Business View Magazine - Dec 2023

Many franchises don’t do this, so it certainly will be a point of distinguishment for HomeVestors that is sure to enhance its already great vendor relationships. The franchise has alreadymanaged to secure strong long-term relationships with big names like Home Depot, Sherwin Williams, Owens Corning, Wayfair, and Silver Hill, which have consistently supported HomeVestor franchisees throughout the years. However, according to Vice President, Franchise Development,Adam Benshoof, there is always room for improvement. “We want to have a number of different options for our franchisees… in our world, it’s not one size fits all, so we need to have different options for different situations,” Benshoof says. Stepping away from support via technology, HomeVestors also ensures that there is a veryhuman element of support for franchisees, specifically through training and guidance. The company provides comprehensive training that flows from self-paced online pre-work to in-person training at the Dallas HQ to a follow-up virtual training class 90 days later. However, the most vital element involves ongoing mentorship after this process. “Every franchisee is assigned a Development Agent,” Goodman explains,“Development Agents either are or have been successful franchisees for many years and are there to help ongoing training throughout 182 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 12