Creative Colors International

The Ultimate Franchise Opportunity Specializing in the Repair & Restoration of Leather, Vinyl, Fabric, & Plastic

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Owning A Business Franchise For Beginners in 2021: A Good Investment?

Owning a business franchise is an alternative to starting a business from scratch. If you are interested in owning your own business, buying a franchise has several advantages to a private venture. Franchise ownership is a way of accelerating the process of getting your business operation up and running.

Learn everything you need to know about owning a franchise business for beginners. Find out how it differs from starting a business venture from the ground, and the benefits of franchising. And, see why 2021 is a great time to start your own franchise business.

Owning a Business Franchise in 2021 for Beginners

Is owning a business franchise a good investment opportunity in 2021? The short answer is yes! A lot of change has occurred in the past year, but businesses are still moving forward – even if the business landscape has changed. And, 2021 is a great time to buy into a franchise business.

Franchise business owners purchase the right from an existing brand. For example, Creative Colors International helps small business owners by providing the branding material, supply chain access for materials and equipment, and training that new franchisees need to be successful in owning a business. The greatest advantage of owning a franchise business is the ongoing and built-in support networks that help you achieve success in a proven system of operation.

What are the Advantages and Drawbacks of Being a Franchise Owner in 2021?

Business owners across the country have found themselves in a precarious situation, thanks to the COVID-19 pandemic. Many small and independently owned businesses have been forced to shut their doors. And, this volatility is felt by independent small business owners and franchise business owners, alike.

But, whereas independent business ventures are left wrestling with changing health guidelines and operational standards in a constantly changing landscape, franchises are in a better position to succeed. When you buy a franchise, you buy into a network of research, planning, and operational support that exists to help your business succeed through good times and bad. While you run the business in the field, your franchise is working to keep your business open, in-demand, and in-compliance.

If your dream is to embark on an independent make-it-or-break-it venture, hands-off franchise ownership is a possible means to achieve your goal. But, many franchise business opportunities require a new owner to undergo training, wherein you learn the in’s and out’s of operation and management protocols. Franchise ownership is best for those with an entrepreneurial spirit and practical business mindset.

As a franchise owner, you benefit from market data and research conducted at a high level and directly relevant to your sector. Your franchisor provides an in-depth analysis of your market’s opportunities, which enables you to plan effectively. And, franchisers give you access to a network of vendors and supply chains to stock and equip your business immediately – for the best price.

For first-time business owners, independent ventures are less likely to secure funding from a financial institution or lending organization. When you are ready to apply for a business loan, lenders are interested in the support that exists behind your business, as much as the business plan you present. Lenders are much more likely to approve your application when it has the backing of a franchise.

As your business grows, a franchise structure provides avenues of scalability without forging the path on your own. As business increases, franchisees benefit from financial services and accounting, sales, operational, and marketing assistance. Talk to a franchise specialist for a free consultation on owning a business franchise in your area.

CCI Rolls Out Virtual Discovery Days

When the COVID-19 pandemic hit in 2020, Creative Colors International Inc. pivoted to online introductions as a new way to meet and interact with prospective franchisees.

Like many other franchisors, the mobile leader in leather and vinyl restoration shifted to virtual Discovery Days to meet with franchise prospects and introduce them to the company during this unique time. The outbreak of the pandemic this spring inhibited travel, and businesses throughout the country turned to telework to continue operations. Most of CCI’s corporate staff initially worked from remote locations to continue to support franchisees. Providing a new solution for prospective franchisees became a top priority.

“Helping potential partners learn about our corporate culture and meet our staff is an integral part of our discovery process,” said Mark J. Bollman, President of Creative Colors International. “When the pandemic prevented us from meeting prospective franchisees in person, we quickly developed a virtual process that enabled us to continue to grow our system.”

 Benefits of Discovery Days

Discovery Days are an important step in the decision-making process for franchisees. Spending a few days at the corporate office allows the franchisor to share its corporate culture and values. Potential franchisees get to meet the team of people who provide support to new business owners. Franchisees typically have the chance to engage with franchisees to learn best practices and gain insights, as well as make a site visit to see the business in action. Most prospective entrepreneurs come to Discovery Days armed with a business plan and strategy for success, which franchisors will have the opportunity to vet and offer feedback. Discovery Days are also a time when franchisors can determine whether the pair will make a good team and allow all parties to make an informed decision on their future.

