When it comes to the benefits of franchising, numerous advantages make this business model an appealing option for aspiring entrepreneurs. Franchising offers a unique opportunity to start a business with a proven concept, established brand, and ongoing support from the franchisor. One such brand that exemplifies this is Cornwell Tools’ employee-and-family-owned business, which has operated for over a century and started franchising in the 1990s. Here are a few reasons why choosing us as a franchise opportunity is a smart move:
We Don’t Charge a Franchise Fee
First and foremost, Cornwell Tools doesn’t charge a franchise fee. This is a rare benefit in the franchise world. Instead of adding to your initial expenses by requiring you to pay a fee for using our brand name and business model, we give you the opportunity to invest directly into your business by allocating $40,000 toward your initial inventory, enabling you to stock up and commence your sales efforts right away. This approach ensures that your capital is put to work where it matters most – in building your business from day one.
No Commercial Real Estate to Invest In
Unlike many other franchises, where finding and leasing a physical location can be one of the most expensive parts of the investment, Cornwell Tools operates using tool trucks. Your mobile truck becomes your showroom. It’s large enough to hold your inventory, and you can take it with you from site to site, allowing you to make sales on your customers’ turf.
You’ll Be Supported Throughout the Life of Your Business
Support is a crucial aspect of any franchise, and we excel in this area. We take pride in elevating our dealers’ businesses. You can trust us to provide comprehensive training and support that simplifies your job and steers your business in the right direction. Our support encompasses the following:
- Assisting you in identifying potential customers within your territory
- Guiding you through the creation of marketing materials and campaigns
- Equipping you with our time-tested business model
- Managing and supporting your operations through resources like the Ironman Business Network
As our brand evolves, you can also count on us to keep an eye on our resources, ensuring they continue to meet your needs.
A Dedicated Territory for Your Family-and-Employee-Owned Business
With Cornwell Tools, you get a dedicated territory. Unlike some franchises that provide you with a list of businesses to sell to, we allow you the flexibility to sell to anyone within your assigned territory. This means you can choose your customers and cultivate relationships with any business you see fit. Cornwell Tools isn’t just a Business-to-Business (B2B) franchise; we’re also active in Business-to-Consumer (B2C).
What Does Your Franchising Investment Get You?
When starting your Cornwell Tools franchise, your investment covers several essential elements to get your business up and running successfully. Here’s a breakdown of what your investment includes:
A Tool Truck
Your tool truck is the heart of your mobile store, allowing you to bring your products directly to your customers. The price of a tool truck can vary depending on factors like size and features. Your District Manager will guide you in selecting a vehicle that suits your business needs.
A Computer System
A robust computer system is crucial to managing your mobile franchise effectively. Your investment includes the technology to keep your business on track. The computer system is designed to help you manage various aspects of your business from anywhere, ensuring your mobile franchise runs smoothly.
You’ll receive an initial inventory package of top-selling tools to stock your mobile tool store. This package is carefully curated to meet the needs of your customers. Cornwell Tools also offers financing options to assist with purchasing this inventory, including funding to help establish receivables as your business grows.
A Computer Package
In addition to the computer system mentioned earlier, your investment includes a comprehensive computer package. This package comprises the latest hardware and software necessary for managing all aspects of your daily business operations. Having the right technology in place enables efficient management and organization.
Cornwell Tools understands the financial challenges of starting a business. That’s why we offer financing assistance to help you get your business off the ground. Our in-house financing option is popular among new dealers, covering the initial inventory and providing support for other essential expenses.
Investing in a Cornwell Tools franchise gives you access to a complete package that equips you with the necessary tools, resources, and financing assistance to launch and grow your business successfully. With a focus on supporting your entrepreneurial journey, Cornwell Tools is committed to helping you thrive in the mobile tool industry.
These are just a few of the reasons to choose our family-and-employee-owned franchise. Contact Cornwell Tools today to learn more about the process and what it takes to get started.