Franchise Fundamentals Elmira NY

A residential construction-related franchise in Elmira 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

Chemung Canal Trust Co
(607) 737-1100

Elmira, NY
Chemung Canal Trust Co
(607) 737-3890

Elmira, NY
Seneca Cayuga Arc
(315) 568-5648
2147 US Route 20
Seneca Falls, NY
N Y City of
(212) 639-9675

New York, NY
Clinton Village of
(315) 853-5231
Town Hall
Clinton, NY
Process Improvement for Non-Profits
607-684-8981
2744 Goff Rd
Corning, NY
Thyssenkrupp Elevator
(607) 734-8522

Elmira, NY
Elmira Psychiatric Center
(607) 737-4858

Elmira, NY
Cornell Cooperative Extension-Dutchess County
(845) 677-8223

Millbrook, NY
US
(585) 786-3118
31 Duncan St
Warsaw, NY

Provided By:

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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