CCI’s virtual Discovery Days begin with a 10-minute video tour of the corporate office led by Bollman. The virtual tour gives franchise prospects the opportunity to meet the entire team, from the office manager to the chief executive. It also provides a behind-the-scenes look at conference rooms, a technician training area, a supply warehouse and company service vans. After the introductory video, CCI hosts a live webinar presentation of marketing collateral and key discussion points with franchise executives.

Prepare for Discovery Days

Even though Discovery Days don’t require a plane ride or hotel stay, it’s important to properly prepare for the event before clicking the meeting link. If you are considering purchasing a franchise, here are some of the steps you should take before your Discovery Days experience begins.

  • Get a list of questions ready. Getting all of your questions answered will provide assurance and allow you to make a decision confidently. Keep a notepad handy in the weeks leading up to your virtual Discovery Day to jot down questions as they arise. Important questions to consider are the company’s long-term plans, franchisee retention rates and marketing plan. Don’t be afraid to ask tough questions.
  • Prepare a business plan. One of the benefits of virtual Discovery Days is the intimate setting, QSR Magazine Entrepreneurs now have the advantage of discussing their business plan with top managers at Discovery Days.
  • Bring a guest. Opening up a business is a family affair. Do not hesitate to have your spouse or future employees attend the Discovery Days experience with you. Encourage them to add to your list of questions.
  • Tour the software. Every CCI franchisee uses the company’s software tools as part of their daily business. CCI is proud of its online support system and business management tools. Make sure to spend some time experimenting with the software to ensure it’s hassle-free and efficient.

Best Practices for Franchisors

The franchise community and CCI are cautiously optimistic about the launch of virtual Discovery Days, according to a report in Franchising.com, an online resource. Initial reports indicate franchisors are realizing the virtual option is practical, cost-effective and appreciated by future franchisees. Prospects are engaged and ask more questions in the virtual environment. They are also grateful companies are willing to protect the safety of both corporate staff and franchisees during this difficult time.

Yet, virtual Discovery Days require extensive planning to be successful. CCI uses the latest technology to provide a birds-eye view of the inner operations of the corporate office. It also makes sure to combine pre-recorded videos with live, interactive meetings to keep prospects engaged.

Own the Ultimate Leather Repair Franchise

Opening a business is never a simple endeavor, but it offers great rewards. CCI franchisees operate a mobile, home-based business with unlimited earnings potential. Successful CCI franchisees are strong leaders; energetic business owners who understand the importance of following the CCI system. CCI is searching for franchisees who are energetic, enthusiastic and appreciate the company’s family-friendly culture. The company prides itself on encouraging franchisee participation and input through a variety of forums. The company’s Franchise Advisory Council represents franchisees by region, and meets twice annually to evaluate, recommend and potentially implement initiatives in a variety of areas, including technical/production, products, marketing, management, safety, customer service and franchise support.

To learn more about CCI, visit our website: www.creativecolorsintl.com/franchise-opportunities/

Creative Colors International Named a 2021 Top Franchise by Franchise Business Review

Independent Study Shows Franchise Owners are Highly Satisfied with CCI’s Performance

MOKENA, IL. – (January 14th, 2021) – Creative Colors International, the nation’s leading on-site repair and restoration franchise, was recently named a Top Franchise for 2021 by Franchise Business Review. This is the 16th annual ranking of the 200 best franchise opportunities as rated by franchise business owners. 

The complete list is available at https://franchisebusinessreview.com/page/top-franchises/.

Creative Colors International is a unique mobile repair and restoration franchise business specializing in the repair, reconditioning, protection, and color restoration of leather, vinyl, fabric, plastic, and carpeting in the automotive, furniture, commercial, and residential markets.

Franchise Business Review, a franchise market research firm that performs independent surveys of franchisee satisfaction, provides the only rankings and awards for franchise companies based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of the top 200 franchises in its annual Guide to Today’s Top Franchises.

