What is the Tradesman and Handyman Franchises industry?
The Tradesman and Handyman Franchises industry exhibits a low level of capital intensity. Despite a heavy focus on capital costs, the industry is highly labour-intensive, requiring labour functions to perform the majority of the jobs requested by consumers. Capital intensity has increased over the past five years due to the growing sophistication of the tools and equipment used to carry out specific jobs. To calculate the capital intensity level, IBISWorld uses data from the industry cost structure. Wages are used as a proxy for labour, and depreciation is used as a proxy for capital. In 2015-16, wages are projected to account for 61.9% of industry revenue, with depreciation estimated at 3.7%... purchase to read more