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Items Tagged with 'independent restoration companies'
Restoration companies are a hot commodity, and eager buyers are on the prowl right now, looking to purchase willing sellers. Why is this happening? Do you want this to happen to you? And if so, what can you do to make yourself more attractive?
Inc. magazine revealed that J.C. Restoration, Inc. is No. 4703 on its annual Inc. 5000 list, a prestigious ranking of the nation’s fastest-growing private companies.
Every year, R&R features articles talking about different trends in the restoration industry. Today, franchises are undoubtedly on the rise – but so is the number of independent companies taking steps to be more independent than ever by not participating in third party program work. In this article, two franchise owners and two independent restoration company owners share their thoughts from their side of the aisle.
With franchises continuing to advance as a player in the restoration industry, it can be difficult for an independent company to flourish, especially if that company is newly established and doesn’t have long-standing relationships with area adjusters, property managers and clients or a sizable marketing budget.
Four industry professionals sounded off about the advantages and disadvantages that they’ve experienced from their decision to either stay independent or go the franchise route.
We certainly don’t mean to reference ole’ Bill Shakespeare here, but what better way to introduce a common dilemma that many cleaning and restoration business owners are weighing every day: franchise or don’t franchise?