Commercial Cleaning Franchises are Growing at a Record Pace
May 24, 2018
The commercial cleaning franchise industry is growing fast.
According to the Small Businesses Development Centre Network, revenue from janitorial services is expected to grow at a rate of 2.1% per annum in the next five years. The growth rate translates to a collective $57.7 billion industry worth. The 2015 SBDCN janitorial report positioned the industry value at $40 billion dollars.
3 Factors That Trigger the Growth of Commercial Cleaning Franchises
1. Easy to start
One can select from a wide array of franchising programs. The nature of a program depends on the size of the business one would like to operate. Typically, the parent company requires franchise owners to pay a down payment, and they can organize a payment plan for the remaining amount.
2. Encourages Flexible Management
Individuals can choose to operate the franchise as a part-time or full-time engagement. There are cases in which franchise owners continue to work on a full-time job while operating the franchise as a side business.
3. Support from the Parent Company
The parent companies offer training, a tested business model, equipment, and supplies to get the franchise going. They also market the brand name, therefore, the franchises benefits from the marketing efforts directly.
For a small-sized franchise, a franchise owner doesn’t have to open an office. The parent company can still handle the operations. In some cases, the parent company offers financial support to help set up an upcoming franchise.
Many entrepreneurs want a piece of the pie in the janitorial service industry. A commercial cleaning franchise offers individuals an opportunity to become their own bosses without having to reinvent the wheel.
