Franchise Fundamentals Troy NY

A residential construction-related franchise in Troy 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

Macopyan Hall Management NV, Inc
518-232-1044
443 whitehall
Albany, NY
Vacation Village Homeowners Assoc
(845) 436-8359
Hurleyville Rd
Loch Sheldrake, NY
St Lawrence Nysarc Inc
(315) 764-5922
35 Amherst Rd
Massena, NY
Related Management
(212) 677-6288
131 W 14th St
New York, NY
Scoop & Company
(718) 853-5368
940 McDonald Ave
Brooklyn, NY
Archer Brown Corp
(518) 439-9189
159 Delaware Ave Ste 126
Delmar, NY
N Y City of
(212) 639-9675
22 Reed St
New York, NY
Academy At Southgate Condominium Assoc
(315) 724-3474
Fiore Dr
Utica, NY
Brinks Inc
(212) 909-4200
14 E 47th St
New York, NY
Turley Redmond & Rosasco Llp
(631) 580-3700
3075 Veterans Memorial Hw
Ronkonkoma, 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