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...]
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
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...]
11 Tips for Startup Success from James Stroud and Brad Sugars
Imagine if you could sit down for a quiet chat with James Stroud, founder of Stroud Homes and 'The Worlds #1 Business Coach' Brad Sugars, owner and founder of the worlds largest business coaching organisation. What would they be able to tell you to ensure your success as you start your Stroud Homes business? This article is a combination of thoughts on startup business from Brad Sugars, and comments from James Stroud on how each of Brad's comments apply to what we do here at Stroud Homes, the … [Read more...]
Why Buy A Franchise?
Independent vs Stroud Homes - How does it stack up? By James Stroud Why would anyone buy a franchise? Some friends of ours were married in February 2015 and we were invited to their wedding. Some of the relatives of the Bride stayed with us, one of which was a fellow builder. He was quite a frank sort of a fellow and as I was BBQing some steaks after the wedding he said to me “I don’t know why anyone would buy a franchise, I just don’t see the point of it.” So I decided to write down some … [Read more...]
Starting the engine – one cylinder at a time
Every franchise team we start is different, but in many ways the same. Our business model runs smoothly with a team of 6 - sort of like a 6 cylinder engine. What makes it tricky is that we have to start each cylinder, one at a time. Why? Starting the business (all 6 cylinders) at once normally would chew up too much seed capital - making this an impractical solution. So what is the answer? What are our 6 cylinders? Sales Estimator Contract Administrator/Accounts Site … [Read more...]
The snake and the mouse
I’ve been told that some small animals freeze with terror at the sight of a snake, obviously helping to make the snake's job much easier. I spoke to a builder today who was entirely convinced that there was no way to capture any market share from the big national corporate builders in his area. With multiple display homes in multiple locations, thick glossy magazine quality brochures and incredible deals – he was mentally giving the game to the big players. It is easy to sit back and shake my … [Read more...]