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Columbus-Founded Color World Housepainting Grows Despite Pandemic

Columbus-Founded Color World Housepainting Grows Despite Pandemic

Local home improvement business provides safe alternatives to traditional services as Ohio reopens

Columbus, OH – As businesses across the nation navigate unchartered waters, one locally founded business has adapted to remain strong and successful amid the pandemic. Essential business Color World Housepainting has been working safely during the lockdown and, as Ohio begins to reopen, the brand has implemented new services to keep all customers safe. Color World’s adaptations have also equipped the brand to continue to grow to new cities even during COVID-19.

While many of Color World’s services are exterior, the growing brand has put new operations in place to keep customers safe. Many of the staff have the ability to work independently or in small groups, and the business encourages phone or FaceTime calls to go over project details with the intent to replace in-person meetings. Color World also offers virtual assessments, where they can take room dimensions and provide an estimate completely contactless.

“As Ohio begins to reopen, we encourage all of our customers to continue utilizing our contactless options and take advantage of the virtual services that we have offered throughout the pandemic,” said Tom Hodgson, CEO of Color World Housepainting. “We want to keep our community and staff as safe as possible.”

Despite the pandemic, the brand has experienced growth over the course of the last few months. Since the pandemic started, multiple new locations across the country have launched and opened. The recent growth has brought the Columbus business all the way to Texas, Alabama, Georgia, and California.

Color World Housepainting provides homeowners with quality interior and exterior painting
services, in addition to commercial painting, power washing, carpentry and drywall repair, staining, gutter installation, and holiday lighting. Since the brand has been classified as an essential business, employees have been safely servicing homes in Columbus throughout the pandemic.

“We have seen success in our new locations because we have the ability to work mainly outside,” added Hodgson. “We offer services that can make your living space feel refreshed while still staying safe. As people have been spending a lot of time at home, they are realizing things in and out of the home that could be improved.”

Color World’s team of professional painters is highly experienced and uses top-quality products in order to deliver outstanding results each and every time. They also offer add-on services that go hand-in-hand with painting and allow customers to check one more thing off their to-do list and streamline their home improvement projects.

About Color World Housepainting:

Founded in 1997 and franchising since 2019, Color World Housepainting is a locally owned and operated painting and contracting company that specializes in painting, gutter installation, carpentry, minor drywall repair, powerwashing, holiday lighting and more. A one stop shop for home improvement, Color World Housepainting has 84 units total across 14 states, with 14 of those units in various stages of development.

Fort Worth Army Veteran Opens Color World Housepainting Amid COVID-19

Fort Worth Army Veteran Opens Color World Housepainting Amid COVID-19

Texas native opened essential business May 1 with the goal to “make houses homes”

May 04, 2020 // Franchising.com // FORT WORTH, Tx. – While many businesses are halting operations, a Fort Worth resident and U.S. Army veteran is bringing a Columbus-founded franchise concept to his community. Color World Housepainting, a painting and contracting company, has opened in Fort Worth on May 1 as an essential business to serve its community amid the pandemic.

Dave Gardner, a proud Texas native, is excited to invest in his community and use his business to help people love their homes. After returning from the Army, Gardner was a residential construction superintendent and became passionate about peoples’ homes and the memories that live in them.

Color World Housepainting provides homeowners with quality interior and exterior painting services, in addition to commercial painting, power washing, carpentry and drywall repair, staining, gutter installation, and holiday lighting. The brand has been classified as an essential business and is ready to safely service homes, even during the pandemic. Gardner says he was drawn to the franchise because he thought it would be a great way to help beautify and better his community.

“Your house is a place you live, but your home is where all of your memories lie,” said Gardner. “I understand how important it is to love your space, and I can’t wait to play a part as families in the Fort Worth community build their homes. We’re all spending a lot of time at home right now, and I want to help people create a positive environment there.”

Proud of his Texas heritage, Gardner’s family has been in the area for 7 generations, with ancestors who even signed the Texas Declaration of Independence. He sees opening this business as a way to invest in his community and bring economic growth to the area that he is so grateful to be a part of.

“I love living in Fort Worth and I believe the best way to continue to build this community and make it great is to start a business here,” added Gardner. “Our city is full of independent people who like to support local businesses and support our neighbors. I see this as a great opportunity to connect with those people and help make them happy in their homes.”

Color World’s team of professional painters is highly experienced and uses top-quality products in order to deliver outstanding results each and every time. They also offer add-on services that go hand-in-hand with painting and allow customers to check one more thing off their to-do list and streamline their home improvement projects.

About Color World Housepainting

Founded in 1997 and franchising since 2019, Color World Housepainting is a locally owned and operated painting and contracting company that specializes in painting, gutter installation, carpentry, minor drywall repair, powerwashing, holiday lighting and more. A one stop shop for home improvement, Color World Housepainting has 23 open locations operating in 15 states, along with 6 franchises in various stages of development.

