Prepare for 2025: What to Know About Franchising with Benjamin Franklin Plumbing
November 25, 2024
As 2025 approaches, many aspiring entrepreneurs are exploring new business opportunities, and franchising remains a popular choice for those seeking the balance of independence with the support of an established brand.
If you’re considering franchising in 2025, here’s what you need to know to prepare for your journey, including details about Benjamin Franklin Plumbing.
What is Franchising?
Franchising is a business model that allows individuals to own and operate a business using an established brand, operational systems, and ongoing support. As a franchise owner, you pay a fee to license the brand and gain access to the franchisor’s resources, training, and expertise. In exchange, you operate your business under the brand’s guidelines, leveraging its name recognition and support infrastructure.
Is the Plumbing Industry Secure?
The plumbing industry is a recession-resistant industry due to the essential nature of plumbing services. From routine maintenance to emergency repairs, plumbing needs continue regardless of economic fluctuations. As remote work and homeownership trends grow, so does the demand for home services, making this a solid industry to invest in for 2025 and beyond.
What is the Investment for a Benjamin Franklin Plumbing Franchise?
The initial investment for a new startup with Benjamin Franklin Plumbing is $129,100 – $270,400. While specific investment numbers may vary based on location and size of the business, we offer various franchise discounts and franchise financing options are available to help make ownership more accessible. It’s important to be financially prepared, so be sure to discuss your options during the franchise discovery process.
Do I Need Prior Plumbing Experience to Franchise?
No, prior plumbing experience is not required to own a Benjamin Franklin Plumbing franchise. While it can be helpful, we provide comprehensive training and ongoing support to ensure you and your team can operate in the plumbing industry. You’ll also have access to our network of franchise owners and a wealth of resources to help navigate any technical challenges.
Do You Work for Yourself or Someone Else as a Franchise Owner?
As a franchise owner, you are in business for yourself, but not by yourself. You own and operate your own business, setting your own goals and managing day-to-day operations. However, you benefit from the structure, support, and guidance of Benjamin Franklin Plumbing’s established business model. This means you have the flexibility and independence of business ownership with the security of a larger support system behind you.
What is the First Step Towards Franchising?
The first step in your franchise journey is a discovery call with our team. During this call, we’ll discuss your background, financial preparedness, and what you’re looking for in a franchise. You’ll also learn more about the investment, available territories, and support systems. No decisions are made during this call – it’s an opportunity for you to ask questions and see if Benjamin Franklin Plumbing is the right fit for you.
What Support is Available for Franchise Owners?
Benjamin Franklin Plumbing provides extensive support to our franchise owners. This includes training through our Sure Start onboarding program, ongoing business coaching from Franchise Business Consultants, and access to industry professionals. Additionally, franchise owners benefit from marketing support, operational tools, and access to BuyMax, our buying group that helps reduce costs for supplies and equipment.
Ready to Learn More?
If you’re thinking about business ownership in 2025, franchising with Benjamin Franklin Plumbing could be the right opportunity for you. From the essential nature of the industry to the support and resources we provide, we’re here to help you in your entrepreneurial journey.
Contact our team today and take the first step toward owning your own business!