Monthly Archives: October 2022

Veterans Are Great For SpeedPro

October 20, 2022

Veterans Day is right around the corner, on November 11, 2022. As we celebrate our nation’s heroes and their actions to protect us all, we also want to celebrate their tremendous versatility back home—specifically in the business sector. Veterans are 45 percent more likely to start their own businesses, and they currently own around 2.4 million small businesses across the United States. There’s a reason so many veterans are inclined to entrepreneurship. Their skill sets are a perfect match for franchises and independent small businesses!

SpeedPro is proud of its many veteran-owned Studios across the country, and we’re eager to get more off the ground. If you’re a former member of the United States military, consider how your skills and experience might transfer into a successful career as a franchise owner. 

Veterans and first responders thrive as franchise owners due to their worth ethic, determination, and other skill sets.

Determined and solution-oriented

Veterans are no stranger to challenges. Time in the service has helped them become quick thinkers who are adept at solving problems. They’re also unlikely to back down in times of trouble. When the going gets hard, veterans remain determined and resilient so they can better forge ahead.

These skills are a fantastic match for business ownership. Although running a franchise is quite different from military service, entrepreneurship still comes with its share of challenges. Maintaining a solution-oriented and determined spirit is key to pushing through the challenges and emerging successful. 

Structured and organized

Military service is an extremely structured organization. Veterans are familiar with rigid structures and rules for their own safety and efficiency of their unit. They’re able to follow existing systems and enact their own structures to keep things running.

Franchises share a similar type of structure. Franchisees aren’t forging a completely new path—they must follow the systems put in place by the franchise brand. SpeedPro franchise owners must stay organized and efficient for the betterment of the entire network. The ability to work within a structured framework makes veterans a great fit for franchise ownership.

Skilled at learning

No two days are the same in the field. Veterans are used to learning new things rather quickly and applying those skills to the task at hand. This makes many veterans quick studies who are capable of adapting on the fly.

While some franchise owners join an industry they’re familiar with, many come into franchise ownership with no experience in that market at all! This is true of SpeedPro. Our owners are not required to have printing experience prior to joining our team. Instead, our franchise offers robust in-person and ongoing training programs. We expect Studio owners to learn quickly and apply their newfound knowledge to the business. Here, veterans have an advantage when it comes to learning how to be profitable and successful.

Collaborative and team-oriented

Veterans are used to working as part of a team. They forge strong relationships with their peers that are built on collaboration and mutual respect. As they climb the ranks, they must also step up as a leader.

Similarly, SpeedPro requires our owners to be personable, communicative, and collaborative. This helps owners build strong, trusting relationships with their B2B clients and work together to uncover and solve their unique printing challenges. They must also leverage their leadership skills to train, guide and manage their small team of employees every day.

SpeedPro supports veterans

At SpeedPro, we not only extend a heartfelt “thank you” to any veteran who has served our country. We also want to provide our entrepreneurial veterans with great opportunities!

SpeedPro aims to welcome more veterans into our franchise network and reward them for their service. We offer qualified veterans and first responders a $10,000 discount off the initial franchise fee when launching a new SpeedPro Studio.

If you’re a veteran interested in starting your own business, request information about SpeedPro’s large-format printing franchise model. A franchise representative will be in touch to begin the discovery process and launch your brand-new journey.

Your Q4 SpeedPro Plan

October 6, 2022

If you’ve decided that opening a large-format printing business like SpeedPro is the right choice, your next decision will be when to start. The old cliché, “There’s no better time than today!,” is absolutely true when it comes to SpeedPro franchise ownership! The SpeedPro franchise discovery and time-to-open don’t take nearly as long as other brands might. Our entire team is dedicated to helping new franchisees get up and running quickly.

The path to SpeedPro ownership

If you’re a good fit for the SpeedPro business model, you can achieve ownership and operation in just a few months. There are four major stops on the path to Studio ownership.

  • Discovery: The initial discovery phase for SpeedPro is done in eight simple steps. Throughout this process, you’ll have the opportunity to learn about our business model, ask questions and see if SpeedPro is a good fit for you. Our development team will work with you to discover your goals and experience as a business owner and make sure our culture aligns with your needs and ours, too. If moving forward is the best choice, you’ll sign the franchise agreement and begin forging your path to ownership. This process typically lasts between 60–90 days.
  • Onboarding: Once your franchise agreement is signed, you’ll begin finalizing details for your Studio with our Onboarding team. We’ll help you secure financing and select and lease a site within your territory. You’ll also partake in a two-week training program at the SpeedPro Home Office that gives you in-person, hands-on experience running the business.
  • Ramp-up: With all the details in place, you’ll get to work on growing your business before you even open your doors! Our Kickstart program allows new owners to work with a Buddy Studio to fulfill orders while your Studio is being built.During this time, you’ll be networking and developing relationships with nearby business owners and agencies. Yes, you read that right…before your Studio even opens its doors, you’ll have the ability to sell, take and produce orders, and make money!
  • Buildout: The buildout process for SpeedPro Studios is relatively quick and simple, thanks to our open floor plan and minimal office space.Our owners also enjoy a robust startup package. You don’t have to spend time doing research and sourcing printers. Our turnkey solution will be delivered and installed quickly and efficiently, so you can begin taking business right away! The full buildout typically lasts 30–60 days.

When all is said and done, a new SpeedPro Studio can be complete in around 100 days. Starting this process at the beginning of Q4 could allow you to open your business in the first few months of next year.

Benefits of planning early

Unsure of whether now is the right time to begin your SpeedPro journey? Consider some major benefits of getting a jumpstart on new-year business planning.

Logistically speaking, launching a business in Q1 gives you the majority of a calendar year to accumulate financial data, tax deductions, and more. You’ll leave your first year with a clear indication of growth areas and challenges.

Time is also on your side when you prepare your business early in Q4. Financing, permitting, and other paperwork all takes time to process. As banks and municipalities approach the holidays, they can get backed up, which causes delays that might last into the new year. You’ll want to plan ahead to beat the rush, so your business can open as early as possible.

Q4 is an important time for SpeedPro’s B2B clients, too. As you begin your Kickstart program, you’ll have a chance to network with prospective clients right as they’re beginning to think about new-year campaigns. This is a prime time to solidify sales and capitalize on clients’ fresh marketing budgets in Q1. Once you land the account, your doors will be open just in time to deliver quality products.

If you are interested in SpeedPro’s light manufacturing, wide-format printing business, don’t hesitate. Get a jumpstart on business planning, request more information and dive into your discovery process today!