Service Franchises Versus Restaurant Franchises

When most people think of purchasing their own franchise, their thoughts immediately go to the restaurant industry. This is understandable, as some of the biggest players in the franchise business are restaurants- McDonald’s, Taco Bell, Dunkin’ Donuts, the list goes on.

What many people don’t consider are the costs associated with owning a restaurant franchise and therefore don’t recognize how a service franchise like Footprints Floors can provide them with a better opportunity for a better life.

The Cost of Owning a Restaurant Franchise

According to Business Insider, a prospective franchise owner needs at least $750,000 in liquid capital in order to open a McDonald’s or Taco Bell, and those are on the lower end of the spectrum.

To open a KFC, a net worth of at least $1.5 million dollars is necessary.

In addition to these huge investment costs, the royalties and advertising fees of popular restaurant franchises are usually over 10% of monthly revenue – a huge hit to store profits. The zoning and code compliance laws also pose a problem to new Franchise Owners, as it can be very time-consuming to obtain all the necessary permits.

Considering all of these hindrances, some Franchise Owners look for alternative industries to get involved in, and many settle on the service industry. 

Why Get Involved in the Service Industry?

The service industry functions much differently than the restaurant industry in terms of franchising. Here at Footprints Floors, it is much easier to own your own business.

Our required liquid capital is only $45,000 which is over fifteen times less than an average McDonald’s. This opens up the opportunity to many more people to become a Franchise Owner. Our model also offers quick returns, with most Franchise Owners recouping their investment with 3 to 6 months!

In addition, we only charge a 5.5% royalty fee, so YOUR business keeps almost all of the profits. Footprints Floors has outstanding economics, with a 738% sales to investment ratio. So, next time you’re considering opening a franchise, consider a service franchise opportunity like Footprints Floors for your business venture!

For more information on how you can bring a Footprints Floors to your community, fill out the below form or CLICK HERE to get started!

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The Rise of Home-Based Franchises

The Rise of Home-Based Franchises

As 2018 has come to a close and 2019 is beginning, the franchise industry has seen a surge in the popularity of home-based franchises. Over the past decade, nearly 250,000 people, in the UK alone, have started working from their houses. in 2017, this number was 8,000,000 people for the United States. While the UK, overall, has a higher percentage of the overall population working from home, the “work-from-home” trend is expected to continue increasing in both countries.

One of the biggest attractions of owning your own home-based franchise is that they tend to be lower cost, both in terms of initial outlay and then ongoing overheads. Working from home also tends to provide faster, more efficient training and ramp-up times.

For our Franchise Owners, we aim to keep the business simple, straightforward and cost-effective. As a home-based opportunity, we have completely eliminated the need for any type of showroom, decreasing our overhead, logistics, and staffing requirements. This allows our Owners to pass the savings onto their customers, meaning we are competitively priced in any market! In addition, our corporate call center answers all incoming calls and set appointments for our Owners so they can focus on managing their subcontracted crews as they provide excellent customer service to their communities.

To read the full article, CLICK HERE
Interested in owning your own home-based franchise with Footprints Floors? CLICK HERE for more information on franchising!

Footprints Floors 40 Under 40

Footprints Floors 40 Under 40

Footprints Floors is excited to announce that our Founder and CEO, Bryan Park, has recently been named to Hardwood Floors magazine’s exclusive “40 Under 40” list! After attending the Air Force Academy in Colorado Springs, and after serving on active duty, Bryan started installing floors. Crediting his core values of integrity, duty, and leadership, that were only strengthened during his time in the Airforce, Bryan decided to become his own boss and create Footprints Floors in 2008.

Today, Bryan gives back to the professional Wood-Flooring Industry by serving on the National Wood Flooring Association’s Contractor Steering Committee. Bryan also gives back to his local community by donating to programs for disabled veterans, by offering free or discounted materials and services when they’re required, and by building sets for the local children’s theatre production company.

Hardwood Floors magazine is published by the National Wood Flooring Association (NWFA). They offer a variety of reporting that is dedicated to providing information necessary for personal and business success to wood flooring professionals across the supply chain. Every year, they release a list of 40 professionals in the Wood-Flooring Industry who are under the age of 40. These professionals are shaping and molding the future of the Wood-Flooring Industry and are today’s, “movers and shakers who are already setting the pace for tomorrow.”

From Hardwoodfloorsmag.com: We are excited to shine the spotlight on these outstanding men and women whose career accomplishments have moved them to the forefront. Their professional track records have helped to establish them as some of today’s brightest stars – before their 40th birthday.”

We are extremely proud of Bryan and what he’s been able to do with Footprints Floors. Bryan epitomizes everything that is right in the business world and it’s an honor to be mentioned amongst so many other wonderful human beings.

If you’re interested in joining the Footprints Floors family and working alongside an industry leader with a proven business model then please CLICK HERE to be taken to our franchising site for more information.
To see Hardwood Floors Magazine’s entire list of 40 Under 40, please CLICK HERE