Making Money Up on the Roof

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With so many people working crazy hours and handling numerous extracurricular activities on the weekend, most simply don’t have the time (or desire) to spend working on basic household projects, never mind major jobs like repairing or re-roofing. Consequently, if you have the business know how and are willing to put in the work, then you may want to consider a handyman business or purchase an existing roofing franchise. Despite the ups and downs of the real estate market, homes will always need a roof-whether it is an existing roof that needs to be upgraded/repaired or putting a roof on a new home. As a result, roofing franchises are a great investment. It is important to note that although you don’t have to know anything about roofing to own a roofing franchise; it is a good idea to learn about those already in your area. Set up an appointment with them and ask about their business trends. You should also understand what types of jobs a roofing/handyman franchise will provide. Typically the work includes:

* New jobs or re-roofing

* Roof repair

* Cleaning and coating roofs

* Inspections

In addition, once you have purchased a roofing franchise, you will want to stay abreast of the latest trends and industry innovations. This knowledge, and its implementation, will increase your sales giving you an edge over your competitors.

Why you can make money by owning a roofing franchise:

Still not convinced that a roofing franchise is right for you? Consider the following:

* Since new homes, business offices, etc. are always being built, roofers are steadily employed.

* Your hours are flexible unlike many other franchises where you have set hours and days scheduled to work.

* No required stock write offs.

* Cash payments eliminating bad debts

* Roofing can be done year round.

* No competition from outside the United States and the business does not deal with tariffs and trade barriers

As you begin narrowing down your choices, be sure to learn as much as you can about the roofing franchise(s) selected. Questions to ask are:

* How old is the roofing franchise?

* What is their rate of success?

* How many franchises do they presently have?

* How many roofing franchises (if any) have they lost?

* What type of support and training do they offer, especially during the start-up stage?

* How much control does the franchiser have?

Once you have the answers to these questions and any others you may think of, you are ready to make a decision and choose the roofing franchise that is perfect for you. Yes, it will take hard work and many hours at first, but in the long run, it will be worth the time and money invested.

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Source by Janet Slagell