Embarking on a new career is scary when you don't know what lies ahead. Here are the steps you can expect when starting your building inspector franchise.
Stepping into completely unfamiliar territory in franchising is a huge step. That's why Pillar To Post takes measures to ensure that you're not alone, and have a clear idea of what to expect when you open a building inspector franchise. Luckily, with franchising you have the benefit of a sophisticated franchise model, including a solid network of support resources, and once you're up and running, you will enjoy unparalleled flexibility in your new career. Before embarking upon the process, however, it's important to evaluate whether you're a good fit, and take a look at whether you possess the qualities necessary to be successful. When deciding on pursuing a building inspector franchise, here are the four steps you should take into consideration.
Am I a Good Fit?
Working for yourself means having an incredible amount of freedom, but it also means you must take initiative and be self-motivated. Many franchisees find it difficult to adapt to structuring their time when not on a fixed schedule. Keeping yourself on task is integral to the success of your franchise. Equally as important is having excellent communication skills. Developing trust with community members is paramount to generating trust with customers. You will need to be able to regularly communicate instructions, goals, and feedback to clients and employees, which is crucial for building long-term business relationships. Being transparent and maintaining a steady stream of communication will help you cultivate trust and loyalty among clients.
Understand the Franchise Difference
Starting a franchise is very different from starting an independent business. Franchises have the benefit of products and services, branding, infrastructure, and a business model already in place. The market for a franchise's services doesn't need to be established, or built up over time. While you'll still need to attend to marketing and networking, and make sure you forge solid new relationships in your community, the franchise model provides an invaluable framework, and you should be prepared to work within it.
Make the Investment
We've kept our startup fees relatively low, so franchisees don't have to break the bank. The franchise fee is a manageable $21,900, with affordable financing available for $9,000 of the total. If you're a veteran or an existing home inspector, you're in luck, because there's further financing available for you. You should also be aware that we require 7% of your gross revenue as a royalty payment.
Support System
Once you start your building inspector franchise, you will still benefit from continued support from us. We give you all the tools you need to run your business successfully, providing an extensive training program, and a sophisticated, comprehensive marketing plan to help your business grow. We also have a team of 30+ people dedicated to helping you grow the business, including our expert coaches. Each franchisee is assigned a personal business coach, equipped to help you achieve your goals, guide you toward resources, and answer your questions long after your grand opening.
If transitioning to a building inspector franchise sounds like the right move for you, reach out to us to learn more about the process.