Advantages and Disadvantages of DSSM Business Methods
Advantages For DSSM Business Partner
The DSSM Business Partner is the buyer who purchases the brand/use rights from the Design Spread Sheet Method (the brand owner). The DSSM Business Partner pays a Training/Certification fee to the Design Spread Sheet Method for the rights to use their brand and ongoing Business Relationship Agreement monthly fees for using web-based software. The DSSM Business Partner has no financial ownership with roomdesignit.com or Design Sheet Sheet, LLC.
1. Business Assistance
One of the benefits of a Business Relationship Agreement for the DSSM Business Partner is the business assistance they receive from the Design Spread Sheet Method.
Depending on the business relationship agreement’s terms and the business’s structure, the DSSM Business Partner will receive a unique business operation software method.
Design Spread Sheet Method may provide the brand, the software, training videos, and the advertising plan—essentially everything they need to operate the business.
All DSSM Business Partners provide the knowledge and wisdom of the Design Spread Sheet Method.
The information and knowledge are placed in a searchable, digital knowledge base or is a phone number to directly contact the Design Spread Sheet Method. The DSSM Business Partner has access to knowledge of business assistance to direct them through the process of owning and managing a business. This knowledge is essential to operate a successful business and makes it much easier than starting a business from scratch.
The Design Spread Sheet Method will provide the following:
- Access to all the Certificate materials for trained individuals
- Sample completed space forms for individuals to use for learning and selling projects
- Training videos and in-person to increase your skills in designing and selling the project
- All interior design space/room forms: Discovery, Information, Proposal, Estimate, and Invoice forms.
- Access to these items by using the individual’s Certification code.
2. Brand recognition
Brand recognition is a significant benefit a DSSM Business Partner receives when opening a Business Relationship Agreement.
If you start a business from the beginning, you would have to assemble your brand and customer base from the foundation up, which would take a while.
On the other hand, DSSM Business Partners are well-known businesses with established customer bases or new startup businesses.
So when you open a DSSM Business Partner with this recognizable branding, people will automatically know what your business is, what you provide, and what they can expect./
Identify your niche:
- The niche is residential new and remodeling projects.
- The Design Spread Sheet Method has a unique design procedure that helps the decorator identify the wants and needs of the customer’s space.
- Our decorators can work alone or with the customer to find the right design for their space project.
Establish strong brand identity: Design Spread Sheet has an easily recognizable image with a strong brand identity, using a logo, brand colors, blogs, infographics, and pictures.
Share your business story: the author’s unique story of being an interior decorator/contractor was the reason for the design forms to guide the decorator and client to the best design choices for the project.
Apply marketing techniques: SEO strategies to build Google ranking and awareness, blogs with great content, advertisements or Google and Facebook.
3. Lower failure rate
DSSM Business Partners will generally have a lower failure rate than solo businesses.
When an individual or business buys into a DSSM Business Partner, they join a successful brand and a network that will offer them support and advice, making it less likely they’ll go out of business.
Design Spread Sheet Method has already proven its business concept, so you have the reassurance that the products or services you’ll be offering are in demand.
Joining a Company and a method: Great support and advice will keep your business making sales and money.
4. Buying power
Another benefit of DSSM Business Partners is the sheer size of the network.
If you’re operating a standalone business and need to order products or supplies to make your products, you’re paying more money per item because your order is relatively small.
However, a DSSM Business Partners network can purchase goods at a deep discount by buying in bulk.
The Design Spread Sheet Method can use the network size to negotiate deals from which every DSSM Business Partner benefits.
A lower cost of goods lowers the overall operating costs of the DSSM Business Partner.
5. Profits
In general, DSSM Business Partners see higher profits than independently established businesses. Most DSSM Business Partners have recognizable brands that bring customers in droves.
This popularity can result in higher profits.
Even DSSM Business Partners that require an initial investment for training/certification for the DSSM Business Partner will see a high return on investment.
More customer information: more customers will share their knowledge concerning their design projects.
More design proposals: more proposals can be developed in a short period.
