Franchise Ownership

Exploring Business Structures for Small Businesses

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When starting a small business, choosing the right business structure is a crucial decision. The structure you select can affect everything from your taxes and personal liability to your ability to raise capital. Here, we’ll explore the most common types of business structures for small businesses, their advantages and disadvantages, and why purchasing a commercial cleaning unit franchise with Corvus Janitorial Systems might be the best choice for aspiring entrepreneurs.

1. Sole Proprietorship

A sole proprietorship is the simplest and most common structure chosen to start a business. It is an unincorporated business owned and run by one individual, with no distinction between the business and the owner.

Pros:
– Simplicity: Easy to set up and operate with minimal legal paperwork.
– Control: The owner has complete control over all business decisions.
– Taxes: Profits and losses are reported on the owner’s personal tax return, simplifying tax filing.

Cons:
– Liability: The owner is personally liable for all business debts and obligations.
– Funding: It can be challenging to raise capital, as investors may be reluctant to fund sole proprietorships.
– Longevity: The business relies heavily on the owner, making it difficult to continue if the owner becomes unavailable.

2. Partnership

A partnership is a business in which two or more individuals share ownership. Each partner contributes to all aspects of the business and shares in the profits and losses.

Pros:
– Shared Responsibility: Workload and decision-making are shared among partners.
– Resources: More potential to raise capital and resources with multiple partners.
– Simplicity: Relatively easy to establish compared to a corporation.

Cons:
– Liability: Partners are personally liable for business debts and actions of other partners.
– Disputes: Potential for conflicts between partners, which can harm the business.
– Taxes: Each partner must report their share of profits on their personal tax returns.

3. Limited Liability Company (LLC)

A limited liability company (LLC) is a hybrid structure that combines the liability protection of a corporation with the tax benefits and operational flexibility of a partnership or sole proprietorship.

Pros:
– Liability Protection: Owners (members) are protected from personal liability for business debts.
– Flexibility: Can be taxed as a sole proprietorship, partnership, or corporation.
– Credibility: Often seen as more credible than a sole proprietorship or partnership.

Cons:
– Cost: More expensive to form and maintain than a sole proprietorship or partnership.
– Regulations: Varies by state, with more formalities and regulations to comply with.
– Complexity: More complex to set up, requiring an operating agreement and other documentation.

4. Corporation

A corporation is a legal entity that is separate and distinct from its owners. Corporations can own property, be held liable, pay taxes, and enter into contracts independently of their owners.

Pros:
– Liability Protection: Shareholders are protected from personal liability for corporate debts.
– Capital: Easier to raise capital through the sale of stock.
– Perpetuity: Can continue indefinitely, beyond the involvement of original owners.

Cons:
– Cost: Expensive to establish and maintain, with more regulatory requirements.
– Taxes: Subject to double taxation, where the corporation pays taxes on profits and shareholders pay taxes on dividends.
– Complexity: Requires extensive record-keeping, operational processes, and reporting.

Why You Should Consider a Commercial Cleaning Franchise with Corvus

While starting a business from scratch can be rewarding, purchasing a commercial cleaning unit franchise with Corvus Janitorial Systems offers numerous advantages that can make it a more attractive option for potential business owners.

Established Brand and Reputation

When you join Corvus, you benefit from an established brand with a strong reputation in the janitorial services industry. This recognition can help you attract clients more easily compared to starting a new business from the ground up.

Proven Business Model

Corvus Janitorial Systems provides a proven business model, reducing the uncertainty and risk often associated with new businesses. You gain access to tested processes, marketing strategies, and operational support, setting you up for success from day one.

Comprehensive Training and Support

Franchise owners receive comprehensive training and ongoing support from Corvus. This includes assistance with marketing, operations, and management, ensuring you have the knowledge and resources needed to run your business effectively.

Access to Resources

As part of the Corvus network, you have access to a wealth of resources, including bulk purchasing power, advanced cleaning technologies, and a community of fellow franchisees. This support can give you a competitive edge in the market.

Financial Benefits

Franchising with Corvus can also offer financial benefits. The brand’s established business model can lead to quicker profitability, and the franchisor’s support reduces the risk of costly mistakes. Additionally, many lenders are more willing to finance franchises due to their proven track record.

Conclusion

Selecting the right business structure is a vital step in your entrepreneurial journey. While sole proprietorships, partnerships, LLCs, and corporations each offer unique advantages and disadvantages, purchasing a commercial cleaning franchise with Corvus Janitorial Systems provides a compelling alternative. With an established brand, proven business model, comprehensive support, and access to resources, franchising with Corvus can pave the way for a successful and rewarding business venture.

Contact us to discover how you can join our expansive team and start your business ownership journey with Corvus Janitorial Systems today.

Franchisee Spotlight: Earnest McCoy, Corvus of Chicago

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May’s Franchisee Spotlight Series features Corvus of Charlotte Franchise Owner Mr. Earnest McCoy. Read on to learn more about the standout Franchisee who goes above and beyond to Make Lives Better!

