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PatchMaster

The Most Common Fears About Owning a Franchise

The Most Common Fears About Owning a Franchise

Owning a franchise can be a great opportunity for entrepreneurs, but it also comes with fears and concerns. The main concerns are common franchise fears: money risks, lack of control, and finding the right opportunity.

Overcoming Franchise Funding Fears

Financial risk is one of the biggest fears for those considering buying a franchise. Investing in a franchise can be a significant financial commitment. Investing money in a business or borrowing money to start a franchise can be very intimidating for some people.

All businesses have financial risks. Franchisors like PatchMaster, offer comprehensive training and support to help franchisees succeed. Additionally, many franchise companies also offer financial assistance for those who qualify.

 Financing a PatchMaster Franchise

Securing funding is critical when buying a franchise, and we understand that. We have joined with top funding experts to provide a wide range of funding options for almost any business situation. Our partners have supported our franchisees in starting their own businesses, and they can do the same for you.

PatchMaster has partnered with Benetrends to jumpstart your entrepreneurial journey. Funding is one of the most important components in buying a franchise. Benetrends has provided funding for American entrepreneurs for over 35 years, offering various funding options for different business situations.

The most popular programs are the Rainmaker Plan® (IRA/Rollover) and SBA small business loan programs. And they continue to provide innovative solutions with their newest funding option, The Rainmaker Advantage Plan®.

Running Your Franchise

Many franchise owners worry about not having enough control over their business when running it daily. Franchisees fear losing control over daily business decisions and being restricted by the franchisor’s rules and regulations. Franchisees must follow rules from the franchisor, but these rules are put in place by the franchisor to help support the franchisee’s success.

PatchMaster provides strong support and guidance to help franchisees run their businesses well, and our franchisees have more freedom to make decisions than a typical corporate setup.

Finding the Right Franchise

Another fear many people have when considering franchise ownership is finding the right franchise opportunity. With so many options available, trying to find the perfect fit can be overwhelming. Also, people fear choosing the wrong franchise and failing.

This is why it is important to research and carefully evaluate each opportunity before deciding. It’s a good idea to ask franchise experts and talk to other franchisees to understand the industry better.

Are you an entrepreneur looking for a recession-resilient franchise opportunity? If so, PatchMaster may be the perfect fit for you. Our franchise model is affordable and simple, with training and support provided to franchisees and scalable, so you can open multiple locations and grow your business over time.

Why You May Want to Start a PatchMaster Franchise

As a franchise business owner, you’re in business for yourself, but not by yourself. We understand that starting a business is a big financial and emotional investment. That’s why we’ve developed a proven franchise business model that provides all the support you need to achieve your financial and professional goals while positively impacting your community.

As a PatchMaster franchisee, you’ll be part of a community of like-minded individuals passionate about delivering outstanding service and quality to their customers. You’ll benefit from local and national support in various key areas, including operations, business coaching, marketing, recruiting, accounting, insurance, licensing, and equipment maintenance.

Our extensive, best-in-class training program will equip you with all the skills and knowledge you need to run a successful PatchMaster franchise. We’ll provide customized advertising and in-house marketing services to help you reach your target audience and stand out in your local market. Plus, we have a strong network of partners who ensure you have access to cutting-edge industry technology and tools to stay ahead of the competition.

As part of our close network of franchise peers, you’ll benefit from proactive, collaborative business support from PatchMaster’s Headquarters and other franchises throughout the U.S. and Eastern Canada.

PatchMaster Franchise History

PatchMaster Franchise, LLC started with a niche concept: minor drywall repair. With the appeal of a home-based, scalable, and low-investment business model, our founding franchisees set out to prove its success as a scalable business model. Despite having no drywall experience, their entrepreneurial drive propelled them to become successful business owners.

Within 18 months, all three offices were thriving, and with a solid business model in place, PatchMaster Franchise, LLC, began offering franchises in October 2017. Today, PatchMaster has expanded to over 150 territories to more than 80 franchisees across the United States and Canada, and we are expanding rapidly.

PatchMaster now provides residential and commercial customers with fast and professional drywall, sheetrock, and plaster repair solutions. While many handymen, drywall companies, and contractors avoid minor repairs, we focus on fixing holes caused by renters, plumbing leaks, and unfinished DIY projects. We can complete most repairs with one visit and even offer paint matching.

