When it comes to becoming an entrepreneur, there are very few ventures which offer a high return on investment. Since the start-ups are cost-intensive and high-risk business models, first-time investors consider buying a franchise which promises earnings from day one.
Among the diverse spectrum of industries, owning a cleaning franchise in Australia is considered a sound business investment for a variety of reasons. The best part about this opportunity is that the commercial cleaning industry is booming in Australia.
The increasing dependency on outsourcing cleaning chores is a major contributor towards this surge, which will continue to move upwards because of the growth of dual income households, time-deficient working couples and ageing homeowners. Let us take a look at the advantages of buying a cleaning franchise in Australia.
Cleaning is a regular need across all kinds of properties including residential, office spaces, hospitality-based buildings, commercial premises and more. The industry is expected to generate staggering revenue of $12 billion in 2018-19. Hiring professionals for cleaning means that people can save a lot of time spent in this laborious activity. It is one service which will be required even in times of cost-cutting and layoffs. If the living or working space is not clean, it will become an unhygienic place attracting pests and germs. Thus this sector is bound to grow for years to come.
Most office and commercial space owners like to sign a long-term contract with the cleaners for continued services. Thus a cleaning franchise keeps getting repeat assignments from its extensive base of loyal customers who act as free-of-cost advertisers for the service. Similarly, people need to clean their houses recurrently, irrespective of the season, and this keeps generating more business.
Unlike other franchise businesses which demand huge investment such as a restaurant or a retail store, a cleaning business does not need much capital for the set-up. The upfront cost is much lower as there is no money being spent on a long-term lease for the office, equipment, fit-out, and stock. Plus, you get complete training and ongoing support from the Head Office along with a franchise manual.
The new owner doesn’t have to spend time and money on developing new procedures and working methods. All the techniques and systems are tried and tested and already in place for execution. It means that you can start operating without wasting any time and can be sure about the results of the cleaning practices adopted by the parent company.
Trust and credibility play a significant role in the cleaning business as the property owners let the cleaners into their homes or offices and allow them to work through the private spaces. At times, the jobs involve cleaning of valuable items such as high-cost upholstery or premium-quality carpets. Thus reputation of the brand helps in building this trust and goodwill which can otherwise take years for a start-up.
With a cleaning franchise, you become your own boss and get the liberty to work according to your will. If you like to take it easy, you can choose to take the weekends off or work for just 4-5 hours in a day. It helps in maintaining the perfect work/life balance which may not be possible with other demanding jobs. You can even take long vacations without hampering work by employing a team of cleaners who can get the job done.
Typically, for getting into a business, the owner is required to have some prior experience in the industry or some educational background to understand the nuances of the trade. However, cleaning is a completely trainable skill which can be carried out by anyone after attending a few sessions of a comprehensive training schedule. The quality check processes ensure that the no mistakes are made and no spaces are left unclean.
Buying a cleaning franchise means that you can secure financing easily from Banks as the chances of failure are far less as compared to other businesses. Thus if you wish to become the master of your financial destiny and want to grow in your career, investing in a cleaning franchise is a safe bet.
Here are some tips and advice from our experts on bond cleaning and related issues which affect people planning to make a move.
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