Business View Magazine - May 2024

Through a structured series of in-person classes over six months followed by an intensive 18-month coaching period, franchisees are equipped with the knowledge and skills needed to thrive in the competitive flooring market. Within their first year, franchisees who successfully execute the business model will be stable and growing, but at the 24-month mark, franchise owners will have a professionally run and managed business. So, from pre-launch training to operational scalability, the company’s onboarding is designed to take new franchise owners from A to Z as quickly as possible. Generally speaking, becoming a franchise owner requires a $200k to $300k investment, with the average being around $230k to get fully up and operational.However, even if a prospective franchisee has the capital, it means nothing if they do not have Then we have some great boutique partners like Cali and Happy Feet… these suppliers are critical to our franchisees’ success,” Wood explains. By fostering collaborative relationships with suppliers, Floor Coverings International ensures that franchisees have access to top-tier products and expertise, enabling them to deliver unparalleled service and customer satisfaction. A GROWTH-ORIENTED CULTURE OF TRAINING AND SUPPORT Floor Coverings International’s comprehensive training and support programs set the standard for franchisee success. Before franchisees get to the point of interacting with suppliers and partners, they are provided with a robust onboarding process that includes the aforementioned week of sales and estimation training. 129 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 05 FLOOR COVERINGS INTERNAT IONAL