Creative Colors was among over 300 franchise brands, representing more than 28,000 franchise owners, that participated in Franchise Business Review’s research. CCI’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity.

“It is once again a great honor and recognition to be named a top franchise by Franchise Business Review,” said Mark J. Bollman, President of Creative Colors International. “CCI takes great pride in enhancing the franchisee opportunity and experience in many of the areas of FBR’s categories of research.  The feedback given by our franchisees are a testament to our continued success and the satisfaction of our franchise owners.”

Creative Color’s survey data showed the following:

  • Creative Colors exceeded FBR’s benchmark franchisee satisfaction numbers in the areas of Core Values, Training & Support, Franchise System, and Overall Satisfaction.
  • CCI again ranked highest in the category of Core Values. This measured how current franchise owners rate the trustworthiness of their franchisor; the overall relationship with their franchisor and their level of respect for the entire franchise organization; their franchisor’s corporate culture and the promotion of honest and ethical business practices; and the level to which their franchisor truly cares about the success of their business.
  • CCI also rated very highly in Self-Evaluation. This indicates how current franchise owners rate their own personal enjoyment in being part of the franchise organization as a whole and how they rate their own personal enjoyment in operating their franchise business.

“There are thousands of successful franchise companies operating in North America, but many of those companies do not offer a solid investment opportunity for the actual franchise owners,” said Eric Stites, CEO of Franchise Business Review. “As an independent research firm, we rate the franchise companies in the marketplace today and identify those with the highest levels of satisfaction and performance among their franchisees in order to educate potential buyers and help them choose which franchise to invest in. The companies on this year’s list are the top performing brands in the key areas critical to their franchisees’ success.”

Visit FranchiseBusinessReview.com to see the full description of the 2021 Top Franchises.

To learn more about Creative Colors International franchise opportunities, please visit www.creativecolorsintl.com.

About Creative Colors International

Launched in 1991, the Creative Colors International (CCI) franchise system was created through its affiliate, J&J’s Creative Colors, the original industry leader in refurbishment techniques and systems. Today, both companies continue to be family-owned and operated by the second generation. Catering to the abundance of upholstered items in every home, business, and vehicle, CCI is the ultimate in on-site repair, restoration, cleaning, protection, and dyeing of leather, vinyl, plastic, and fabric. Through proprietary technology, CCI restores damaged material at a fraction of replacement costs, saving customers up to 90 percent. CCI repairs are stronger than the original area and are nearly invisible to the naked eye. In the Automotive, Furniture, and Commercial Markets, CCI offers on-site repair and restoration to all types of leather, vinyl, fabric, plastic, and carpeting by repairing and re-dyeing holes, cuts, tears, burns, scrapes, fading, and discoloration. For more information on CCI’s services and franchise opportunities, visit www.wecanfixthat.com.

Media Contact:

Kevin Behan

919-459-3595

kbehan@919marketing.com

CCI Presents Annual Awards Virtually

Creative Colors International Inc. hosted a virtual awards ceremony to honor its top-performing franchisees, who are succeeding in generating strong sales results, despite the many challenges this year presented.

Americans are limiting travel to help flatten the curve, and business owners are doing their part to keep people safe. CCI, the mobile leader in leather and vinyl repair, typically hosts an annual conference each year for its franchisees to build relationships, share best practices and reconnect with friends. It gives franchisees and technicians an opportunity to network with their peers and gain knowledge. CCI also uses it as an opportunity to introduce the latest new products and services the company offers. The conference culminates in a festive celebration where CCI presents its annual achievement awards. Out of an abundance of caution, CCI opted to hold an owners meeting and awards presentation virtually this year.

Despite the challenges of navigating this season, CCI was not willing to sacrifice its annual awards ceremony simply because technicians and owners could not meet in person. Honoring employees for their hard work boosts morale, improves employee retention, increases productivity and can raise profits, according to the Society for Human Resources Management.  CCI believes recognizing the hard work of its franchisees and service technicians helps instill loyalty and fosters the company’s family-friendly philosophy. The virtual event helped increase employee engagement and bolster company satisfaction.