Local Power Couple Brings Color World House Painting to Omaha

Local Power Couple Brings Color World House Painting to Omaha

Omaha, NE – (July 1, 2019) – Color World, a leading house painting franchise with locations across the Midwest, is proud to expand its reach to Omaha, NE. Two Millennial franchise development pros are leading the charge with the goal of becoming the top painting business in the area.

Kalie Shuster and Zach Beutler, who are engaged to be married August 3, 2019, launched the Omaha location for Color World on May 1, 2019 on a mission to revolutionize the painting industry. Shuster says she believes the idea of giving a home a new look has lost its luster, something she hopes to restore to the industry.

“To me, I feel like a lot of people don’t realize how glamorous and exciting painting can be,” Shuster says. “I want to make house painting and adding new changes to your home as fun and exhilarating as highlights, haircuts, or salons.”

Color World has been proudly serving its customers since 1997, and looks forward to expanding its reach even further. The one-of-a-kind painting company is pleased to bring much more than just fresh coats for homes to Omaha. Color World of Omaha’s range of services also includes gutter installation, power washing, commercial painting, holiday lighting, and even minor drywall and carpentry work.

With this new business, Shuster and Beutler have established themselves as Omaha’s newest power couple.   They share a love story that has blossomed through a shared passion for franchising and farming.  

The two met while running franchise operations for a national nutrition franchise. It wasn’t long before Zach made a big move to Omaha to take on the Vice President of Franchise Development position at Franchise Fastlane, a leading national turn-key franchise sales organization (FSO).  Kalie soon followed suit, joining Zach to form a dynamic duo that has helped fuel Franchise Fastlane’s swift ascension to one of the most trusted and highly reputable suppliers in the franchising space (In fact, Franchise Fastlane CEO Ryan Zink was recently featured as one of Omaha Magazine’s 2019 Faces of Omaha).

Recently, the two decided it was time to take the advice they give to so many other aspiring business owners – taking control of their future via franchise ownership.  The two saw Color World as a prime opportunity to do just that while providing a much-needed service to the Omaha community.

“We see it as something that isn’t just relegated to the spring and summer months,” says Beutler. “The company is not a product, it’s a service.”

Beutler and Shuster’s relationship extends far beyond the business world. The couple is planning their upcoming wedding in a rustic, red barn in Omaha for a country party catering to friends and franchise family alike.   They also recently purchased an old farm that had been destroyed and have been working overtime to restore it to its original condition.  They’re investing that effort to honor the original owners and show their future kids what’s possible when you commit to something.

This dedication to blue collar values and simpler times defines this throwback couple.  

“We really care about old school values,” says Shuster. “We want to bring back the glamour of painting and restore family traditions. It’s about so much more than a coat of paint, it’s about building a home. That’s what matters most to us in our lives, too, and I think we prove that in everything we do.”

Color World began its franchising initiative in 2016 and has quickly expanded to 7 new locations. The Omaha, NE location is currently open with plans to expand to the Lincoln, NE region in the future.

For more information about Color World, please visit https://www.colorworldhousepainting.com/

For more information about Franchise Fastlane, please visit https://www.franchisefastlane.com/

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About Color World

Color World is a one-of-a-kind painting company with a history of painting houses since 1997. The business is committed to providing quality service that is clean, on time, and on budget. The company offers the services of five different business under one roof. In addition to house painting, customers can take advantage of commercial painting, power washing, gutter installation, holiday lighting, minor drywall and carpentry work, and more. With its service-based business model and steady growth, Color World is rapidly growing throughout the Midwest.

About Franchise Fastlane

Franchise Fastlane is an accelerated turn-key franchise sales organization (FSO). The company works closely with a select number of franchisors to perfect the discovery process, drive qualified leads and become a catalyst for explosive growth. By carefully selecting franchisor candidates through a comprehensive research period, Franchise Fastlane ensures that potential leads are both promising and qualified. Franchise Fastlane prevents the pitfalls of slow growth and enables businesses to find the right franchisees to grow at the pace that best suits their company.

Color World is Your Holiday Lighting Business, And So Much More

Color World is Your Holiday Lighting Business, And So Much More

Color World opened their doors in 1997, growing to four locations before developing and launching into a seamless, recession-resistant franchise model in 2015. With seven franchise locations now awarded, Color World offers Franchise Owners a suite of integrated home improvement services capable of providing ongoing and seasonal revenue streams. As the holidays move near, we at Color World wanted to highlight the added value our holiday lighting service brings to your entrepreneurial franchising endeavor.  

Color World Allows Franchise Owners the Freedom to Choose Their Focus

While rigid, single revenue stream franchise opportunities give owners little room to make decisions for their business, Color World offers flexibility to Franchise Owners through five (5) revenue streams. Each aspect of the business is synergistic, creating greater ticket totals and developing a diverse community of customers.

