1 more crew isn't going to build your Empire
Its a new year --- My guess is you're thinking about expanding by adding more crews... yes? It's a good goal but not the right one. This approach leads to increased headaches, higher costs, and mor...
Forum Discussion
As a full time entrepreneur, I've never been a fan of franchising. Unless you're at scale with multiple locations, it's like being in Vegas. The house always wins! Too many fee's policies and not enough room to be creative.
You're always under the thumb of corporate and that's just no way to grow. And, if the franchise tanks, so does your location. However, franchising works for some people, just not this guy.
Nice! Yep you said it yourself. The house always wins.
that's why I'm saying you need to "BE THE HOUSE"
Franchise your business. Become the house.
Scale with other people's money.
Don't buy a franchise that limits your creativity.
I franchised my window cleaning company and sold 13 locations then turned and sold it to a large platform company.
Franchisors command a 10-25x multiple of the ebitda. A home service company might get 2-3x when they sell.
Franchising isn't for Entrepreneurs. It's for those that want some freedom from being an employee while not taking all the risk entrepreneurs take.
Franchising your business is the most proven way to grow a home service company.
It opens up 35+ new revenue mechanisms.
This is what we do all day every day.