To keep up with the Franchisee Spotlight Series and all things Corvus, follow us on Instagram! @corvus_janitorial_franchising

For our May spotlight, Corvus is excited to highlight the exceptional work of Franchise Owner Mr. Earnest McCoy of Corvus of Chicago. Mr. McCoy embarked on his journey with Corvus in April 2020 and has since secured an impressive 17 accounts. His dedication and hard work have earned him the title of Franchisee of the Month twice, once in September 2020 and again in October 2022.

Expertise and Specialization

Mr. McCoy is known for his expertise in carpet cleaning, taking on any carpet cleaning jobs that the Corvus of Chicago office offers. His specialization and willingness to tackle any task have made him a valuable asset to the Corvus team.

Building Strong Customer Relationships

One of the most noteworthy aspects of Mr. McCoy’s business practices is his commitment to developing strong relationships with his customers from the moment he meets them during walkthroughs. His dedication to maintaining good communication with customers has been instrumental in his success and will continue to grow his customer base.

Commitment to Customer Satisfaction

Customer feedback is paramount to Mr. McCoy. “He always wants customers to go to him first with any items to address, so he can fix them right away and earn well-deserved compliments!” says Dave Ronning of Corvus of Chicago. This proactive approach to customer service sets him apart and ensures high levels of customer satisfaction.

Sharing Wisdom and Success

Throughout his time with Corvus, Mr. McCoy has gained valuable insights and wisdom, which he generously shares with others. His advice, “to make your business what you want it to be,” underscores the importance of personal vision and dedication in achieving success. He believes that building a strong business allows you to “have checks that can take care of your family.”

Looking Forward

Mr. McCoy’s journey with Corvus is a testament to the power of hard work, dedication, and excellent customer service. We are proud to highlight his achievements and look forward to learning more from his inspiring success story. Congratulations, Mr. McCoy, on your remarkable accomplishments, and here’s to many more years of growth and success!

Franchisee Spotlight – Damian & Hannah Cogar, Corvus of Cincinnati

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April’s Franchisee Spotlight Series features Corvus of Cincinnati Franchise Owners Damian and Hannah Cogar. Read on to learn more about the standout Franchisees who go above and beyond to Make Lives Better!

To keep up with the Franchisee Spotlight Series and all things Corvus, follow us on Instagram! @corvus_janitorial_franchising

This April, we are excited to shine the spotlight on Corvus of Cincinnati franchise owners Mr. Damian Cogar and Mrs. Hannah Cogar, who joined the Corvus family in April of 2022. In just two years, the Cogars have achieved remarkable growth, expanding their operations by an awe-inspiring 200%!

Since purchasing their franchise, the Cogars have quickly become known for their diligence and exceptional management skills. Mr. Brian Peters, Chief Operating Officer of Corvus of Cincinnati, describes them as “highly diligent in managing their team while responding immediately to their customers.” Their proactive approach has not only fostered trust but also driven substantial growth in their business.

Josh Dayton from the Corvus Cincinnati office notes that despite the demanding nature of the cleaning industry, the Cogars consistently excel in staying on top of emails, inspection reports, phone calls, and text messages. Their ability to juggle high-quality cleaning services with effective communication is a testament to their hard work and dedication.

Angie Hurt, also from the Corvus of Cincinnati office, highlights Hannah Cogar’s meticulous communication skills and timely follow-ups as key factors in their success. Together, the Cogars form a formidable team, always ready to assist and uplift others within the Corvus community. Tony Roberto of Corvus adds a personal touch by sharing, “Hannah always asks him ‘how her Corvus family is doing?’, and that she is a joy to work with!”

As we celebrate the Cogars’ first anniversary with Corvus, we look forward to witnessing their continued success and growth. Their journey illustrates the powerful combination of teamwork, dedication, and the relentless pursuit of excellence. Here’s to many more years of achievements and milestones for the Cogars with Corvus!

Franchisee Spotlight – Shon Hall, Corvus of Charlotte

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March’s Franchisee Spotlight Series features Corvus of Charlotte Franchise Owner Mr. Shon Hall. Read on to learn more about the standout Franchisee who goes above and beyond to Make Lives Better!

To keep up with the Franchisee Spotlight Series and all things Corvus, follow us on Instagram! @corvus_janitorial_franchising

This month, we are thrilled to celebrate the one-year anniversary of Mr. Shon Hall with Corvus of Charlotte. Since embarking on his journey with Corvus on March 21st, 2023, Mr. Hall has exemplified what it means to be an outstanding franchise owner, setting a new standard for excellence within our community.

“Mr. Hall has raised the bar on being the perfect franchise,” proclaims Ms. Jodean Davis from the Corvus of Charlotte office. His commitment to excellence is evident in the way he has serviced his accounts, earning him yearly increases and renewals from many of them. His exceptional cleaning performance and unwavering consistency are testaments to his strong work ethic and dedication to Making Lives Better.

What sets Mr. Hall apart is not just his skill in maintaining the highest standards of cleanliness but also his professionalism and exceptional interpersonal skills. “He interacts with all of them,” Ms. Davis notes, highlighting the appreciation and respect Mr. Hall garners from both colleagues and customers alike. His ability to create and maintain positive relationships has contributed significantly to his success and the high regard in which he is held.

