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.
If you are receiving a tax refund this year, think about how the extra capital can help you seize the opportunity to lay the foundation for your future. A commercial cleaning franchise can also provide opportunities for your family by creating the opportunity to establish a growing legacy. At Coverall, we want to provide you with all of the details you need to make that next step!
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 service 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
If you received a tax refund this year, here are two ways a refund can help toward owning a Coverall commercial 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. With start-up fees, 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.
With a commercial cleaning franchise, 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 also have the option to put your tax refund toward materials and supplies you need, such as:
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.
When you contact us, 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. Learn more about Coverall franchise business opportunities or download our franchise cleaning guide!
*Potential franchise business owners will review the Franchise Disclosure Document for all details about Coverall’s cleaning franchise business initial investment costs.