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SpeedPro Named a Top 500 Franchise Brand

November 30, 2022

Aspiring franchisees want to join businesses that are known for their success. SpeedPro is proud to announce our ranking among the Top 500 Franchise brands by Franchise Times Magazine! Our brand’s inclusion in this highly regarded list demonstrates our year-over-year success, our lasting relevance in the industry, and the great potential awaiting current and future franchise owners.

As one of the nation’s leading wide-format printing franchises, SpeedPro serves businesses and organizations across a vast range of industries with high-quality graphics and signage. Our top sellers include wall murals, vehicle wraps, banners, and trade show displays. In 2022, SpeedPro’s sales grew 20.9% to $91 million globally. This has landed us the #2 spot in Franchise Times Magazine’s top three brands in the “Sales Growth: Printing, Graphics & Signs” category.

The SpeedPro team is immensely proud of our Studio owners’ achievements this year, and we’re looking forward to even greater growth in the years to come. If you’re interested in investing in a franchise that offers great growth potential, check out some of the many benefits a SpeedPro Studio can offer.

Top benefits of SpeedPro franchising

There are plenty of reasons to join our rapidly growing brand. SpeedPro franchise owners enjoy many advantages in the market thanks to our established presence, leading-edge innovation, and scalable business model. Here are just a few more reasons to consider SpeedPro franchise ownership.

  • Strong profit margins: Across the SpeedPro product line, we offer Studio owners high profit margins that put more money in their pockets. The cost of goods for our large-format products are relatively low, but our service and skill allow us to price competitively. According to our 2022 Franchise Disclosure Document, our franchise Studios have an average of 68% gross profit margins.
  • High Net Promoter Score: We don’t just provide great products—we are also known for providing great service! SpeedPro has achieved a fantastic Net Promoter Score of 95, showcasing the level of customer satisfaction our Studios garner every day. Our brand is synonymous with quality, smart solutions, and good client relationships—and these things help bring in new business across the country.
  • Network of innovation: SpeedPro has remained a leader in large-format printing technology and applications for over 20 years. Our corporate team invests heavily in innovation to ensure each Studio has access to the latest and greatest in the industry. We do the research for our owners, so they can focus on serving customers’ needs and building a stronger client network.
  • No print experience needed: No print experience? No problem! Anyone has the potential to join the SpeedPro family. As long as you have business skills, passion, and creativity, you could be a good fit for franchise ownership. Our training program will show you the ropes and help you build the skills you need on the print side to ensure your business runs smoothly.

Join the growing industry with SpeedPro

On top of the benefits unique to our business, SpeedPro also benefits by operating in a consistently growing industry. Contrary to popular belief, print lives on—and the sales numbers don’t lie! In 2021, the print industry as a whole had a combined $3.1 billion in sales.

The rise of and continued reliance on out-of-home advertising makes large-format printing an evergreen business model that’s unlikely to fall out of favor. And, because SpeedPro targets such a diverse pool of clients, there are almost endless client opportunities to be found across the nation like marketing agencies, school districts, design firms, healthcare entities, government, and more.

We’ve proven the concept, but we’ve far from maximized the industry’s potential. Take advantage of the tremendous opportunity awaiting our business and inquire about franchising with SpeedPro today. 

SpeedPro: The Perfect Mix of Growth and Opportunity

November 21, 2022

There’s a lot to consider when selecting a franchise to invest in. Many entrepreneurs are drawn to new concepts that haven’t completely flooded the industry. At the same time, they want to trust that the business model is stable and proven in the marketplace. It’s tough to find brands that have struck that balance—but SpeedPro has!

SpeedPro, one of the nation’s leading large-format printing franchises, offers new studio owners the perfect mix of growth and opportunity. With around 170 locations, we’ve proven our business’s traction and demand, but there’s still a ton of room for new franchisees to join our family! Learn more about how this makes SpeedPro such an attractive model.

A proven concept

One of the biggest benefits of joining a franchise system is a proven business concept. Entrepreneurs face less risk because the brand has succeeded in other markets. Buying into an established business helps you feel secure in your ability to thrive.

A proven concept is exactly what SpeedPro delivers to its franchise owners. Our B2B light manufacturing business started franchising in Canada in 1996 and expanded to the U.S. franchising market in 2003. Over the past 20 years, our growth has been phenomenal, providing international opportunities and tremendous growth potential to our owners. Now, we have nearly 170 studios—more than proving our concept in the marketplace.

