Thinking of investing in a franchise opportunity? GoliathTech CEO Julian Reusing answers some of the top questions that entrepreneurs have when it comes to investing in a franchise business. In 2013, Julian saw an opportunity to grow an existing business that had already been running for nine years and was for sale. He bought it and turned it into a franchise model. At that time he saw an opportunity for it to expand globally.
Today, GoliathTech is the most important manufacturer and installer in the helical pile industry globally and a top-ranking franchisor. The company has been ranked in Entrepreneur’s Franchise 500Ⓡ in 2021 and is continuing to expand worldwide in countries and regions such as the United States and Europe. A constant innovator, GoliathTech inspires entrepreneurs to follow their dreams.
1. Why is investing in a franchise a good way to start a business?
Starting a business from scratch is extremely expensive and time-consuming. It can take a year or more of set-up time. People buy into franchise systems so they can benefit cost-wise from a fully existing business model and get started immediately. For instance, it’s much easier to buy a pickup truck, a trailer, and a mini-excavator as our franchise owners do than it is to build an entire infrastructure. GoliathTech offers a very quick setup time for franchise owners and doesn’t have high royalty fees like other franchise models. In fact, we have no royalty fee setup so that makes it nice and easy to start out.
2. What service or need does a GoliathTech franchise fulfill?
For hundreds of years, people have done foundation footings for buildings by digging a hole and dropping cement into it. This method is extremely slow and painful. Times have changed and new technologies like helical (screw) piles are creating faster ways to complete foundations on a construction site. The need out there is speed and we fill that need!
3. How do you determine whether a franchise is a good investment?
There is no possible way to get into business and build up a new company faster than through a franchise model. It’s recognized globally in thousands of industries because it works. In our field of construction, which is growing constantly, we’re giving access to people looking to enter the sector worldwide through our simple franchise model.
Within a GoliathTech franchise, there’s unlimited growth potential. We recently got an award from Entrepreneur magazine for GoliathTech being a “best investment” franchise company. And the reason they gave us this award was because there's no cap on the amount of sales you can make. You can do street signs, posts, windmills, decks and patios, and more. And within the relatively small geographic area that you would work in, there are infinite opportunities.
4. Why is investing in a franchise that offers quality and unique products a good way to ensure your return on investment?
Well, for one thing, our product isn't easy to copy as we’re the only ones with helical pile heads that include an uplift resistance patent in the construction industry. For many other franchise models, you need huge amounts of financing. Even a simple model such as a corner store requires a huge amount of inventory. Instead of being in the millions, you can get your GoliathTech franchise going for $100,000 plus. So it's a very inexpensive franchise to get into business with that also doesn’t put a cap on growth.
5. What else do you have to consider to buy a franchise?
When looking into buying any franchise it’s very important to ensure the franchisor provides all the systems and back end you need to run your franchise with simplicity and efficiency. GoliathTech provides ALL the tools needed to run a successful franchise business from offering management software, training, and support, innovation, sales, and marketing expertise, right down to installation processes and best practices in customer care! It’s also extremely expensive to invest in R&D for new product design. At GoliathTech we rank innovation as our top priority and so franchise owners benefit from knowing they’re offering customers the best helical pile product on the market.
Are you looking for a business opportunity with unlimited growth potential?
Discover the steps to becoming a GoliathTech franchise. First off, you need to be an outgoing individual with sales and marketing skills. You will also need to be a team leader. While you don’t necessarily need to be involved in installing GoliathTech helical screw piles yourself, you will need to know how to manage a team and best represent the brand. If chosen to be a franchisee, you may be required to travel to the GoliathTech headquarters to become a GoliathTech Certified Installer. Along with headquarters training, all new franchisees may receive training on-site with a franchising coach at a customer's project. As you meet with other franchisees, you can learn from them and hear their journey to familiarize yourself with the business.
“GoliathTech offers an inexpensive way to get into business,” explains Reusing. “It is very costly to start a company from zero. And joining an established and successful company gives extremely high value to the franchise purchaser.”
GoliathTech wants you
GoliathTech is seeking entrepreneurs interested in emerging franchise opportunities in the following US states: Alabama, Arkansas, Arizona, California, Delaware, Colorado, Connecticut, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Maine, Massachusetts, Michigan, Missouri, Mississippi, Montana, New Hampshire, North Carolina, North Dakota, Nebraska, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Washington, Wisconsin, West Virginia, and Wyoming. The company is also seeking new franchisees in the following international regions: Australia/New Zealand, Middle East, Europe (Eastern), Europe (Western), Central America, Canada, South America, and Mexico.
GoliathTech is the most important manufacturer and installer in the helical (screw) pile industry and a top-ranking franchisor. Always at the forefront of our industry, we constantly innovate to realize our mission and vision of offering the highest quality products and services to customers around the globe.
If you have an entrepreneurial spirit and want to take control of your own growth potential, GoliathTech may be the perfect fit for you. With available markets all over the world, an opportunity for growth and expansion knows no bounds.
Our successful franchise model comes with many benefits—the process of becoming a franchisee is simple and low-cost with all the training and support needed. There is no profit limit nor royalty fees, and you’ll benefit from a proven business model that’s guided by experts who want to see you succeed. Join us and together, we’ll break new ground! Ready to get started?