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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. 

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!

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!

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.  

Internet Print Companies Can’t Top SpeedPro

December 2, 2021

The rise of e-commerce has impacted more than just the retail industry. Customers are turning to online shopping for a wide range of needs—including print products. Many online print companies have grown in recent years, but despite their popularity, these internet-based companies can’t entirely compete with brick-and-mortar print studios like SpeedPro.

The fact remains that brick-and-mortar printing businesses still trump online companies when it comes to delivering value. Here are five reasons why brick-and-mortar print shops are expected to stay strong in the face of internet-based printing.

Comprehensive service

Some customers are tempted by the convenience of uploading a file and clicking a single “submit” button through an online printer. However, there’s a lot missing from these types of transactions. In most cases, there’s no project manager on the other end of the website ready to help out. Unless customers understand the fine details of print projects, there’s a risk they’ll make a mistake that costs them money and quality.

Brick-and-mortar print studios don’t merely fulfill orders. Businesses like SpeedPro serve as partners in a clients’ printing strategy, offering assistance from start to finish.

Our studios offer more services than the print job itself. By working in-person with studio staff, clients can receive in-depth project consultations to determine which products are right for their goals. They also benefit from design assistance, project proofing and tweaking, final delivery, and even installation. All of these value-added services ensure the project truly meets their needs and is of the highest quality.

Complex projects

Internet printing companies often offer basic types of print products, like flyers, postcards, business cards and other small-format items. However, when customers need larger, more complex print products—such as a detailed trade show display or a vehicle wrap­—they’re better off working with a local large-format printing partner.

SpeedPro studios don’t just offer printed products; we create printed solutions. Our staff are experts in designing, sizing, color matching and outlaying print projects that make a statement. Because large, complex print jobs are an investment for the client, it’s safer to trust a knowledgeable print studio with a track record of success.

Expert installation

Installation of large-format print products like vehicle wraps, window graphics and wall murals needs to be done right. Printing and installation should be a package deal to ensure the quality and longevity of the piece. SpeedPro studios aren’t just skilled in designing and producing printed products. We’re also product installation experts. Our franchisees have trained employees on staff who will not only deliver but also install print products quickly and correctly. That’s one less thing for the customer to worry about!

This wall mural really pops!

Rush orders

Internet print companies may have 24/7 ordering and offer rapid turnarounds, but they’re still subject to shipping times. Customers who need a print job completed and installed quickly can’t always be certain it will arrive on time.

Local print studios may have the capability to offer same-day or next-day turnarounds on projects. Because SpeedPro studios cater to local clientele, it’s easy for us to complete and deliver a high-quality project in hours when customers are in a pinch.

Ongoing consistency and trust

One thing internet print companies can’t always promise is consistency. Batched orders can suffer from inconsistencies in color, material and more. When it comes to large-format print products, consistency is necessary for clients to maintain a professional image.

Serving as a local partner, SpeedPro studios are better able to meet clients’ ongoing needs for consistent, high-quality print products. Our goal is to become a long-term partner of our customers’ and deliver excellent products and customer service again and again. After the first visit, customers learn that they’ll be well taken care of and are more likely to return later.

Become your community’s trusted printing partner

The SpeedPro franchise model is perfect for innovative and hardworking entrepreneurs who value quality, customer service and local partnerships. Ready to learn more? Fill out our contact form, and a representative will be in touch about our investment opportunity!