The restoration and remediation (R&R) industry has seen rapid growth in the last decade, with water damage restoration alone expected to grow at a CAGR of 6.8% through 2025. As such, the R&R sector continues to present rewarding opportunities for entrepreneurs looking to capitalize on the rising demand for services resulting from floods, hurricanes, wildfires and other catastrophic events. However, starting a business in this field requires a large investment on equipment and tools, as well as a proven business model that will allow the owner to get up and running quick in order to assist residents in their communities in need of help.
One path to opening a new restoration company that eliminates the hassle of starting completely from scratch is choosing to franchise with a reputable brand. The tools and resources franchisors can offer owners can position franchise owners for greater success. As you consider your options, here are a handful of key advantages to joining the R&R industry and how franchising can make the process more seamless.