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
Presidential Estates Home Owners Assoc
(845) 292-7118
Shalom Dr
Swan Lake, NY
Telaleasing Enterprises Inc
(518) 298-2706
1061 State Route 11
Champlain, NY
J & V General Services Inc
(212) 219-9397
145 Canal St
New York, 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
Natural Resources Conservation Svce
(585) 268-7125
5425 County Road 48
Belmont, NY
Univera Healthcare
(716) 847-1430
28 Church St
Buffalo, 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