Industry Analysis & Industry Trends
The collapse of the housing market weighed heavily on industry operators. As fewer residential buildings needed inspecting, demand and revenue for the industry dropped. However, a recovery in the housing market is expected to boost revenue over the next five years as housing starts and existing home sales rise.... purchase to read more
Industry Report - Industry Investment Chapter
The Home Inspection Franchises industry has a low level of capital intensity. Franchisees are expected to spend about $0.11 in capital investment for every $1.00 spent on wages. Labor input will always be important in any customer service field, with wages accounting for about 41.2% of total industry revenue in 2012. The capital equipment requirements for this industry are low, comprising measuring and testing equipment, computers, cameras and motor vehicles.
The bulk of work is visual, although inspectors may use equipment such as tape measures, surveying instruments, electrical metering devices and concrete strength testing equipment to complete various stages of an inspection. Cameras are regularly used when photographic evidence is necessary for inclusion in the final report... purchase to read more