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The most common partnerships in business are dealership models, franchise models and supplier models. A dealership partnership is a sort of hybrid of the franchise and supplier models.
As a franchisee, you must have the same name as your franchisor. You also have to pay fees to be able to use that name among other costs. In the franchisor/franchisee relationship you will get some training, but the training is often with many other franchisees so it tends to be less hands-on and more watch-and-learn focused. One of the pitfalls of a franchise relationship is that your business is affected by any negative reviews your fellow franchisees get.
As a supplier for a brand, you will have your own business name and simply supply your partner’s products to your community. This relationship comes with quick training that can be in-house or via videos. You may or may not have the opportunity to be the exclusive supplier within a given region.
The dealership partnership lets you establish your own business with your own name, but behind the scenes, your partner has your back. Essentially as a dealer, you will be utilizing our top-of-the-line products in your concrete floor finishing projects. You will get intensive hands-on training at our facilities on how to use our finishes to get phenomenal results.
We at Your1DayFloorCoatings.com want to help entrepreneurs create their own businesses. That’s why our training is designed to help you from the ground up. We will train you on our products and how to set up the business, but you have the freedom to create your own name and brand identity.