Franchise Fundamentals New Hyde Park NY

A residential construction-related franchise in New Hyde Park 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

Art Brown Consulting
(917) 916-3229
167 Carroll St
Brooklyn, NY
Vivari Corp
(212) 730-6756
247 W 37th St
New York, NY
C & S Shipping
(718) 723-4441
19920 Linden Blvd
Jamaica, NY
Patwell Consultants
(718) 210-3631
155 Water Street
Brooklyn, NY
H C & W Shipping Inc
(718) 276-4034
24506 S Conduit Ave
Jamaica, NY
Eichlers.com - Online Judaica Store
(718) 258-7643
1405 Coney Island Ave
Brooklyn, NY
Flm Management
(718) 850-6071
10515 Jamaica Ave
Jamaica, NY
Infomedia Consulting Corp
(718) 886-6708
13521 Roosevelt Ave
Flushing, NY
Shinda Management
(718) 262-9167
11018 Sutphin Blvd
Jamaica, NY
Ace Mark Trading Inc
(718) 388-4812
5830 Grand Ave # 2
Flushing, 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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