What Is A Franchise?

Are you looking for ways to create multiple income streams with low start-up costs?

Franchising may be your answer. A franchise paves the way for many entrepreneurial minds to build a successful business and allows for flexibility and a well-balanced work-life balance. With a commercial cleaning franchise brand like Select Shield Cleaning, we give you the support you need to start your own successful business. We help pave the way to financial freedom.

Definition of a Franchise

A franchise is a business owned by a sole proprietor or a partnership that grants a franchisee access to a franchisor’s proprietary business knowledge, processes, and trademarks, allowing the franchisee to sell a product or service under the franchisor’s business name and established brand channel. The franchisee usually pays the franchisor an initial start-up fee and an annual licensing fee.

So, you might ask, how does a franchise work? Franchising is about relationship building and leveraging the franchisor’s established business model and brand’s value in high-growth markets like a commercial cleaning franchise. But, most importantly, franchising is about the relationship the franchisor has with its franchisees. It is built on the support of franchisees. It meets its obligations to deliver the products and services to its brands’ standards.

Where Did Franchising Come From?

The franchising concept dates back to the Middle Ages, with noblemen being granted the power to protect territory and collect taxes on behalf of the crown. Around 1602, the Dutch Republic founded the shipping franchise, Dutch East India Company, to conduct exploration and trade between the Cape of Good Hope and the Straits of Magellan. Here we see the beginnings of a legal framework and a new way to create and build new businesses. The Dutch Republic supported franchisees, and in return, they paid royalties back to the Dutch Republic.

There are approximately 76,000 franchised outlets in Canada, and on average, around 4,300 new franchise outlets opened in Canada each year. This presents an attractive business opportunity for franchising a business, especially in the cleaning business.

Benefits of Purchasing a Franchise

There are several benefits of owning and managing a franchise business; franchises typically have a lower failure rate than solo businesses. In addition, when starting your franchise, you have access to an established and successful brand. Our network provides support and advice to give you the advantage to succeed in a high-growth market. Not only are you able to leverage a brand’s network, but you can also reap many benefits that help you expand your business, like:

Why Buy a Select Shield Cleaning Franchise?

Select Shield Cleaning offers high-quality, professional, and reliable commercial cleaning services. In addition, Select Shield Cleaning takes pride in its commitment to around-the-clock customer support. Franchising a business with Select Shield Cleaning will give you the flexibility to operate your business on your terms with a low start-up cost. We will do the rest with a proven successful business model.

Select Shield Cleaning is here to help you achieve your goals of starting your own business on your terms. What you can expect from working with us:

As a dedicated Franchisor, we give our Franchisees unmatched and reliable support and attention every step of the way because your success is our success! To learn more about getting started on your Select Shield Cleaning franchise opportunity, you can submit a request for more information here.