Why Choose a Facilities Management Franchise in the Current Economic State?
If you’re thinking about becoming your own boss and feel that owning a franchise business seems like a good way to go, you may be onto something. But here’s the thing:
There are over 4,500 different franchise opportunities to choose from. That’s a lot!
That said, one way to quickly chip away at that number is to focus on franchise businesses that weren’t as affected economically by the recent global pandemic as other franchises may have been.
One such franchise business is OpenWorks, which specializes in facilities management.
Because, as you’ll soon see, franchise businesses operating in the facilities management space have some unique qualities that lots of other franchises don’t have. For instance, size.
Facilities Management: A $1.26 Trillion Global Industry
The numbers don’t lie. Facilities management is a huge industry. That’s an advantage for entrepreneurs entering the space.
And while global industry numbers and trends are important to watch, what you should be most interested in are North American trends. Check this out:
According to data from Precedence Research, “The North America region is the fastest growing region in the facility management market.” That’s good news for you. It gets better.
The same research report stated that “The trend of outsourcing services is creating future prospects in near future.” And that’s where OpenWorks comes in.
That’s because OpenWorks is an outsourcing business. And it has a network of 700 franchise owners in cities all across the USA handling that outsourcing.
Finally, OpenWorks is one of the fastest-growing companies in the nation, earning a spot on the Inc. 5000 for three years running.
Commercial Cleaning Businesses Are Essential Service Businesses
The commercial cleaning industry has been on the rise even prior to the beginning of the world-wide Covid-19 pandemic in 2019.
More importantly, commercial cleaning entrepreneurs have been able to adapt to meet the increasing demand for high-quality sanitization and protection against COVID-19.
One reason they’ve been able to do that is the fact commercial cleaning workers are now considered essential workers.
And because of the novel coronavirus, they’re in high demand as businesses of all shapes and sizes have placed a greater emphasis on maintaining a sanitary, healthy environment for their customers and employees.
This includes businesses like:
- Office buildings
- Healthcare facilities
- Distribution centers
- Apartment complexes
- Retail stores
- Automotive dealerships
And more.
That includes office buildings, which are businesses themselves. After all, someone owns them, right?
Office Building Maintenance
Owners of office buildings have key people in place to manage their buildings. One of them is a facilities manager. Their job is to keep their buildings well-maintained and running smoothly.
And that includes making sure health and safety regulations are up to snuff.
With that in mind, let’s focus on health, because that’s where a professional commercial cleaning company comes in.
Note: facility managers outsource their cleaning needs to commercial cleaning companies like OpenWorks.
To that end, here are some of the things commercial cleaning companies get paid to take care of:
- Common area cleaning/disinfecting
- Restroom cleaning/disinfecting
- Kitchen/eating space cleaning and disinfecting
- Windows and doors
- Carpet shampooing/cleaning
- Floor cleaning
- Marble and stone cleaning/care
- Furniture sanitization
- Light fixture cleaning
And much more.
It should be noted that office buildings need to be sparkling clean every day, no matter what the economy is like.
That’s because the goal of the owner is to keep every space occupied with businesses paying rent. And first impressions matter a lot, especially when prospective tenants are looking at spaces to rent.
Get in on this Growing Business
Not only is commercial cleaning a growing business, but it’s also one that’s perfect for entrepreneurs looking to become franchisees.
In fact, one of the reasons entrepreneurs look to own and operate a franchise type of business is the support they’ll receive as a franchisee.
Specifically, it’s the fact that they won’t need to figure out everything for themselves. It’s a tried-and-true business system! But you don’t want to miss this next part.
OpenWorks Offers a Truly Unique Business Model
If you become an OpenWorks facilities management franchisee, you’ll have guaranteed customers from day one. That’s huge, and it’s pretty much unheard of in franchising.
In addition, when you’re ready to take your franchise business to the next level, you won’t need to go out on sales calls to find more customers.
That’s because OpenWorks employs a seasoned sales team that’s laser-focused on finding new customers for the franchisees.
That leaves you to manage the day-to-day operations from your office. Your home office.
That’s right; you’ll run your OpenWorks facilities management franchise from the comfort of your own home.
Facilities Management Franchising, The Economy, and You
You’ve learned that facilities management is big business. A business that persevered during a global pandemic. And more importantly, a business that continues to grow, especially in North America.
It's also a business that’s perfect for franchising, as it’s chock full of systems for franchisees to use to operate, manage and grow their businesses.
And maybe it’s the right franchise business for you.
This article was written by The Franchise King®, Joel Libava. He’s a 20+ year industry veteran, the author of two helpful books on how to buy and research franchises, and a Franchise Ownership Advisor.