Our experienced home services franchise professionals support every PatchMaster franchise owner, helping them to exceed their expectations and achieve their goals.

Why Choose PatchMaster

PatchMaster is the fastest-growing drywall repair brand in the industry. With over 125 franchised areas awarded already, PatchMaster offers one of the best low-cost investments for entrepreneurs like you looking to build a scalable, thriving business.

We’re committed to dominating the home services category known as “small-drywall repair” through excellent customer service and flawless patches. Our business model is simple yet brilliant: we specialize in drywall repairs others don’t want to do. Homeowners lack the expertise, drywall companies avoid small jobs, and other trade professionals (ex. plumbers, electricians, etc.) need someone to fix the holes they leave behind.

A Successful Franchise Business Model

Our franchisees are the key to our success. Our business model puts you on the fast track to success. Our framework, training, and support help you succeed in the profitable home services market.

Our franchise business model aims to help you achieve your financial and professional goals while positively impacting your community. Joining our franchise family means joining a community of people who are committed to providing great service and quality to customers.

You’ll benefit from:

  • Local and national support in the areas of operations, business coaching, marketing, recruiting, accounting, insurance, licensing, and equipment maintenance
  • Extensive, best-in-class training at our corporate training facility
  • Custom advertising and in-house marketing services
  • Strong network of partners who ensure cutting-edge industry technology and tools
  • A close network of franchisees throughout the U.S. and PatchMaster’s Headquarters to provide proactive, collaborative business support

Join a Community of Like-Minded Entrepreneurs

Becoming a PatchMaster franchise means joining a community of entrepreneurs focused on providing excellent service to customers. Our franchise owners aim to offer excellent service and quality to customers while reaching their financial and professional objectives.

We foster a culture of collaboration and support where franchise owners can learn from each other and share best practices. Our strong network of franchisees throughout the U.S. and Eastern Canada, PatchMaster’s Headquarters, provides proactive, collaborative business support.

If you want to learn more about PatchMaster, please contact us today. We’re here to answer any questions and assist you in starting your journey to becoming a successful franchise owner.

Contact us to speak with our franchise development coach. Begin your successful business with the industry’s best support and training.

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© 2024 PatchMaster Franchise, LLC. All Rights Reserved.

PatchMaster® is a registered trademark of PatchMaster Franchise, LLC. Each PatchMaster Franchise Office is Independently Owned and Operated. Nothing on this website is intended, and shall not be deemed to constitute, an offer to sell a franchise. Franchise offerings made only by a Franchise Disclosure Document. THESE FRANCHISES HAVE BEEN REGISTERED UNDER THE FRANCHISE INVESTMENT LAW OF THE STATE OF CALIFORNIA. SUCH REGISTRATION DOES NOT CONSTITUTE APPROVAL, RECOMMENDATION OR ENDORSEMENT BY THE COMMISSIONER OF CORPORATIONS NOR A FINDING BY THE COMMISSIONER THAT THE INFORMATION PROVIDED HEREIN IS TRUE, COMPLETE AND NOT MISLEADING. This advertisement is not an offering. An offering can only be made by a prospectus filed first with the Department of Law of the State of New York. Such filing does not constitute approval by the Department of Law. The Minnesota registration number for this franchise system # F-8380.

Bev ThorneChief Marketing Officer
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“I am honored to be a part of the PatchMaster team, focusing on elevating our marketing initiatives. My goal is to enhance brand visibility and attract more customers for all of our franchisees, creating a win-win scenario for everyone. I am eager to work with you to achieve remarkable success in the drywall repair market.”

Bev Thorne, an award-winning CMO with deep experience in both sales and marketing at AT&T, JP Morgan Chase and Century 21 Real Estate among others, serves as PatchMaster’s Chief Marketing Officer

Bev oversees all franchise marketing operations, including brand messaging, social media marketing, demand generation and franchise marketing support. She is passionate about people development, with a history of implementing marketing initiatives that fuel impressive revenue growth results.