As a Color World Franchise Owner, you are able to choose which streams of revenue to focus on, ensuring each location the best operation possible. Each owner can then configure their low-overhead franchise operation to meet the needs of their individual markets and territories, regardless of the season. This provides a high degree of freedom and flexibility for each Franchise Owner that our competition can’t beat.

Did we mention this provides greater opportunity for overall market and revenue development in your community?

 

Want to Make the Holidays Brighter in Your Community? Color World Can Help

Holiday Lighting is a robust aspect of the Color World franchise model. While seasonal, the holiday lighting industry totaled sales over $6 billion in 2016, according to Forbes. Color World’s home-improvement franchise model allows Owners to continue their ongoing operations while scaling the holiday lighting service alongside seasonal changes in demand.

Our Franchise Owners average $800 per holiday lighting job and our displays are as unique as they are pleasing to view.

Delight the kids, enrich your community, and drive additional revenue to your Color World franchise every winter by leveraging the seasonality of holiday lighting.

How Do I Get Started?

With Color World, opening a home-improvement franchise has never been easier. As the season for holiday lighting approaches, our holiday lighting service provide you the opportunity to show your family and your community the spirit of your business, while also benefiting the bottom line. Find out more about Color World franchise opportunities by reading the report below!

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Daymond John: ‘I Prefer Franchises’

Daymond John: ‘I Prefer Franchises’

I had a chance to discuss franchising with Daymond John, the recognized TV personality and investor on ABC’s award-winning Shark Tank, the founder and CEO of international hip-hop fashion brand FUBU, Inc., and the NYT and WSJ bestselling author of The Power of Broke.

John talked about how to succeed as a franchise entrepreneur and said that he’s looking forward to serving as a guest judge at the NextGen Global Franchising Competition at the IFA’s Annual Convention in Phoenix on February 10-13, 2018.

Why Experienced Hustlers Make the Best Investments

John hopes to see entrepreneurs present a strong proof of concept, scalability of the business, and a response from the experts in the live audience.

“The ones who are successful at franchises are the ones who’ve failed in the past,” said John. “They’re the hustlers at 5am. They’ve seen what not to do, and so they’ve found something that fits their life.” 

“I have people tell me, ‘Running your own business is tough, and I didn’t know what I was doing.’ So these franchisees don’t have a problem paying the 5-10% to have a lot of the details figured out already.”

There’s Freedom in Spending Other People’s Money

John is no fish out of water when it comes to evaluating pitches off the top-rated ABC reality show.

“I’m looking forward to the fact that I can actually judge and not spend my own money,” he laughed. “When it’s your own money you get opinionated, like sharks. But I’m going to be objective and straightforward because I don’t have to hide my shortcomings as an investor.”

A Next Franchise Act

In addition to licensing his $6 billion FUBU brand to open five FUBU Mobile stores in Brooklyn, a concept similar to MetroPCS and Cricket, John disclosed that he’s rolling out a new franchise company and plans to launch it at the IFA Convention in February 2018.

“It’s too early to give out details,” said John. “We’re working on the name right now.”

He didn’t say which industry it’s in, but he did say some industries perform better than others as franchises. For example, John pointed out that “lifestyle experiences” are a great fit.

“I don’t see enough dance studios. That’s something you can’t do on your phone,” he chuckled. “Something that offers a community with a physical element is good for franchising, like the Flywheels of the world, or anything related to fitness. I have ownership in a couple crossfit gyms.”

Finding “Intimacy” and “Symbiosis” in a Single Business Model

John said he prefers the franchise model over the traditional “corporate” business model because it offers a unique intimacy and symbiosis between stakeholders. He referenced the story of his “potentially biggest Shark Tank deal ever”, Bubba’s-Q Boneless Ribs.

After founder and former Detroit Lions NFL player Al “Bubba” Baker appeared on Shark Tank and struck a deal with ribs-loving John, Bubba’s-Q and CKE Restaurants Holdings, Inc., the parent company of Carl’s Jr and Hardee’s, announced a partnership to sell the innovative Baby Back Rib Burger, a burger laden with Bubba’s-Q patented boneless ribs, at 3,000 of their franchise locations nationwide.

John visited a number of Hardee’s and Carl Jr.’s during this deal and met with franchise owners. “It opened my eyes,” he said. “I was fascinated by how entrepreneurial both the owners and staff are and how much they impact the local community.”

John said this “intimacy” is what differentiates franchises from big corporations. In corporations, “It’s a top-down culture with lots of people and lots of rules.”

“Franchising is a more symbiotic relationship where you give an opportunity to other entrepreneurs and they run with it fueled by their own passion.”

However, one’s not better than the other, John points out. “Whether you’re an entrepreneur or an intrapreneur, it’s always about the hustle.”

