The Home Services Industry
Home brings a sense of comfort, convenience, and safety in which Americans are willing to invest. With the demand for home services already high and rising, now is the perfect time to join this lucrative industry.
Industry Growth
The home services industry is booming, and expected to grow by a record $1.08 billion between 2021 and 2026. Reliable, high-quality contractors and tradespeople are in high demand across the nation.
Competition in the industry is also rising, and those who combine excellent craftsmanship with outstanding customer service stand a cut above the rest. Compared to starting a home services business alone, working with a franchisor, like Premium Service Brands, gives you access to deep industry knowledge. This helps you avoid common pitfalls, hire and retain top talent, and use top-tier technology to provide better customer experiences.
Current Home Service Industry Trends
Online, on-demand home services are in high demand in the U.S., with a market size estimated at $3.7 billion in 2021 and expected to grow to $14.7 billion by 2030. Digital media and marketing are key channels for lead generation, and convenient scheduling and payment services are important factors in positive consumer experiences.
Partnering with a franchisor that actively seeks out innovations in technology and tools allows home service entrepreneurs to meet changing demands as they arise. Premium Service Brands’ commitment to developing and delivering cutting-edge technology to our franchise owners allows them to provide convenient, digitally-driven, seamless services that keep customers returning.
The Lasting Impacts of COVID-19
Research suggests that before the pandemic, only 7% of those who could work from home did. Now, 35% of Americans with jobs that can be done remotely work from home.
With more people spending more of their time at home and having a desire to improve their daily environment, home services are needed more than ever. Now is the perfect time to capitalize on this increasing demand by joining the home services industry in an established niche. And with extensive practical training and robust support from a trusted franchisor, you can hit the ground running and achieve your goals faster.
Capitalize on Home Services Industry Trends
Explore the growing home services industry with the support of a trusted family of brands.
