So recently I had a potential opportunity to partner up with a friend and merge my window cleaning company with another window cleaning business for sale. Financially, this decision was very pleasing to the ears. Also having this specific friend as a partner was a super exciting thought. I do believe the two of us would make a great team.
Other than those two pros about this decision, there was a handful of cons that I’ll mention now. The first and foremost con, which was on my mind instantly since the opportunity crossed my path, was this acquired company was a franchise and had a bad reputation. With that being said, I do not have the intentions to be a franchise. I love that my window cleaning company has my last name in the brand. It feels more local and it shows everyone that my business started from ground zero.
Joining the franchise is going to mean I give up my name. Even if it took my business from being well into a quarter million dollar company. Yes I said it! I could have had a quarter million dollars worth under my belt. But the question is, would that be worth the reputation I’d be having to re establish as well as giving up the personal feel my current business gives off.
So there I am. Stuck in between the lines. Do I move forward with this or do I stand my ground, say no to the acquisition and spend a lot more time building my business to financially be at that level.
I’ll go ahead and keep it open and not spoil what I decide to do. This is chris with berryhill window cleaning coming to all of you not just interested in our professional services, but also the person you are about to hire. Have a good one!