Franchise Fundamentals Forest Hills NY

A residential construction-related franchise in Forest Hills 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

Marsar Calloway Management
(718) 592-8200
5921 Calloway St
Flushing, NY
Collaboration & Change
(212) 673-9118
267 E 7TH St Ste 5
New York, NY
Mjw Consulting Inc
(718) 461-1310
3333 161st St
Flushing, NY
Georgica Capital Advisors Llc
(201) 420-9778
50 Journal Sq
Jersey City, NJ
Rich and Bander, LLP
(646) 843-9913
15 W. 28th St Ste 7A
New York, NY
Valvo Vincent
(212) 977-4542
219 W 48TH St
New York, NY
Eichlers.com - Online Judaica Store
(718) 258-7643
1405 Coney Island Ave
Brooklyn, NY
Provider Consulting Group Inc
(212) 594-5008
363 W 30TH St Ste 5F
New York, NY
Wolinetz Management
(718) 297-1850
16401 Hillside Ave
Jamaica, NY
Bibi Lighting
(718) 787-1420
1716 Avenue M
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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