More sales: more information and proposals should increase sales and profit.
6. Lower risk
Starting a business is risky.
This risky business is actual whether a business owner is opening an independent business or purchasing a DSSM Business Partner.
The risk is lower when opening as a DSSM Business Partner.
DSSM Business Partner owners face lower risk than independent business owners because of the DSSM Business Partner network.
This lower risk may also make it easier to access loans, including the best SBA loans, to help you launch your business.
7. Built-in customer base
One of the biggest struggles of any new business is finding customers.
DSSM Business Partners, on the other hand, come with instant brand recognition and a loyal customer base.
Even if you’re opening the first branch of a DSSM Business Partner in a small town, the likelihood is that potential customers are already familiar with the brand from exposure to web commercials or travel to other cities.
8. Be your own boss
Being your boss is one of the most significant benefits of owning a business.
When starting a DSSM Business Partner business, you get to be your own boss with the increased benefit of receiving support from the DSSM Business Partner knowledge base.
Owning a business is hard work, but when you’re your boss, you can create your schedule, have autonomy over your career, and potentially work from home.
A DSSM Business Partner gives you the benefit of being your boss without the risk of starting your own independent business.
9. Hiring Salespeople
This hiring will be a significant focus for the DSSM Business Partner to find people to talk to potential customers about their home project needs. The goal is to speak to 3-4 new people daily to ask them about their home remodeling needs. The DSSM Business Partner will need to hire many people to help them with this goal. Hiring salespeople also can be a source of income from the Certified Training cost.
- DSSM Business Partner commission will be 25% of the Certified Training cost.
- DSSM Business Partner commission will be 25% of the Monthly Forms access cost.
Disadvantages For DSSM Business Partner
While DSSM Business Partner has many advantages, there are disadvantages. Let us explain further.
1. Restricting regulations
While a Design Spread Sheet Method allows the DSSM Business Partners to be their boss, they’re only partially in control of their business, and they need to take into account the opinion of the Design Spread Sheet Method.
The most frustrating disadvantage for most DSSM Business Partners is that they must follow the restrictions in the DSSM Business Partners agreement.
The Design Spread Sheet Method can exert a degree of control over most of the Business Relationship Agreements and decisions made by the DSSM Business Partner.
2. Hiring Salespeople
This hiring will be a significant focus for the DSSM Business Partner to find people to talk to potential customers about their home project needs. The goal is to speak to 3-4 new people daily to ask them about their home remodeling needs. The DSSM Business Partner will need to hire many people to help them with this goal. Hiring salespeople also can be a source of income from the Certified Training cost.
- DSSM Business Partner commission will be 25% of the Certified Training cost.
- DSSM Business Partner commission will be 25% of the Monthly Forms access cost.
Depending on the Business Relationship Agreement, the Design Spread Sheet Method can control any of these aspects of the business:
- Business location… No restrictions.
- Hours of operation… No restrictions.
- Holidays… No restrictions.
- Pricing… No restrictions.
- Signage… No restrictions.
- Layout… No restrictions.
- Decor… No restrictions.
- Products… No restrictions.
- Advertising and marketing… No restrictions.
- Resale conditions… No restrictions.
- Hiring People… No restrictions.
- Software Usage…Each individual using the software must be Certified and trained by Designspreadsheet.com. The training fee of the users must be paid, with a monthly fee for usage. The DSSM Business Partner or the employee may pay the training fee and monthly usage.
These restrictions are implemented to maintain uniformity between the different DSSM Business Partners and the overall brand. Still, they can be frustrating and feel limiting for the DSSM Business Partner.
3. Initial cost
While the initial investment of the DSSM Business Partner fee buys a lot of benefits for the DSSM Business Partner, it can also be costly—especially if you’re joining a well-known and profitable Design Spread Sheet Method.
While this often translates to more significant profits, coming up with this initial money can strain any small business owner.
Even if you opt for a low-cost DSSM Business Partner, you’ll likely still have to front a few thousand dollars.