Kevin Gray
Kevin GrayExecutive Business Coach
Linkedin
“I am truly honored to be part of the PatchMaster, undoubtedly one of the best Franchisors in the industry. Working alongside our franchise owners, who bravely venture into entrepreneurship, is a humbling experience. It is extremely gratifying to share in their successes as they build their business with the support of such a devoted team.”

Kevin Gray brings a wealth of experience in business development, sales management, and strategic partnerships to PatchMaster. With a proven track record of driving revenue growth and nurturing client relationships, Kevin is an ideal guide for our franchisees as they embark on their entrepreneurial journey.

Kevin’s consultative approach and knack for fostering strong business connections are valuable assets in helping our franchisees thrive.

Katie Longmore Franchise Administration & Support
Linkedin
“As a part of the PatchMaster team, I have the opportunity to help individuals succeed as entrepreneurs and build their dreams. It is rewarding to be able to see our franchisees flourish.”

Katie Longmore serves as PatchMaster’s Franchise Administrator. Katie is highly motivated and results-driven, with comprehensive experience in business administration. With her passion for excellence, she brings a wealth of knowledge and skills to PatchMaster.

Katie’s academic background is in Business Administration. She has honed her skills through years of experience in the industry, during which time she has become proficient in project management, business development, and operations management. Her strong communication skills and ability to create and maintain customer relationships make her a valuable asset to the PatchMaster organization.

She is passionate about helping new franchise owners get up and running smoothly and is committed to providing them with the support and guidance they need to succeed.

Christian Clavadentscher

Christian Clavadentscher Executive Business Coach

Linkedin
“I am proud to be part of a company dedicated to providing its franchisees the best possible training, support, and tools to scale their business quickly. It is incredibly fulfilling to help our franchisees unlock their full potential and achieve financial success while building their own businesses with the support of PatchMaster.”

Christian Clavadetscher is a highly skilled franchise business coach and financial expert with a proven track record of success in driving business growth and generating revenue. As the owner of PatchMaster Serving Cape Fear, he understands the ins and outs of franchise ownership. As a former director-level investment banker and entrepreneur partner, he brings a unique perspective to PatchMaster’s franchisees. 

With deep expertise in managing all aspects of new business development, multi-account oversight, deal negotiations, and complex financial transactions, Christian provides PatchMaster’s franchisees with unmatched comprehensive business coaching services that help franchisees achieve their financial goals and succeed in their entrepreneurial dreams.

Joe Eible

Joe EibleVice President of Operations

Linkedin
“Being a member of the PatchMaster family has been a rewarding experience, especially in forming valuable relationships with our network of franchisees and having the privilege of hearing their inspiring success stories.”

As the Vice President of Operations at PatchMaster, Joe Eible brings over 20 years of experience in IT, process improvement, and customer service to his role. 

Joe joined PatchMaster in 2019 as director of franchise support and has been instrumental in driving the company’s growth and success. He oversees all aspects of the company’s operations, including franchise support, training and development, onboarding, and IT.

Paul Ferrara

Paul Ferrara Chief Executive Officer

Linkedin
“I am incredibly proud of our franchise-first culture, which attracts highly talented and motivated franchisees to our company. Our focus on providing the best-in-class training and support has helped our franchisees to succeed and grow their businesses quickly. With a proven business model and a commitment to excellence, PatchMaster is the ideal choice for anyone looking to start a successful drywall repair franchise.”

Paul Ferrara is a results-driven executive with a successful track record in the franchising industry. He currently serves as the CEO of PatchMaster, a leading franchise business specializing in drywall repair and installation services.

With over 25 years of experience in sales, marketing, and business development, Paul keenly understands how to grow businesses and deliver value to customers. He is a strategic thinker with a strong focus on innovation and operational excellence.

Under Ferrara’s leadership, PatchMaster has experienced rapid growth and expansion, with new franchise locations opening regularly. Ferrara is passionate about providing franchisees with the tools and support they need to succeed and maintain PatchMaster’s position as the top choice for drywall repair services. With a focus on innovation and customer service, Ferrara is committed to ensuring that every PatchMaster franchisee has the resources and support they need to build a successful business.

Prior to his current role, Paul held senior leadership positions at several franchising companies, including HouseMaster Home Inspections, Realogy, and Coldwell Banker Corporate. He has a deep understanding of franchising and is passionate about leveraging it to drive business growth and customer success.

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