This history and growth has allowed us to deliver bigger and better benefits to our franchisees. We’ve built a strong national network with substantial buying power and close vendor relationships. And, we’re constantly researching and innovating to stay on the leading edge of the wide-format printing industry. Both these things help franchisees maintain high profit margins and large competitive advantages year over year.

We’ve even gone beyond that and created a Kickstart program that helps brand-new studios. Existing studio owners mentor and support new owners before they can even open their doors, helping both the brand and the studio alike. What this means for aspiring franchisees is that they can trust SpeedPro to offer the tools, support and proven concepts that will elevate them to success.

The industry holds immense potential

While our history and growth thus far is certainly important, what matters more is what lies ahead. Nobody wants to invest in a business that has oversaturated the market or an industry that might fall off in a few short years. But soon-to-be studio owners don’t need to fear! Our industry and market hold plentiful opportunities for existing and new businesses alike. SpeedPro’s potential as a franchise has not even come close to being maxed out.

It’s no secret that the large-format printing industry continues to grow. Out-of-home advertising is an evergreen industry that experts believe is here to stay. New businesses are coming online each day, meaning more potential clients for SpeedPro studios across the nation. New printer technologies are also making new products possible, giving us more opportunities to offer creative solutions. Each of these trends demonstrate tremendous potential for brands like SpeedPro.

Our regional territories also leave a lot of room for growth. Despite having 170 studio locations, new owners have an abundance of choice. We still have territories available in almost every major market across the United States, and we’re even expanding internationally!

Think about the number of small businesses you pass every day in your hometown. Now add the number of schools, churches, nonprofits and event spaces nearby. Add in the number of corporations that have a branch or are headquartered in your city. It’s probably a ton of organizations! All of these—and more—are potential customer segments for a SpeedPro studio. When you consider that the majority of small businesses spend an average of $10,000 to $50,000 per year on marketing and advertising, it’s clear how much potential is still out there.

Opportunity is abundant

SpeedPro’s proven concept and opportunity for future growth is a combination aspiring franchise owners do not want to miss. If you’re looking for a stable business model with nearly endless growth potential, don’t pass up your opportunity! Learn more about the SpeedPro large-format printing business today and begin your journey to franchise ownership.

School Districts as a SpeedPro Demographic

November 1, 2022

When you think of “marketing and advertising,” K-12 school districts probably aren’t the first customer segments that come to mind. However, local schools rely heavily on marketing and branding efforts to support their operations, communications, and activities. Now more than ever, school districts are learning that a strong brand helps build deeper connections with their communities.

Education is one of the biggest customer segments SpeedPro serves as a large-format printing business. Opening a SpeedPro Studio in an area with lots of schools could be a boon for your small business!

K-12 schools rely on great branding and signage

If you think about it, schools use a tremendous amount of signage throughout their campuses and facilities. Given their size, many elementary, middle, and high schools need wide-format printed products to bring their marketing and advertising visions to life, making them a great candidate for SpeedPro’s printing services.

What’s more, school districts are increasingly using branding to build connections within their communities. Schools rely on a clear color scheme, logo, or mascot, mission statement, and values to create a strong identity in the area. They often echo these elements through signage and aesthetics. Older schools are also turning to large-scale renovations to improve their physical spaces and reinforce their brands through visuals.

Consider the many ways large-format printing can support K-12 education.

  • School branding: Schools love to create a welcoming and exciting atmosphere through colorful and engaging signage. These institutions might install a new wall mural in a common space to emphasize school spirit or upgrade their exterior signage to reflect a more modern logo. Wayfinding signage is helpful on large, sprawling campuses. Temporary banners are often used both on and off school property to advertise school events. The school might even have a small bus or van fleet needing custom-branded vehicle wraps.
  • New initiatives: Schools that are pushing for a new curriculum or district-wide initiatives want to catch the eye of passersby. Quality graphics, bold colors, and clear text are needed on banners, flags, and window graphics to give parents, staff, and visitors critical information.
  • Sports and activities: Schools are constantly hosting events and activities for student groups. Athletics, arts, and other clubs typically require their own branded signage to promote upcoming events and give each school space a unique identity. Flags, banners, and floor graphics are commonly used to make each activity stand out.
  • Fundraising: Fundraising is a huge part of K-12 schools’ marketing efforts. These important initiatives require big signs and impressive graphics to communicate a need and encourage people to donate.

Where schools of the past may have been content to not stand out in the community, modern schools are constantly looking to improve their facilities and wow parents and students alike. SpeedPro’s Great. Big. Graphics. help them achieve this goal!

