By Paul Hanson, President of Epcon Franchising Many business owners today tend to think in the short-term, and 2020 caught them completely off-guard. Those that have spent their time focused on long-term growth, however, were not as rocked by the challenges this year has brought.
By Jad Buckman, Business Development Director at Epcon Franchising The market dynamics within lending are complex, and even more so in our current economic climate. The unique challenges presented to the world recently have had a substantial impact on commercial real estate portfolios in the
By Paul Hanson, President of Epcon Franchising Residential construction has been facing a labor shortage since well before 2020. In fact, the industry has faced a shortage of between 250,000-400,000 jobs month over month since the Great Recession. That represents a significant skilled labor gap.
By Paul Hanson, President of Epcon Franchising Despite the financial curveballs 2020 has thrown, demand for housing is strong. According to the National Association of Home Builders, new home sales were up over 3% in the first half of 2020 compared with the same time
Builders across the country have found that franchising provides a roadmap to solve the challenges that come with building and managing a quality assurance (QA) program. Quality homebuilding franchises supply franchisees with a complete, field-tested QA system, along with multiple support options to help them
It might seem counter-intuitive to save money by spending money, but that’s what happens when you invest in a quality assurance (QA) program. So where does that savings come from? By eliminating callbacks and addressing the issues causing them. More than Just Money in Your
A quality assurance (QA) program is an important part of any homebuilding business. These programs ensure customer satisfaction and maintain construction quality. Since QA is so important, you might think that everyone in the homebuilding industry is an expert on the subject, however, that’s often
By Paul Hanson, President of Epcon Franchising Large home builders are called “national” builders for a reason. They’re big and they’re everywhere – probably in your market, too. Even if they’re not competing with you directly, they’re likely competing with you indirectly in one form
By Paul Hanson, President of Epcon Franchising It’s no secret that the homebuilding business doesn’t have tremendous gross margins. If you believe in the traditional 20/60/20 model, where 20 percent of your cost is land, 60 percent is “sticks and bricks” and the final 20
By Paul Hanson, President of Epcon Franchising The Great Recession changed everything with land acquisition. Before 2008, there were major developers in every significant market and buildable lots were plentiful. Since the recovery, lot inventory has been exhausted and most markets are experiencing shortages. What’s