March 31, 2021
Why Choose a Pest Control Franchise Over Starting Solo?
If you're ready to break free from working for someone else or looking for a fresh start, the idea of launching your own business can be incredibly appealing. The thought of being your own boss, having the freedom to shape your workday, and building something from the ground up is exciting. However, the reality of starting a business from scratch can be challenging. Even before the additional complications of COVID-19, research by the Bureau of Labor Statistics revealed that many new businesses struggle to survive. In fact, 1 in 5 fail within the first year, 50% close by the five-year mark, and 70% don't make it to their 10th anniversary.
A CBInsights Analysis of 101 startup founders, cited by Fortune Magazine, identified 3 main reasons why new businesses fail:
- 42% fail due to a lack of market need for their products or services.
- 29% fail because they run out of cash.
- 23% fail due to not having the right team in place.
But what if you could join a business model that addresses these risks while still giving you the freedom of small business ownership? That's exactly what the Pestmaster franchise offers.
Start a Pest Control Franchise with Strong Market Demand
One of the biggest challenges for new businesses is finding a market need. As a Pestmaster franchise owner, you don't have to worry about demand. The US Structural Pest Control market hit $10 billion in revenue last year, and it's expected to grow at a CAGR of around 5% during the period 2020−2026, according to Pest Control Technology research. This growth is driven by:
- Increased demand for integrated pest management among eco-friendly, health-conscious consumers
- Increased demand for household pest management and disinfection services
- Increased pest populations due to temperature increases resulting from climate change
As a Pestmaster franchisee, you'll also benefit from multiple revenue streams, allowing you to focus on the services you enjoy most while diversifying your income sources.
Start a Pest Control Franchise with Lower Costs and Better Planning
Nearly 30% of small businesses fail because they run out of cash, but with a Pestmaster franchise, you can avoid this common pitfall. Our streamlined business model is designed to keep start-up costs low and lets you scale your business at your own pace. We provide clear guidance on initial costs, enabling better financial planning. Plus, our franchise owners benefit from ongoing discounts on supplies and equipment, and our efficient training program ensures you get the education you need without unnecessary expenses.
Start a Pest Control Franchise with Unmatched Support
Another common reason for business failure is not having the right team in place. While our model supports solo ownership— Pestmaster franchisees have successfully run their businesses independently when starting out—you'll never be without support. Pestmaster offers unmatched assistance from industry experts whenever you need it. Whether it's help with backend software, marketing, inventory management, onboarding new team members, or expanding your services, we've got you covered.