Listen to a SpeedPro Studio team communicate about their school system work.

SpeedPro serves as a school district partner

Beyond our wide range of products, SpeedPro Studios provide something even better to schools across the country: fantastic service. Many schools are unfamiliar with large-format printing and might not know exactly what they need to transform their spaces. SpeedPro not only brings high-quality printed products to the table but also the creativity and solutions-oriented mindset schools need to accomplish their goals.

Because of this, many school districts consider SpeedPro a true partner in their marketing and advertising efforts. Our Studio owners are capable of meeting them where they are and posing creative solutions for their unique needs. As the schools’ events and initiatives change over the years, they feel comfortable turning to SpeedPro for ongoing services.

This also means that SpeedPro franchisees have the opportunity to really serve their communities in a deep way. Building strong relationships with local schools helps bolster education. Some of our owners even serve the schools their children attend! As a Studio owner, you can go to work each day knowing that you’re staying involved with the community, all while earning a living through your small business.

If you’re interested in launching a thriving career in large-format printing, consider investing in a SpeedPro Studio of your own! Our B2B large-format printing business allows you to connect with local organizations like schools, universities and much more. Reach out to learn more about our business model and get started!

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!

SpeedPro is Poised to Weather Economic Turbulence

September 27, 2022

Starting or operating a business is a big leap anytime, but especially in 2022. Aspiring business owners want to know that their investment opportunity is a financially stable business model that can weather any economic turbulence.

SpeedPro’s large-format printing franchise gives owners that opportunity. Because of our low-overhead model, great profit margins, diverse clientele, and growing industry, our business is prepared to help owners navigate times of economic uncertainty. Here are just a few ways SpeedPro franchise owners are set up for success.

Low overhead

In times of economic turbulence, small business owners know every penny counts. Thankfully, SpeedPro Studios can operate with exceptionally low overhead costs.

As an exclusively business-to-business franchise model, our Studios do not have retail storefront needs which saves on the cost of additional leased spaced typically needed for direct-to-consumer facing businesses. Employee workstations, printing equipment, and materials storage – even having a bay for vehicle and fleet wraps – can be achieved in surprisingly low square-footage.

Few employees

SpeedPro is a lean operation by nature. Most Studios run with a handful of additional employees. Because our Studios start and stay small, there’s less pressure on owners. Your monthly costs remain low because there are fewer salaries and benefits packages to pay out, but your business continues to run smoothly.

Studios range in overall square-footage and maximize all available space.

High profit margins

In some industries, the cost of running a business is high. If an owner has to invest heavily to buy product and it never sells, they might be out a substantial amount of money. The risk is even greater when those products’ profit margins are slim.

SpeedPro is proud to report industry-leading profit margins of around 68 percent, on average (per our 2022 FDD Item 19). Our cost to do business is low, but our high quality and exceptional service deliver great returns. This is combined with our network’s buying power. SpeedPro works with the best suppliers of materials, equipment, and supplies ensure franchisees have access to tremendous pricing to operate their businesses. This means greater savings and higher profits!

In-demand services

One fear of B2B businesses is that when the economy takes a turn for the worst, clients close up shop or tighten their budgets for external services. This is true in some cases, but not always. In the print and advertising industry, for example, companies tend to stick with their ad spend.

Advertisers and businesses that maintain or grow their marketing budgets often increase overall sales both during and after a recession. This is because business need to stay competitive when consumer spending drops. By tailoring their marketing messages, channels of distribution,and advertising heavily, they stay top-of-mind for customers.

Therefore, SpeedPro operates in an in-demand industry, regardless of economic performance. Our clients continue to need high-quality large-format print products to get in front of customers. Even more importantly, our products tend to be more affordable than other advertising options. Things like vehicle wraps cost as little as four cents per thousand impressions, which provide valuable ROI.

Customer diversity

The saying “don’t put all your eggs in one basket” rings true during economic turbulence. If businesses bank on the success of one particular client segment and that segment heads south, they could be in trouble.

SpeedPro combats this by serving an extremely wide range of client types and industries. This allows owners to pivot when some clients pull back. We can truly serve any business: from Fortune 500 companies to small independent businesses; from schools and universities to faith-based organizations; from local ad agencies to nationwide small-format print shops. Our products are applicable to almost everyone, meaning our owners have plentiful options for new clients.

Reduce your risk with SpeedPro

If you dream of opening your own business but are skeptical about the state of the economy, be strategic about your investment. Launching a SpeedPro Studio allows you to capitalize on a growing industry, operate a lean team and expand your reach across a variety of client types.

