Visio Talk

So you have a successful painting business? What is the next step? should you continue on the same path, or should you expand into a franchise? There are many benefits of franchising. There are, however, some drawbacks as well. Here is a list of the negative aspects of Franchising your painting company.

Cost

The first, and most obvious drawback of a franchise is the cost involved. It isn’t cheap to be associated with a well known name in any industry. Usually the price tag is fairly steep. You must decide if franchising is worth the cost.

Loss of Control

When you franchise your painting company you lose a bit of your control. You no longer have total control over the way you handle your business. Signs, contracts, money handling, and advertising are all possible areas that may have to change.

Loss of Small Business Feel

Once you become a painting franchise, your company will more than likely lose the feel of a small mom and pop operation. You may have taken pride in the fact that you had not yet sold out to a bigger name. Although that bigger name could bring you more cash, it is a price you must pay. A small Yuba City painting company, could turn into a large Five Star Painting company in California.

Franchising is not all daisies and roses. While there are obvious benefits of paint franchising, the drawbacks must be considered as well.

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