While this can be seen as a disadvantage of DSSM Business Partners, it’s essential to weigh the opportunity against the initial investment and find the right balance for your business.
And keep in mind there are also DSSM Business Partner financing options to help you come up with this initial cost. The DSSM Business Partner is self-employed or a company; the Design Spread Sheet Method or roomdesignit.com or Design Spreadsheet, LLC pays NO expenses incurred by the DSSM Business Partner.
Designspreadsheet.com has three methods of payment for the initial training certification:
- Paid-in-Full…$199
- Six monthly payments
- 24 monthly payments
4. Ongoing investment
In addition to the initial investment you’ll have to provide to start your DSSM Business Partner, there are additional, ongoing costs unique to the Business Relationship Agreement.
Within the Business Relationship Agreement, the ongoing costs of the DSSM Business Partner should be enumerated.
These costs might include royalty fees, advertising costs, and a charge for training services.
You’ll want to keep these ongoing fees in mind when deciding whether to start a franchise.
Access to design forms: a monthly fee of $100.00
Royalty fees…no fees.
Advertising fees…no fees.
Training fees…just the original training fees for certification.
Optional Training fees…there may be a fee for additional training.
Optional Event fees…there may be a fee for additional events.
Optional Marketing fees…there may be a fee for additional marketing.
5. Potential for conflict
While one of the benefits of owning a DSSM Business Partner is the network of support you receive, it also has the potential for conflict.
Any close Business Relationship Agreement, especially when there’s an imbalance of power, comes with a risk that the parties will get along.
While a Business Relationship Agreement states the expectations of the Design Spread Sheet Method and the DSSM Business Partner, the DSSM Business Partner has minimal power to enforce the Agreement without a costly legal battle.
Whether it’s a lack of support or simply a clash of personalities, the closeness of the business relationship between the Design Spread Sheet Method and DSSM Business Partner is rife for conflict.
A Design Spread Sheet Method should screen all potential DSSM Business Partners before entering into business with them. As the Software Developer, you should also use this opportunity to get a feel for the Design Spread Sheet Method’s personality and management style.
If both parties use these three ideas with their business, then everyone will benefit:
- Reasonable actions
- Good Taste actions
- Honest actions
6. Lack of financial privacy
Another disadvantage of the Business Relationship Agreement is a lack of privacy.
The Business Relationship Agreement will likely stipulate that the Design Spread Sheet Method can oversee the entire financial ecosystem of the DSSM Business Partner.
DSSM Business Partners can see this lack of financial privacy as a disadvantage of owning a Business Relationship; however, it may be less of an issue if you welcome financial guidance.
The Design Spread Sheet Method has only access to:
- The number of people who have been trained and have access to the software.
- There is no access to company data, proposals, or financials because of the encryption security code.
Advantages for the Developer of the Software
The advantages and disadvantages of a Business Relationship Agreement don’t solely apply to the DSSM Business Partner, of course. The Software Developer should also weigh the pros and cons before entering this business model. First, let’s explore the benefits of a Business Relationship Agreement that the Design Spread Sheet Method can enjoy.
1. Access to capital
One of the small businesses most significant barriers to expansion is the money it costs. And while there are several business loan options, they only sometimes pan out.
Business Relationship Agreements for your business will take some time and money on your end. Still, it also has the potential to make you a lot of money in the form of Business Relationship Agreement fees.
Expanding your business as a Business Relationship allows you to grow with little debt. The company develops as DSSM Business Partner and makes capital available instead of taking on debt through loans.
The Design Spread Sheet Method also shares minimal risk with the DSSM Business Partner because the DSSM Business Partner puts their name on the deed for the business’s physical location and lowers the Business Relationship’s overall liability.
2. Efficient growth
Opening the first unit of a business is costly and time-consuming.
Opening a second unit can be almost as tricky.
Sharing that burden with another business owner makes the process more efficient and takes the onus off the initial business owner.
When trying to grow your small business, starting a DSSM Business Partner can make multiple opening locations a much simpler process.
3. Minimal employee supervision
One of the significant stresses of a business owner is hiring and managing employees.
