How to Choose a Kitchen Cabinet Franchise: 5 Things to Look For
The remodeling industry has exploded. As the housing market continues to grow and experience white-hot demand, there’s never been a better time to invest in a kitchen cabinet franchise. Cabinets are a necessary element in every kitchen and often serve as both functional and decorative elements. As with other aspects of the remodeling industry, demand for cabinets has been steadily increasing with no signs of stopping.
However, not every kitchen cabinet franchise is created equal. There are a few things you should look for when making your choice. Today, we’re going to break down five of the most important factors to help make your decision easier.
#1: Franchise Brand Reputation
One of the most outstanding features of a franchise can also be its worst trait. Having a ready-made brand can make it easier for you to get customers, but only if that brand is respected. That’s why it’s critical to do your research and understand the true reputation your selected franchise has built in your target market. We recommend looking for a company with years of experience in the industry and a long track record of successfully serving its customers. That way, when you start your business, customers will be much easier to find, and your business will be on its way to success.
#2: Start-Up Costs
The start-up costs of your franchise are another vital consideration in your decision. Different franchises offer different services, meaning different fees and expenses. You must understand how much it will cost to get your franchise business up and running and whether you can afford it. Remember how important reputation is, and determine whether your franchise excels at delivering in-demand services to customers.
If you choose to partner with a franchise with these attributes, you should be able to make up even a high start-up cost pretty quickly. This is the great advantage of going with a franchise over starting your own business. Even if you may be able to start your own business cheaper, breaking into an untapped market is extraordinarily difficult and is one of the driving reasons behind so many failures of small businesses.
#3: What Kind of Support For Franchisees?
Different franchisors offer different levels of support. We recommend looking into the details and seeing if they provide high-quality, consistent training so that all of their franchisees can be successful.
Also, the best franchisors offer ongoing training to ensure that their franchisees are always up-to-date on their industry’s best practices. You should understand whether or not you’ll get marketing support and how much you’ll receive. Even with a good reputation, you’ll still have to advertise your services to the local market. Without support in this, you’ll quickly run into difficulties.
Finally, you should also see if the franchisor creates connections to other franchisees. Buying a franchise is still a new business, and you’re going to have questions. Being able to ask other people with experience in your same franchise can be a golden opportunity to gain knowledge and confidence. This is something the best franchisors facilitate, and it is something to look for when comparing franchise opportunities.
#4: Vendor Relationships
You’ll need access to high-quality vendors and suppliers with a kitchen cabinet franchise. These relationships can be challenging to start on your own. The best franchisors have already built strong, established partnerships with suppliers so that you always know who to call. With the Kitchen Tune-Up franchise opportunity comes a sizable increase in buying power. Purchasing for one business comes with a high price; but buying for many businesses is powerful. As part of the Kitchen Tune-Up franchise system, with over 155 franchisees in nearly 240 territories across the U.S. and Canada, you’ll enjoy some of the best prices in the kitchen cabinet franchise industry. Due to our size, we can negotiate a better pricing for our franchisees.
#5: Protected Territories
This is the last feature on this list that you should be aware of regarding kitchen cabinet franchise companies. Protected territories ensure that another franchisee cannot open their franchise right across the road from yours. A good franchisor maps out geographical boundaries so that no franchisee winds up competing with another. It’s essential to check on whether or not the franchisor you are considering offers protected territories.
Why Choose Kitchen-Tune Up!
Kitchen-Tune Up has been franchising for 33 years and possesses all five points discussed. We are well-positioned to help you start your own kitchen cabinet franchise and support your continued growth. As part of the Home Franchise Concepts (HFC) family of franchise brands in the booming home services industry, HFC has 30 years experience in helping people from all walks of life achieve financial freedom by owning their own business. Right now, the market couldn’t be better for starting a franchise in the remodeling space. If you’re excited about these opportunities, talk to us today!