Chem-Dry’s Cost Savings Programs Let Franchise Owners Keep More Revenue
Controlling expenses around marketing and other core business operations allows the business to expand services and grow market share
Smart business owners want to earn a lot of income — and keep it. That’s certainly true of Chem-Dry floor cleaning franchise owners, and thanks to programs that keep costs down, they’re achieving both goals.
“No matter how good the economy, costs of doing business can rise,” says Doug Smith, Senior Vice President of Franchise Development. “Even so, there are always measures to be taken to keep expenses under control. Chem-Dry works hard to keep our administrative costs down, and to pass those savings along to franchise owners.”
Multiple costs are monitored and controlled
In the past year, Chem-Dry cleaning franchise owners have seen savings on cleaning solutions. Those costs have remained the same despite rising production prices. Other areas where savings have been realized include marketing, where more is being spent on local marketing and services at no additional cost to the franchise owners.
“We want to ensure that Chem-Dry franchises are financially healthy and growing, and one way we can do that is by keeping overhead down whenever and wherever we can,” Smith says. “We have been able to absorb the prices of raw goods and not pass those along, which helps franchise owners plan their costs more accurately, and put their revenues into business growth and expansion.”
Flat fee also keeps franchise costs in line
In addition to savings such as these, Chem-Dry carpet cleaning franchise owners also benefit from a flat monthly franchise fee. That means when revenues rise, the fee stays the same — allowing for even more predictability around recurring expenses.
“Chem-Dry is founded on the idea that the more control franchise owners have over their income, the more they can grow their business,” Smith says. “All our decisions, whether that’s on marketing campaigns or R&D for new products, factor in the expense to franchise owners and how we can keep those down.”
Chem-Dry is the world’s largest carpet and upholstery cleaning franchise with nearly 3,500 franchises in 55 countries, serving 11,000 homes and businesses a day. Chem-Dry has been Entrepreneur magazine’s top-rated carpet cleaning franchise for 31 straight years. The Chem-Dry Hot Carbonating Extraction process delivers a faster-drying, deeper and more environmentally friendly clean that appeals to home and business owners. In addition to carpet and area rugs, Chem-Dry provides cleaning and renewal services for tile and stone, granite countertops, leather and upholstery, air ducts, dryer vents, and new for 2019…WOOD FLOORS!