Being an Entrepreneur Today Isn’t Easier or Harder, It’s Different

Upon mentioning “the hustle”, John reflected on lessons from his own journey as a lifelong entrepreneur, including the differences between today and 30 years ago.

“Today, it’s a lot easier to source manufacturing and manage inventory. You can turnaround good and services faster. Finding financing is easier, whether it’s crowdfunding or Silicon Valley. Analytics is far more advanced. You can know more about your customers today, even down to the color of their hair.”

“Back in my day, I had to do focus groups. I remember going up to people walking on the streets of Harlem and asking them what they thought my products.”

John noted technology has made a huge difference for people starting up a business today. But not without its drawbacks.

“The challenge is everybody can do the exact same thing with a phone and a computer,” said John. “It used to matter that you were in a good city with a strong network but now you can you can do almost anything from anywhere, rural or urban.”

“Couch potato” Has a New Definition

“For companies to succeed, you have to find the right people. But that’s getting harder and harder, especially for new companies,” said the People’s Shark. “You have to build a culture where people want to work. Otherwise, the good ones will just stay home and make a million dollars from their living room couch.”

 

Read the original article here.

5 Things That Make A Franchise Successful

5 Things That Make A Franchise Successful

Judging from the performance of Potbelly Corporation (NASDAQ:PBPB) IPO on Friday, franchise remains a popular investment concept in Wall Street—the company operates and franchises Sandwich Works shops in the US.

 

But as is the case with other investment, not every franchise is successful. And even among successful franchise chains, some fare better than others. McDonald’s (NYSE:MCD) and Yum Brands (NYSE:YUM), for instance, have fared much better (in terms of equity performance) than Wendy’s (NASDAQ:WEN).

 

What Makes the Difference? These Five Things

 

1.The Right Business Model

The way the chain enhances customer value vis-à-vis the competition. Franchise pioneer McDonald’s, for instance, delivers customers a quick, convenient and inexpensive meal, vis-à-vis traditional restaurants.  KFC offers the same meal attributes but with a different menu—focusing on chicken rather than hamburgers—though both chains broadened their menu portfolio overtime, adjusting it to the local tastes.

 

Dunkin Donuts offers coffee and donuts (and in recent years ice-cream) to go at convenient locations.

2. Scale

home-improvement-franchise-paint

Cost savings associated with a larger production scale of a standardized menu–the bigger the production scale, the lower the cost per menu.  With 33,510 units around the world, for instance, McDonald’s has a scale advantage over Wendy’s, which has 9,792 stores.

 

 

 

Company Rank Worldwide Sales ($M) Domestic Units International Units Total TOT +0.35% Units
McDonald’s 1 85,941 14,098 19,412 33,510
KFC (Yum Brands) 3 21,300 4,780 12,621 17,401
Pot Belly 286 12 298
Pizza Hut (Yum Brands) 6 12,626 7,600 6,147 13,747
Wendy’s 18 6,004 6,772 3,020 9,792
Panera Bread 33 3,421 1,538 3 1,541
Dunkin’ Donuts (Dunkin Brands) 18 6,004 6,792 3,020 9,792

 

 

 

The scale advantage is reflected in the operating margins of the two companies. McDonald’s enjoys a hefty 30.12 percent operating margin, versus 7.38 percent of Wendy’s.

Company OperatingMargins (%) Return on Assets (%) Qtrly Revenue Growth (yoy) Qtrly Earnings Growth (yoy)
McDonald’s 30.13 15.42 0.90 0.30
Berger King 31.95 6.17 -42.50 150.3
Wendy’s 7.38 2.72 1.80 -82.7
Dunkin Brands 39.23 5.22 6.20 -8.30
Panera Bread 8.22 15.64 12.70 16.80
Yum Brands 15.05 13.80 -8.30 -15.10

Source: Yahoo YHOO +0%.Finance.com

 

3. Scope

The cost savings associated with the offering for sale of different products by a single corporation rather than by different corporations. McDonald’s and Panera Bread, for instance, offer a variety of products for sale (McDonald’s has added Mccaffe in many locations), vis-a-vis Wendy’s and Dunkin Brands. That can explain the higher return on assets.

4. Location

The benefits associated with occupying primary location sites for franchise stores. In fact, location can support and re-enforce all these advantages. As an older franchise McDonald’s, for instance, had the opportunity to pick best locations. This further explains both the hefty operating margins and the high return on assets.

5. Market Saturation

The degree of market penetration. The lower the degree of penetration, the higher the room for the company to grow by opening new stores. Potbelly and Panera Bread, for instance, have more room to grow, vis-à-vis McDonald’s and Yum Brands.

The bottom line: Successful franchise chains begin with the right business model, and proceed with the amassing of the right scale and scope in the right locations, until they reach optimum market saturation.

 

Read the original article here.