“Honoring our franchisees and technicians is one of the highlights of our year,” said Mark J. Bollman, CCI’s president and co-owner. “Our franchisees are successfully navigating this difficult time and are proving their resilience and dedication to the brand. Holding a virtual celebration provided some welcome levity and joy.”

CCI presented a long slate of awards during its virtual presentation on November 7. Some of the awards were for work anniversaries, including awards to three technicians for celebrating 15 years of service. CCI presented awards to franchisees and technicians who increased their sales by more than 20 percent of their all-time high, and Rookie Technician of the Year, among many others.

One of the year’s most coveted awards went to Jesse & Chastity Shreve for top sales in a single franchise territory. The Shreve franchise garnered nearly $560,000 in sales for the year. The Roanoke, Illinois-based franchisee turned the key on its first mobile van in 2017. Prior to opening his own franchise, Shreve worked as a CCI service technician for 11 years.

Chris Shefts received the honor of first prize for earning the highest sales for an established technician. He has served as a service technician in the Chicago area for more than 20 years. He specializes in making repairs to car interiors.

CCI is planning to distribute next year’s awards in person at its annual conference. The 2021 conference will be held at the Perdido Beach Resort in Orange Beach, Alabama, Nov. 5-7, 2021.

CCI enables workers to control their future in a field with high growth potential. Operating a franchise business offers entrepreneurs a proven business model and the training and support they need to succeed. CCI’s mobile franchisees operate their business from their home and have the flexibility to determine their own schedule.

If you would like to toss your hat in the ring for one of CCI’s awards at the 2021 conference, learn more about joining our team. Visit our website to learn more: www.creativecolorsintl.com/franchise-opportunities/.

CCI Celebrates Veterans by Providing Path to Business Ownership

Creative Colors International Inc. is celebrating Veterans Day by saluting its valuable veteran franchisees.

Veterans play a vital role in the franchise community. Veterans account for seven percent of the United States population, but at least 14 percent of franchisees served in the military, reported VetFran, a strategic initiative of the International Franchise Association designed to provide franchising information to veterans. There are 2.52 million businesses owned by veterans in the U.S., according to the U.S. Census Bureau. Veteran-owned small businesses employ more than 5 million people in the United States and generate revenue of  $1.14 trillion, according to a report from the U.S. Small Business Administration. Veteran-owned businesses represent nearly 10 percent of all U.S. businesses.

“CCI prides itself on being a great business opportunity for veterans interested in pursuing entrepreneurship,” said Mark J. Bollman. “The company offers a discount to veterans interested in business ownership.”

Jeremy Weber, a successful CCI veteran franchisee, relies on team-building skills he honed during his tenure in the armed forces to run his successful mobile leather and vinyl repair franchise. In 1993, directly out of high school, Weber joined the United States Marine Corps. He primarily served as a mortarman, which is a crew server weapon system. Mortarmen rely on a team for communication, as they often cannot see their target. Weber would typically operate on the gunline or at a command center with a group of people coordinating and directing the activity on the battlefield.

Weber was stationed at Camp Pendleton and did two tours aboard the USS Essex, which was primarily in the Persian Gulf and the Western Pacific theatre of operations, before he left the military in 1997. Following his time in the military, Weber was in charge of information technology for Farmers Insurance and operated a consulting business. In 2015 he opted to pursue entrepreneurship as a franchisee for CCI.

“Creative Colors was the right fit for me,” Weber said. “I think there is a sense of belonging and being part of a larger unit in franchising that is familiar to those who have served in the military.

Franchising gave Weber the opportunity to be part of a team, which he finds essential for  success when it comes to operating his Creative Colors of West Michigan franchise. “What gives me the most passion is building a team and directing them, setting boundaries and clearing roadblocks and setting people up for success as a team, not as an individual,” he said. “We are here for a common objective, and as long as we are all focused on the team’s goals before the individual, then we will all succeed,” he added.

CCI, which specializes in repairing, restoring or replacing damaged vinyl, leather, fabric or plastic goods, has partnered in the past with USA Cares, a charity that provides financial and advocacy assistance to post 9/11 active-duty U.S. military service personnel, veterans and their families. The Mokena, Illinois-based CCI awarded a qualified veteran a free franchise and strives to hire veterans as certified service technicians. CCI also provides franchise discounts to veterans.

