STEPS TO BUSINESS OWNERSHIP
The goal of the SpeedPro Discovery Process is for you to learn more about our franchise system while our team discovers who you are and what you are trying to accomplish by owning your own business. Our mission is to match the goals of qualified individuals with the SpeedPro opportunity using a Discovery Process based on integrity, knowledge and respect.
The Discovery Process can last between 60 and 90 days. As a new franchise owner candidate, we expect you to be able to make a decision and sign a franchise agreement within this timeframe if you are awarded a franchise. Making a choice, however, does not equate to “opening the business.” The decision at this point is to become a business owner and join the SpeedPro network as a new franchise owner. Dedicated team members will ensure that you are well-equipped as you begin to market your new business.
GOALS, OVERVIEW & YOUR DECISION CRITERIA
We will begin working together to understand your background, experiences and what you’re seeking to accomplish. This includes thoroughly exploring your personal and professional needs, your projected fit within the SpeedPro network, your timeline and your investment range. During this time, we will discuss any questions or concerns you may have as well.
We will review an in-depth presentation about the SpeedPro vision, objectives and the unique value proposition that our franchisees offer to clients. This is where we have a mutually open and honest dialogue to determine whether it makes sense to continue the discussion. Here, you will get a clear picture of our business and culture, and learn the profile, style, character and habits of a successful franchisee. If we both elect to move forward, we will schedule your next steps and establish firm timelines.
REQUEST FOR CONSIDERATION
The confidential, non-binding application demonstrates to us that you are serious about exploring this opportunity and want to learn more about franchising with SpeedPro. There is no obligation or commitment to invest at this point.
INTRODUCTION TO FUNDING PARTNERS & TERRITORY ANALYSIS
SpeedPro has small-business lender relationships in place, and can help you understand the funding environment, what to expect, and the different options that could be available. We will make introductions with our funding partners, who can assist you in completing their processes. During this step, we will also review the SpeedPro territory selection process and provide you with a detailed territory analysis customized for your area.
BUSINESS REVIEW OF FDD
The Federal Trade Commission requires us to provide you with a Franchise Disclosure Document, which we will subsequently review with you. This review will be a comprehensive information outlay, covering our company background, management team, a detailed breakdown of the total investment, a full list of current franchisees, our company financials and more. We want to make sure you fully understand every aspect of the business and our mutual obligations. It is also critical that we document your selection criteria and ensure that SpeedPro is the right fit for you. Then we will schedule our Discovery Day event at our headquarters in Denver, Colorado and assist in your travel arrangements.
ATTEND DISCOVERY DAY EVENT
This is your opportunity to meet our entire Home Office team in person and ask any remaining questions. You will be immersed in the SpeedPro culture and learn the ways the corporate team can help you accomplish your goals through small business ownership. This is a full day event and we encourage you to bring your spouse, business partner or any others who will be involved in your business.
FINAL FRANCHISEE & FINANCIAL VALIDATION
Once you have attended Discovery Day and received an award letter, you will have the opportunity to speak with franchise owners, members of the SpeedPro network and anyone else for final due diligence. Afterward, we’ll discuss next steps with your Franchise Development Director and schedule the signing of your Franchise Agreement.
SIGN FRANCHISE AGREEMENT
Congratulations! You have completed the Discovery Process and are now a member of the SpeedPro family. Upon receipt of the signed Franchise Agreement and initial fees, we will schedule a hand-off call with our On-Boarding and Operations team within one to two days. This call starts the new franchisee on-boarding process and establishes a schedule for training and planning for a successful launch. Our dedicated team members will ensure that you are well-equipped as you begin to market your new business.
"I have always wanted to own my own business, but was used to working for a company. Joining SpeedPro was the best move I have ever made. I can't wait to get to my studio each day."
Bruce Benson - Former Precision Instruments Executive
Des Moines, IA
"We chose SpeedPro because it was on the leading edge of print technology, is within a growing, creative industry, and includes an incredible owner network. No matter the issue, there’s always an owner offering advice and support."
Littie and Karen Brown - Former Vice President of Sales
"Our SpeedPro franchise is a great fit for us as a husband/wife team. With so many varied aspects to running a SpeedPro franchise, it’s easy to find a ‘fit’ for both of us."
Borg & Ann Siburg - Former Operations Manager/Chemical Engineer and Army Officers
"What drew me to SpeedPro was the high quality and revolutionizing the [large format printing] industry. I didn't think I wanted to get into the printing business, but when I learned of the model, I really liked the quality and service focus."
Steve Moran-Cassese - Former Sr. Director, Event Marketing
San Rafael, CA
"Being a part of the SpeedPro family has provided me with a flexible lifestyle and financial freedom beyond what I ever imagined."
Ward Martin - Former Bank Executive
"I chose SpeedPro because it had a lot of really great processes and [the ability to] leverage other owners to get my business off the ground.
I joined SpeedPro because it was the sense of family that I got whenever I talked to anybody SpeedPro related."
Steve Wells - Former Executive, IT Industry
San Jose, CA
"SpeedPro is a business model where the rewards are generally commensurate with the time and effort put into it. It has also taught me the value of life outside of work by spending quality time with my son and continuing to travel the world with my wife."
Michael Price - Former Media Ad Sales Manager
"The principal thing that attracted me to SpeedPro was the other owners in the system. We have 130+ owners... and there is a lot of power in that. They're accessible, they share ideas, experiences, tough times and good times... and that has been a life line as we have progressed.
I was looking to get more flexibility in my lifestyle so I could spend more time with my family. I also always wanted to take a shot and try to build my own business. SpeedPro offered me that opportunity."
Gary Yenser - Former Director/GM for HP
"The biggest advantage of being part of SpeedPro is you have the ability to tap into so many other people that have been successful - the Fastrack system when we started allowed me to quickly get my business up and running and to be profitable before I even opened my doors."
Dave Higgins - Former Regional Branch Manager, Veterinary Supply