When you make the choice to franchise with a brand, you’re taking an excellent step…
If you’re thinking of starting a screen printing business with Fully Promoted, there are a number of important questions to ask yourself. Here are a few questions that you should ask yourself before becoming a Fully Promoted franchisee. While answers will vary from person to person, you should have a good handle on these questions before you take the next step in your franchising journey.
Are My Expectations Reasonable?
It’s important to set realistic expectations when making any investment, and a franchise investment is no different. At Fully Promoted, we work hard to help our franchisees succeed, but no one can predict exactly how a business will perform. Getting in touch with us to discuss factors such as where you’d like to open your store can help to give us all a better idea of how your business might perform.
How Much am I Willing to Invest?
Opening a Fully Promoted screen printing business does require a financial investment, but it also requires an investment of your time. While we strive to help our franchisees establish businesses that allow them greater personal and financial flexibility, franchisees need to invest time into their businesses while they are still being established. Attending trainings, finding the right staff, and setting up your store can all be time-consuming endeavors, and franchisees need to be involved in these crucial early stages. Make sure you have the time and motivation to give your business the attention it needs, when it needs it.
Do I Meet the Financial Qualifications?
It’s important that franchisees meet the financial qualifications we’ve set out in order to open a Fully Promoted screen printing business. Not only do our franchisees need to be able to manage the initial investment, we ask that they have a certain amount of liquid capital set aside as well. As a franchisee, you need to be able to manage the investment, but also support yourself in the early months of the business while you are still establishing a customer base. There are a few ways franchisees can secure the capital they need in order to open a Fully Promoted screen printing business — contact us to learn more about financing options.
These are just a few questions to consider as you contemplate investing in a Fully Promoted screen printing business. Contact us today to learn more about the process of becoming a franchisee, and to discuss your answers to these questions!