Franchise Fundamentals Richmond Hill NY

A residential construction-related franchise in Richmond Hill 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

Lee Robert
(212) 279-0009
1 Penn Plz
New York, NY
Roger Bendelac Advisors
(212) 937-8423
575 Madison Ave Ste 1006
New York, NY
Sledge Inc
(201) 860-9902
100 Warren St
Jersey City, NJ
Will Scott Consultant
(347) 789-8208
964 Bedford Ave
Brooklyn, NY
Allcreditfinancialservices.com,LLC
(877) 865-1855
1067 Lexington Ave
New York, NY
Multinational Strategies
(212) 674-2677
30 5TH Ave Ste 11G
New York, NY
Kgk Security Consultants
(718) 361-6220
4120 46TH St
Sunnyside, NY
Z G Consultants Inc
(718) 925-0942
13339 130th St
Jamaica, NY
B & C Consultants Llc
(718) 532-1350
4907 18th Ave
Brooklyn, NY
H C & W Shipping Inc
(718) 276-4034
24506 S Conduit Ave
Jamaica, 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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