Franchise Fundamentals New Hartford NY

A residential construction-related franchise in New Hartford 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

Salomon Smith Barney
(518) 463-4112

Albany, NY
Chemung Canal Trust Co
(607) 737-3890

Elmira, NY
John J Finley PC
(518) 697-3366
360 Warren St
Hudson, NY
Sundaram S G MD Facs Fics PC
(518) 943-0834
32 Country Club Esta
Catskill, NY
Board of Cooperative Educational Services (Boces) of Southern We
(914) 921-2498
275 North St
Harrison, NY
National Instruments
(518) 634-2732
192 Drake Hill Rd
Freehold, NY
St Lawrence Nysarc Inc
(315) 287-7857
4415 State Highway 58
Gouverneur, NY
Spectrum Business Interiors
(315) 463-5112
6040 Drott Dr
East Syracuse, NY
Goodman & Company
(212) 579-0020
225 W 86th St
New York, NY
Grekin Toni Lmt
(607) 467-3512
RR 17
Deposit, NY

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