Hello,
im looking at purchasing a Fastsigns Franchise and would like to chat with any owners that can give me a "non-Sales" pitch version.
please IM me, I would really appreciate your help!
thanks,
Frank
Hello,
im looking at purchasing a Fastsigns Franchise and would like to chat with any owners that can give me a "non-Sales" pitch version.
please IM me, I would really appreciate your help!
thanks,
Frank
Not to be a d $^k, but the search function is your friend. If you enter franchise, there's 40 pages of results. Not all are relevant, but looking at the title will help.
I remember a post last year abut the horror stories of being a franchise owner. I've never bought into the hype, considering I worked at one for 3 months. A month into it I was looking for another job. The owner was an idiot with money that "because he had the training, knew what he was doing". His girlfriend had an idea of what was going on, but the owner had final say, and they made several calls that I wouldn't have, and at the time I had been in the industry for about 8 years. (That was 17 years ago).
I had considerable contact with a franchisee a number of years ago who was very successful with a FastSigns store she opened from scratch. She knew very little aboout sign making but was bright, ambitious and took an attitude of following the advice, training and tools she was provided by FastSigns. The store did $300K its first year in a small market of about 200,000 people and 6,000 businesses. She was the beneficiary of some pretty impressive discounts on equipment, materials and supplies that offset the royalty fee she paid to FastSigns every month. She also benefited from using their marketing materials and new product testing, as well as a helpful network of other franchisees in nearby markets. When she wanted to open a second store, FastSigns declined on the basis that the market was too small to support two stores.
Not long after that, she sold the store and bought a downtown FastSigns store in a major market where she regularly does over a $million a year.
The original store is still open but the new owner lacks the ambition and the talent to continue the kind of growth experienced by the original owner. My opinion is that the original owner would have succeeded in any business she chose to open. Buying a FastSigns franchise simply made her success easier and their program will benefit anyone with the right mix of ambition, ability and willingness to work within a well thought out program.
Hi Fred,
i think you hit the nail on the head! I read your story on a post before and found that interesting.
does she enjoy being part of the Fastsigns family?
For gross sales of $40,000/mo, 8% amounted to $3,200 month.
Cost of goods is approx. 20%, at $8,000. It will take 40% discount of my supplies to off-set $3,200.
Can yo all shed some lights on what you pay for 3M IJ35, 180, latex inks, .040 18x24" aluminums?
For gross sales of $40,000/mo, 8% amounted to $3,200 month.
Cost of goods is approx. 20%, at $8,000. It will take 40% discount of my supplies to off-set $3,200.