Hurricane Irene was a tragic event that claimed a number of lives and caused millions of dollars of destruction. In my own home town in New Jersey, flooding was rampant and homes went without electricity for a number of days. For all the heartache that the storm caused, it's still assuring to see franchises at the frontline leading the clean-up.
As part of the growing home services sector, we've seen the growth of a new franchise sub-industry specializing in the disaster clean. CNN profiled the work of North Carolina-based business AdvantaClean. The expanding home services franchises expects to make millions of dollars from the storm.
"Certainly, our industry does see an increase in demand during these times," Jeff Dudan, CEO and founder of AdvantaClean, told CNN. "Typically our volume will go up both at home, and we can get some incremental volume and revenues in those areas if we are called in to respond."
Now I'm sure it' s no fun working in the midst of so much personal anguish, but franchises like AdvantaClean do everything they can to help people clean up their lives after a terrible storm passes. AdvantaClean have been in business for 17 years and has noticed a clear rise in business in the wake of killer storms like Hurricane Katrina. With all of the uncertainty in the climate and the rise of deadlier storms and weather, disaster recovery franchises, which fall under our home services franchise category, are really are great investment that helps people rebuild their leaves and communities get back to normal.