Owens Corning Basement Finishing System vs Renovation Professionals Franchise Comparison

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

Start-Up Costs and Fees

  Owens Corning Basement Finishing System Renovation Professionals
Investment 41000 - 167000 28500 - 50980
Franchise Fee 0 0
Royalty Fee 5% 4%
Advertising Fee
Year Founded 2000 1997
Year Franchised 2000 2002
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Owens Corning Basement Finishing System Renovation Professionals
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 Renovation Professionals
 
Franchise Fees No Yes
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Owens Corning Basement Finishing System Renovation Professionals
Training Online training
Support Meetings, Internet, Field operations/evaluations, Purchasing cooperatives Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media Ad slicks, Regional advertising
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) Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  Owens Corning Basement Finishing System Renovation Professionals
US Expansion Mid West, South, South East, South West,
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Owens Corning Basement Finishing System
Renovation Professionals
Franchise Fee
Owens Corning Basement Finishing System
Renovation Professionals
Royalty Fee
Owens Corning Basement Finishing System 5%
Renovation Professionals 4%
Advertising Fee
Owens Corning Basement Finishing System
Renovation Professionals
Year Founded
Owens Corning Basement Finishing System 2000
Renovation Professionals 1997
Year Franchised
Owens Corning Basement Finishing System 2000
Renovation Professionals 2002
Term Of Agreement
Owens Corning Basement Finishing System 5 years
Renovation Professionals 5 years
Renewal Fee
Owens Corning Basement Finishing System $9K
Renovation Professionals


Business Experience Requirements

Experience
Owens Corning Basement Finishing System Industry experience General business experience Marketing skills Must have or obtain a general contracting license; specialty in-home selling
Renovation Professionals

Financing Options

 
Franchise Fees
Owens Corning Basement Finishing System No
Renovation Professionals No
Start-up Costs
Owens Corning Basement Finishing System
Renovation Professionals
Equipment
Owens Corning Basement Finishing System}
Renovation Professionals
Inventory
Owens Corning Basement Finishing System
Renovation Professionals
Receivables
Owens Corning Basement Finishing System
Renovation Professionals
Payroll
Owens Corning Basement Finishing System
Renovation Professionals

Training & Support

Training
Owens Corning Basement Finishing System
Renovation Professionals Online training
Support
Owens Corning Basement Finishing System Meetings, Internet, Field operations/evaluations, Purchasing cooperatives
Renovation Professionals Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
Owens Corning Basement Finishing System Co-op advertising, Ad slicks, National media
Renovation Professionals Ad slicks, Regional advertising
Operations
Owens Corning Basement Finishing System 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)
Renovation Professionals Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Owens Corning Basement Finishing System
Renovation Professionals Mid West, South, South East, South West,
Canada Expansion
Owens Corning Basement Finishing System
Renovation Professionals
International Expansion
Owens Corning Basement Finishing System
Renovation Professionals