Gauteng
This is one of the most exciting and satisfying business
opportunities that you will ever find and you will be right up there with the
latest technology in this environment. franchise specializes in different printing services from paper to T
shirts, mugs, gifts etc and Internet service. This is an essential service
industry. franchise offers a service that is used by all businesses, schools,
organizations and even by households and individuals. People make use of franchise because it is too expensive to buy the equipment for their needs and it
is professionally done by franchise that in return also saves them a lot of time.
Advantages of choosing a franchise
With a franchise you buy into a proven business concept and you are reducing your risks. You are, in effect, making use of other people’s intellectual capital and goodwill, rather than starting from scratch. In addition, you’re learning curve is shortened, by drawing on the franchisor’s years of experience. The franchisor will set up your business and give you full training in every aspect of the business as well as ongoing support. In addition, the franchisor is also able to provide ongoing research and development, thus contributing to new products and services.
Franchising provides the entrepreneur with the opportunity to participate in a large business operation. In this scenario franchising makes it possible for some people with limited capital to become small formal-sector businesspeople by lowering the entry level cost. The profitability of a franchise business is higher than that of a nonfranchise business, which allows the franchisee to expand his/her business faster and provides a stronger cash base.
The franchisees will also have the advantage of collective buying power that will increase profits. The combined infrastructure can also be used to achieve a more effective marketing strategy by maximizing the ad spend of the group and obtaining better prices for advertising. Collective advertising will also be done amongst the franchisees which is normally too expensive for one business to do on its own.
Buying a franchise means becoming part of a family where all members work together for the good of the whole. All franchises contribute to and share in ideas to the benefit of the franchise, while ultimately working for them. Because franchises are involved in a business in which they feel independent, even though a network of support and an organizational safety net ensure business success are in place, they are motivated to make it a success.
Franchisees have a much better chance of success than non-franchisees who start up their own business. The reason for this is that management and training systems are in place to enhance effectiveness and efficiency, which in turn reduce the risk of failure.
A successful franchise could ensure excellent resale value to an established business. It is seen as a more viable purchase option to prospective buyers than a stand-alone proposition in the marketplace.
Services
Franchise offers a wide range of services to customers starting with
Color Copying and Printing
T shirt printing
Mugg printing
Name tags
Internet and E-mail
service
Flyers
Business Cards
Faxing Service
Binding Service for
Books and Documents
Laminating
Digital Printing
Directly to a Printer
Cutting Service
Scanning
Typing & CVs
Computer Designing
Cards for Special
Occasions
CD Writing
Digital Camera
Printing
Letterheads
The Franchise Options
Franchise
cost
Cost R 280 000
Additional cost like flooring, extra walls, extra furniture, toilet facilities or other requirements by the franchisees will be added on to the price and for the cost of the franchisee.
Deposit
R 115 000
Royalties
Fixed at R 600 pm.
Premise’s size
± 50 m²
Personnel
2
Franchisee duties Sign
Lease Agreement
Pay deposit
ADSL connection or another Internet
Alarm connection
Electricity connection
Office Equipment
Copiers & 1
x Colour copier
Printers 1 x Black copier (16 ppm)
1 x Ricoh sublimation system
Computers 1 x Main computer
3 x Internet computers
Software
Windows
Microsoft Office
Printmaster
Anti virus
Furniture Counter
4 Workstations
4 Internet stations
2 Stationary bookcase
5 Chairs
Other 1 x T shirt & mugg press
1 x Laminator
1 x Fax machine
1 x Till
1 x binder
1 x digital camera
Scanner, guillotine etc
Paper stock
Stationary stock
The above mentioned is a broad layout of what the franchise
entails, and more details will be supplied as soon as the franchisee is
approved and the “Agreement to buy” is signed.
Your bigger franchise can handle larger volumes of work and is designed for shopping centres and larger towns. The small franchise is designed for smaller towns and rural areas. With the smaller franchise you can always grow into a bigger franchise as you expand.
Both packages are designed through experience to put you in a profitable position as soon as possible. All the equipment that you will need to run your business professionally and at a low maintenance cost is included in the setup. As your business grows you can expand by getting in bigger and more machines and the package is designed that you can upgrade as the need arrives.
Training is provided in all aspects of the business.
Business Format and tax registrations
You as the franchisee can decide what business format you would like to use. That can be either as a sole proprietor, a partnership, or a close corporation. It is suggested that you establish a Close Corporation.
You will have to register with your local tax office for income tax purposes and if your turnover is more than R25 000 per month you have to register for VAT as well. You will be assisted in all these matters.
Competition
In today’s marketplace you can be sure that you will have competition. Competition is in the form of other existing Copy Centers.
Requirements from prospective franchisees
This is an easy business to run and you do not need any formal training or previous experience to be trained into this business. Having said that you have to make sure that this is a business that you will enjoy running and at some stages, depending on the workload, it will be required of you to put in some extra effort and longer hours. You will have to learn some of the latest technologies on the machines that will be used. Thorough training will be given on all the equipment and you will also be updated on all new developments.
You must have good people skills and the ability to market yourself and your business.
Prismatic Brokers offers a comprehensive range of property,
business, and solar solutions across various
sectors,
to find out more contact us