The popularity of franchising is growing among plumbing contractors who are looking to take their businesses to the next level during difficult economic times.
One of the most compelling reasons is that, in a franchise operation, the franchisor provides business expertise that otherwise would not be available. This business expertise includes established systems, marketing and advertising plans, management guidance, administrative support and training.
However, plumbing contractors interested in franchising still need to research which franchises are the best fit for them.
“People need to do their homework,†says Judy Howard, director of franchise relations for American Leak Detection, based in Palm Springs, Calif. “They have to realize that just because they’re buying a franchise, it’s not going to be easy. They’re going to have to put in the work. It does take time and it does take effort, but at the same time, there’s the satisfaction of growing your own business.â€