Franchise Fundamentals Garden City NY

A residential construction-related franchise in Garden City 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

Gilula Associate Inc
(212) 353-0244
451 W Broadway
New York, NY
X L Media Consultant Inc
(718) 875-2104
76 Degraw St
Brooklyn, NY
Econo Tel
(718) 706-9033
1315 37TH Ave Ste 2
Long Island City, NY
Laparkan Trading Ltd
(718) 968-2490
5361 Preston Ct
Brooklyn, NY
Marcktell Consultant
(212) 315-3600
515 W 46th St
New York, NY
DKL Imagine This
(212) 491-2769
2289 Fifth Avenue
New York, NY
Traynor Consulting Inc
(718) 545-0026
1111 30TH Dr
Astoria, NY
Oberlink Consltnts Inc
(212) 475-8897
89 Bleecker St
New York, NY
Caribbean Consol
(718) 384-6256
163 Montrose Ave
Brooklyn, NY
Mirren Business Development
(212) 228-2171
2 Bond St Ste 1
New York, 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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