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Our Low-Risk Franchising Model

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by Thomas Nyte

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11.16.2020

Our low-risk, low-overhead franchising model makes things easier for everyone! If you’re considering starting your own franchise but are intimidated by the effort and financial commitment that may be involved, continue reading to give yourself a sense of how franchising at New Creations can be simple, inexpensive, and above all, rewarding.

Intimidated by the thought of becoming a franchise owner? You’re not alone.

A lot of the work we do at New Creations can seem daunting from the outside. Restorations of anything in your house or car – flooring, siding, furniture, seating, leather, wood, metal, and more – often seem like more money and time than they’re worth. Take, for example, a marble countertop in your kitchen that has sustained years of wear and tear. It has stains and chips everywhere, the sheen is starting to fade away, and, quite honestly, you’re getting tired of looking at it in its current state.

Wouldn’t it be easier and less time consuming to simply replace the entire counter with a less expensive, lower maintenance material? Through New Creations, it’s actually much, much easier for our mobile technicians to come to you and seamlessly restore the countertop to its original state, which will help save you tear-out, installation, cleanup, and disposal costs.

Franchising is no different. From an outsider’s perspective, it seems challenging. It seems time consuming. Above all, it seems expensive. You, like everyone else who’s thinking of starting a franchise – especially during this tumultuous and uncertain period caused by COVID-19 – likely have one major question bouncing around inside your head: what will my overhead costs be?

So, while we can’t promise it’ll be easy, let’s take a look at the ways it’s likely to be less expensive than other ventures.

Franchising

Picture this: you’re considering opening a restaurant franchise. However, the more research you do, the more concerned you become about the fixed overhead costs. There’s rent, for starters, which can be a massive expense on its own. You’ll also need to hire staff, meaning salaries for at least a dozen people, depending on the size of your restaurant. There’s construction/renovations. Furniture. Supplies. Inventory. The list goes on and on and on.

With a restaurant or other retail business endeavour, your break-even point is high, meaning that even if you’re operating at reduced capacity, you’re likely losing money for the first while, at least. Compare that to New Creations low overhead costs:

  • When most of our franchises start out, they’re solo owned and operated, meaning there’s no need to hire staff until your growth can allow for it
  • There’s no storefront or physical location, and therefore no rent – all of our work is mobile and can be done from our trucks
  • Tools and training only account for a small fraction of your overall cost
  • Even if your work is reduced due to COVID-19, your fixed costs (including business licenses, insurance, and bookkeeping) should remain minimal

Becoming a New Creations Franchise Owner

Becoming a New Creations franchise owner is a low-risk opportunity with relatively little overhead. Perhaps more importantly, though, it can become a rewarding, hands on career; a learning experience wherein you’ll pick up new skills and become part of a close-knit community that values teamwork and innovation. You’ll have a flexible schedule, access to cutting edge technology and restoration products, and access to comprehensive in-house education and seminars.

If you’re interested in starting a New Creations franchise and would like more information, click here to download our information package and get more details!

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