Franchise Fundamentals Latham NY

A residential construction-related franchise in Latham 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

Macopyan Hall Management NV, Inc
518-232-1044
443 whitehall
Albany, NY
Richard Fleishman & Associates
(914) 694-4788
2 Manhattanville Rd
Purchase, NY
Solomon Richman PC
(516) 437-0364
3000 Marcus Ave Ste 1E5
New Hyde Park, NY
Chemung Canal Trust Co
(607) 771-6532

Binghamton, NY
Amco Professional Services
(212) 826-3074
505 Park Ave Fl 20
New York, NY
Archer Brown Corp
(518) 439-9189
159 Delaware Ave Ste 126
Delmar, NY
Siemens Building Technologies Inc
(518) 782-0874
6 British American Blv
Latham, NY
Related Management
(212) 706-8607
230 E 86th St
New York, NY
Ryan Assoc
(631) 363-2869
32 Maple St
Blue Point, NY
Americana Services
(917) 339-0042
43 W 38th St
New York, NY
Data Provided by:
  

Provided By:

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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