Franchise Fundamentals Saint Albans NY

A residential construction-related franchise in Saint Albans 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

Administrative Office Solutions, Inc. (Virtual Assistant)
718-224-4903
17-20 215 Street
Bayside, NE
Multinational Strategies
(212) 674-2677
30 5TH Ave Ste 11G
New York, NY
Art Brown Consulting
(917) 916-3229
167 Carroll St
Brooklyn, NY
Vivari Corp
(212) 730-6756
247 W 37th St
New York, NY
Mjw Consulting Inc
(718) 461-1310
3333 161st St
Flushing, NY
David Steck, PH.D., MBA
347-922-7039
1620 East 2 Street 2A
Brooklyn, NY
Wdg Consulting
(201) 656-0660
323 Grand St
Hoboken, NJ
Ferber Co Management Inc
(718) 507-5892
7711 35TH Ave Ste 5C
Flushing, NY
National Consulting Llc
(718) 247-1000
4141 38TH St
Long Island City, NY
Balcolm Consulting Svc
(718) 826-0200
496 Flatbush Ave
Brooklyn, NY
Data Provided by:
  

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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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