Franchisees with CCI operate a home-based business requiring low overhead and offering high profit potential. CCI provides intensive training for new business owners and ongoing consultation by hosting conferences and being available to solve problems on a day-to-day basis online or via telephone.

For more information about CCI, visit: www.creativecolorsintl.com/.

CCI Helps Americans Become Their Own Boss

Celebrate Boss’s Day by kicking your job to the curb and tackling a new career that puts you in charge of your future.

Boss’s Day is celebrated annually in October in both the United States and Canada. Traditionally, Boss’s Day was established to show appreciation and recognition for all the dedicated bosses. Creative Colors International Inc., the nation’s mobile leader in leather and vinyl repair, encourages hard-working Americans to use this day as an opportunity to take charge of their future and become their own boss.

“The Creative Colors International vinyl and leather repair franchise has been designed for entrepreneurs who want to enjoy the rewards of their efforts,” said Mark J. Bollman, president and co-owner of the Mokena, Illinois-based franchisor. “CCI puts tremendous growth potential at your fingertips and features modest start-up costs, complete training and on-going support. CCI is a great opportunity for a person to become their own boss.”

One of the primary causes of stress for many Americans is coping with their boss, according to the American Institute of Stress. At least 52 percent of corporate workers are not completely satisfied with their potential for promotion, and 65 percent experience on-the-job stress, according to a recent Gallup poll. They are hungry for a chance to venture out on their own. Three out of every five Americans want to open their own business, according to a recent study by Vistaprint, a small-business resource.

Fear of failure and financial concerns keep many people chained to their corporate desks, relying on their boss to map out their career trajectory. Entrepreneurship offers individuals the chance to be in control, work flexible schedules and unlock potential profits.

If being your own boss sounds ideal, the next step is to find an opportunity you can afford and enjoy. Starting a business from scratch gives you the autonomy and control you desire, but it’s a risky proposition. More than 20 percent of businesses fail during the first year, and 30 percent fail by the end of year two, according to Fundera, a financial resource for small businesses.

Franchising provides budding entrepreneurs with the chance to hop off the corporate hamster wheel by operating a proven business model with ample training and support. As a franchisee, you will have the backing of a parent company that wants you to succeed, as well as an entire system of franchisee peers offering knowledge and insights to help you generate profits and retain employees.

Mobile Leader in Leather and Vinyl Repairs

CCI performs on-site repairs to restore damaged items to like-new condition while providing your customer significant cost savings versus replacement; sometimes as much as a 90 percent savings. The company uses proprietary tools and methods to meticulously eliminate fading, tears, rips, scrapes, gouges, scratches and scuffs. In many cases, we can even successfully restore items that have been damaged by fire or water to a like-new condition. CCI provides top-quality leather, vinyl, fabric and upholstery repairs, as well as exceptional customer service. Following the outbreak of COVID-19, CCI started offering sanitizing and disinfecting services using a proprietary, hospital-grade cleaner and deodorizer.

State-of-the-Art Training Program

New CCI franchisees receive four weeks of intensive training to get them ready to operate their mobile business. The initial training includes two weeks of classroom and hands-on training to learn the basics. New franchisees are taught CCI’s technical, operations, sales and managerial skills. Next, they spend a week learning about the administrative side of the business. The last week is spent with a franchisee during their grand opening to help get their business up and running. But, training doesn’t end after a new franchisee takes the wheel. CCI offers ongoing assistance through advanced technical seminars, annual conferences, field visits, as well as online and phone support.

Promotional and Marketing Support

In addition to training and ongoing support, new franchisees receive promotional materials and access to CCI’s exclusive product line. CCI offers print ads, pamphlets and fliers, as well as vehicle graphics and uniforms by order. CCI’s home office exhibits at leading trade shows across the country to raise brand awareness for corporate accounts. They also offer booths and tools for franchise owners to exhibit at smaller shows in their local markets.

