard to begin one.
Then again, a great name, solid plan of action, and better preparing project can bring about you than by-pass numerous straightforward and basic oversights new entrepreneurs make.
From a business viewpoint, on the off chance that you choose to seek after an establishment as opposed to going it all alone, you ought to know about the accompanying advantages and disadvantages:
Stars
Diversifying organizations by and large offer preparing on the best way to maintain a business
...step by step instructions to advertise your business locally
...what's more, may even give you tips on jack of all trades matters
A jack of all trades establishment is regularly settled and has a decent name (look at this before at last choosing!)
...in this way an establishment name gives you validity before you even do your first employment
For most establishments, you get across the nation advertising