“How much does it cost to start an embroidery business?” It’s one of the questions we’re asked most frequently at Fully Promoted, along with many others. Check out a few of the most common. If you don’t see your question on the list, contact us! We’re always happy to share information about this exciting franchise opportunity.
How Much Does It Cost to Start an Embroidery Business?
The cost to start an embroidery business with Fully Promoted will vary depending on numerous factors, such as your location. With that determined, ours is a substantially cost-efficient investment– we estimate that most franchisees will spend $60-65K! We’re able to keep our initial investment so low because our franchisees don’t need to invest in an enormous stock of inventory to get started, as most items are custom ordered from our suppliers.
Of course, that cost also includes our initial franchise fee of $39,500, which grants franchisees access to our brand name and time-tested business model.
What Type of Customers Does Fully Promoted Serve?
Fully Promoted franchisees serve a wide range of customers. Business owners know that promotional products are a worthwhile investment – it’s estimated that 85% of people who receive a promotional product end up doing business with that company. With that in mind, Fully Promoted customers include:
- Service businesses
- Educational institutions
- Industrial manufacturers
As a B2B (business to business) company, it’s businesses relying on our services. It’s what makes our franchisees valuable members of their local communities.
What are a Franchisee’s Duties?
It largely depends on the role you’d like to carve out for yourself. Many of our franchisees choose to operate locations of their own. It allows them the opportunity to learn the business inside and out, cut down on costs, and develop strong relationships with their customers. Other franchisees choose to entrust day-to-day operations to their trusted staff.
As your business grows, you may choose to invest in additional Fully Promoted locations. Multi-unit owners divide their attention between these locations, ensuring that they’re all running smoothly and are meeting their targets.
We want our franchisees to have the freedom to make day-to-day decisions for themselves and the opportunity to create a set schedule that suits them. We’ll work with you to create a role that works for you.
What Kind of Support Can I Expect?
Too much to list here! Not only have we been in business for over 20 years, but we’re also a part of United Franchise Group, a franchise industry leader that specializes in helping new franchisees build strong businesses. Together, we provide franchisees with resources like marketing materials, research and development, business coaching, real estate assistance, and much more. You never need to worry about going it alone with Fully Promoted!
We’re happy to provide you with more information on the cost to start an embroidery business or anything else we can fill you in on. Contact us today and let us know your questions!