The economy has been suffering for quite some time. The stock market is low, unemployment is up, and recession is a reality. The world is going through a really rough time, and it will be this way for a while until everything balances out. Because of the current economy, purchasing franchises has become extremely popular, and one of the most stable franchises to buy into is a gardening franchise.
Buying a gardening franchise involves more than just growing plants. You will need to understand the terms associated with your contract, and what you will need to do to become successful. So what ten steps should you follow for buying your future financial freedom in a gardening franchise?
Step 1 – Evaluate Your Financing Options
By evaluating your options for financing your franchise, you will know exactly how large of a business you will be able to start. Most gardening franchises will cost between $10,000 and $20,000.
Step 2 – Research Your Options
It is extremely important that you research each gardening franchise option that you have. The history of the name will be associated with all of your hard work. Make sure you are building the right kind of relationship.
Step 3 – Work with an Attorney Qualified in Franchises
Franchise law is very specialized. They will be able to teach you what to expect, review all documents, and help you understand the terms you are agreeing to. They will also help you to get a business license, and ensure that you are following all state and local laws.
Step 4 – Meet with the Company
When you have decided on a franchise, you and your attorney should meet with company leaders to clarify details, set everything in stone, and sign all paperwork involved in operating under their name.
Step 5 – Prepare Your Business Plan
Once you understand the terms of the franchise you are buying into, you will want to create a business plan. This will outline the exact steps you will follow to become successful financially and personally. Make sure it outlines exactly how you plan to benefit from your investment.
Step 6 – Find Your Land
For your Lawn Mowing Franchise Opportunities, you will need land to grow your plants. Check your contract to find out if your land needs to be a certain size. If it is not outlined, decide how much land you can afford, and where you want it to be.
Step 7 – Test the Soil and Water at Prospective Locations
Your future business depends on the quality and purity of the soil and clarity of the water. Make sure the land is not high in contaminants before setting your mind on a location. Choose a location that is as untouched as possible.
Step 8 – Prepare Your Land
Once you buy the land, you will want to fertilize, organize, and irrigate your land. You need to add storage buildings and build your plant care products for at least one season of growing.
Step 9 – Follow Franchise Regulations and Your Business Plan to Prepare
You will want to prepare for your first season early. Since the land is new to you, it is important to learn the ins and outs of it. You never can guess what problems you will run into with a new piece of land, and you do not want these problems to hold you back.
Step 10 – Hit the Ground Running
Since this business is new to you, you will need to invest as much time and energy as possible. This will ensure the success of your new business.
Since gardening is typically considered a Lawn Mowing Franchise for Sale business, you may want to consider adding a greenhouse to your property. This will ensure that you have income all-year-round, and you do not run into financial pitfalls in the off-season. Food and flowers are in high demand all year, so you will want to take advantage of the time when most people take time off.