Thinking of Buying a ServiceMaster Company Franchise?
Basics to Consider Before Becoming a ServiceMaster Company Franchisee.
If you're thinking about buying a ServiceMaster Company franchise, there are many things to consider before signing on the dotted line. Becoming a ServiceMaster Company franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a ServiceMaster Company franchisee might be financially rewarding.
Owning a ServiceMaster Company franchise is a serious commitment and works best when you make a thoughtful decision.
Just because you love ServiceMaster Company's products or services doesn't mean that you will be able to successfully operate a ServiceMaster Company franchise. Being emotionally attached to the idea of becoming a ServiceMaster Company franchisee is not a state of mind in which you can effectively evaluate an opportunity. Your positive experience as a customer of ServiceMaster Company should not form the basis for deciding to become a ServiceMaster Company franchisee. As an example, just because you love Big Macs doesn't mean that you should become a McDonald's franchisee.
ServiceMaster Company Due Diligence
You must conduct smart due diligence and determine from a business perspective whether owning a ServiceMaster Company franchise is right for you.
If you truly want own a ServiceMaster Company franchise, get all the information you can from ServiceMaster Company. Talk to ServiceMaster Company franchisees and secure a qualified advisor who has experience helping people like you purchase franchises. You may also want to download a free copy of A Glossary of Franchise Terms to help you.
Make sure that owning a ServiceMaster Company franchise fits in with both your skills and life style objectives. If you don't want to work evening and weekends, don't purchase an ice cream shop. If you're an introvert, don't buy a franchisee that requires you to be extroverted. Click here to download the questions you should ask yourself before considering the purchase of a ServiceMaster Company franchise.
ServiceMaster Company Franchise Disclosure Document
Carefully read the ServiceMaster Company Franchise Disclosure Document (Also known as an FDD). They can be intimidating. Chapter 7 of The Educated Franchisee explains what a Franchise Disclosure Document is and what the terms mean. Visit our FDD Exchange to view sample FDDs. A ServiceMaster Company FDD may be available.
As you are reviewing ServiceMaster Company's Franchise Disclosure Document you will have a number of calls with ServiceMaster Company's franchise team before you will be allowed to call ServiceMaster Company franchisees. Click here to download the questions you should ask the ServiceMaster Company franchise team.
When you are allowed to call ServiceMaster Company franchisees make sure you speak to at least five of them. You will find that most ServiceMaster Company franchisees will be honest and unbiased about ServiceMaster Company. Click here to download the questions you should ask ServiceMaster Company franchisees.
ServiceMaster Company Profit and Loss Statement
Put together an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a ServiceMaster Company franchisee. Reading Chapter 13 of The Educated Franchisee teaches you the secrets of this key step.
The decision making tools in Chapter 15 of The Educated Franchisee and in Step 13 of The Franchisee Workbook show you how to honestly evaluate whether or not buying a ServiceMaster Company franchise is the right move for you.
If you're serious about becoming a ServiceMaster Company franchisee and want to explore owning a ServiceMaster Company franchise, take the best first step you can and grab your copy of The Educated Franchisee today!