If you’ve been thinking about buying a franchise business, you may be wondering what franchise ownership is really like. At times, it can be a challenge to get the full picture of what’s in store for you. This is especially true if you’re new to franchising or the franchise you’re investigating doesn’t seem to be entirely forthcoming. But there are ways to get the information you need to make an informed decision. Not only should you choose a franchise organization that encourages you to research them and ask lots of questions, but it’s also important to learn as much as you can about what to expect before signing on. Let’s take a closer look at what franchise ownership can look like when you choose to join Neighborly’s family of brands.
You Own Your Business
As one of the nation’s top home services franchise companies, franchisees of Neighborly brands are all independent business owners. In every way, you will be the boss of your own small business. That means that you will oversee every aspect of your business, from hiring and training employees to marketing your services to managing your business’s financials. Plus, many franchise owners like the flexibility that owning a business gives them.
Proven Business Model
One of the most important benefits of starting a franchise business is that you won’t need to build your business from scratch. Instead, your franchisor will train you on a proven business model, operations, and other aspects of the business. Then, you just follow the formula they lay out for you. At Neighborly, not only will we guide you through every aspect of how to buy a franchise, we will continue to partner closely with you throughout your franchise ownership journey.
Another valuable advantage of starting a franchise business is the training and support you’ll receive. Neighborly franchise owners can expect high-quality, comprehensive training on owning their new business, including how to use our proprietary software (and much, much more!). We also provide ongoing support for our franchise business owners, both at the corporate level and among fellow franchise owners. In fact, talking to other franchise owners is the best way to know what owning a franchise is really like!
Persistence Pays Off
Growing a successful business takes hard work – and owning a franchise is no different. But one of the best things about a franchise business is that you’ll know how to focus all that effort in ways that will help your business not just survive, but thrive. So many startup businesses fail because their owners don’t know how to allocate their time and energy productively. As a Neighborly franchise owner, you won’t have that problem. You may even be able to see the results of your hard work faster than you thought possible!
Are you ready to learn more about how to start your own franchise business with Neighborly? Start by downloading our new “Recession Planning Your Future” eBook.