Updated: Feb 27, 2019
For those of you itching to get into the mold & bio remediation industry, but don't know quite where to begin, you should consider exploring franchising opportunities. Whether you are an existing business owner or a new entrepreneur, purchasing a mold & bio remediation franchise might be the perfect fit for your business goals. There are a lot of benefits to being a mold remediation franchisee: training & support, tested & proven business strategies and a community of fellow franchisees. If you think joining a franchise might be the right business move for you, it is important to find the right franchising opportunity.
There are countless mold & bio remediation franchising opportunities out there. With so much information available, where do you even begin your search? Here are our quick tips to getting started:
Know what you want
Do your research
Contact the franchisor
Get franchisee references
Schedule site visits
The initial information gathering phase is a key step to finding the right franchise. Let's take a closer look.
Mold & Bio Remediation Franchise Search
Tips To Get Started
Know What You Want
There is a seemingly infinite sea of franchising opportunities out there. Filtering through them can be an overwhelming and time consuming task. That is why, before you blindly start searching, you should sit down and really think about what you want out of a franchise and set your priorities and expectations. This way, you can focus your search and quickly filter out the franchises that are just wrong for your specific wants and needs.
Keep in mind, your list of priorities does not have to be all end all. The franchise search is fluid, your priorities might shift as you learn more, and that is okay. The point of establishing some key initial priorities so you can have a guideline to get started. If these guidelines change as you become more familiar with your options, let them.
Some things to consider:
What industry? Is mold & bio remediation right for you?
How important to you is training & support?
What is your territory of interest?
How much do you have to invest?
What are your expectations from your franchisor?
Do Your Research
Again, there is so much information out there that is readily available at the click of button. This can be good and bad. It is good because you can dig up all kinds of information about a franchise brand- public reputation, client reviews, operating history, etc . It can also be bad because you can get easily distracted, and it can be difficult to determine which one is the right one. So, take your time! Carefully look into your options. When you are ready, pick up the phone and speak to a human.
Contact The Franchisor
You've done your research and narrowed down some potential options that seem to fit your criteria and fit in with what you want and might meet your business expectations, what next? Pick up the phone and call the corporate office to speak to a team member that can provide you with more insight on the franchise concept. Don't be shy about asking questions and get to the bottom of what they are all about. It might be necessary to schedule several conference calls with your potential, future franchisor to get to know each other and discuss all the details about the franchising opportunity.
Keep in mind that it is important that the franchise is right for you, and it is EQUALLY IMPORTANT that you are right for the franchise. What is the mold remediation franchise looking for in franchisees? Do you meet that criteria? Do you WANT to meet that criteria? Does the franchisor's expectations fit in with your business priorities and expectations? These are all questions that you should consider during your discussions with a franchisor. Who knows, you might come to find out that you are completely wrong for each other. This initial course of conference calls between potential franchisee and franchisor is crucial to knowing if this is a right fit for both parties.
Get Franchisee References
All that research means nothing if you can't put it all into perspective. You should make an effort to contact a few (if not more) current and past franchisees to get a first person perspective one what is it really like to be a franchisee. You want as much detail and firsthand information as you can get about what it is like to actually operate this franchise. There is no substitute for the kind of insight you can get from someone who have actually been in your shoes and went through a similar process.
Try to get in touch with existing franchisees who are operating in similar markets with a comparable business structure that you plan to have. Also, consider contacting franchisees that come from a similar background with similar industry and business experience. This way the conversation and insight will be most relevant to your specific situation.
Schedule Site Visits
If you think you found a great franchise concept with seemingly happy and successful franchisees, you should schedule some in-person site visits or face-to-to face meetings. This will help to put all those conversations and concepts into context so you can get a better understanding of what to expect once you are a franchisee. Visiting an active franchise location and seeing a day-in-the-life can provide invaluable information. You should also consider scheduling meetings with current franchise owners and possibly a meeting with your franchisor at the corporate head quarters.