BusinessWeek magazine: The most-read source of global business news
New Search

Advanced Search
Top NewsBW MagazineInvestingGlobal BusinessTechnologyInnovationSmall BusinessB-SchoolsCareers BusinessWeek: Top News, BW Magazine, Daily Briefing, Investing, Global Business, Technology, Innovation, Small Business, B-Schools, Careers

Business Tools and Advice

from powered by AllBusiness

Vanguard: Mopping Up the Competition

The master franchise program is ideal for executive-minded individuals with experience managing others.

Michael H. Seid, managing director of franchise advisory firm Michael H. Seid & Associates LLC, isn't a fan of master franchise programs in general. He cites a weakening of brand performance and the economy of the relationship between franchisor and master franchisee as potential problems. However, he concedes that "It can work -- it just depends on how it's being implemented."

In today's troubled economy, Seid believes that it's a good time for franchises that provide companies with the opportunity to outsource services. While businesses try to reduce their headcount and cut down on the benefits they provide, outsourced janitorial services are in even greater demand. And with reasonable startup costs of about $2,500 to $35,000, Vanguard Cleaning is also enjoying more popularity with new franchisees. The increasing difficulty of getting a bank loan makes it harder for potential franchisees to finance brick-and-mortar locations, but the fact that Vanguard Cleaning is home-based means it's easier to afford.

Will Greene

The janitorial services franchise, which caters to commercial clients like schools, offices, restaurants, and gyms, also sets itself apart from other cleaning companies with its dedication to customer service. "We focus on treating everyone fairly and we try to provide a high level of customer service, both to our cleaning customers and franchise owners," says Greene (pictured right).

Cleaning franchises are an especially viable option right now, but potential franchisees still need to do their homework. "Do not shortcut the process by doing it alone," says Seid. Potential franchisees should get professional advice, work with a qualified lawyer, and be sure to learn the ins and outs of franchising first.

See the full list of AllBusiness AllStar Franchises for 2009.
Visit the Vanguard Cleaning Systems profile in our Franchise Directory.

Carrie Brenner is a writer and editor based in Southern California.

Related Articles:

 BW MALL  SPONSORED LINKS
  • Domain Names for Business: Drive Traffic, Revenues  Attract customers and drive revenues: purchase a high-performance business domain and get your site live. Download a free "how to" guide: From Concept to Customer, Winning Web Strategies for Small Business.
  • Phone Systems - Free Quotes  Why deal with just one supplier? Compare business telephone system prices and features: Avaya, Vodavi, Nortel, Vertical, Toshiba &many more. Fill out one simple form and get custom quotes from multiple vendors. Save time and Money with BuyerZone.com.
  • Compare Term Life Insurance Rates  Compare rates from 200+ quality insurers, not just a select few. Competely objective. Absolutely no obligation. No annoying salespeople calling at all hours. Save 30%
  • Merchant Accounts- Accept Credit Cards  Merchant Warehouse can provide your business with everything it needs to accept credit cards. Get the guaranteed lowest prices on credit card terminals and software plus free set up of your account.
  • Custom Printing Service  High Quality Custom Printing, Fast Turnaround, Great Service, 100% Satisfaction Guarantee.
Buy a link now!

Advertising | Special Sections | MarketPlace | Knowledge Centers | Terms of Use | Privacy Notice | Ethics Code | Contact Us
McGraw-Hill Cos.