Determined to give entrepreneurs in the painting industry a chance to build their own businesses, Hoist launches a new marketing solution focused on guaranteeing profitable growth.
LOS ANGELES, April 25, 2022 /PRNewswire-PRWeb/ -- Did you know that there isn't a single business in the $46 billion painting industry with more than a 1% market share? This makes it a perfect market for entrepreneurs to break into. Yet, the complexity and time it takes to run a business independently can decrease profits and overwhelm new entrepreneurs, causing many to give up entirely or rely on joining a franchise.
However, franchising has its own unique downsides. The cost of entry is overwhelmingly expensive. In addition, getting the business running is a slow-moving process without the opportunity for business owners to create an individual brand. As a result, many ambitious entrepreneurs are looking for other options to decrease the cost of entry into the industry and avoid buying into big franchises.
Finally, there is an option to get the support and help needed while keeping the cost of entry affordable. Hoist's Home Field Advantage offers a solution to disrupt the standard franchising model. Hoist costs $8K per year compared to the $150K to start a franchise, which is 5.3% of the usual costs. Also, on average, franchises receive 16% revenue share, vs. Hoist's 9.5%. Add in the speed-to-market (Hoist can launch a business in 30 days versus multiple months with a franchise), and there is a compelling case to choose Hoist over franchising. The question they pose is, "Why pay hundreds of thousands of dollars for a franchise when the alternative is cheaper and gives you your own brand and independence?"
Hoist is a unique business-building platform designed explicitly for breaking into the painting industry. It provides everything needed to start, run, and grow a painting company, all in one place. Open to all, no matter their experience level, Hoist offers virtual training courses designed by industry experts and advice from its vibrant community.
On March 5th, 2022, Hoist launched the first hassle-free solution for small businesses to acquire customers with Hoist Home Field Advantage. With Home Field Advantage, Hoist eliminates the risk of wasting money on marketing. Clients can count on predictable cash flow by estimating how many appointments with leads they would like to schedule and only paying when the appointment has begun.
The alternative to Home Field Advantage is business owners paying for the contact information of a homeowner - which is often sold to multiple other business owners - creating an urgent timeline and direct competition. To get ahead, the business owner must drop everything else they are doing to call their new lead immediately, review their details, and schedule an appointment.
Hoist handles all of this. They only charge once the business owner meets with the homeowner in person instead of charging for leads that may be unqualified or have already been contacted by another business first. If the lead cancels the appointment - Hoist still will not charge. Once partnered with Hoist, the team gets to work sourcing customers and handling all the logistics of getting a foot in the door.
With a promise of low costs and high-profit growth, choosing Hoist to start a painting business is a no-brainer.
About Hoist: Starting a business is difficult, but it's much easier with a partner by your side. Get the tools and guidance needed to start, run, and grow a painting company with Hoist. Hoist exists to empower entrepreneurs, regardless of prior experience. With extensive training, community support, and a network of subcontractors, Hoist has the tools to help start your very own painting franchise. Then, start the 30-day journey to owning a business by pairing up with an expert business coach to reach your growth goals. All while Hoist manages online presence and integrates performance data all in one place.
Get started on the journey to owning a painting business; Hoist is ready to unlock the American Dream.
Media Contact
Michael Williamson, Hoist, (503) 809-5365, [email protected]
SOURCE Hoist
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