Franchise Fundamentals Springfield Gardens NY

A residential construction-related franchise in Springfield Gardens 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

KHL Consulting Inc
(212) 281-5136
2289 Fifth Avenue
New York, NY
Imagine That Design Inc
(212) 228-2128
299 E 10TH St
New York, NY
United Management Co
(718) 923-5900
166 Montague St
Brooklyn, NY
Roger Bendelac Advisors
(212) 937-8423
575 Madison Ave Ste 1006
New York, NY
Will Scott Consultant
(347) 789-8208
964 Bedford Ave
Brooklyn, NY
PBN Consulting, LLC
718.703.1425
271 Parkside Ave
Brooklyn, NY
Seven Avenue Management Corporation
(718) 768-1200
417 7TH Ave
Brooklyn, NY
Winking Group Llc
(212) 566-8646
75 E Broadway
New York, NY
K & D Consulting
(718) 352-8827
2559 Francis Lewis Blvd
Flushing, NY
Dys Management
(718) 730-9210
9340 Queens Blvd
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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