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Advantages and Disadvantages of Franchising: 7 Truths

Owning a franchise can be a great opportunity for the right person. Strategic Franchising believes learning the advantages and disadvantages of franchising will help you determine if it’s the right path for your future.

Our brand, Fresh Coat is a low-investment, recession-resistant franchise option in the booming home services sector.  This industry employs more than 5 million service professionals and generates more than $506 billion in direct spending in the United States alone, and franchise owners are staying busy as Americans complete approximately 511,345,000 home improvement projects each year, or about 16 projects per second.

These trends can cause those with an entrepreneurial spirit to consider starting a new home services business. This idea often leads to a search for franchises, but it can be challenging to know if it’s best to join a franchise system or to go into business completely on your own. 

7 Truths of Franchising
If you are considering becoming a franchise owner, it’s important to understand the truths of franchising: 

  1. Access to Capital
  2. Ability to Expand
  3. Peer Network and Coaches
  4. Flexibility
  5. Alliance & Support
  6. Profit Sharing
  7. Established Systems
     

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About Fresh Coat

Fresh Coat is a nationally recognized residential and commercial painting services company in more than 150 cities from coast to coast. Fresh Coat team members provide top-rated residential and commercial painting and disinfection services for home and business owners.  When it comes to your service, our customers expect nothing but the best—and that's what Fresh Coat delivers. 

To Learn More About Fresh Coat Franchise Opportunities, Click Here.