From the benefits inherent to franchising (like the provision of expert training) to the benefits of working in the drainage industry (like steady and recession-proof demand), here are the five biggest advantages associated with life as the owner of a drainage franchise. By getting to grips with these advantages, you’ll likely understand whether a drainage business is the right fit for you or not.
The UK drainage industry processes over 16 billion litres of wastewater each day [IBISWorld], and is one of the few sectors considered so essential that its work largely went on unimpeded during the height of the COVID-19 pandemic. If you’re interested in becoming a drainage specialist in 2022, keep reading. These advantages should help you make up your mind.
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Why start a drainage franchise in 2022?
If you’re a business-minded person looking to become a franchisee, running a franchise in the drainage industry is a profitable option very much worth your consideration (for all the reasons we’re about to explore and more). If you’re wondering whether you’re suited to running a drainage franchise, ask yourself: Am I a team leader and a strong people manager? Do I thrive in high stakes/time sensitive situations? Am I technically inclined with an eye for detail? If yes, making a career change with a drainage franchise might be the perfect option.
In terms of the current climate in drainage, it stands to reason that 2022 is a great time to invest. Unlike many sectors of industry, drainage has been going strong throughout the pandemic, and though most drainage franchise networks had to adapt their working methods during COVID, they didn’t have to close their doors altogether and lose out on all-important revenue.
What’s great about running a Drain Doctor franchise is that it combines a traditional service industry that will always be in demand with the opportunity to create, develop and grow your own business. All of this with the support and ‘been there, done that’ expertise of Head Office and your fellow business owners.
- Richard Scandrett, Drain Doctor Birmingham North
The 5 biggest advantages of a drainage franchise investment
So, beyond the thriving state of the sector, what are the biggest advantages that come along with running a drainage franchise? Read on, and we’ll explore the five most compelling reasons to consider making the ownership and management of a drainage franchise your next professional endeavour...
1. The availability of low-cost investment options with high returns
Some industries will almost always cost you an arm and a leg to invest in, but drainage isn’t one of them. Starting a drainage franchise isn’t going to initially set you back anywhere near as much as, say, starting a restaurant franchise. Thanks to the van-based, on-the-go nature of most drainage businesses, the associated investment costs and overheads are lower.
Even better - the low-cost initial fee won’t preclude you from making huge amounts of money later down the line. There’s no ceiling to what you can earn as a drainage professional, as you’ll have the room to keep expanding if you want to! Whether you’ve got the capital to launch a full fleet of drainage vans right now or the capital to launch one, there’s space for you (and for your success) in this sector.
2. The endless room for growth and expansion over time
As mentioned when discussing the availability of low-cost investment options, one of the biggest pros of the franchise business model in any industry is the room you’ll have to grow and develop your business over time. Whether you start small or jump into an investment headfirst, you’ll find your franchisor is just as invested in your continued development as you are. From adding to your territory to updating your franchise’s operations with new learnings, to running a drainage business as a franchisee is to care for a constantly-evolving beast.
3. The dynamic, mobile and flexible working life
Just as the mobile nature of a drainage franchise makes it cheaper to run, it might also make it more exciting to run if you’re the kind of person who doesn’t love the idea of being constantly chained to a desk or stuck in an office environment. Drainage franchise owners will usually work on-site for some of their week, and at home (doing administrative tasks and business management tasks) for the rest, affording them more flexibility surrounding their work structure and working hours.
4. The high levels of repeat custom/referral
Finding a drainage provider who can be relied upon to deliver quality every single time is the goal of most businesses/individuals in need of these types of services, and if your franchise can successfully meet this standard (which your franchise very much should be able to, thanks in part to your hard work and in part to the support and assistance of your franchisor support network), you’ll be in luck.
You’ll find most of your clients want you back on a regular basis for maintenance and prevention services, drain surveys, you name it, and you’ll also likely find they’re happy to recommend you to their other industry contacts in need of the same services, knowing they can trust the quality of your provision.
5. The availability of expert franchisor support and training
There’s a reason so many choose to become drainage franchisees rather than entering the drainage industry as a new business and starting from scratch: Drainage franchisees invest, and they are rewarded in return by a comprehensive franchise package, inclusive of hugely valuable training and support. The specifics will differ from franchise business to franchise business, but you can generally expect a programme of initial training followed by ongoing training opportunities, and a menu of support options including set-up and launch assistance, marketing assistance and more.
The franchising model combines both great job security and excellent profitability, so for the right committed and hard-working individuals, running a Metro Rod franchise can be a hugely exciting opportunity. We look after our franchisees with our 100+ team of support staff.
- Metro Rod
>> Read more:
- 5 Tips for Developing Your Employees into Future Franchisees
- Being a Successful Franchisee Means Adopting an Entrepreneur Mindset
- 7 Common Habits of Successful Franchisees
- Mythbusters: Common Misconceptions About What Makes a Successful Franchisee
- Five Tips for Boosting Your Self-Confidence as a Business Owner
- Traits of an entrepreneur
Start running your own business in the drainage industry today
Now that you understand the many different advantages associated with owning a drainage franchise, it’s time to dive more deeply into your available options. From Drain Doctor to Metro Rod, stick around on Point Franchise and continue your research in order to successfully identify the right drainage franchise for you.
Cara Squires, Point Franchise ©