#survice

You want to be your own boss; you are sick of working for someone else and just barely getting by; you get paid the same every week no matter how hard you work.

Or maybe you fear that you could lose your job at any time?

Perhaps you feel like it’s time to make a change and take control of your future.

There is one major problem: you don’t have a lot of money to invest in a business. You are in a position where you need to get a positive income quickly. You do have to feed yourself and/or your family, there are bills to pay each week, and you just can’t wait months to get money coming in the door said Robert James and James Home Services.

Is a Service Business Franchise Right for You?

So, you believe a “service” business is the best match for you and your family—it’s relatively low-risk and offers positive cash flow reasonably quickly.

And with that, you decide to investigate the service franchise systems that are available in your marketplace. Many have proven systems, are well-known brand names, and have been around for over 25 years. They certainly should be able to fast track the growth of your business. They should have the ability to market your business, grow your customer base, and even educate you on how to be a successful business owner.

Their systems have stood the test of time and you should be able to take advantage of that.

In most cases, the franchisors know what it takes to make your business work and, just as importantly, what will make your business fail.

A good franchisor has years of experience in their business, great documented systems, a proven record as a franchisor, a strong support structure, and solid plans for future growth. Becoming a franchisee in one of these networks may be a perfect fit for you said Robert James and James Home Services.

The Only Problem is …

There is still one very big problem: you will need between $25,000 and $50,000 to invest in a quality system.

Some franchisors offer what’s called “vendor financing.” This is when the franchisor loans the business owner the money to purchase into their franchise. These are a very dangerous trap for franchisees. You can find yourself relying on the franchisor to supply you with work, while at the same time owing them huge repayments. This is a recipe for disaster, and I recommend steering clear of these situations.

The ideal situation would be the best of both worlds

a)  Have access to the knowledge and systems of the proven franchise network

b)  The freedom of the independent service business.

That is exactly my book can give you.

You can learn the trade secrets of a national service franchise directly from the founder of James Home Services.

I personally turned my one-man band car cleaning business into a national network of over 400 franchisees. We were servicing approximately $20 million in home services each year. That is a lot of clean houses, mowed lawns, washed dogs, and detailed cars; and it all started with just one car client.

Over the course of 20 years, we helped more than 2000 families launch and sustain successful home service businesses. Our franchisees operated across many different services. These secrets have a proven track record that is second to none. If you follow these steps and develop them to suit your “service of choice” they will work.

What Do You Really Want?

The next challenge is deciding what you really want from your business. This can be very difficult at this stage and may seem too tough to answer because of all the uncertainty that surrounds the possible outcomes of your new venture. Believe me, I get it!

When we started a new franchisee, this was one of the first coaching questions we would ask. Understandably, many found this goal setting quite difficult. If setting specific goals is a new experience it can be quite unnerving. But, it is vital to the success of your business no matter the field.

“You get what you plan to get. If you plan nothing then that is

what you will get, nothing.”

I recommend you look at this on three levels:

The Long-term final finished business goals (5 to 10 years).

The Mid-range goals (1 to 2 years).

The NOW goals (1 month to 1 year).

The Long-Term Plan

What does your long-term, final, finished business look like? In the “big” picture give yourself the opportunity to dream big. Given the time and motivation, these principles will take your business to any level you choose.

I should also say that these are your goals and it is totally up to you what you want your business to look like. It doesn’t matter if you plan to build a national home services network or a weekend business that can help fund your semi- retirement.

Document your personal goals and the business goals. Address your financial targets as well as your personal targets.

The Mid-Range Plan

These goals are the signs that you are heading in the right direction. These may be your first “reward” goals.

Perhaps a holiday you’ve always dreamed of, a new car, or the deposit for your new home. They might be business growth goals such as new employees, or personal goals like picking up your kids from school every day. Give yourself clear targets and outcomes so you know when you have hit the mark.

The NOW Plan

What do you have to do right now? This plan is all about survival. If you don’t survive until the 12-month mark, everything else is irrelevant. It is very true that you must have money to pay the bills, feed yourself, and to just get by.

We are starting this business understanding that you are on a limited budget and need a positive income quickly. You do need a “NOW Plan” and you need it right now.

The “Now Plan” may not be as inspiring as the Mid-Range and Finished Business goals. But they can be even more motivating. The fear of failure can certainly give you motivation to get yourself going.

The first thing you need in your NOW Plan is your break-even point. How much income do you need to be in a neutral cash flow position? How much turnover will be needed so you can hold your current position?

Reaching the break-even point as quickly as possible is vital. That will give you the time needed to develop your business and your own skill.

If You Survive You Can Learn to Thrive

The principles you will learn in this book will give you the tools to build an extraordinary home services business. Take the first step and decide what you want from your business. Everyone has different goals and will design their own interpretation of the home service business model said Robert James and James Home Services.

Every one of our 400 franchisees had exactly the same business system that we helped put in place. But, each one built a different business that reflected their own personal needs and achievements.

The Gold:

A service business is a great business to start if don’t have a lot of money to invest in a business. You need to get a positive income quickly.

You can learn the trade secrets of a national service franchise directly from the founder of James Home Services.

Decide what you really want from your business.

You get what you plan to get. If you plan nothing then that is what your will get, nothing.

If you survive you can learn to thrive.

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