Due Diligence Definition

Oct 2

Due Diligence defined is the act of a investigating a house cleaning franchise that you want to purchase. It is during the due diligence process that you prove to yourself that what you want is worth it.

By definition, due diligence is not a legal obligation, but more of a voluntary investigation. At You’ve Got MAIDS we value transparency. What you see is what you get.

You should evaluate our cleaning franchise carefully before signing on as a Franchise Partner. It is kind of like joining a Fraternity or Sorority. If we don’t meet your needs or if you don’t feel you will fit in…you should continue your search elsewhere. Sometimes the best decision is NO DEAL.

If you are searching for purchase a home cleaning franchise, give us a phone call at 843.388.7887, fill out our franchise application or email us. We are happy to answer any questions you might have. You’ve Got Maids stands for professionalism, integrity and clean, healthy homes.

Click here for franchise application.

Franchise Approval Department

Tel 843 388 7887

http://www.youvegotmaids.com/

Check us out on: twitter, YOUTUBE, facebook

Tags: FRANCHISE TERMS

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PROTECTED TERRITORY DEFINITION

Sep 29

Posted by Frank Berger in Franchising

A Protected Territory or Protected Franchise Territory is granted by the franchisor to the franchisee. Protected Territories ensures that a franchisee will not compete with another franchise outlet. You’ve Got MAIDS franchise partners enjoy customized protected territories.

Click here for franchise application.

Franchise Approval Department

Tel 843 388 7887

http://www.youvegotmaids.com/

Check us out on: twitter, YOUTUBE, facebook

Tags: FRANCHISE TERMS, protected territory

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FRANCHISE HOUSE CLEANING AND MAID SERVICE ROYALTY FEE

Sep 7

Posted by Frank Berger in Founders Blog, Franchising

Beware the House Cleaning Franchise that does not require royalties. Typically this type of maid service franchiser will charge a premium for the initial Franchise Fee and more for the Protected Territory fee (if they even have protected territories).

This upfront-fee Franchise Fees gets your unit up and running, and then they focus on the next potential maid service Franchisee. It makes sense doesn’t it? Why would they give your house cleaning franchise great continuing support if they are no longer getting paid by you to do so? This is just common sense.

My own personal experience as a Franchisee and now a Franchisor has provided an insight to the benefits of ongoing royalty payments. A maid service franchisee should want to partner with a Franchisor who has a vested interest in their maid services success. A good house cleaning franchise will provide continuing support so that the Franchisees are in business for themselves, but are not by themselves.

A service franchise that front-loads all their fees and lures prospective franchisees with the promise of no royalty fee really have no incentive to help you succeed. Think it through. If the house cleaning franchise makes all the money up front, then it should direct all its resources to getting new Franchisees, setting them up, and then finding another new Franchisee. If a Franchisee fails, and closes the office, now the Franchisor is free to sell that same protected territory all over again. A case could be “maid” that this type of no royalty fee francisher has more to gain if they let the weaker franchisees cycle themselves out of the system through bankruptcy and abandonment.

If you are considering purchasing a house cleaning service franchise please consider You’ve Got Maids. Our franchise opportunity pages will give you more information on what our house cleaning franchise has to offer you. A franchise application can be found on our website.

You’ve Got MAIDS®

Franchise Approval Department

Tel 843 388 7888

http://www.youvegotmaids.com/

Check us out on: twitter, YOUTUBE, facebook

Tags: FRANCHISE TERMS

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FRANCHISE HOUSE CLEANING AND MAID SERVICE PROTECTED TERRITORY DEFINED

Sep 6

Posted by Frank Berger in Founders Blog, Franchising

Will my house cleaning franchise have a protected territory? Absolutely! The professional maid service franchise, You’ve Got MAIDS, wouldn’t have it any other way. Each Franchise Partner has a protected territory to ensure no company-owned or other Franchise Partners will ever compete with them for the same house cleaning customers.

You’ve Got MAIDS favors straight lines on a protected house cleaning territory (zip code lines, census lines, rivers, roads, etc.). Some maid service franchises do a radius which seems problematic at best.

Domino’s Pizza protected territories are roughly 3 miles, but could be smaller in an urban environment. Their goal is quick pizza delivery, so they give their franchise rep a stop watch and send them to the proposed site to do drive times with the franchisee. Starting at the proposed store location, the franchisee and the franchise rep will drive 12 minutes in various directions. This is a very dangerous time for Domino’s Pizza franchise reps as the franchisee normally offers to drive. Franchisee’s have been known to break a few driving laws to extend their protected territory. Speed limits become suggestions, and red lights become stop signs. In my years as a Domino’s franchisee I have been guilty of this on a few occasions.

Subway has a very small protected territory. That is one of the reasons there are so many of them. Good for the franchisor, but it would concern me as a franchisee.

Then the biggest franchisor, McDonalds has the smallest protected territory…your address. Of course, McDonald’s is the gold standard for franchising and they can get away with it.