Franchise Fundamentals South Richmond Hill NY

A residential construction-related franchise in South 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

Valvo Vincent
(212) 977-4542
219 W 48TH St
New York, NY
268 East Fourth Street Hbfnc
(212) 505-0853
268 E 4TH St
New York, NY
Fastel Corp
(212) 722-1491
1762 2nd Ave
New York, NY
Consulting Q & U
(718) 896-0900
6402 99th St
Flushing, NY
Rich and Bander, LLP
(646) 843-9913
15 W. 28th St Ste 7A
New York, NY
Janet Hayes Consulting
(917) 400-3633
505 Laguardia Place
New York, NY
Design Collaborative
(212) 741-1204
105 Charles St
New York, NY
Caribbean Consol
(718) 384-6256
163 Montrose Ave
Brooklyn, NY
Mjw Consulting Inc
(718) 461-1310
3333 161st St
Flushing, NY
Passion Parties By Ronne
(718) 495-4444
1107 Lenox Rd
Brooklyn, 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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