Franchise Fundamentals Franklin Square NY

A residential construction-related franchise in Franklin Square 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

The Alternative Board
(973) 275-0016
1 Penn Plaza
New York, NY
Gilula Associate Inc
(212) 353-0244
451 W Broadway
New York, NY
Laparkan Trading Ltd
(718) 968-2490
5361 Preston Ct
Brooklyn, NY
Roger Bendelac Advisors
(212) 937-8423
575 Madison Ave Ste 1006
New York, NY
Will Scott Consultant
(347) 789-8208
964 Bedford Ave
Brooklyn, NY
PBN Consulting, LLC
718.703.1425
271 Parkside Ave
Brooklyn, NY
DKL Imagine This
(212) 491-2769
2289 Fifth Avenue
New York, NY
Myrtle Avenue Revitalization
(718) 230-1689
472 Myrtle Ave
Brooklyn, NY
Marcktell Consultant
(212) 315-3600
515 W 46th St
New York, NY
Mjw Consulting Inc
(718) 461-1310
3333 161st St
Flushing, 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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