If you have always wanted to own your own pest control business but don't know where to start, you should consider opening a franchise. There have been many studies that have proven that franchises tend to have higher success rates than other traditional startups. At Truly Nolen, we have been providing exceptional pest control in Oklahoma for decades. We offer one-of-a-kind franchise opportunities for those who are looking for a new adventure.
Is The Pest Control Industry Profitable?
Over the last five years, the pest control industry has seen a steady increase in revenue. According to the National Pest Management Association's annual reports in 2019 and 2020, the average pest control company was able to make a profit of around $500,000 a year.
Many people are understandably apprehensive about starting a new business because they worry about how future economic fluctuations will affect their business. The good news is that pest control companies don't usually experience the same economic downfalls that other industries experience during a recession. While no industry is completely recession-proof, as long as there are bugs and pests in the world, there will be people who are looking for a company to get rid of them.
What Do You Need To Start A Pest Control Company?
Starting your own pest control company from scratch can be a complex endeavor. First, you need to know what kind of pests you want to specialize in. For example, some pest control companies will focus mainly on termites, while other companies have a much broader range of pests that they are willing to handle.
Next, you will need to make sure that you have everything that you need to start your own pest control company. Here is a look at some of the must-have items that you will need to get:
- Business insurance
- Business license and registration
- Pest control equipment
- Uniform with your company's name on it
- Company transportation
To ensure that your business can reach as many people as possible, you will also need a business website and business cards.
What Are The Benefits Of Joining A Pest Control Franchise?
There are quite a few benefits of joining a franchise, which include:
- Brand recognition: When you start your own company, it can take years before you can build the kind of trust that you need to have a successful business. As a franchisee, from the first day that you open your doors, your company is connected with a recognizable name that has already gained a reputation in your area.
- Higher success rate: If you don't have extensive business knowledge, you could make a lot of common mistakes if you own your own independent company. However, if you join a franchise, you are teaming up with a company that already has a proven business model, which gives you higher success rates.
- Higher profits: Generally, franchisees have higher profits each year. This is mainly due to the fact that they already have a loyal customer base before they even open their doors.
- Business support: Usually, when you join a franchise, the difficult part of starting a business is already done for you. Many franchisors will provide the equipment, uniforms, advertising plans, and much more. They will also provide training and support to help ensure that your business is successful.
Joining a franchise can help to take some of the stress out of owning your own business, while still giving you the freedom that comes with being a business owner.
What's The Best Pest Control Company To Franchise With?
Truly Nolen is one of the best pest control companies to franchise with. We have more than 80 years of industry experience and offer a wide range of benefits to our franchisees, which include technical support, marketing materials, a reliable customer service system, a one-of-a-kind training program, and much, much more! If you have been wanting to start your own pest control business in Oklahoma, contact us today to learn how we can help make your dream a reality.