Ready to get started? Fill out our contact form to get in touch with a franchise representative!

SpeedPro Supports Small Businesses

September 16, 2022

Every year, more small business owners launch new ventures and take a chance on their dreams. As they grow, these companies need support in marketing and advertising—and what better partner than another small business? SpeedPro, a leading B2B large-format printing franchise, gives owners the opportunity to support small businesses in their local communities—and find their own success in the process.

Small businesses hold immense potential

The United States is a fantastic place to start a small business—and entrepreneurs know it! In 2021, the U.S. Small Business Administration (SBA) reported that there were 32.5 million small businesses in the country. This number is 2.5 percent higher than in 2020 and is consistent with a pattern of growth over the past five years. A further 17 million new small businesses were predicted to be formed in 2022. What all these numbers show is that more and more people are opening their own businesses each year.

Younger generations are largely responsible for this growth. Millennials and Generation Z are more likely to start a side business of their own. They’re also the ones championing the “Shop Small” movement. This demonstrates a positive outlook for small businesses across the country.

Of course, small businesses need help finding and retaining customers. Marketing and advertising is what helps them build a consumer base and grow year after year. The SBA advises that small businesses allocate 7–8% of their revenue toward marketing. This number will look different for every business, but the bottom line is that owners know they need to invest a substantial amount into advertising.

The majority of small businesses spend an average of $10,000 to $50,000 per year on marketing and advertising. B2C companies tend to spend more on marketing than B2B companies do, and businesses with younger owners often have larger marketing budgets.

This means that there are billions of dollars spent on marketing and advertising in the U.S. each year. What’s even more important is that many small business owners can’t handle these tasks themselves. They turn to external partners—like SpeedPro—to execute their marketing and advertising efforts.

taft theater window graphics - SpeedPro

Why small businesses need partners like SpeedPro

Small businesses need print partners. Printers are instrumental in helping companies generate growth for a number of reasons. First and foremost, most small businesses lack the equipment and know-how required to produce high-quality graphics and printed projects. If they need large signs, vehicle wraps or trade show collateral, they need to turn to an external vendor.

As a large-format printing franchise, SpeedPro is well-positioned to help small business owners launch and expand their businesses. Our product line is a perfect fit for small businesses interested in ramping up their advertising efforts on a limited budget. We provide Great. Big. Graphics. at an affordable price point, but we don’t sacrifice quality. Better yet, we serve as a true partner to businesses large and small. Our owners are adept at uncovering each business’s unique needs and tailoring projects to meet them.

A few products, in particular, serve the niche needs of small businesses. Vehicle wraps are a huge hit. Whether local businesses have a single company vehicle or a small fleet, vehicle wraps get their name out in front of new customers on a daily basis. Trade show displays are another popular choice. As small businesses start to expand their outreach, showing up to industry conferences and events with high-quality displays help them grab more attention. And, of course, small businesses of all kinds can use large exterior signage like window graphics and branded signs to attract passersby.

SpeedPro’s business model gives us breadth of reach for small businesses, too. We are able to work directly with independent small businesses to develop advertising products. But we are also able to partner with local ad/design agencies and event planners to serve as a vendor for their clients. These businesses need connections, and SpeedPro’s services help bolster their success!

Start your small business with SpeedPro

As a network of small businesses ourselves, SpeedPro understands the value that small businesses bring to the U.S. economy. The potential that small businesses hold in our industry is undeniable, and our franchise owners are poised to capitalize on it. By providing high-quality products and services, we help small businesses grow—and our businesses grow themselves!

If you’re interested in launching your very own large-format printing business, request more information about SpeedPro today.

Do I Need Print Experience for SpeedPro?

August 26, 2022

SpeedPro is known for delivering top-quality large-format print products to organizations across a wide range of verticals. Our place in the printing industry sometimes turns aspiring franchisees off, because people mistakenly believe they lack the experience needed for the job. Fortunately, SpeedPro Studio owners don’t need to enter the business with any printing experience! Our model is set up so that each new owner can apply their unique experience to the business, while we provide the printing know-how. 

Take a closer look at how SpeedPro owners succeed, even without having a background large-format print production.

Types of experience that benefit SpeedPro owners

Contrary to popular belief, printing experience is not necessary to open a SpeedPro Studio. Although industry experience may help you adapt to the business faster, it won’t make or break your ability to join the SpeedPro family nor grow a thriving business.

