Franchise Fundamentals Bronx NY

A residential construction-related franchise in Bronx 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

Traynor Consulting Inc
(718) 545-0026
1111 30TH Dr
Astoria, NY
Compensations Solution Cnsltng
(212) 929-7477
351 W 24TH St Ste 8C
New York, NY
Sagacious Consultants Ltd
(718) 246-5000
365 Jay St
Brooklyn, NY
Bacon Consulting
(718) 484-2482
467 Saint Marks Ave
Brooklyn, NY
Allcreditfinancialservices.com,LLC
(877) 865-1855
1067 Lexington Ave
New York, NY
Pitagorsky Consulting
(212) 696-9687
144 East 37th Street
New York, NY
City Wide Management
(718) 968-9589
1755 Utica Ave
Brooklyn, NY
National Consulting Llc
(718) 247-1000
4141 38TH St
Long Island City, NY
Mba Plans Inc
(201) 902-9090
415 Harmon Cove Tower
Secaucus, NJ
Rich and Bander, LLP
(646) 843-9913
15 W. 28th St Ste 7A
New York, 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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