If you have ever considered owning a business, you have probably asked yourself the question: should I buy a franchise or start my own business? There are a lot of factors to take into account before starting a business, and it is important to do your research before taking the first step. Part of that research includes weighing the benefits of starting a franchise rather than an independent business.
While there are benefits and drawbacks to both becoming a franchisee and starting your own business, the COVID-19 pandemic has made franchising a more attractive option to potential business owners. Ensuring that you have a steady source of income for your business is always important, but it is difficult to do in a time of economic uncertainty. Despite the devastating effect that COVID-19 has had on the economy, there continues to be an increasing need for essential services during this time, including pest control services like Mosquito Authority. Because of this, becoming a franchisee with an essential company has significant advantages to starting your own business right now.
An article in Forbes magazine weighs the pros and cons of starting a franchise and owning your own business. So, when you are thinking about your future as a business owner, here are some advantages to starting a franchise:
- As a franchisee, you have the support of an established company.
Starting your own business can be daunting, especially in the midst of a pandemic. You want to make sure you have a support system in place as a first-time business owner. Luckily, starting a franchise provides you with the support of a well-established company. Having a network of other franchisees, rather than going it alone, is a huge benefit when it comes to owning a business. At Mosquito Authority, we view all of our franchisees as family and make it a priority to support you in your business journey.
- Starting a franchise means you will have access to a thorough training program.
In order to run a successful business, it is essential that you have the knowledge and confidence to do so. As a franchise owner, your franchisor should provide you with the training necessary to kickstart your business. Proper training is the foundation for any business and its employees, so joining a successful company with a set training program can improve your chances of starting out strong. Mosquito Authority ensures that every franchisee is set up for success by providing hands-on training, one-on-one business coaching, and other training opportunities.
- Franchisees benefit from the franchisor’s reputation.
If you buy a franchise with a well-established company, you already have the benefit of their reputation. During a time when many businesses are failing, starting out with an essential and trusted company could be crucial to your success. Because customers most likely know about the brand and are aware of its reputation, they will have confidence in your business. Whereas starting an independent business requires building a customer base from the ground up, starting a franchise gives you the benefit of a reliable brand. When starting a franchise at Mosquito Authority, business owners benefit from our track record of serving loyal customers all over the country.
If you are ready to start working with Mosquito Authority, contact us today about your franchising opportunities.