Franchise Fundamentals Baldwin NY

A residential construction-related franchise in Baldwin can be a great investment — for the right firm or manager. However, the price remodelers have to pay is more than just the purchase cost — it includes significant capital to buy the territory and set up the franchise as well as payment of royalties over the duration of the partnership.

Local Companies

Kgk Security Consultants
(718) 361-6220
4120 46TH St
Sunnyside, NY
Ferber Co Management Inc
(718) 507-5892
7711 35TH Ave Ste 5C
Flushing, NY
Balcolm Consulting Svc
(718) 826-0200
496 Flatbush Ave
Brooklyn, NY
Bacon Consulting
(718) 484-2482
467 Saint Marks Ave
Brooklyn, NY
Passion Parties By Ronne
(718) 495-4444
1107 Lenox Rd
Brooklyn, NY
Traynor Consulting Inc
(718) 545-0026
1111 30TH Dr
Astoria, NY
King's Village Corp
(718) 241-4929
1755 Utica Ave
Brooklyn, NY
Myrtle Avenue Revitalization
(718) 230-1689
472 Myrtle Ave
Brooklyn, NY
Ptn Consulting
(718) 343-8748
23737 Jamaica Ave
Jamaica, NY
Bibi Lighting
(718) 787-1420
1716 Avenue M
Brooklyn, NY
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Source: REMODELING Magazine
Publication date: March 1, 2005

By Nina Patel

A residential construction-related franchise can be a great investment — for the right firm or manager. However, the price remodelers have to pay is more than just the purchase cost — it includes significant capital to buy the territory and set up the franchise as well as payment of royalties over the duration of the partnership.

But even more of a concern for remodelers is the loss of autonomy over their business. Remodelers who enter a franchise agreement must be willing to restrain the self-reliant entrepreneurial spirit they called on to start up and run their company.

Some franchisors compare the process of finding, evaluating, and joining a franchise to the process of dating, engagement, and marriage — with the franchise contract as a pre-nuptial agreement that spells out the responsibilities of both parties.

Indeed, the back and forth can be both fun and frightening, and the future not always clear. Fortunately, there are questions to ask and answer and processes to follow to make finding “the one” all the more successful.

Why Buy?

Buying a franchise has many benefits. A franchisor provides a sophisticated analysis of the market for their product or service, proven systems, peer and company support, buying power, and upped resale value.

For construction industry novices, a franchise offers a map to success.

Click here to read full article from Replacement Contractor

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