Diversification is a remedy for stagnation. That’s a familiar concept for small business owners who experience sluggish revenue or have hit a plateau in just about any industry. For those in the flat/auto glass business, many of these plateaus are a direct result of changes in the insurance industry that are rerouting customers and producing challenges for small businesses in glass repair. Fortunately, a new trend is coming to the rescue of countless flat/auto glass business: shower doors.
Combating Stagnation for Glass Industry Franchises
It’s hard to establish predictable business growth in an industry like flat/auto glass, which is inextricably linked to large, powerful networks of insurance groups. Even for full-service flat/auto glass companies, stagnation can occur. This $27 billion dollar market is dominated by large players accounting for nearly a quarter of the entire industry, but that doesn’t mean that small business owners can’t get a reasonable cut. One benefit that small businesses have over their larger counterparts is the capacity to respond quickly to hot trends at the local level, opening up access to service calls in somewhat of a shielded environment.
Shower Doors Provide Lucrative Revenue Stream
Shower doors represent a dynamic year-round revenue stream for glass businesses, and if your business is starting to stagnate, it may be well worth looking into. Aside from shower door installation, flat/auto glass companies can perform shower door restoration as well as repairs and custom service calls. But like many new revenue streams, expansion to glass doors will only be successful if carefully built into your flat/auto glass business model, which is where many small businesses fall short.
One of the best resources for guaranteeing that your new revenue stream will interface with your business is to enlist help from the experts, and a great way to do that is through purchasing a franchise. If you’re starting a full-service flat/auto glass business, or even if you operate an existing business, there are lots of reasons to consider buying a glass replacement franchise – this will offer you real-time resources and training for the latest and most profitable revenue streams like shower doors.
The Proof is in the Numbers: Evidence from the Glass Doctor
With enough industry experience comes expertise. Glass Doctor has been in business for decades, and the value of establishing shower doors as a solid revenue stream for franchisees is a great example of how they apply their industry expertise to the benefit of franchisees. Not only do they provide these kinds of insights to franchisees, but they also provide the resources to apply that knowledge to businesses through strategic counseling, promotional resources, and even technical training.
Despite challenges in the flat/auto glass industry, it’s very possible to run a profitable glass business – with the right expertise and industry knowledge. By purchasing a Glass Doctor franchise, business owners can stay on top of the hottest trends in the flat/auto glass industry and deliver those services to their local markets quickly. Contact us today to learn more about Glass Doctor!