Two components make up the investment and start-up costs of a Budget Blinds franchise: the initial franchise fee and the minimum working capital. Franchise Description: Budget Blinds, LLC is the franchisor. The parent company of Budget Blinds is Home Franchise Concepts, LLC. Budget Blinds franchisees operate a mobile business for the sale and installation of window coverings such as shutters, mini blinds, wooden blinds, vertical blinds, curtains, pleated blinds, cellular umbrellas, Roman blinds, roller blinds and umbrellas. Franchisees use a van equipped with signs provided by the franchisor to make sales calls and perform installation work. Definition: The duration of your franchise agreement. This company is looking for new franchisees in the United States. My Solo 401k Financial has helped thousands of entrepreneurs with franchise financing. We specialize in helping franchisees use their retirement funds without paying taxes or penalties, as well as loans to SBA businesses.
When considering a Budget Blinds franchise, don`t be fooled by these 18 important franchise fees (from the initial franchise fee to the license fee to the other 16 fees found in points 5 and 6 of budget Blinds` 2019 FDD). We give estimated franchise costs for some countries: – In the United States, the total investment to launch the budget blinds is about $110,140 to $235,870. – In Canadian currency, the investment is between C$139,670 and C$300,000. – In Mexican currency, the investment amounts to about 2.29 million pesos to 4.91 million pesos. If you`re an aspiring entrepreneur looking for financing to open a Budget Blinds franchise, consider our ROBS 401K business financing plan, which allows you to invest your retirement savings in your business without having to pay taxes or penalties. Territory granted: The franchisor grants franchisees a protected area. The franchisor will not establish a franchise that sells and installs window coverings with the system and brands. The area is described by the U.S.
Postal Service Zip Codes in the Franchise Agreement. Each zone will include about 30,000 households. This company is looking for new franchisees in the following international regions: Canada, Mexico Training Overview: The training consists of a combination of up to 14 days of classroom training at the HFC Experience Center in Coppell, Texas, and virtual training before and after the Academy. With the first franchise purchase, training for up to two people is offered free of charge. Franchisees or their manager must complete the initial training program to the satisfaction of the franchisor before starting to operate the franchise business. Upon reasonable notice and at no cost to franchisees, the franchisor may require franchisees or designated personnel to participate in additional training, seminars, conferences or other programs that it deems relevant or appropriate for the proper functioning of the system. What you need to know: Most franchisors require franchisees to pay a continuing license fee, which is listed in point 6 of the FDD. These fees are usually a percentage of weekly or monthly gross sales, but can also be a weekly, monthly, or annual fixed fee.
At Budget Blinds, our low-overhead domestic business model makes it easier and faster for you to start your journey to becoming a successful local business owner. As the owner of a custom window panel franchise, you will enter the growing home improvement franchise industry backed by north America`s #1 custom window covering provider. Curious about where Budget Blinds ranks on other franchise lists? Check it out below. Qualified Veterans can receive a 15% discount on the purchase price of a Budget Blinds franchise. We are proud of those who serve our nation. To date, we have provided more than $1 million in rebates to veterans who have joined our system. We are committed to helping you shape your financial future. A veteran`s team-building skills and attention to detail are a perfect fit for a Budget Blinds franchisee. Check out the latest franchise news, trends and more. Definition: The total amount required to commence operation of the Obligations and Restrictions franchise: The franchisor prefers franchisees who wish to actively participate in the direct operation and day-to-day business of the franchise. If franchisees do not operate the franchise business themselves, they must employ at least one full-time manager.
The manager must complete the initial training program, devote all of his or her time during normal business hours to the management, operation and development of the franchise business, maintain the confidentiality of the franchisor`s trade secrets, and comply with non-compete obligations. Franchisees may only offer and sell goods and services in the franchise business that the franchisor has authorized the franchisees to sell. Franchisees do not have to sell all the products and services that the franchisor authorizes, but it is recommended that franchisees do so. Budget Blinds is part of a family of brands under the umbrella of Home Franchise Concepts (HFC), which also includes Tailored Living, Concrete Craft, AdvantaClean, Kitchen Tune-Up and Bath Tune-Up. Launched in 1992, Budget Blinds allows customers to purchase window panels at home and offers customers free in-home consultations, virtual consultations, measurement and installation services. .