As a Design Spread Sheet Method, the only support you have to provide to the DSSM Business Partner is training and business knowledge.
The Design Spread Sheet Method has no hand in managing, hiring, and firing employees.
This minimal employee supervision allows the Design Spread Sheet Method to focus on the growth of the business instead of day-to-day operations.
Instead of worrying about whether an employee shows up for their shift, the Design Spread Sheet Method is focused on the big picture for business success.
4. Increased brand awareness
One of the many benefits of a Business Relationship Agreement is increased brand awareness.
The more locations the brand has, the more people are aware of the brand.
And the more these customers come to know and love the brand, the more profitable and successful the brand can be.
This increased brand awareness of a multi-location Business Relationship Agreement can be highly beneficial to the Design Spread Sheet Method and their DSSM Business Partner—a win-win.
5. Reduced risk
One of the most significant benefits of the Design Spread Sheet Method in a Business Relationship Agreement is the ability to expand without an increase in risk.
Because the DSSM Business Partner takes on the debt and liability of opening a unit under the name of the DSSM Business Partner, the Design Spread Sheet Method gets all the benefits of an additional location without taking on the risk themselves.
Additionally, the Design Spread Sheet Method is often further insulated because the DSSM Business Partner is incorporated as a new business entity, leaving the original business owned by the Design Spread Sheet Method as a separate entity from the DSSM Business Partner.
A Business Partner lawyer can help to set up the terms for this type of protection within the Business Relationship Agreement.
Disadvantages for the Developer of the Software
While franchisors receive many benefits from starting a franchise, there are also some disadvantages.
1. Loss of complete brand control
When a business owner opens an independent business, they maintain complete control over their brand and every decision that happens within the industry.
When a Design Spread Sheet Method allows a DSSM Business Partner to open a business under their brand, they’re giving away (actually, selling) some of the control over their small business branding.
While the Business Relationship Agreement should contain vital stipulations and rules to guide the decisions made by the DSSM Business Partner, your DSSM Business Partner won’t be a clone of you.
They will think and act differently, and your brand could suffer.
2. Increased potential for legal disputes
Any time you enter into a close Business Relationship Agreement with other people, you open yourself to the risk of legal disputes.
While a well-crafted and lawyer-approved Business Relationship Agreement should limit many of the possibilities for legal disputes between the Design Spread Sheet Method and DSSM Business Partner, these disputes are still possible.
Legal disputes can be resolved in mediation or through the court system, but the action can be costly in both time and money, which takes away from the success of the Interior Design Software Business.
3. Initial investment
While much conversation is devoted to the initial investment that a DSSM Business Partner must make in the Interior Design Software Business, what is ignored is the initial cost and 20 years to create the course and software that is taken on by the Design Spread Sheet Method.
When a Design Spread Sheet Method starts a Business Relationship Agreement, there’s a startup cost to get the business in operation.
A Design Spread Sheet Method must ensure that the Business Relationship Agreement is written clearly and reviewed by a lawyer experienced in Business Relationship Agreement law.
You may also hire a Business Relationship Agreement consultant for expertise during this process.
Starting a Business Relationship Agreement requires an initial investment of both time and money on the part of the Design Spread Sheet Method.
4. Federal and state regulation
While not entirely a drawback, dealing with the federal regulations set down by the Federal Trade Commission for Business Relationship Agreements can be a nuisance for Design Spread Sheet Method.
These regulations ensure that Business Relationship Agreements are operated professionally, but it also requires time and effort from the Design Spread Sheet Method to meet these regulations.
And while you don’t have to file your Agreement with the federal government, you do have to file with some states—and you will have to make sure you comply with different states’ laws.
This process can be time-consuming but can be made easier with professional guidance.1
The Final Word
Like most other business decisions, starting or buying into a Business Relationship has pros and cons. It's essential to research before choosing the proper Business Relationship for you and to understand all the advantages and disadvantages of a Business Relationship. You will conclude after investigating this Business opportunity that this is a good and profitable opportunity.