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!