Thanks Elocin, yes i think the outlay could be around what you have mentioned but then DH has also head that he could have the potential to be able to pick and choose hours, work less than he does now and earn quite a bit more. It would be so good if he was able to be there for a kids a bit more.
It sounds like it could be a good change for him . It is worth looking into for sure. I'd suggest looking at how many other similar businesses there are in your area that he might be competing with. Also, have a chat to an accountant, they are great telling you what to look out for and what hidden costs are involved.
Don't forget to factor in the time it takes to market/advertise the business and also the time it takes to complete paperwork and chase up invoices etc. It's probably worth asking the companies you are interesting in how much time you should factor in for admin type stuff.
I don't know anyone who has bought into either of those franchises, but they are both very recognised names. We had friends who bought into a known cleaning/maintenance company and did really well. They went on to bigger and better things after a few years thanks to first buying into that franchise.
A bit different but DH looked into a Jims Fencing franchise a few years ago, went to meetings and got all the info, then decided that going it alone was going to be better. Yes the outlay for business cards, registration, insurance, advertising was expensive but it wasn't anywhere near the amount for buying a franchise(Probably around $5-6K from memory as opposed to 30k - yes the work wasn't guaranteed but he wasn't out of work for one day from when he started advertising) . Word of mouth goes a long way and business and work began the minute the advertising did. I would look into both options, having a point of difference to other locals and then weighing it all up. Good luck! Sounds exciting!! Could he get a leave of absence with no pay from his work for say 6mths as security?? If he has been with them for a long time they might allow him some time???
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