If you are interested in working for yourself and want to operate a business with a successful history, learn more about CCI by visiting: www.creativecolorsintl.com/franchise-opportunities/

Mobile Repair Franchise Offers Job Security During Uncertain Times

 

During this rocky economic season, Creative Colors International Inc. offers franchisees a reliable and lucrative career path with a family-friendly business willing to adapt as the needs of its customers evolve.

Following the outbreak of the COVID-19 pandemic earlier this year, businesses in the United States took a hit. Stay-at-home orders closed the doors of restaurants, gyms, hair salons, and other non-essential local companies. Many businesses had to furlough or cut staff, sending unemployment numbers skyrocketing. More than 15.2 million people lost their jobs owing to the impact of this unprecedented time, according to the U.S. Bureau of Labor Statistics. As businesses across the country reopen and Americans get back to work, now is the perfect time to ensure your career path offers job security and ensures you are prepared for the future.

“Business ownership is the American dream. It’s the backbone of our country. How many people think about owning their own business but never see it go any further than that? They never realize their dream because they automatically assume that it takes too much money,” said Mark J. Bollman, president of CCI. “Our mobile, home-based business model allows for low overhead and affordable startup costs, especially when you consider our financing options.”

CCI, the nation’s leading on-site repair and restoration franchise, is offering virtual discovery days to continue to grow its company during this difficult time. The company prides itself on providing outstanding customer service and impeccable craftsmanship. The certified technicians at CCI can revitalize the interior of automobiles, boats, planes, or recreational vehicles by restoring and enhancing their natural beauty and strength. Technicians eliminate scuffs, scratches, gouges, scrapes, rips, tears, and color fading, which occur over time due to normal wear and tear. CCI was recently recognized by Entrepreneur magazine on its prestigious list of the top franchises for under $100,000.

While many governors are still undecided on when states will fully reopen, or if the nation’s children will attend in-person school in the fall, buying a franchise may seem like a risky proposition. However, experts agree that now is the right time to purchase a franchise. There are at least 773,600 small franchise establishments across the country. In 2019, franchisees supported nearly 8.4 million jobs and earned $787.5 billion of economic output for the U.S. economy, according to the International Franchise Association. There are many advantages to jumping into business ownership during this time. Here are just a few of the reasons now is the time to join the franchise community.

Work-Life Balance and Flexibility

Social distancing and stay-at-home orders paved the way for many Americans to contemplate their career choices. Teleworkers are realizing they are unhappy with the daily grind of trying to climb the corporate ladder. CCI offers an alternative opportunity for entrepreneurs. CCI is a home-based business with low overhead and high profit potential. The Mokena, Illinois-based company’s startup program includes an equipment package for operator convenience, and every van is equipped with all the necessary tools, along with a full line of supplies.

Proven Business Model

CCI offers its franchisees a proven business model with a long history of success. Owning a franchise comes with less risk than starting a business from scratch because it offers the tools you need for success. Franchisors offer training, marketing and ongoing support you need to meet your sales targets.

Funding Opportunities

The Small Business Administration offers loans with high capital amounts, long terms, and low interest rates, according to Fundera, a company that specializes in helping small businesses find funding. The SBA recently received a cash infusion of $376 billion when the president signed the CARESAct to help support American workers and businesses during the pandemic. Low interest rates and easy access to debt capital make funding your dreams a viable option during this unique time. High unemployment numbers can make it easier for new franchisees to hire and retain reliable staff.

Pandemic Response is Key

Turbulent business times offer the perfect opportunity to vet your potential franchisor. If you are considering franchising, pay close attention to the brand’s response during the pandemic. Did they support their franchisees by offering open lines of communication and royalty forgiveness when sales plummeted? Did they take steps to help franchisees to continue to operate their business? CCI added a new Sanitizer & Disinfectant to its lineup of services, which allowed many of its franchisees to continue to grow their business despite the pandemic. The one-step, hospital-grade cleaner, sanitizer, and disinfectant has become an essential service that franchisees can offer customers, including auto dealerships.

If you are ready to alter the trajectory of 2020 and make it the year you opted to journey down a new career path, visit www.creativecolorsintl.com/franchise-opportunities to learn more about purchasing a repair and restoration franchise with CCI.