Instead of printing experience, the SpeedPro franchise team is looking for entrepreneurs with a diverse set of skills and prior experience. While not necessary for consideration, here are a few of the qualities and types of experience that can help you in your franchising journey.

  • Business management/operations: SpeedPro is a business first and foremost, so our owners need to be able to effectively launch and operate their companies. A business mindset is very important in franchisees, even if you haven’t operated a business on your own before. However, it can be particularly helpful to come into the world of franchising with some experience in business operations or management. This experience will help you make those critical decisions, lead a team of employees, and drive your business through challenges and toward growth.
  • Sales: Experience in sales can provide a huge advantage to SpeedPro franchisees. As the owner of your Studio, you’ll network and meet with local businesses to sell your print products. Outbound sales efforts are a huge portion of the business, so you need to be able to build relationships with other organizations and encourage them to purchase. If you have experience leveraging sales strategies in other industries, you may be more likely to succeed.
  • Creativity: SpeedPro’s business model requires creativity on multiple fronts. Owners must come up with creative solutions to customers’ needs. Creative problem-solving experience from a sales or project management role can help you identify needs and match them to the right product line quickly and efficiently. Hands-on creativity is also a boon in our business, since our Studios are constantly designing and producing aesthetically pleasing products. A creative eye can certainly help you and your team.

How SpeedPro sets you up for success

No print experience? No problem! SpeedPro makes our large-format printing franchise opportunity more accessible by setting new franchise owners up for success from the start. Our onboarding process includes comprehensive training sessions that will teach you everything you need to know. From details on our product lines to how to use our printers to the best sales and marketing strategies, you’ll be sent back to your Studio with a wealth of information you can apply on day one.

Further, new SpeedPro franchisees are provided a startup package as part of your initial investment. What this means is you don’t need to worry about researching the latest printer technology or cost-effective inks. We’ve done all the hard work for you and have ensured every Studio operates with the latest and greatest tools and resources in the industry.

Whether you have experience in the printing industry or not, SpeedPro makes it easy to learn and apply your skills to our growing large-format printing franchise. Request more information and discuss your skills and experience with a franchise consultant to see if SpeedPro is the right opportunity for you!

How to Fund Your SpeedPro Studio

August 16, 2022

Liking a franchise system’s business model isn’t the only factor in your decision to commit. You also need to make sure you can afford the investment—as well as know how you plan to pay for it. Fortunately, aspiring entrepreneurs have a wealth of options when it comes to financing a new small business. If you have your heart set on opening a SpeedPro Studio, take a closer look at the cost of our business and potential funding paths.

The cost of opening a SpeedPro Studio

SpeedPro’s light manufacturing business has the benefit of an affordable start-up investment and a low overhead model. This means our Studio owners can launch and continue to operate their businesses without extremely high costs. Per the SpeedPro 2022 Franchise Disclosure Document (FDD), the estimated initial investment for a new SpeedPro Studio is between $250,730 – $327,340.

This investment range includes a number of important costs and fees, including the initial franchise fee of $49,500 and a $20,000 initial investment into the SpeedPro marketing fund. It also includes our startup package, which gives new SpeedPro franchise owners all the equipment and tools you need to launch your business. An itemized list of costs associated with the initial investment can be found detailed in Item 7 of the FDD.

Factors that may impact SpeedPro investment

While some costs to open a SpeedPro are fixed, there are some factors that might raise or lower your startup price.

For example, the location you select for your Studio can impact your initial investment and/or monthly costs. SpeedPro Studios should be located in commercial corridors surrounded by many other businesses to serve. The cost to purchase or lease a property may fluctuate based on your chosen territory and neighborhood.

A commercial vehicle may also increase your initial investment costs. SpeedPro owners will need a vehicle to operate their businesses. You may choose to use your personal vehicle or buy/lease a vehicle specially for the business. Vehicles are not included in the SpeedPro startup package, so this is a cost you’ll need to factor into your initial investment plan.

We also offer discounts for those who serve our country! Veterans and first responders are eligible for a discount on their initial franchise fee, which reduces the startup investment.

Finally, your investment costs may differ if you’re buying an established resale Studio rather than launching a new location. If a resale business interested you, a SpeedPro franchise development team member can discuss available resale opportunities and provide investment details.

Top SpeedPro funding methods

There are a few popular methods to help you finance the cost of your SpeedPro Studio. It’s a good idea to weigh your options and determine which funding method makes the most sense for your current and future financial situation.

