Should You Buy Into a Cleaning Franchise ?
When considering a cleaning business, many individuals ponder whether they should buy into a franchise or open their business from scratch.
The truth is that there are advantages and drawbacks to each of these options.
If you go with a franchise, many of the details are taken care of for you. For example, you will likely be provided with a ready-made outline for your business plan.
This plan will typically outline exactly how the business should be set up, how it should operate, and how the employees (if you have any) should ideally be trained.
In fact, in many instances, a representative from the home office of the franchisor may even come to your location and provide the employee training.
If your cleaning company works out of a retail location, then it is not uncommon for the franchisor to choose the site for you.
Oftentimes, franchised companies will have a team of real estate experts who study traffic patterns in various locations in order to determine in detail the very best spot for their retail stores.
When first starting your cleaning business operations typically are run from the owner’s home. If this is the case, you will not need to worry about choosing a location.
Your franchisor will, however, recommend the type of equipment that you purchase and use, as well as how you promote and market the business.
Another big benefit to buying into a franchise is the name recognition that you will get. Many franchises have well known names that are easily recognized by your potential customers.
This helps a great deal when you run promotions, as you don’t have to “sell” your customers on the company as much as you would a “no name” company.
Yet, while there are a number of nice benefits to working with a franchise, there are also a few drawbacks – starting with the cost.
Oftentimes, you will be required to come up with a sizeable down payment. A part of this is for the privilege of using the company’s brand name, while another part is for the purpose of the training and support that is provided.
In addition, you also lose a fair amount of control and autonomy when you are part of a franchise.
So, although you are technically running your own business, you still must run many things the way that the franchise deems that you do.
Therefore, prior to deciding whether a franchise is best for you, it will be essential to weigh all of the pros and cons of this model against running your own business, and then determine which option will ultimately be the best one for you and your business goals.
Taking the Next Step to Profiting with Your Cleaning Business
Starting a cleaning business can take some work – but it can be well worth the effort when the profits start coming in.
If you want to start you own cleaning business, it is good to ensure that you have all of the proper tools in place prior to moving forward.
If you’re unsure of how to start a carpet cleaning business, there are a number of good resources that are available to you.
First, your local Chamber of Commerce can assist you with many questions that you may have about starting a business in your local area.
The information they provide can help you with the licenses and permits that you need, as well as the tax rate that you must charge customers in your specific jurisdiction.
You can also turn to the Small Business Administration (SBA).
Here you can obtain a great deal of information about starting a business in general, along with resources on any type of financing that your company may need for obtaining equipment and supplies.
When starting your own cleaning business, there are a number of ways that you can profit. While many businesses focus on just one or two specific areas, it can be quite beneficial to branch out into other areas that are related to your core service.
This can help you to expand your customer base, while at the same time, increase your net profit from your existing clients.
While today’s economy may be volatile, there are still a number of highly lucrative business opportunities available – and starting a cleaning service can certainly be placed at the top of the list for being one of those.