As an enterprising entrepreneur, you know the value of finding the right business idea to pursue. You want something that fits your needs and your interests, something you can be passionate about that will be profitable for you. The home services industry is a good choice for that. It offers a wide range of business ideas, some of which can be further broken down into more specific niches with specific services and/or products to offer. There’s a lot to choose from, and it’s important to choose carefully.
Industry Trends and Forecasts
The industry has seen a lot of recent growth in recent years, partly due to the COVID-19 pandemic and the increase in remote work. People are more interested in investing in their homes, as they spend more time there. Additionally, businesses are also investing in their properties in order to attract customers. This has created a lot of demand for home services, and people are jumping onboard quickly. Research shows the industry employs about 12 million people in the U.S. alone, and that number is expected to grow over the next five years.
The industry has developed a wide range of different services used by both residential homeowners and commercial business owners. These include landscaping, cleaning, painting, construction, window washing, and plumbing and electrical work. Knowing which section of the industry you want to start a business in is important. It’s best to pick something you either have training or knowledge in, or that you have the interest and passion to learn about.
Making Green by Going Green
Of the different home service industry sections, landscaping is a good one for those who love to work outdoors and have a passion for plants. The landscaping market can be a profitable one, too. Market research shows the landscaping market reached close to $130 billion in the U.S. in 2022. But not only is the capacity for revenue good, so are the options.
Landscaping is a business idea that encompasses a wide range of niche services you can choose from to be the focus of your business. If you like to keep the grass green and healthy, then lawn care may be the right choice for you. If you prefer to plant trees and keep them tended, then tree trimming services may be your calling. If you like to advise people on how to grow their gardens, then landscaping design may be just the ticket for you.
One of the best advantages of landscaping is the modular nature of the businesses. You can choose one niche to call your own, or you can branch out, no pun intended, into multiple niches to offer your clients a selection of different services. When considering how to structure your landscaping business, it’s important to look into what services are in demand in your area. For example, in the Southwestern states, there may not be as big a need for tree trimming, but customers may be seeking gardening experts who know what plants grow best in the hotter, dryer environment.
Options for Those Without a Green Thumb
Of course, the great outdoors isn’t everybody’s cup of tea. There are other business ideas for those who want to join a different segment of the home service industry, including:
- Electrical repairs
- Plumbing repairs
- HVAC maintenance
- Carpet cleaning
- Pest control
Find Your Niche with GrassRoots Turf
If you love the idea of working outdoors and controlling your own destiny, then GrassRoots Turf may be just the franchise you’re looking for in the home services industry. We’re a lawn care franchise with a unique billing method to help create a steady monthly income for your business. As one of our franchisees, you’ll provide basic lawn care, mosquito control, tree and bush trimming and aeration for your customers’ lawns. We’ll provide you with training, site location assistance, marketing services, help with financing strategies, and more. Learn more about franchising with GrassRoots Turf by requesting more info today!