Uploaded by Jon

Entrepreneurship Project 1 Dropbox

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Franchise 1
Franchise 2
Franchise 3
Name
Hommati Drone
Services
Blam Partners
SocialOwl
Type of Business
Franchise
Franchise Fee
$29,900 $44,900
Business
Opportunity
Business Opportunity
$21,000
$149
Royalties
$588 Per Month.
2259.99 Per Month
$24.99
A Similar Business in
Your Area
Google Earth
Squarespace
QuickPro Digital
Marketing
What Appeals to You
about This Franchise
I can see the need for
virtual touring, 4k
videos and drone
footage for buying a
house.
The need for small and
older business owners
to catch up with the
technology age and
are willing to pay for a
website and app to
drive sales.
One Potential
Challenge with This
Type of Franchise
A mega corporation
like Google or Realtor
could start making
virtual tours and
drone videos on a
much larger scale,
which would make us
obsolete entirely.
This is a very
competitive and
saturated market, so
you have to stand out
and do exceptional
work.
Social Media is one of
the most important
tools to reach
customers. People will
want a social media
presence more and
more as the years go
on
This is a market that is
based off of anecdotal
data and analyzing
social media
algorithms that are
super complex. Also
highly saturated.
The Franchise I Would Choose and the Business Reasons Why I Would Choose It:
I would choose Hommati Drone Services. I would choose this business because it is not
in a saturated market and innovative. This service fills a hole in online retail sites that people are
missing. With this, you can walk around a house from different angles all from your computer.
This solves the problem of having to travel around to houses when looking to buy, and with this
you would only have to visit your top choices. The company also seems the sustainable with the
highest chance of breaking out into success. The market for this is small and would be a
breakthrough similar to Google Earth.
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