  • Conventional loans: Banks and other lenders typically offer conventional term loans for small business expenses. You’ll get all the funding you need up front and pay the lender back in monthly installments, plus interest. Term loans are great for covering almost all your startup costs or for plugging funding gaps if you plan to use personal savings.
  • SBA loans: The Small Business Administration (SBA) backs certain types of small business loans with a network of lenders. These loans are similar to conventional loans but generally provide more favorable terms and interest rates.
  • 401(k) rollovers: You can also consider equity (non-debt funding) for your business, also known as a Rollover as Business Startup (ROBS). This process allows you to take a retirement account from a previous employer and roll it into a new 401(k) for your business, then invest those funds into your franchise. ROBS is IRS-approved and there are no early withdrawal penalties. You’ll need to work with a third-party administrator to make sure this structure is set up and managed appropriately.

Although we do not handle franchisor financing in-house, SpeedPro can connect you to our network of financing partners. These partners have experience with SBA and conventional loans as well as 401(k) rollovers, meaning you’ll have support, no matter which option you choose.

Exploring financing options is a core part of the SpeedPro discovery process. Once you’ve begun your journey to Studio ownership, we’ll walk you through the details and help you understand all the costs and funding choices available to you. Get started by requesting more information about SpeedPro!

Large-Format Printing is an Evergreen Business

July 26, 2022

Investing in a franchise system is an investment in your long-term future. After you pour time, energy, and money into starting a business, you want to be able to grow it year over year. This means the business model needs to remain relevant in the marketplace.

Large-format printing is one such business centered around innovation and technology that constantly evolves and improves over time. For decades, organizations have turned to wide-format print companies like SpeedPro to fulfill their branding, marketing and advertising needs. This is not merely a trend. Clients continue to ask for high-quality printed products—and are expected to continue to long into the future—even as the industry evolves and adapts. For this reason, it’s logical to make this distinction: opening a SpeedPro Studio means opening an evergreen business.

Large-format Remains Key in Advertising

The marketing and advertising industry has changed dramatically over the years. However, large-format print products are still a mainstay.

Print products like banners, murals, billboards, and vehicle wraps are part of “out-of-home” advertising (OOH). This segment of marketing is meant to catch consumers’ attention while they’re driving to work, shopping, or running errands. OOH has great return on investment and the ability to catch the eye of passersby more effectively than one email in a cluttered inbox. Because of its longstanding history, prevalence, and cost-effectiveness, OOH is not expected to wane anytime soon. Visual messaging and branding will continue to be key areas of focus for marketers.

Large-format printers like SpeedPro play a critical role in bringing OOH to life. Advertisers at Fortune 500 companies, schools, and even nonprofit organizations don’t have immediate access to high-quality printers capable of producing extremely large graphics. Rather, they turn to Studios like SpeedPro to print their wide-format posters, wraps, and more. The annual growth of the large-format industry shows just how important our work is to these clients.

SpeedPro Keeps Up with The Times

Although large-format printing is poised to stay relevant for years to come, that doesn’t mean the industry isn’t changing! Print studios must adapt and be open to the latest technological advancements in order to meet customer needs.

Fortunately for SpeedPro Studio owners, innovation is one of the core tenets of our business. We invest heavily in the latest technology to ensure we remain at the forefront of the industry. This approach allows us to meet higher customer expectations related to sustainability, resolution, and material quality. It also allows us to incorporate new forms of large-format signage, like digital screens and backlit graphics. Also, the SpeedPro brand is committed to working with vendors who are committed to innovation as well as their equipment design, inks, substrates and materials, and more.

Secure Your Future in Large-Format Printing

When becoming a business owner, you want to make sure your business doesn’t rest solely on shifting trends. If your customers move on, you won’t have a business!

At SpeedPro, franchisees have confidence in two facts:

  1. Large-format printing remains a critical component of advertising.
  2. SpeedPro remains dedicated to setting the pace with new technology and adapting as the industry grows.

Combined, this is a recipe for a fantastic, evergreen investment!

When you open your very own SpeedPro Studio, you don’t have to worry about the business becoming obsolete because of changing trends or technologies. The SpeedPro business model will remain both relevant and important to our clients across a multitude of client industries. Once you open your doors, you can focus on building relationships with other businesses in your area that need your large-format print services. Let the SpeedPro Home Office Team handle the innovation and testing, and we’ll provide resources to support you as you grow.

At SpeedPro, we give passionate business owners the tools, resources, and training they need to develop their large-format printing Studios. This gives you the freedom to build wealth for you and your family’s future—without the fear of obsolescence. Request more information about SpeedPro’s franchise opportunity today and begin the discovery process.