Starting your own business is never an easy feat, and very few entrepreneurs possess the natural ability and expertise to be proficient in all aspects of running a successful building company. That is where a well-established franchisor’s experience comes into play; when you buy a franchise, you buy a system – a complete method of doing business. Stroud Homes Franchise Development Manager Matthew Wright is working closely with existing and prospective Stroud franchisees and explains how … [Read more...]
Essential Reading for Prospective Franchisees
In my discussions with prospective franchisees I tend to encounter the same sort of questions and concerns. To help you decide whether a Stroud Homes franchise is right for you I've put together the following series of articles. I strongly encourage you to read each of these articles prior to our first conversation.
James Stroud
Building & Cultivating a Team Culture
Collaboration is Key Over the years, Stroud Homes has managed to develop a strong reputation as a franchising home building business all across Australia as well as in New Zealand, attracting new clients and builders alike. An imperative aspect of Stroud Homes' success and high performance as a major player in the industry is their company culture of collaboration. Company culture Stroud Homes understands the culture at any organisation sets expectations for how people within it will … [Read more...]
Communication is Key
Communication, Training & Support The reasons for starting and running your own home building franchise are as plentiful as they are diverse. But deciding to buy your own business is also daunting and requires a leap of faith. It requires product knowledge, business skills, sales, and more than anything, hard work. Therefore, a vital component in Stroud Homes management is to provide franchisees with a professional team behind them, readily available to give training and support along … [Read more...]
Customer Designed Homes
Getting Started “If you're going to start a new home building business, you need to sell homes,” says Stroud Homes owner James Stroud. That sounds pretty straight forward when James says it, but it seems that many builders wanting to go out on their own forget this critical point. Even James himself wasn’t even aware of this in the beginning. “I thought it can’t be that hard. I went home and talked to my wife and said let’s just do up some designs and start selling houses. What we found is that … [Read more...]
Do established franchises really have an edge over emerging franchises?
Recently I came across an article by Jeff Lefler The Top 3 Reasons to Invest in an Emerging Franchise. The article sums up the advantages of investing in an emerging franchise. As the founder and CEO of just such an emerging franchise, I can certainly attest to these benefits. Lefler explains that franchise systems are designed to reduce risk. But if the underlying franchise or business model is flawed then the risk is actually increased. Advantage 1 - Lower turnover rate Emerging franchises - … [Read more...]
Stroud Homes Wins 2017 Asia/Pac BEFA Award!
Celebrating "Most Innovative Company" win in the 2017 Asia/Pacific Business Excellence Forum Award. Congrats to fellow winner Mick Bentham awarded for his Bentham foundation and their work in Nepal! … [Read more...]
Home Builder Franchise Opportunities in Victoria
If you’re a local home builder in Melbourne, Geelong or other growing areas of Victoria, you should know that Stroud Homes has a number of franchise opportunities throughout the state. We’re especially targeting areas of East Melbourne such as Ringwood and regional centres like Geelong. At Stroud Homes we look for locations where Housing Industry Association (HIA) data shows at least 500 detached, single buildings going up each year. Not only are there plenty of locations in Victoria … [Read more...]
Home Builder Franchise Opportunities in NSW
There are always plenty of opportunities out there for hard working home builders wanting to start a Stroud Homes Franchise, but at the moment we’re urgently calling for builders in Newcastle and North Sydney. At Stroud Homes we look at a lot of data before we start a new franchise, making sure there are enough homes being built in the area for a new business to flourish. We consider Housing Industry Association (HIA) data showing the number of detached, single buildings being built each … [Read more...]
The 10 Year Advantage
Starting a business is daunting and requires a leap of faith. It requires product knowledge, business skills, sales, and hard work. However, it is also an opportunity to open new doors you didn't even know exist. And what if I could tell you there is an easier way to start your own business? Would I have your attention? Stroud Homes has seen its business model spread across QLD, NSW, and VIC over the past 3 years. This has been through the creation of strategic business modelling and the … [Read more...]
AGM Awards, Christmas & A Happy New Year!
It’s been a big year for Stroud Homes as the company has grown with new franchises in Melbourne, Wide Bay, Wagga Wagga, Sydney South West and Brisbane West, as well as taking out a number of HIA awards and a QMBA. None of this would be possible without the hard work our franchisees put into their new homes and the great customer service we’re known for. We held an AGM recently to go over 2015, plan for the year ahead and, most importantly, award the hard work of some of our franchisees. … [Read more...]