MaidPro
Description:
The MaidPro house cleaning franchise offers you the advantages of rapid growth, low start-up costs, manageable hours and recurring revenue.
Opportunities:
Franchises available throughout the US and internationally in many countries.
Business Type:
Franchise.
Minimum Investment:
$100,000.
Financing Assistance:
Yes, through a third party.
Training Provided:
Yes.
SBA-Approved:
Yes.
Why Open A Franchise In A Bad Economy? The Answer Is A Successful Business
January 14, 2009
Experts say that there are many reasons for taking the leap of faith and opening your own business in a bad economy.
Why fumble around in the dark when you can have a successful business plan handed to you?
The pros are outweighing the cons of buying a franchise, especially when the country is in a financial mess. A solution to the mess is the growing, recession-proof, home cleaning industry. The industry is appealing to many because work is limited to regular business hours, unlike restaurant or retail industries. Another alluring factor is the recurring revenue of the home cleaning industry. The U.S. Department of Labor predicts that the industry will rise above 10.7 billion dollars by 2009.
Two men who know first-hand about opening a residential cleaning business in a less than adequate economic situation are Richard Sparacio and Mark Kushinsky, founders of MaidPro. Founded in a recession, MaidPro is a Boston-based franchisor of housecleaning services with more than 100 offices in 27 states, in addition to the District of Columbia. The company, which began franchising in 1997, takes pride in its strong owner community, cutting-edge technology and creative marketing.
Americans try to stretch the dollar in a recession and the residential cleaning industry offers many ways to do that. Software at MaidPro is unique to the company as it was developed by and for MaidPro. This includes Green Routing, which is a certification that recognizes service industry companies for optimizing their routing and scheduling of visits to reduce their emissions, carbon footprint and gas bill. Training at MaidPro is specific and all encompassing. It consists of four to six weeks of at-home training and then one full week of on-site training. The call center is a great resource for owners and is continually trying to grow and develop their business.
A franchisee can take advantage of any one of these things when they buy into a franchise, therefore establishing a network of trust falls. Although MaidPro has a number of resources and people ready to help run the business, they do not require any home office purchases, such as uniforms and marketing materials, again saving the franchisee money.
When a potential owner is interested in MaidPro, they go to Chuck Lynch and Brian Moyer, who make up the New Franchise Development team. “We look for partners with financial stability,” says Lynch, “there’s a large push for people to rollover their 401K and work with it by putting it into a new business.” Instead of watching a depleting 401K account, franchisees choose to invest what they have left and are in control of that investment. The beauty of MaidPro is that they hand-pick franchise partners that have a similar business philosophy to ensure a good partnership.
When asked, “What’s the best thing about MaidPro with regard to an economic crisis?” Moyer replied, “Everything that makes this business special and successful when the economy is booming, are the same things that make this business special and successful when the economy is in a downturn.” This industry is a proven money-making and business-expanding venture in a tough economy, but potential owners are not looking for that. They are looking for stability within a business and that’s exactly what the home cleaning industry brings.
MaidPro has been honored with the Franchise Business Review's Four-Star Rating and Franchise 50 awards in 2006, 2007 and 2008 for owner satisfaction. MaidPro was named one of the Top 50 Franchises for Minorities by USA Today’s Franchising Today. MaidPro is also a proud member of the International Franchise Association and the New England Franchise Association.
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