Return on Investment | Honey Do Franchising Group

How Does a

64.60%

Average Gross Margin Per Honey Do Service in 2018 sound?*

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Our systems drive performance to maximize profits

As a Honey Do Service owner, you benefit from our many years of experience which not only provide unique insights, but a magnifying glass into the critical metrics of company performance. We've used that insight to develop systems and real-time solutions that on average, bring 65.6% profit margins on job sites. You'll learn those systems and our proven techniques for increasing productivity, efficiency, and profitability.

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Creating a Growth Engine, Building Traction, and Gaining Cash Flow with the Tools to Measure Your Success.

Honey Do Service Franchises are designed to provide cash flow on a weekly basis and each week culminates with accurate reports on the metrics of your business. These automatic reports contain valuable data on the performance of your marketing, sales, and production. Allowing you to make informed business decisions on:

  • Profit & Loss of the Company
  • Profit & Loss of Each Job
  • Lead Source/Acquisition
  • Sales Closing Ratios
  • Break-Even Analysis
  • Balance Sheets

You'll also receive reports that keep your team accountable and allow you to have oversight without having to micromanage.

Cost Per Impression • Cost Per Lead • Cost Per Job

Not only will you learn how to track these important metrics in order to manage and maximize your marketing budget, but you'll learn the optimal cost to be see by potential clients (cost per impression), appropriate cost for a sales opportunity (cost per lead), and the industry-standard cost for the acquisition of a profitable home improvement project (cost per job). These measures will keep your business on track for consistent growth.

We'll teach you the most cost-effective methods for obtaining quality leads to extend your marketing dollars in order to increase your closing rate.

*These statements reflect figures from Item 19 of our 2019 Franchise Disclosure Document (FDD) and represents financial performance achieved by our franchised locations open and operating a full 12 months during the 2018 Calendar Year.

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