Are you thinking about making the shift from your current role in hospitality to a fresh career path? This move can feel exhilarating but challenging at the same time. Within the hospitality sector, you’ve developed invaluable skills across various industries. You know what remarkable customer service, precise time management, and effective problem-solving require.
You’ve mastered thriving under pressure, an essential skill set in your current role—a highly desirable skill in other industries. As you consider this transition, remember that your skills are a strong foundation for success in countless other fields. And if you are like many, you are thinking about the possibilities of taking your skills and putting them to work for you: owning your own business and being your own boss.
Career Change From Hospitality to Home Service Business
A great way to get started in business ownership is by providing a service that you are at least somewhat familiar with. As we all grew up in a residence, businesses that offer home services can be particularly compelling for those seeking to become owners. A career change from hospitality to owning a home services business allows you to transfer your understanding of "home away from home" to "home sweet home." This transition will enable you to utilize your existing skills and give you the chance to enhance your understanding of business franchise operations. On top of that, this shift can lead to realizing your potential earnings while achieving a work-life balance.
What Are Home Services?
Exploring the home services industry as you start your career change from hospitality opens up a world of possibilities that build on your current expertise in hospitality. This sector, including home repairs, maintenance, installation, and home improvement, is booming with an expected jaw-dropping compound annual growth rate (CAGR) of 21.4% from 2022 to 2030. Most people consider home services a home cleaning business, but that isn’t where it ends. While a home cleaning services business is a common home services business, there are other great options that you can focus on, including:
- Home storage solutions
- Dryer vent cleaning
- Window cleaning
- Glass repair
- Garage door repair
- Painting
- Property management
- And many more!
Stepping into these roles means leveraging your exceptional customer service skills, attention to detail, and reliability. You could use your experience to start one of these businesses from scratch, but that would mean you must develop a comprehensive business plan and gain hands-on experience in your chosen field. However, starting from scratch isn’t your only option when you have dreams of being your own boss. When you choose to become a franchise owner, you can navigate this transition with support and resources from an established brand, simplifying the process and enhancing your chances of success.
Home Services Business Franchise
The hospitality sector has faced some rough times, prompting many to consider transitioning careers from employee to owner. In the business franchise model, success is a collective goal. Franchise companies invest in your success because their growth depends on yours. Franchises like the ones at Neighborly provide you with a detailed business model, thorough training, and ongoing support, providing the tools to set you up for success.
Starting a Home Services Franchise: Key Considerations
When you consider the top home service franchises, keep in mind:
Franchise Owner Relationships
First and foremost, when you invest in a franchise, you’re becoming part of a community. Look for a franchise that actively supports its owners through networking opportunities and shared experiences. With this supportive network, it’s like joining a family business where everyone is invested in each other’s success.
Your New Home Service Business Intel
As you dive into your new role, understanding the finer details of the industry is key. Before Brian Woods, Group VP of Franchise Development at Neighborly®, became successful, he emphasized the importance of learning every part of the business you get into. He said, “I learned the value of educating myself beyond the broad topic of franchise development, focusing my attention on the niche of franchising in the home service space. I read about the industry and found mentors to provide valuable insights, which helped me tremendously. Expanding on my knowledge and adapting what I learned in hospitality to home services has played a critical part in my success at Neighborly.”
The Integrity You Already Have
In your hospitality career, you've likely been a role model for your team in various times and situations. That means you already have the most fundamental aspect of leadership: the ability to motivate and inspire your team to achieve their best daily. This integrity and leadership are invaluable when transitioning into a home services business. Inspiring trust and dedication from your team will be critical to your success.
Expand Your Comfort Zone, Grow Your Business
Entering into a new industry is your chance to stretch the limits of what you’re comfortable with. You have a unique opportunity to be bold and less hesitant to implement fresh, innovative ideas that enhance your business’s performance. As a natural leader with the essential traits of a great business owner, stepping into unfamiliar territory might seem daunting. Yet, it’s the act of reflecting on your past experiences and applying them in new ways that build confidence and allow for personal and professional growth. Embrace this journey as an opportunity to expand and thrive.
Kickstart Your Career Change From Hospitality
Changing careers from hospitality to home services isn’t as challenging as it might seem initially. Franchise owners come from diverse backgrounds, including Veterans and newcomers to entrepreneurship, proving that success is within reach with the right approach. For more information on making the switch, download our complimentary career change eBook today.