Running a maid service franchise is a very profitable venture for everyone looking to start a business which they can run from the ease of their homes and make a stable living. The demands of maid services have been increasing manifolds ever since the concept of home makers has become old and obsolete. The average household has a great need for a maid service to do the cleaning. There is a market for all maid service businesses, and it is a big one for sure.
Starting your own maid service business can mean taking a risk. For this reason, buying a franchise from a renowned maid service brand name saves you the risk of shutting down your business within a year of starting it. Another benefit of opting for a franchise is that the companies usually support you financially through advertising, marketing, as well as, in recruiting staff. Franchising is the best kept secret of the 21st Century.
The initial investment that maid service franchises require can be anything from $25,000 to $200,000, depending on the brand name you are looking at. These companies will give you a thorough training of how to run your business for maximum profitability, and you will have the brand name on your business cards and other advertising materials.
Most companies will let your run the business from your home. There will be some running expenses – telephone bills, advertising – but for an average franchise, these won’t amount to more than $1200 a month. Maids are usually paid a percentage of what the job pays, and you can decide the percentage yourself. Usually, the percentage is around 30 to 40 percent of the price you get from the house owners. Alternatively, you can also pay your maids an hourly rate – from $7 to $10 per hour is normal.
In the United States, the average price to clean a three bedroom – two baths home is $80-$120 dollars. This means, on cleaning 5 homes every day, you are left with around $8000 a month in terms of profit. Usually, the business reaches a breakeven point within a year, and from the second year on, you will start earning enormous profits.
This is probably not a good opportunity for you if you do not have enough capital. If you can afford to invest and wait a whole year for returns, then this is a very productive business for you. As your business grows older, your client base will increase, your reputation will grow, and you will be making more and more profit every year. Go through the various companies selling franchises in your areas, do the research required to determine which maid service franchise will work best for you.
Edward Dean is an accomplished website developer and author. To learn more about Maid Service [http://maidservicefranchising.com/maid-service] visit Maid-Service-Franchising [http://maidservicefranchising.com] for current articles and discussions.
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