Franchise Fundamentals Smithtown NY

A residential construction-related franchise in Smithtown 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

Missoni Boutique
(212) 826-6515
166 E 63rd St
New York, NY
Brown Lenny Mba
(518) 794-7402

New Lebanon, NY
East Coast Division Greif Brothers Corp
(718) 981-2200
178 Holland Ave
Staten Island, NY
Bhsn Adult Services
(518) 563-8000
63 Broad St
Plattsburgh, NY
H S K B Production Inc
(516) 385-2361
167 Hempstead Ave
West Hempstead, NY
DiTomasso Designs & Consultations, Inc.
32 Glasgow Avenue
Deer Park, NY
Thompson Health
(585) 396-6595

Canandaigua, NY
Gridnet International
(716) 278-1370
400 Main St
Buffalo, NY
Related Management
(212) 842-8608
230 E 86th St
New York, NY
Mosca Kathryn Csw
(914) 723-2505
45 Popham Rd
Scarsdale, 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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