Franchise Fundamentals Minnesota

Buying a franchise has many benefits. A franchisor provides a sophisticated analysis of the market for their product or service, proven systems, peer and company support, buying power, and upped resale value.

Local Companies

DeMaric Consulting Group
952-884-2921
50 W 93rd St
Bloomington, MN
PPG Aerospace
(651) 681-2072
580 Yankee Doodle Rd., Ste. 100
Eagan, MN
YMR Management Solutions
952-401-8870
450 Lakeview Ave.
Minneapolis, MN
Analogical Solutions, Inc.
612 396 9094
762 Pleasant St
Excelsior, MN
Accenture
(612) 277-0000
333 South Seventh St.
Minneapolis, MN
MDA Leadership Consulting
(612) 332-8182
150 South Fifth St., Ste. 3300
Minneapolis, MN
Roselle Leadership Strategies, Inc
(612) 605-6121
100 South Fifth St., Ste. 1900
Minneapolis, MN
Wamser Associates
(612) 813-1695
216 Groveland Ave
Minneapolis, MN
T. D. Nelson
612 751 1024
617 Jefferson St. NE
Minneapolis, MN
The Prouty Project
(952) 942-2922
6385 Old Shady Oak Rd., Ste. 260
Minneapolis, MN

Provided By:

Source: REMODELING Magazine
Publication date: March 1, 2005

By Nina Patel

A residential construction-related franchise can be a great investment — for the right firm or manager. However, the price remodelers have to pay is more than just the purchase cost — it includes significant capital to buy the territory and set up the franchise as well as payment of royalties over the duration of the partnership.

But even more of a concern for remodelers is the loss of autonomy over their business. Remodelers who enter a franchise agreement must be willing to restrain the self-reliant entrepreneurial spirit they called on to start up and run their company.

Some franchisors compare the process of finding, evaluating, and joining a franchise to the process of dating, engagement, and marriage — with the franchise contract as a pre-nuptial agreement that spells out the responsibilities of both parties.

Indeed, the back and forth can be both fun and frightening, and the future not always clear. Fortunately, there are questions to ask and answer and processes to follow to make finding “the one” all the more successful.

Why Buy?

Buying a franchise has many benefits. A franchisor provides a sophisticated analysis of the market for their product or service, proven systems, peer and company support, buying power, and upped resale value.

Click here to read full article from Replacement Contractor

Featured Local Company

DeMaric Consulting Group

952-884-2921
50 W 93rd St
Bloomington, MN

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