What to know about franchising a business?
When starting a new business, you have several options. These can depend on the size of the company, the number of owners, and the risk of the owners. A franchise is a business that gives others or companies the right to sell goods or services under that name. This is done by licensing an individual or other company. Entering a franchise is an alternative to starting a new business. Instead, individuals can participate in businesses that are already successful. To be part of the franchise, new businesses must pay a fee. In return, it joins the franchise and benefits from the use of names, products, training, marketing, and equipment. Buying an already established brand helps reduce the risk of franchisee business failure. There are some important concepts to keep in mind:
A Franchise - the right given by one business to another to sell goods using its name
A Franchisee - a business that agrees to manufacture, distribute or sell branded products under the license of a franchisor
A Franchisor - a business that gives franchisees the right to manufacture, distribute or sell its branded products in return for a fixed sum of money or royalty payment
What are franchise opportunities in cleaning services?
In 2020, the worldwide cleaning services industry was worth USD 57.9 billion. Between 2022 and 2027, the market is predicted to increase at a compound annual growth rate (CAGR) of 6.3 percent, reaching a value of nearly USD 83.6 billion by 2026.
According to market observers, there are over 32,000 commercial cleaning enterprises in Australia, employing approximately 160,300 employees.
The Australian commercial cleaning business is presently worth around $12 billion and is expected to become a major employer in the next years as a result of these rapidly expanding numbers.
In Australia, the cleaning business provides a wide range of services. Residential, commercial, and industrial cleaning are the three main categories. There are many chances to catch up in the Austrailian cleaning area .
Start your business with a cleaning franchise is a best choice ever. Cleaning franchises, in particular, tend to have lower initial franchise fees and investment requirements than franchises in other industries, with relatively low barriers to entry. And it is expected to gain big profit. If you are looking for a good cleaning brand in Australia, please consider its brand recognition and franchise support system.
Why choose Queenbee cleaning franchise?
Why should you choose Queenbee Cleaning Services for franchising?
Reliable Brand ( Since 2015)
Simple and Effective Process
Low Initial Cost
Management Tools and Software
Cleaners Training Provided
Strong Franchising supported