It’s crucial to consider the likelihood of success when launching a cleaning business or buying into a franchise. In general, most startups will fail within the first five years. The top reasons for failure include running out of cash, developing a product or service where there is no need, or losing to a competitor. Though every business has the potential to run out of cash, franchise owners do have help available to manage the funds properly, reducing this risk. There is a high demand for janitorial services, so depending on the location, that may not be a concern. With a franchise, losing to a competitor is a smaller concern, as well, since brand awareness is already developed, and marketing help is available.
Launching a new cleaning business allows you to make money and become the boss instead of working for someone else. Both an independently owned business and a franchise provide this opportunity, so consider what’s right for you. Keep in mind the benefits a franchise can offer, like giving you the opportunity to become a part of something successful from the start and making it easier to get the company up and running. You may have a higher chance of success in the long run. A Refresh Janitorial Systems franchise can help you start a business with lower upfront costs, more opportunities for long-term success, and a supportive and knowledgeable team looking out for you and your business along the way. Contact us today to learn how Refresh can help you become a business owner.