When it comes to home organization, there’s a clear brand to beat: Closet & Storage Concepts / More Space Place. The franchise concept has been capitalizing on the rising demand for home organization and space-saving home furnishings products in the U.S. for 30 years. That’s why it’s no surprise that the brands are heading into the New Year with strong momentum and a positive outlook.
Last year alone, Closet & Storage Concepts / More Space Place successfully completed the integration of More Space Place’s system into its brand in addition to opening up two new franchise locations. The brand also broadened its franchise model by introducing the opportunity for franchisees to open showroom-only locations. That then allows other local owners with the capacity to take on manufacturing for the showroom locations to add more revenue streams to their bottom lines. And in 2017, those types of accomplishments are expected to be even bigger.
“We’re better poised for growth today than we’ve ever been before. That’s grounded in the fact that the Closet & Storage Concepts / More Space Place franchise system is perfectly positioned in the industry for future growth,” said Bob Lewis, president and CEO of the company. “Our leadership team is also exceptional—we’ve all been in our roles with the brand for years, so we have experience running this business. When you couple that with our strong financial performance and an expected better regulatory environment for businesses in the future, I’m confident that we’ll experience a successful 2017.”
The franchising industry as a whole is preparing for a record year. With the uncertainty of the 2016 presidential election officially in the past, and an incoming President who has promised to loosen the restrictions and regulations imposed on businesses across the country, industry professionals are expecting an uptick in franchise development. And the team at Closet & Storage Concepts / More Space Place is ready to make the most of that opportunity.
“People are ready to move forward now that the distraction of the presidential election is behind them. Our lives are no longer on hold—in fact, we’re anticipating improvements for businesses across the board this year,” said Tom Harris, director of franchise development for Closet & Storage Concepts / More Space Place. “With lending made easier and greater certainty in the economy, entrepreneurs will be more likely to take the leap and go into business for themselves. That’s where our proven business model comes in.”
Closet & Storage Concepts / More Space Place offers prospective franchisees a unique opportunity to be at the forefront of the growing home organization and space-saving home furnishings industry. The brand’s franchise system and corporate support structure are designed to help entrepreneurs be successful business owners. And that proven system is always improving—despite its successes, the company is constantly making enhancements to its model.
“For me, it comes down to execution. We’ve accomplished a great deal in terms of integrating Closet & Storage Concepts with More Space Place, and that’s definitely something we expect to continue this year,” said Lewis. “Through growing our franchise system and perfecting our best practices, we’re getting better at what we do every single day. That mindset will carry us through 2017—we’re always looking for new ways to help our customers and make our business partners as successful as possible.”