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Is a water damage restoration franchise worth it?
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- čas přidán 29. 05. 2024
- In today's video we will explore the decision-making process of buying a franchise versus starting your own business from scratch. 🤔
What you'll learn:
🔎 Key reasons why people choose to invest in franchises and the common regrets they face.
💡 Insight into the level of support franchises offer, especially in operations
😖 The common struggles with sales and marketing
✅ ❌ The pros and cons of owning a franchise
🏷️ The reality of brand recognition and why having a well-known name doesn't always guarantee success.
💰 Profit margins of franchises, with examples like ServPro, which averages 15-20%, or $150-200k in revenue. 💰📊
Why do some entrepreneurs prefer the independence of running their own business? What's my personal advice on what I would do if I were starting all over again? We'll discuss it all!
Want me to help you grow your restoration company?
Go to www.WorkWithShane.com Fill out the form and let's get on a call!
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-- Do you own a restoration company? --
You NEED to see our legal document package. You can see all the contracts and documents we use to run our restoration company here
- www.RestorationContracts.com
Ever wonder if you are leaving money on the table when you are invoicing your jobs? I bet you are! Use our invoice checklist to make sure that you pick up every dollar that you deserve.
- www.InvoiceChecklist.com
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Video hashtags: #xactimate #shaneodazier #insurancerestoration
Hey I really enjoy your content. I own a franchise and let me tell you it is it the way it used to be back in the day. It used to be easy to get into a franchise but not anymore. They are very selective of who they let in and the fees will kill you.
I would highly recommend anyone wanting to get into the business to go independent because you will keep way I mean way more money in your pocket.
I have been in the franchise system for over 6 years and we have made money but I have paid a lot more in the fees and royalties than you think.
You do not own your business you are a glorified employee of the franchise system. You have to do what they say when they say and pay what they say too.
I’m in the process of selling my franchise and will be going independent.
Keep the great content coming.
Port Huron, Michigan.
San Diego, Ca
Portland
Which video did you talk about working around 1099’s for plumbers
New Jersey!