Owning a business is a critical part of the American Dream. Having the ability to work for yourself and build wealth that you can pass down to future generations is something that many people aspire to. However, there's a reason why so many workers choose to bite the bullet and become an employee of a major company: owning a business isn't easy. About half of all businesses don't make it past the five-year mark.
If you're a skilled painter who is committed to working for yourself you need to figure out the best way to navigate the waters of entrepreneurship. See why you should seriously consider opening a painting franchise.
Big Box Stores Offer a Lot of Support
Many big box stores have a division that is purely dedicated to helping people improve their houses. This usually includes things like home renovations and painting. While you might not know it, many of the contractors who work in these divisions are actually franchise owners. They have partnered with the store to represent the brand and get paid to take care of the jobs.
This kind of setup is beneficial for several reasons. Firstly, you have immediate access to all of the supplies that you need to get the job done. Franchise owners will usually be able to get an incredible discount on things like paint, brushes, tarps, and so much more. You can go in at any time and pick up everything you need for a work order. This alleviates the need to find suppliers or worry about whether you're going to be able to get wholesale prices for the things you require.
Franchising Comes with a Built-in Brand
It can be incredibly tough to come up with the money to advertise and market your painting business. Although you might have a few clients right now, it's going to require a much larger reach to sustain a business.
When you have a franchise the home office is responsible for all of the marketing campaigns. You get to benefit because the commercials and ads that they post will bring in clients without you having to do it all by yourself.
Starting a franchise is a great way to dip your feet into the waters of business ownership. To learn more and start your new painting business off on the right foot, contact some local services such as Color World House Painting Inc.