When starting a business, every entrepreneur faces a crucial decision: franchise or independent? Either business model can succeed or fail. Sometimes it depends on the type of business, sometimes on the entrepreneur and sometimes on sheer luck.
National Property Inspections and Global Property Inspections have training business owners in the home and commercial property inspection business using our franchise model for nearly 30 years, and the vast majority of our franchise owners have enjoyed great success. We find that in the property inspection industry, our franchise owners are more successful than independent business owners. But why is that? We believe it’s simply because our franchise provides everything an entrepreneur needs to start an inspection business, including training.
If you have a degree or work experience in a field, then you may have the training, experience and business know-how that you’ll need to start your business independently. However, many businesses — such as property inspection — require entrepreneurs to obtain further training, especially in states or provinces that require licensing, certification or registration.
If you are ready for a change of careers, then working with a franchisor — who will provide the necessary tools, training and guidance — may be a better option. Likewise if you want to start your own business but don’t have much business experience. Starting a business can be scary. Working with a franchisor can help alleviate some of the unknowns when you start your business and give you an edge for success.
If you are interested in receiving more information about NPI or GPI, please contact Julie Erickson, director of franchise sales, at firstname.lastname@example.org.