Why You Should Invest in a Passive Income Franchise During COVID-19

If you have ever wanted to build a passive income franchise, now is the time to act. COVID-19 is changing the world and all of its global marketplaces. At the same time, it is opening up new opportunities for rapid-growth in industries serving the needs of America’s ‘new normal.’

COVID-19 has increased demand for businesses that provide cleaning and repair services to leather, vinyl, and upholstery. Learn about why the demand for mobile cleaning and repair services is sky-rocketing, and which industries need it most. And, find out how to build a passive income franchise in a global pandemic.

Building a Passive Income Franchise During Covid-19 is a Good Idea

Many industries are struggling in the wake of the global COVID-19 pandemic, and many individuals are out-of-work. The world is changing in short and long-term ways. But, change presents new opportunities. In the current market landscape, mobile cleaning and repair services are in high-demand and present a lucrative opportunity to build a passive income franchise.

COVID-19 presents an increase in demand for deep-cleaning and maintenance services. The CDC’s cleaning and disinfection guidelines mandate the adoption of more stringent cleaning practices. So, to “re-open” the country, businesses, organizations, and establishments of every kind are clamoring for professional cleaning services.

And, as far as the best minds can project, the need continues into the foreseeable future. But, you might be wondering – why not use this as an opportunity to start-up your own business, instead of buying a franchise? Franchisors and franchisees enjoy a mutually beneficial relationship that works to the advantage of both parties in a tough economy.

Benefits Franchises Have Over Start-ups in COVID-19

The COVID-19 pandemic has forced many countries to shut down their borders and factory operations, disrupting supply chains for many businesses. Many independent business owners find the inventory of their vendors in short supply. Unlike most independent owners, franchises have access to a more dynamic and diversified supply chain of vendors, enabling you to more accurately and reliably plan your cash flow.

Lenders want to know that your supply network won’t become a weak link in your business when times get tough. For this reason, prospective franchisees have access to several incentives that independent owners are not privy to. Franchisees are afforded lower interest rates on loans, higher approval rates, and lower cash-on-hand requirements for SBA loans.

Lenders are more comfortable approving loans for a business that already has a proven concept, roadmap, and brand identity because it provides the best chance for profitability. Lenders know that your investment in a franchise ensures direct access to standardized training, territory protection, and marketing assistance.

Building a Passive Income Franchise in Mobile Cleaning and Repair

It takes longer for independent owners than for franchisees to build a business that is generating passive income. Most business owners remain hands-on with the day-to-day operations to actively generate income. Passive income becomes a possibility when you can pass-off the day-to-day operations and management of your business to someone else.

When it comes to mobile cleaning and repair, demand is through the roof – but it requires labor. To create a passive income franchise, you are contributing under 750 hours of direct labor per year, which means someone else is doing the labor.

It doesn’t take much capital to hire-on a dedicated employee to run the day-to-day operations. And, as discussed above, it is easier for a lender to approve that kind of working capital to franchise owners, over independent business owners. Furthermore – the global pandemic is causing local banks and lenders to look more favorably on single-person operations in light of new social distancing standards.

Mobile cleaning and repair for leather, vinyl, and upholstery is an essential service for several industries. Automotive dealerships, restaurants, hotels, and medical facilities require regular cleaning and repair services for furnishings, automobiles, trucks, equipment, – and more.

A good rule-of-thumb for building passive income is to limit your businesses’ unnecessary expenditures. In other words – don’t have three people do a job that one person can do with the right tools. The ‘mobile’ business model allows an individual worker to perform all of the cleaning and maintenance tasks required from a fully-equipped van.

The timeline depends on the nature of your business and the skill level required to perform its essential operations. This is where rapid-growth can create the opportunity to build a passive income franchise in a short period. And, mobile cleaning and repair is a prime sector for rapid-growth.

Open Your Franchise in 2020

COVID-19 is dictating a new-normal for American businesses, and opportunities for new franchisees. There is no better time to seize the opportunity for success in owning a franchise.

If you want to take the next step to build your passive income franchise with Creative Colors International, contact CCI today. And share this article with others in your social media community interested in establishing passive income.