Sometimes you have the idea, the drive, and the smarts to tackle your career goals, but the costs present a hurdle. But other times, opportunity comes knocking. Whether you’ve recently lost a job or you just know it’s time to go after what you really want, starting a franchise business
might be more attainable than you thought. It’s a great time because demand for commercial cleaning services is only increasing.
Are you getting a tax refund this year? If so, think about how to seize this opportunity to lay the foundation for your future. If you’re ready for franchise business ownership, read on to learn how to use your tax refund to purchase a cleaning franchise opportunity with Coverall.
What are the Costs of Starting a Franchise Business?
When looking at the different types of franchise businesses available, you will learn that a commercial cleaning or janitorial business is among the more affordable options. You can get going with relatively low startup costs. You also avoid the overhead costs of a brick-and-mortar location. However, it could take a financial boost to get started. Your tax refund might make start-up costs more manageable.
Two Ways to Make the Most of Your Tax Refund for Staring a Commercial Cleaning Franchise
Keep in mind, exact costs will vary according to the size of your franchise and business plan*. On the plus side, you get the freedom and flexibility to run a business that’s the size you want and to grow at your own pace.
If you received a tax refund this year, here are two ways it can help toward owning a Coverall cleaning franchise.
1. Cover your down payment for your business
When you enter into an agreement with a franchisor, you will need initial franchise startup fees that cover training, marketing and brand name rights
that the franchisor provides. You get the benefit of the company’s name recognition and reputation. By contrast, if you were starting a small business from scratch, you would have to make a name for yourself from the ground up. By investing in a franchise business, you make the smart choice to start a step ahead.
You can choose to work out of your home. While this option usually incurs little to no cost, you might want to spend a few dollars on setting up your workspace so that you feel confident and ready to get down to business.
2. Purchase your startup kit and materials
To manage your commercial cleaning business, you will need quality equipment and supplies. Coverall’s franchise business owners provide a thorough clean that helps to reduce germs by using specific tools like HEPA Filtration vacuums and microfiber cloths. Training to use this equipment in Coverall’s cleaning protocols and Core 4® Process will give you an edge in the commercial cleaning industry and allow you to stand out from the competition.
After becoming a Coverall franchised business owner and completing the initial training, you might choose to put your tax refund toward materials and supplies you need, such as:
When you get in touch with a Coverall representative, we can help you find answers to questions you might have about other potential expenses for things like business registration and formation and insurance for your business*.
Start Financing Your Cleaning Franchise Today
Coverall offers in-house financing options and will work with you to find the best way to afford the costs of starting a franchise commercial cleaning business. This opportunity has helped numerous people start their own businesses. We have many stories of Coverall franchise business owners who feel proud and fulfilled that they took the leap and started their own business. No experience is needed, Coverall will provide you with training and support all along your journey of franchise business ownership.
*Please review the Franchise Disclosure Document for all details about Coverall’s cleaning franchise business initial investment costs.