Cons of Low Cost Franchise Opportunities in the Cleaning Industry
The first thing many people do when they are looking for low-cost franchise opportunities is to go to a trusted source, such as Forbes, Entrepreneur, or Inc to find their list of the best franchises. Often times, cleaning franchises make up several names on the top of the list. However, does this mean that it is right for your low-cost franchise opportunities? To get a better understanding of this answer, you should understand the pros and cons of this industry.
The Benefits of Cleaning Franchises
The biggest benefit is that people hate to clean, meaning there is plenty of room for profit. Your demographic will be narrowed significantly depending on the franchise you buy as some only work with residential cleaning while others only handle commercial cleaning. There are a few that handle both and if you want to have more opportunity for income then this may be the way you want to go.
Another benefit you will find with these companies is that you will already have people who trust your services. For instance, Jan-Pro is a well known janitorial franchise for business in the same way that Molly Maids is often the first cleaning service thought of for the home. You will find that a great deal of your business comes from those who recognize the name brand.
Drawbacks of Cleaning Franchises
The biggest drawback of a cleaning franchise for some is that it requires cleaning. Even as the owner, there may be times when you need to get your hands dirty and do some cleaning. If this is not something you want to do, then find another industry.
Another major drawback of this is that it is hard to classify the options as low-cost franchise opportunities. There are some that are lower cost, but they are mostly companies that are not as recognizable. Also, the minimum cash required is significantly large, which is why it is hard to think that some of these could fall under the term low-cost franchise opportunities.
The Verdict
If you love cleaning and have plenty of funding, then this is can be an excellent business opportunity for you, especially if you choose one of the better-known companies. However, this is not what most people would consider low-cost franchise opportunities. To find this, consider Splash and Dash Groomerie & Boutique. You will find that the revolutionary business model is designed to make you money. Plus you get to work with animals every day.
