Purchase A Top Franchise Opportunity in 2019
If you’ve been thinking about buying into a top franchise opportunity, then you’ve likely been looking at many options. One question that we often hear is “when is the right time?”. It’s a valid question - when is the right time to buy a franchise?
When is a good time to buy a franchise?
If you’ve been thinking about buying into a top franchise opportunity, then you’ve likely been looking at many options. One question that we often hear is “when is the right time?”. It’s a valid question - when is the right time to buy a franchise? You might be thinking about things like time of year, personal capacity, industry trends and other factors that are specific to your life, but the ultimate answer is simply this - when you have the money.
The right franchise candidate. Once you’ve decided that you’ve saved enough or you are funded in some other way, you’ll need to consider a few other things.
Are you comfortable following a rigid business system?
Are you interested in using someone else’s creation to build a business?
If self-employment is your goal are you ok not being a full-fledged entrepreneur
Do you have experience in sales, operations or hiring/managing people?
Do you have enough net worth or capital to fund the business, advertise and experience a couple years of growth?
Timing has to be right
If you've been thinking about buying into a franchise system, and you can answer yes to the questions above, then you might be on the right track. Almost anyone can be a franchise owner if you have the determination and the willingness to learn and evolve. The system has been created for you, so following it is your biggest asset.
Now, as much as you’d like to quit your job so you can be in business for yourself, you might not be able to do that right now. It’s just reality. You may have other factors in your life that force you down one path or the other or delay objectives that are on your list. You might have young children and saving for their college education is your family’s priority right now. Maybe you had to leverage a loan or second mortgage for major home repairs. It’s possible a family member is ill and its not a good time to check out mentally and engage in new business ventures.
That said, the best time to buy a franchise is when you have the money, the desire, and the wherewithal to move forward. ~ The Franchise King®, Joel Libava
Franchise 500
Color Glo International ranks in the Entrepreneur Top Global Franchise 500 2019
Franchise Skillsets
The type of franchise you own will depend heavily on your personality, interests, and your skill-sets. If you have interest in restaurant operations, then there are many restaurant franchise options for you. If you love clothing and fashion, then there are unique boutique franchises out there for you. If you want to operate a gym, guess what? There are so many options out there for you. If you are a hair stylist or makeup artist or have interest in the beauty industry, then there are franchise opportunities in the beauty industry.
If you want to help your clients save large amounts of money and be a go-to resource for color and material restoration in niched interests like automobiles, marine, aircraft, home furniture, commercial furniture and more - then Color Glo International is for you. You'll meet new people every day, you'll work on-site rather than in a box and you'll encounter unique jobs that challenge you daily.
Franchise ownership rewards?
There are many rewards to owning a franchise. One of the biggest is also your biggest challenge, which is being self-employed. This means you are your own boss which can be the life or death of your business. You'll need to be a self-starter, create routines and schedules, set your own meetings and efficiently and financially manage them. You get to know other small business owners in your community and you'll get to know all kinds of people that are looking for someone like you to help them with regular work. One is that Color Glo Franchise owners can benefit is in their relationships with RV Dealers.
Freedom is your biggest advantage. New work locations, new people, new challenges - every day. If you're willing to follow a proven model, the business can also be lucrative
Back to determining the best time
We've given you our advice based on our franchisees. But seasonal businesses and level of risk takers will have different opinions. Some industries will have busier times of year than others, and many will want to open right before a big season. However, your personality comes in to play; you may want time to work out the kinks.
To find which option is right for you, look at potential outcomes … and seasons that might bring in more dollars. Then evaluate how ready you are (or might be) by a certain date. This can create a realistic timeline, and reveal when will be your "best" time to open.
How about outside factors? Are there any competitors retiring or going out of business? Are there businesses in your similar field opening? These variables, and more, can help pin down a deadline. Also keep in mind that business is never cut and dry. Even with the tightest of plans, your deadline can get shoved back. Be sure to give plenty of advance … just in case.
Another thing to also consider are hard dates. Do you need real estate? When can you get into the building? Are there licenses, liens, loans, operational equipment etc that all have lead times? A firm plan is essential to launch.
Final Considerations
Before hopping in with both feet, take some time to consider the competing franchise models in your selected interest. Stay open-minded and things can change rapidly. If you are working toward opening your franchise, there comes a point where it's simply time to open, no matter what the corresponding season might be. Be prepped to go at it full-force, then hone in on whatever your industry's craziest time of year.
