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Could You Be The Next Blue Collar Franchise Millionaire?  

Who says the way to a seven-figure net worth is sitting in front of a computer in an office for 40 years? It’s possible to do real, hands-on work while being more than just an average wage-earner, and the key to this success is starting a franchise business. You’ll get all the benefits that come from owning your own company, including the business’ profits, but you’ll still be able to do the kinds of work that you appreciate.

Start small, grow quickly

It is possible to start a franchise with a relatively modest amount of savings. Some service franchise concepts can be purchased for as little as $10,000—$20,000. Now, you won’t be buying a five-star hotel with that kind of money, but that’s not what being a blue-collar franchise millionaire is all about, anyway.

With these types of businesses, you’ll often have the benefit of starting out with low overhead and operational costs, meaning that you can enjoy robust operating margins right from the beginning. You can funnel these profits back into the company in the form of marketing, upgraded equipment, new service initiatives, etc., and build rapid growth.

Enjoy the support of a corporate parent company

Franchise ownership comes with the built-in support of the parent franchise company. Some of the benefits that franchise owners often receive include:

  • National marketing and advertising
  • Process manuals
  • Hiring and training assistance
  • Legal help

For budding blue collar franchise millionaires who don’t have any previous experience owning a business, this kind of support can be integral to success. When you own a franchise business, you don’t have to start completely from scratch and figure everything out on your own.

Stay connected to the customers

Customers trust business owners who are willing to get their hands dirty. That’s because they can see that these types of owners care so much about their company that they are willing to take on any task that will help make the customer happy. It’s a far cry from the typical perception of the owner/CEO who sits at desk all day and tells other people what to do.

As a franchise owner, you have a unique opportunity to prove your dedication to your customers by performing whatever task needs to be done. This deep involvement with the day-to-day realities of the work will help you connect to your target market and create lasting relationships.

Live your obsession

Whether you’re an engineer who builds intricate things or a landscaper whose pathways are always perfectly edged, you’ve probably dreamed of getting to do something you love and make money at the same time. Whatever type of work you engage in, there’s most likely a franchise business that will allow you to do it while being an owner at the same time. For a reasonable investment, you can start a company that has the potential to quickly become profitable and grow, and will make a real impact in the lives of your customers. If you play your cards right, you might even be the next blue collar franchise millionaire!

Next Steps

If you’re considering a franchise investment or just have questions, feel free to contact one of our franchise specialists to learn more about the process and all the different franchise opportunities by completing our request form or calling 1-877-650-5551.

Source: http://www.cnbc.com/blue-collar-millionaires/

Service Franchising

What Makes A Successful Service Franchise Owner?

Many people dream of starting their own business, but not everyone has what it takes to succeed at owning a service franchise. Running your own company takes a diverse set of skills and the ability to respond with composure in myriad situations, but there are some specific traits and factors that will help you take your service franchise business to the next level.

Being self-motivated

If you find it difficult to be motivated to do work without constant reminders or being micromanaged, then owning a service franchise probably isn’t for you. If, however, you are the type of person who thrives on being a self-starter, then there’s a whole new world of work that’s available to you.

It will be hard work, but you’ll be doing it because you believe in it and because you want to share your expertise with your customers, not because a boss told you to be somewhere and do something at a specific time.

Having access to a strong network

One thing that makes being a business owner significantly easier is being able to rely on a network of friends, family, and community leaders when you need assistance. Your network can help you get involved with community events, forge partnerships, and help you out with word-of-mouth marketing in the area.

Also, there are going to be sometimes as a business owner where you just want to talk to somebody about the challenges you’re facing. If you have employees, they won’t really understand the unique demands of your position, and while your friends are always there for you, you might want the advice of someone in your position. Consider joining a local entrepreneurial organization or networking group, so that you can unwind from work occasionally with like-minded peers.

Being unafraid to take risks

Risk is a necessary part of franchise ownership, and it’s what makes the concept of entrepreneurship possible. If you want to succeed, you’re going to have to put yourself out there and trust that with hard work and preparation, everything with pay off in the end.

As a service franchise owner, you won’t have the luxury of falling back on a company full of people when things get tough. The ultimate rewards and consequences of decisions will fall squarely on your shoulders, which is why you have to be willing to take risks for the good of the company.

A desire to do whatever it takes for the company

As a service franchise owner, there’s no such thing as calling in sick. If something needs to get done and one of your employees can’t handle it, it’s up to you to keep everything in working order. Because of this, many people who love to perform real work are drawn to franchise ownership.

These types of people have no qualms about getting their hands dirty whenever necessary, and many of them have special skills that are useful in service businesses. If you’re this type of person and you want to put yourself on the path to becoming a “Blue Collar Millionaire,” then investing in a service franchise may be the perfect fit for you.

Next Steps

If you’re considering a franchise investment or just have questions, feel free to contact one of our franchise specialists to learn more about the process and all the different franchise opportunities by completing our request form or calling 1-877-650-5551.

Cleaning Franchise

What it Takes to be a Housekeeping Franchise Owner

When people think of franchise businesses their minds typically drift towards retail companies and restaurants, but there are incredible opportunities available in the residential service franchise world as well. One of the most popular types of service franchise is housekeeping because you can generally open a company for a reasonable cost, and there aren’t many specialized skills that are necessary. There are numerous benefits to starting a housekeeping franchise business, and you can choose whether to specialize in residential cleaning, commercial cleaning, or both.

Leverage your people management skills

Having excellent people management skills will get you a long way to your goal of growing your housekeeping franchise. If you hope to expand you won’t be able to do all of the physical work yourself, which means your ability to delegate and motivate people will be as important as your knowledge of proper cleaning techniques.

If you have a knack for leading a team and getting the most out of people, then you’re already on your way. These are skills you can easily use to build a sustainable business model that you can scale for the future.

Take advantage of your attention to detail

With a little bit of research, anybody can learn about the various tips and tricks for properly cleaning and maintaining anything. So, aside from managerial acumen, what makes somebody well-suited to run a housekeeping franchise? Without a doubt, it’s attention to detail, which will manifest itself in almost every aspect of the business over time. Whether it’s treating someone’s personal property as you would your own, making sure everything is always int the right place, keeping a perfect schedule, or making sure you always have all of the tools and equipment necessary, attention to detail is one of the most crucial skills for a housekeeping franchise owner to master.

Build customer loyalty

Owning a housekeeping service franchise allows you to establish lasting connections with your clients that reap rewards for both parties. As time goes on, you will learn more about your long-term clients’ specific needs and wishes, so that you can service their homes and businesses more effectively. Meanwhile, you’ll be building a roster of clients that will give you a reliable source of revenue. In fact, the possibilities of building and nurturing value-added relationships are one of the most appealing aspects of owning a service franchise business.

Engage with your local community

As a housekeeping franchise owner, you will be providing a valuable service to the citizens of your community. Almost everyone leads incredibly busy lives these days, and most people don’t have enough time to get to all of the tasks they love to, let alone have time to keep their home or office consistently spotless. Your housekeeping business will be giving people the thing they crave and can never seem to get enough time. Anyone can mop a floor, but your company will be in the unique position of making life tangibly better for your clients.

Next Steps

If you’re considering a franchise investment or just have questions, feel free to contact one of our franchise specialists to learn more about the process and all the different franchise opportunities by completing our request form or calling 1-877-650-5551.