Franchise Or Start-It-Yourself
If you are just beginning to enter the sign industry, or are leaving your current position to start your own company, you may be wondering if you should start your own business or buy a franchise. If you decide to go franchise, your start-up cost will be $80,000+, but you'll get pointed in the right direction with training, marketing assistance, and a solid corporate ID. It requires more up-front capital, but you'll have a better prospect for success. And, most surveys indicate that franchise operations have higher average grosses than independents. Another option is to start your own company, which costs much less up-front but has a higher rate of failure if not carefully handled. Learn effective marketing and base your business creed on superior quality and service. You should look at all options before you decide which route to take, including the possibility of purchasing an already existing company that is for sale, or investing as a partner with an existing company that could use a capital investment to purchase new machinery or software. You would have help and support from people familiar with the industry and would already have an established clientele.