For those new to the Corvus Franchise family, Mr. Hall’s journey offers a blueprint for success. Emulating his dedication, professionalism, and positive attitude can set new franchise owners on a path toward achieving their own goals and milestones. Mr. Hall’s journey underscores the importance of leading by example, demonstrating that hard work and commitment are key to thriving in this business.

“Never complains and makes working with him a pleasure for all,” Ms. Davis emphasizes, shedding light on Mr. Hall’s positive and solution-focused mindset. His approachable nature and willingness to collaborate have made him a beloved member of the Corvus family and a joy to work with for both our team and his clients.

As we commemorate Mr. Hall’s first year with Corvus, we not only celebrate his past achievements but also look forward to his continued success. His story is a testament to the impact that one individual can have through dedication, excellence, and a positive attitude.

Congratulations, Mr. Shon Hall, on your many accomplishments over the past year. Your journey inspires us all, and we eagerly anticipate witnessing the further contributions and achievements you will bring to the Corvus Family in the years to come. Here’s to many more milestones and successes in your future with Corvus of Charlotte!

Franchisee Spotlight – Christopher Davis, Corvus of St. Louis

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February’s Franchisee Spotlight Series features Corvus of St. Louis Franchise Owner Mr. Christopher Davis. Read on to learn more about the standout Franchisee who goes above and beyond to Make Lives Better!

To keep up with the Franchisee Spotlight Series and all things Corvus, follow us on Instagram! @corvus_janitorial_franchising

This February, we are excited to shine the spotlight on an exceptional member of our Corvus family, Mr. Christopher Davis. A distinguished Franchise Owner in St. Louis since 1998, Mr. Davis has become a pillar of excellence and dedication within our community.

For over two and a half decades, Mr. Davis has not only maintained but thrived in his role, servicing one of his initial accounts for an impressive 26 years. His commitment to quality and consistency has set a benchmark for service excellence within the Corvus franchise network.

Mr. Davis’s journey with Corvus is a family venture at heart, with several of his siblings also joining the ranks as franchise owners. Together, they have woven a strong fabric of support and shared success, underlining the values of unity and collaboration that Corvus stands for.

Ms. Robyn Hall, from the Corvus of St. Louis office, regards Mr. Davis as “the gold standard for St. Louis Franchisees.” His unparalleled work ethic and impeccable standards in presentation and service delivery are commendable. “He is always working hard and dressing to impress,” she notes, highlighting the professionalism that Mr. Davis embodies.

In conversing with Mr. Davis, he shared the cornerstone principles that have guided his prosperous journey: patience, pride in one’s work, inclusive growth, and a passionate commitment. He emphasizes the importance of passion, stating, “Without passion, you can easily give up and let the tough times get to you.” This mindset has not only seen him through challenges but has also paved the way for remarkable achievements, including international travel and providing college education for his children.

For those embarking on their entrepreneurial journey or looking to expand, Mr. Davis offers a golden nugget of advice: “Communicate. Always follow up with complaints immediately, and touch base with accounts several times a month.” This proactive approach to communication and problem-solving is a testament to his success and longevity in the business.

We are incredibly proud to highlight Mr. Christopher Davis’s achievements and the positive impact he has had on the Corvus community. His story is a beacon of inspiration, reflecting the values of hard work, resilience, and community that Corvus stands for. As we celebrate Mr. Davis’s accomplishments, we look forward to continuing our journey together, aiming for many more years of shared success and growth.

Thank you, Mr. Davis, for your outstanding contribution and for setting a stellar example for Franchisees across the network. Here’s to many more years of making a difference, together.

Franchisee Spotlight – Felicia Brown-White, Corvus of Cleveland

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January’s Franchisee Spotlight Series features Corvus of Cleveland Franchise Owner Ms. Felicia Brown-White. Read on to learn more about the standout Franchisee who goes above and beyond to Make Lives Better!

To keep up with the Franchisee Spotlight Series and all things Corvus, follow us on Instagram! @corvus_janitorial_franchising

For our first month of the new year, Corvus is excited to spotlight Franchise Owner Ms. Felicia Brown-White.

Ms. Brown-White has been a Franchise Owner with Corvus of Cleveland since June 2023. In that short period of time, she has already grown her business significantly!

“She does a good job making friends with her customers who love how much she smiles and how much effort her team puts into her work,” says Mr. Johnny Lunsford, the Cleveland Assistant Regional Director. “She realizes the importance of playing the long game in her business and invests now so she can have bigger payoffs later.”

Ms. Brown-White is a world class communicator who always makes sure to keep the Cleveland office updated not only on her weekly accounts but her monthly cleans as well. Her attention to detail and care for her customers makes everyone who works with her happy and confident in her future success. Another thing that is so remarkable about Ms. Brown-White is her wonderful attitude, while she and her employees are doing quality work, she is continuously showing her positive mindset to all that she interacts with.

After only six months with Corvus of Cleveland we cannot wait to see how much success and growth Ms. Brown-White will enjoy in the coming years!