In the business of helping
BUSINESS
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by Jerry Rieder
f you are customer- and service-oriented, you can go far establishing a successful business. A business service franchise may be a great option as they typically require a relatively low—under $100K— investment and encompass a wide range of service offerings. These services—everything from janitorial to marketing to printing and copying—can be purchased by prospective clients at less expense, and they’re often executed with higher quality through outsourcing than paying for them internally. One reason to consider a service-based franchise is that when you start a business, one of the most challenging tasks is the creation of an effective business plan. Business service franchisors offer business models with proven track records, and many provide franchisees with a high level of support to help ensure mutual success. Having a successful, proven method for
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FranchiseDictionaryMagazine.com
growing a franchise helps ensure the franchisor’s brand remains strong. The relationship between a franchisee and a franchisor is a strategic partnership, and it's through this partnership that a solid business model providing quality services grows a franchise. Another key advantage of this type of franchise is that most service-based franchisors allow their franchisees to operate from home-based offices in the beginning, then once the operation grows considerably, they can expand into their own offices. This significantly reduces initial operating costs and overhead, when revenue is typically low. In general, business services franchises are a win-win situation for the franchisee, the franchisor, and the clients they serve. Considering a business services franchise? Here, we list three high-growth, in-demand categories—and a few well known franchises within them.
