Valuing Pest Control Business Opportunities in 2020 and Beyond
The Pest Control Franchise Industry Facts and Figures breakdown on our website explains why so many pest control business opportunities are popping up across the country, but which ones are worth the investment?
Today’s post offers two more critical criteria to use when valuing pest control business opportunities. And don’t forget to check out some of the tips shared previously in the Pestmaster Services Franchise blog if you found these helpful.
#1. Look For Scalable Pest Control Business Opportunities
Scalability is generally a quality indicator.
If sufficient demand for a service exists, and the business model is designed in a way that is profitable, sustainable, and efficient, the business should scale pretty effortlessly. That’s how it happened for Pestmaster Services, which went from single small business to national top-100 brand as investors kept buying in.
Accordingly, you should generally look for scalable pest control business opportunities. It means the model is sound (there is value at every level) and the demand is there; it shows the brand is flexible and adaptable and capable of evolving, which will prove critical in 2020 and beyond.
Pestmaster Services is completely scalable, with options to run your company as a single-operator home-based business or a regional provider with multiple brick-and-mortar locations and a vast team.
Home-based options are popular for start-ups looking to control costs early on, but some choose to start with a brick-and-mortar office from day-one. It’s up to you. Most Pestmaster Services franchise owners are out of the home within the first 9 to 18 months.
Very little is needed to get started; once you’ve got a vehicle, backpack spray unit, uniform, and pest control materials, you’re basically up and running. But of course, you can choose to outfit an entire team from day-one, add a marketing budget, and set your sales goals higher. The business model is sound and the demand is there, so upping your investment will yield a greater return.
#2. Try To Find Gsa Contract Connections
Though there is no law requiring contractors to hold GSA Schedule in order to conduct business with the federal government, many agencies will only place orders through GSA Schedule contracts. Thus, pest control business opportunities with access to GSA contracts will be able to secure fantastic government work for your business.
Finding GSA contract connections is easier said than done, but it’s worth the effort. No matter what market shifts may occur in 2020 and beyond, this revenue stream will keep flowing!
Pestmaster Services become one of only 11 providers (out of more than 21,000) contracted to offer pest solutions, vegetation management, and health related/vector control to the United States Government. Entrepreneurs who join our team become part of an exclusive list of vendors pre-qualified to provide these services to big ticket clients.
Learn More About The Pestmaster Services Opportunity
Pestmaster Services started in 1979 as a small business in the small town of Bishop, CA and has since grown into a top national brand, with locations stretching from east to west and cutting through America’s heartland. To date, our sleek and cost-effective “turnkey” model has helped dozens of franchisees build successful pest control businesses across the country, and our system will work for you.
To find out about pest control business opportunities in your area and start-up costs, visit the Pestmaster Services Franchise website or call 800-525-8866 to speak directly with a representative.Back