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

Oceanic International Inc
(212) 226-4848
28 Allen St
New York, NY
Traynor Consulting Inc
(718) 545-0026
1111 30TH Dr
Astoria, NY
Roger Bendelac Advisors
(212) 937-8423
575 Madison Ave Ste 1006
New York, NY
Bacon Consulting
(718) 484-2482
467 Saint Marks Ave
Brooklyn, NY
Rich and Bander, LLP
(646) 843-9913
15 W. 28th St Ste 7A
New York, NY
David Steck, PH.D., MBA
347-922-7039
1620 East 2 Street 2A
Brooklyn, NY
Multinational Strategies
(212) 674-2677
30 5TH Ave Ste 11G
New York, NY
Art Brown Consulting
(917) 916-3229
167 Carroll St
Brooklyn, NY
A & T Consulting Group Inc
(718) 268-8952
15910 71ST Ave
Flushing, NY
C & S Shipping
(718) 723-4441
19920 Linden Blvd
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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