Color Glo International was rated a World Class Franchise by the Franchise Research Institute.
Color Glo International was also ranked on the 2019 Entrepreneur Franchise 500.
For Seasoned Experience & Advice in a Color Restoration Franchise, Contact Us Today.
Color Restoration and So Much More
Color Glo International is the world leader in restoration and repair of leather, vinyl, velour, cloth and hard plastics commonly found in the markets of automotive, aircraft, marine and furniture. Formally incorporated in 1975 Color Glo began franchising in 1982. Today we can be found in hundreds of markets throughout world. Color Glo products are proven everyday to offer the correct results and best value every time they are put to the test.
Color restoration and more
Color Glo International is the world leader in restoration and repair of leather, vinyl, velour, cloth and hard plastics commonly found in the markets of automotive, aircraft, marine and furniture. Formally incorporated in 1975 Color Glo began franchising in 1982. Today we can be found in hundreds of markets throughout world. Color Glo products are proven everyday to offer the correct results and best value every time they are put to the test.
We initially began our franchising in the United States and have since then expanded into Canada and over 50 countries worldwide. Our focus is restoring and repairing common defects such as worn and faded interior components such as leather upholstery, headliners, burns and broken plastic or composite molding. These problems are found in the interior of every automobile, RV, truck sports vehicle, plane or boat in use today. You can learn a bit more about How RV Owners and Dealers Benefit From Color Glo.
A Little Bit of History
Since it’s beginning in 1975, Color Glo has become the recognized leader in the mobile automotive reconditioning industry. Founded by Everett C. Smith to address the growing demands, Color Glo has from the very beginning been the benchmark of this industry. Having been in the reconditioning industry for years, Mr. Smith knew that the existing products were not of the quality he would need to build a strong and successful brand. Although it was very costly and challenging, he decided that for his company, the only direction that would satisfy his pursuit of perfection and quality was to formulate his own line of exclusive and proprietary products.
Color Glo opened their own research and development labs to formulate the best products in this industry. He hired chemists that had strong backgrounds in new product formulation and research, and over a period of several years is team developed the original Color Glo proprietary line of restoration and repair products. Today the original 8 products in the line have grown to over 100 different and unique products. Each of the over 100 products are developed and selected to work seamlessly within the Color Glo system.
What We Do
This table gives you an overview of the materials we fix, where they’re found and the specific problems we can repair, restore or re-dye. We can find a solution for any problems that arise where these materials are found.
Color Glo Specialists
Our Color Glo franchises are located around the globe. In the US our 75+ franchises are all mobile units. They come to you! Color Glo's mobile-based technicians will come to your home, office or other location to repair damaged plastic, vinyl, leather, fabric and upholstery. Worn, torn, stained, burned, scratched or otherwise damaged materials can be restored to like new for just a fraction of the cost of replacement.
We are located internationally in over 50 countries. These are location-based shops, set up to provide complete and professional repair and restoration services.
You can find all our CGI International franchises on our website location finder under “Locations”.
Renewable Resources
A very relevant attribute to Color Glo is our commitment to the environment and our commitment to be a green company. Color Glo’s process uses specially formulated proprietary water based and environmentally friendly, non flammable, odor free products.
Our environment is a growing concern and special factors are often taken into consideration when a potential customer is choosing a company for repair and/or restoration. This is where Color Glo comes in. Special attention given now to these considerations can be used to our advantage highlighting the continued implementation and research Color Glo International Environmental impact of products (subject to strict quality controls according to ASTM standards) that led to the creation of color-based eco-friendly, water based, odorless and nontoxic products.
Our environmental policy is based on the belief that no one operates in isolation. Everyone shares the same earth, and everything we do matters to those around us. At Color Glo International, we put people first. The health, safety, and welfare of our customers, employees, and the people of the communities we serve are paramount. That is why we take our commitment to environmental stewardship seriously and have developed specific principles to guide us in our work. At Color Glo, we will ensure that our employees & franchisees have the training, skills and knowledge necessary to adhere to these principles.
Color Restoration and So Much More
Color Glo international and Color Glo franchisees world-wide are specialists in color restoration and repair of vinyl surfaces, accessories and furniture. Color Glo specialists are available to help restore your valuable property. We offer an on-site service, safety and convenience, eliminating the downtime of transport and ensuring our best work. Our work is permanent and environmentally safe. Color Glo specialists use non-flammable, odorless, water-based products that dry quickly.
Keep your investment for years to come. Revitalize. Restore. Save money. Contact us today for more information.