While the franchising model might appeal for a Christmas light installation business, it really doesn’t suit everyone. So how can you find out before you buy if being a franchisee is right for you? Investing in a franchise only to find it wasn’t the right choice for you is an expensive, frustrating and dispiriting experience. Here are seven simple pointers that indicate an alternative path to reaching your goals could provide a more comfortable journey. Below are some reasons why you shouldn’t franchise a Christmas light installation business.
1. High start-up costs.
Before opening your franchise, you may be required to pay a non-refundable initial franchise fee, anywhere from several thousand to several hundred thousand dollars. In addition you’ll have to pay a lot to furnish your franchise with the necessary inventory and equipment. It can easily take several years to recoup all these expenses.
Are you willing to put your house on the line to purchase a franchise? Are you realistic about the money it takes to build a business? A franchise is not a guaranteed success; there are risks in any venture, and there is the possibility that you may lose your investment.
2. Lack of legal recourse.
As a franchisee, you have little legal recourse if you’re wronged by the franchisor. Most franchisors make franchisees sign agreements waiving their rights under federal and state law, and in some cases allowing the franchisor to choose where and under what law any dispute would be litigated. Shamefully, the Federal Trade Commission (FTC) investigates only a small minority of the franchise-related complaints it receives.
3. Limited independence.
When you buy a franchise, you’re not just buying the right to use the franchisor’s name, you’re buying its business plan as well. Most franchisors impose price, appearance, and design standards, limiting the ways you can operate the franchise. While these standards can help promote uniformity, they can also stifle your creativity and ability to cater to local tastes or needs.
4. Royalty payments.
Most franchisees must make royalty payments to the franchisor each month based on a percentage of sales, eating into the franchisee’s net profits.
HOW WE HANG CHRISTMAS LIGHTS IS DIFFERENT
If you want to learn how to do something really well, learn from people who have successfully done what you are trying to do. We Hang Christmas Lights is NOT a franchise!!! Through over 21 years of trial and error, continuing education in the industry and on-going research we have the knowledge necessary help you start, manage, and grow an extremely successful Christmas lighting business.
- We offer discounts on products but you are welcome to buy from anywhere you wish.
- We DO NOT charge fees for every job you do.
- You have the freedom to make your own business decisions.
We Hang Christmas Lights has a licensee program that offers dedicated zip codes with all leads forwarded directly to you, Christmas light installation training to make sure you know exactly what you’re doing, an amazing Christmas light sales and marketing program, and most importantly ON-GOING SUPPORT.
If you’re an aspiring entrepreneur ready to take that first step towards self employment, or an experienced business owner who would like to turn your slow season into the most profitable time of the year, WeHangChristmasLights.com is ready to give you the knowledge, training and continued support that will ensure your SUCCESS in this booming industry.
Fill out the application below to get started and call us with any questions 951-541-4482.