The Advantages of Owning a Handyman Franchise
Many people shy away from starting their own business because of the workload that this entails. However, some people are able to enjoy quite a lot of success with these types of ventures. One type, in particular, which may have benefits that make it worth consideration, is a handyman franchise.
A handyman franchise can offer you all kinds of desirable perks and perks – including benefits like predictable and steady income streams, low barriers to entry into the business, and being part of a larger established company with much-needed support systems in place. There's also the potential for building your own personal team down the road; many franchises are built on exploiting this opportunity by building up teams to work on client jobs simultaneously for efficiency reasons.
And what about the other part of the equation: business opportunities? If you've got a spare room that could use the work, there are handyman franchises that can come in and help you out.
But isn't it difficult to start a small-scale enterprise like this one? Undoubtedly. The good news is, these handyman franchises offer education programs to help you get off on the right foot. They also have business plans and financial aids/assistance designed to help you manage your resources effectively and avoid overwhelming yourself with too many responsibilities at once so that everything runs smoothly, allowing you to concentrate on working with clients and taking care of business side of things.
In many cases, these handyman franchises will also help you create a business website, so that you can build credibility and credibility with prospective clients while they are considering your services. And because they've done all the legwork with regard to finding the right equipment, training and developing marketing strategies, you'll have plenty of time to concentrate on making a name for yourself in your chosen market instead of expending all of your energy in getting up to speed on how to run your business.
The biggest advantage of all might be the fact that it's just so much easier to work for someone else than it is to start from scratch and build a business from the ground floor. If you're the type of person who relishes the idea of having a boss or being accountable to someone, a handyman franchise might just be right for you.
As an added bonus, they can offer you all kinds of perks such as discounts and gifts that their franchisees receive that help keep these franchises profitable and boosts the earnings of all their other franchisees.
Another perk of handyman franchises is that they tend to have very low barriers to entry; in most cases, you don't need any special skills or experience whatsoever in order to get started. However, you should be aware that there are certain basic requirements for certain franchises, such as being able to work safely on your own and having a current drivers license for when you need to travel.
Before you start your handyman franchise, you'll also have to take some courses and programs that are designed specifically for the type of business that you're going into; many of these courses have been designed in cooperation with government agencies and the like. You might even find yourself working alongside or with other business students who are going through said programs in order to make all the study materials more relevant to a general audience.
One of the best perks of handyman franchises is the fact that they tend to be a bit more forgiving than most other types of businesses in that these folks are going to want to work with you no matter what. They want their franchisees to succeed at all costs, so they offer training and development programs that help franchisees build up their skills as quickly and easily as possible.
The bottom line is this: if you're open-minded and like the idea of having a business relationship with someone who can take care of you, then it may well be worth considering how owning a handyman franchise could work out for you. They're not too specialized and they're incredibly flexible, which is a huge benefit for those who are relatively new to the business world or who want to work on their own while keeping in touch with their superiors. They offer a lot of support and have a lot of perks in place to keep things running smoothly and help you get ahead; all you have to do is take the first step.
For another perspective, look at what one franchise owner has to say about his experience owning his handyman franchise:
"I was just thinking about how in so many years as a handyman, I never made much money. After taxes, health insurance premiums, etc., I was lucky if I even cracked five figures annually. But I never thought of working for someone else. When I was offered a franchise, I jumped at the chance, and with the support of AEI and the support of H &R Block, I achieved my goals in less than two years. It was extremely satisfying to earn seven figures each year."
Related Posts:
Franchise Business Opportunity: Handyman Franchises (part 2) – http://www.thefranchisebizopportunity.com/handyman-franchises-part-2/
Franchise Business Opportunity: Handyman Franchises (part 1) – http://www.thefranchisebizopportunity.com/handyman-franchises-part-1/
Franchise Business Opportunity: Handyman Franchises - http://www.thefranchisebizopportunity.com/business-opportunities/handyman-franchises/
Franchises For Sale - http://www.thefranchisebizopportunity.com/franchises-for-sale/
Franchise Business Opportunity: Franchising (part 4) – http://www.thefranchisebizopportunity.com/franchising-part-4/
Franchises For Sale - Part 5 - http://www.thefranchisebizopportunity.com/business-opportunities/franchises-for-sale/business-opportunities-franchises/businesses-for-sale2/wolverine1181045b3dce9dcaafb8c0e091efe6_zps89dbf42a.jpg
Franchises For Sale: Buyers Beware - http://www.thefranchisebizopportunity.com/business-opportunities/buyers-beware/businesses-for-sale1/john_riley1114aabae66221880c627aa5f8d5f5_zps91e01715.jpg
Franchise Business Opportunity: Franchising (Part 3) – http://www.thefranchisebizopportunity.com/franchising-part-3/
The Franchise Business Opportunity – http://www.thefranchisebizopportunity.
Conclusion:
A handyman franchise can be a great way to move into the franchising market without having to shut down any other current business. Can you imagine what it would feel like to keep your existing business running PLUS receive a steady stream of income from your handyman franchise?
It would certainly be better than just starting a new business on your own with no profit prospects. Instead, you could slowly and steadily build a solid business from the ground up that could offer you good long-term benefits and financial security.