How to Prepare for Franchise Ownership

Whether you’re a prospective first-time franchisee or you’re an already experienced business owner, preparation in anything you do is key to getting started on the right foot. When you begin your journey The Cleaning Authority, we have an established and proven system that will provide you with the proper tools and techniques to be a successful franchisee. However, before even an initial conversation with our franchise team, there are some things you can do to get yourself prepared for this exciting cleaning franchise opportunity.

Take a Look at Your Finances

Gauging your financial readiness is essential before you sign on the dotted line of your franchise agreement with The Cleaning Authority. Like any monetary investment, your financial history is significant as it gives the franchise brand an idea of how trustworthy you are. According to the International Franchise Association, fiscal statements provide a franchisor with a financial track record and tell a franchisor how well-positioned a prospective franchisee will be for the future. All of this information should be in the Franchise Disclosure Document (FDD) to gauge financial status and strength.

Discuss the Move with Family and Friends

If you have a family or people who will be directly affected by your decision to become a franchise owner with The Cleaning Authority, you should discuss the move with them first. There’s no harm in making your loved ones part of the process. In fact, we encourage full family participation. The more invested you are (with the help of people closest to you), the more successful you’ll be in the long run. Creating a family-oriented and confident atmosphere can help attract new customers to your business, support you in the hiring process and staff member retention, and establish a reputation in your community that you value family. Overall, making your franchise opportunity a family affair will go a long way in long-term and sustained success.

Connect with Current Franchisees

Any reputable franchise brand should encourage you to connect with current franchisees to get a day-in-the-life breakdown and hear about their experiences. This should happen before you sign official and binding agreements to help validate your decision to become a franchisee. The Cleaning Authority enables you to prepare for this life-changing opportunity by connecting you with current franchise owners who love detailing their journey with us and helping you find your footing as well. We call this our discovery process. We set you up with an established owner to discuss financial qualifications, market availability, a timeline, and your training and never-ending support during step two of the discovery phase. Our robust franchise network is full of successful first-time business owners who were in the same position as you: Looking for a way to become financially stable without the risk involved in starting a business from scratch.

Research Available Territories

Even if you live in a particular state, that doesn’t always mean you’ll open and operate your cleaning franchise there. Highly Regarded franchisors should have a map of territories to help you understand where there’s availability for your new business. The Cleaning Authority has a consistently updated territories map so that you can find the best place to set up shop. We will be with you every step of the way, guiding you through this selection process and offering our advice for the best markets that need a cleaning business like yours.

Another great perk about joining our franchise network and researching available areas is that we have multiple paths to ownership. A resale market can be a franchise solution for a prospective entrepreneur who wants to take over an already established business with community support, recognition, and existing customers.

The Cleaning Authority Can Help Potential Franchisees Prepare for Ownership

With our proven system and business model, we have had decades of experience helping prospective franchisees prepare for their opportunity with us. As a result, we are a leading provider of in-home services, allowing aspiring business owners the chance to create the lifestyle they’ve always wanted.

You can contact us online to request information or give our franchise developers a direct call at (888) 718-4534.