Hundreds of thousands of franchisees exist but they are most commonly associated with fast food.
Does franchising make sense for security integrators?
In this note, we examine the business model of Security101, who reports 37 locations and $100+ million in revenue. The founder and CEO of Security101, Steve Crespo [link no longer available], described to IPVM what makes the franchise option attractive to their partners, what it takes to start your own Security101 franchise location and what to expect.
Plus, we examine the costs, risks and tradeoffs involved in starting your own independent integrator.