How do I start a Jim’s Building Inspections franchise?
Construction is one of Australia’s leading industries, generating for our economy over $360 billion in revenue every year. With a projected annual growth rate of 2.4%, now is as good a time as ever to start a business in a complementary field.
Building inspections are a key stage in every property construction process. They’re designed to provide clients with objective advice regarding the physical state of a building and to ensure that construction projects are up to code.
However, it’s not just the construction industry that keeps building inspectors across Australia in business. Building inspections are also in high demand across the real estate industry, where new home buyers and property investors alike turn towards professional inspectors to help them decide whether or not they should purchase a property.
The first step – how to become a building inspector in Australia
Professional building inspectors play a huge role in ensuring that our buildings are safe for use and fit for purpose.
The path to becoming a building inspector in Australia isn’t straight-cut. Depending on where you live and your existing body of experience, it could take anywhere from a few months to a few years to become a qualified building inspector. For example, a builder making the transition to building inspections will have a much easier time than someone straight out of high school.
The best way to determine the steps you need to take to become a building inspector is to read up on your state or territory’s minimum requirements. Our team at Jim’s Building Inspections have come from all sorts of backgrounds (not just construction), so we’re always happy to have a chat with anyone looking for more information on the process of becoming a building inspector.
Do I need a license to become a building inspector?
In Australia, the qualifications required to become a building inspector varies state by state. Queensland is the only state that requires building inspections to be undertaken by licensed builders who also hold valid building inspection licenses. In all other states and territories, you don’t have to be a licensed builder to become a building inspector.
Although most states and territories don’t require building inspectors to be licensed builders, most companies will require their building inspectors to either have completed a degree or a diploma in the field, or experience in an adjacent field. Many of our inspectors at Jim’s Building Inspections, for example, have previously worked in trades such as carpentry, electrical, and plumbing.
What skills does a building inspector need?
Aside from a deep understanding and knowledge of the construction industry and Australian building codes and standards, a good building inspector should also be equipped with strong maths and/or engineering skills, as well as advanced analysis and written skills.
It’s important to remember that building inspections, at its core, is a customer-facing job. Inspectors spend significant parts of their day presenting their findings to clients and communicating advanced construction concepts to people outside of the industry, so having excellent interpersonal and communication skills will go a long way in determining success.
What are the three types of building inspectors?
There are three types of registration for building inspectors. These are:
- Unlimited – Under this category, building inspectors are allowed to inspect all classes and components of all varieties of buildings, across all types of construction.
- Limited – This category imposes some limitations on inspectors. Under this category, inspectors are only allowed to inspect certain classes of buildings (usually limited by height and area).
- Pool safety – Building inspectors registered under this category are permitted to inspect pools and spa barriers, as well as to issue certificates of pool and spa barrier compliance and/or non-compliance.
Do building inspectors make good money?
The earnings of a building inspector will vary depending on a wide range of factors. These
factors include location, the types of inspections they offer (e.g. residential inspections or commercial), as well as the size of the business itself.
Building inspections don’t come at a flat rate; but on average, a building inspection for an Australian property in a metropolitan area costs somewhere between $800 – $1,000. Generally speaking, the margins are high so there’s certainly a lot of potential to make good money as a building inspector in Australia.
It goes without saying that building and scaling a successful and profitable business requires a lot of commitment and a lot of hard work. However, at Jim’s Building Inspections, we do our best to ensure that our franchisees are positioned for success from day one. Our unique ‘Pay For Work Guarantee’ provides new franchisees with a financial security net that allows them to launch their new businesses with confidence. Under this guarantee, we provide all franchisees in the Group with a weekly safety net of $1,500 – no matter which division they’re in.
The majority of our franchise owners never have to claim this guarantee as their weekly income usually exceeds $1,500 from the very start. However, it’s a way of providing new business owners with some peace of mind and security, so that they can spend more time and energy on growing their business.
How much does a Jim’s Building Inspections franchise cost?
When franchises are put up for sale, they are priced according to several factors. As such, the cost of a Jim’s Building Inspections franchise will vary depending on location and whether it’s a brand new business or an established business.
A Jim’s Building Inspections franchise in an established territory with repeat clients will inevitably require a higher investment than a brand new franchise. Since the costs are so varied, the best way to get a more accurate idea of the prices of Jim’s Building Inspections franchises in your area is to get in touch with one of our representatives online or by calling 131 546.
What does Jim’s Building Inspections success look like?
A successful business is a profitable business. But there are certainly a list of non-monetary indicators of a business’ success, including things like low staff turnover, high customer retention, and positive customer feedback.
At Jim’s Building Inspections, we have seen many small businesses succeed over the last decade. Many of our franchisees have scaled their businesses from ‘one-man shows’ to sizable businesses that include multiple staff, multiple regions, and huge customer lists. There’s no limit on what you can achieve as a Jim’s Building Inspections franchise owner, which means that it’s the perfect opportunity for anyone looking to take charge of their life and their career.
Jim’s Building Inspections franchise review
For many of our existing franchisees, their decision to join Jim’s Group was guided by the simple fact that the Jim’s business model has been proven to work, time and time again. At Jim’s, we position our franchisees for success from their very first day. With plenty of work and plenty of room for innovation and flexibility, we present everyday Australians with the opportunity to become an entrepreneur.
Watch one of our franchisees, Sam, share his story and explain his motivations behind purchasing a Jim’s Building Inspections franchise business.
At Jim’s Building inspections, our franchisees come from all walks of life, cultures, and backgrounds. If you’ve been thinking about starting your own business in the building inspections industry, we’d love to hear from you. Give us a call on 131 546 or get in touch online today to discuss next steps.
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