Franchise Fundamentals East Elmhurst NY

A residential construction-related franchise in East Elmhurst 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

Multinational Strategies
(212) 674-2677
30 5TH Ave Ste 11G
New York, NY
Oberlink Consltnts Inc
(212) 475-8897
89 Bleecker St
New York, NY
2048 Mapes
(718) 329-2587
2048 Mapes Ave
Bronx, NY
Provider Consulting Group Inc
(212) 594-5008
363 W 30TH St Ste 5F
New York, NY
Bibi Lighting
(718) 787-1420
1716 Avenue M
Brooklyn, NY
DKL Imagine This
(212) 491-2769
2289 Fifth Avenue
New York, NY
Rialto Management Co Inc
(718) 497-7164
5452 Myrtle Ave
Flushing, NY
Mezzanine Spa Corp
(212) 431-7654
62 Crosby St
New York, NY
Laparkan Trading Ltd
(718) 968-2490
5361 Preston Ct
Brooklyn, NY
Yosels Energy Inc
(718) 758-4534
2159 57th St
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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