Franchise Information for Successful Business Ownership
Weed Man is a kind of network of the locally owned as well as operated lawn care professionals that provides environmentally responsible fertilization, weed control as well as the integrated pest management services. For the last 35 years, this company had promised that they will always stay the same. They will also treat up your lawn, just like how they do it on their own and give you an honest as well as open communication.
Weed Man and Des Rice being founded in the year 1970 in Toronto, Ontario. The private company starts franchising for the year 1976 and the locations throughout Canada as well as United States. The master licensee of the Turf Management Systems, Inc. Weed Man has been also franchising in the United States every since 1996. Franchisees may even start with independent locations or convert the existing operations for the Weed Man franchises. On the other hand, if you would like to consider Startup Cost, Financing and Ongoing Fees, then here are some of the things that you have to get a hold of:
· Total investment- it will be $65, 980 up to $82, 940
· Franchise Fee- it is $20,000 up to $33, 750
· Ongoing Royalty Fee- there should be 6%
· Franchise Agreement Terms- it needs to be 10 years, yet renewable.
Financial Requirements:
· Net worth- it has to be $60,000
· Liquid Cash Available- there has to be $30,000
Operations
The Weed Man franchise could actually be run from their home. 5% of their entire franchisees own more than a unit. The number of employees should run the franchised unit of 4-6. On the other hand, the Absentee ownership of the franchise is actually allowed for 100% of the current franchisees are the owners and operators.
You may ask about how this franchise supports the franchisees, well, it would be best for you to consider looking at these sides:
· Training- it is available at the headquarters for about two weeks and when they are at the franchisee’s location, it will be up to 2-4 days. At different locations, it would be about three days.
· Ongoing support- the meetings, newsletter, internet, security and safety procedures, purchasing cooperatives and the field operations and evaluations are things to consider.
· Marketing support- if you would be getting into Weed Man franchise, you truly have to consider the marketing support of the national media.
Taking those things in mind are essential when considering Weed Man Franchise.