Franchise Fundamentals Elmont NY

A residential construction-related franchise in Elmont 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

268 East Fourth Street Hbfnc
(212) 505-0853
268 E 4TH St
New York, NY
K & D Consulting
(718) 352-8827
2559 Francis Lewis Blvd
Flushing, NY
Marcktell Consultant
(212) 315-3600
515 W 46th St
New York, NY
A & T Consulting Group Inc
(718) 268-8952
15910 71ST Ave
Flushing, NY
Passion Parties By Ronne
(718) 495-4444
1107 Lenox Rd
Brooklyn, NY
Compensations Solution Cnsltng
(212) 929-7477
351 W 24TH St Ste 8C
New York, NY
Econo Tel
(718) 706-9033
1315 37TH Ave Ste 2
Long Island City, NY
Thought For Food
(212) 420-7972
116 W Houston St
New York, NY
Fastel Corp
(212) 722-1491
1762 2nd Ave
New York, NY
Ptn Consulting
(718) 343-8748
23737 Jamaica Ave
Jamaica, 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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