Franchise Fundamentals Hollis NY

A residential construction-related franchise in Hollis 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

Hasenfeld & Klein
646.436.3320
1525 55 street
Brooklyn, NY
Premium Hosting Inc
(718) 472-0326
4801 38TH St
Long Island City, NY
Sagacious Consultants Ltd
(718) 246-5000
365 Jay St
Brooklyn, NY
Dys Management
(718) 730-9210
9340 Queens Blvd
Flushing, NY
Passion Parties By Ronne
(718) 495-4444
1107 Lenox Rd
Brooklyn, NY
CEO Space New York
(877) 464-2469
58-51 43rd Avenue
Woodside, NY
Administrative Office Solutions, Inc. (Virtual Assistant)
718-224-4903
17-20 215 Street
Bayside, NE
National Consulting Llc
(718) 247-1000
4141 38TH St
Long Island City, NY
Mirren Business Development
(212) 228-2171
2 Bond St Ste 1
New York, NY
Yosels Energy Inc
(718) 758-4534
2159 57th St
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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