Running your own franchised business can be incredibly rewarding
. You’re in charge of your schedule, how many hours you work, and who you hire. When you join the right cleaning franchise as a new business owner you can provide for your family, as well as spend valuable time with them. If you’re looking to be more proactive in finding the right franchise for you, follow these initial steps to help you get started.
Step 1: Make a list of what’s important to you
Franchises come in all different formats. Some include brick and mortar storefronts, others offer more of a work from home opportunity. From the very beginning, you should write down your intentions for becoming an independent business owner. Is flexibility
what’s most important for you? Support from your franchisor? Think about what your end goal is before diving in head first.
Step 2: Research franchise opportunities
Spend some time learning about the different franchise opportunities available in your area. What does the current market look like? Research franchisor websites or affiliate sites to find out startup costs, information on the industry and any current competition in the market.
Step 3: Set a business budget
It’s a good idea to set a budget from the start and decide how to track expenses. Include factors like supplies, transportation, staffing, insurance, administrative costs. Decide how you will track expenses, so you can manage your budget efficiently. There are many online and downloadable resources available to help with your business budget. Use resources online to figure out what it costs to open up a franchise.
Step 4: Contact the franchisor
If you’re interested in learning more about a specific cleaning franchise
and the opportunities in your area, contact the franchise brand or attend a no-commitment information session. Coverall offers Discovery Day sessions to anyone interested in franchise opportunities.
Step 5: Attend a franchise presentation
For a more in-depth view
of what it would take to become a franchisor, set up an appointment to view a franchise presentation by your franchise brand of choice. In these presentations you should learn about different package options, steps on how to get started, and the training you will need to complete to start servicing accounts.
Step 6: Narrow down your choices
If you’ve been tracking the pros and cons of the opportunities available, now is a good time to narrow down your search. Does one of the options exceed your budget? Does another feel like the perfect fit? Review your notes and try to picture how your day-to-day differs from each opportunity.
An established franchise
like Coverall already has experience in the industry and a successful business model. You’ll be given the tools and guidance you need to grow your business. If becoming an independent business owner is your dream, contact Coverall today
to learn more.