Financial Requirements
Owning an Instant Imprints Franchise
Franchise financial requirements are an important part of the ownership process. Before you move forward, you need to understand both the money required and the effort required to build the business.
For many businesses, lack of capital is one of the most common reasons for failure. In franchising, the conversation is a little different.
Franchise disclosure laws are designed to help candidates understand the investment needed to buy and support the business during the early stages.
That does not mean a franchise cannot fail. It means that financial planning should begin before the business opens.
Capital and Owner Effort
Some franchise failures can still trace back to insufficient capital. However, capital is not only about the money invested at the beginning.
It also connects to the owner’s effort. A new owner must invest time, energy, and focus to attract customers before working capital runs out.
Profits come from customers served well. They do not happen automatically because a business opens.
Like every new business, an Instant Imprints center starts with zero customers. From there, the owner works to earn customers, build relationships, and grow market share.
Support for Customer Growth
Instant Imprints provides training and resources to help franchisees attract and retain customers. These resources can support the owner’s business development efforts.
- Business development training
- Direct mail programs
- Social media programs
- Strong web presence
- Monthly and quarterly marketing campaigns
- Email marketing programs
Market share is earned, not given. The effort, will, and passion of the owner play an important role in building a successful business.
The information below gives you an overview of the financial qualifications for owning an Instant Imprints franchise.
Financial Qualifications
Typical Franchisee Financial Qualifications:
- Cash/Liquid Assets - $100k
- Net Worth - $350k
- Credit - 650+
Typical Franchisee Financial Qualifications:
- Cash/Liquid Assets - $100k
- Net Worth - $350k
- Credit - 650+
Financing Options
Many franchisees qualify for small business loans and leasing programs. Financing options can vary by country, lender, candidate qualifications, and business plan.
United States
- SBA loan assistance
- Conventional loan assistance
- Home equity assistance
- 401(k)/IRA rollover assistance
- Equipment lease assistance
Canada
- SBL program assistance
- Conventional loan assistance
- Home equity assistance
- Resale acquisition assistance
- Equipment lease assistance
Planning for Ownership
Financial requirements are only one part of the decision. You should also understand the time, leadership, and customer development effort needed to build the business.
Elsewhere on this site, and during discussions with our leadership team and franchisees, you can learn more about the work involved in owning an Instant Imprints center.
Our goal is to help you review both sides of the opportunity: the investment required and the effort needed to grow.
Making logos stand out.
We provide quality embroidery services on practically anything you can imagine. Our centers have state-of-the-art embroidery machines to provide you with anything from individual personalization to thousands of pieces. You can count on us to make your brand more visible.
Big or small, fancy and fast.
With wide format and digital printing equipment, our centers can produce nearly any sign, banner or display a business or organization may require, including retractable banner stands, A-frames, tradeshow booths and much more. For permanent or temporary use, indoors or out.
Personalized shirts with your logo or design.
We create t-shirts with custom designs using the latest technologies in direct to garment, heat transfers, lettering and screen printing which allows for maximum flexibility with order size and a fast turnaround to customize each order.
Items that stand out and are remembered.
There is no shortage of ways to promote your business. From branded pens to drinkware to flashlights, there are endless options at your disposal. Talk to us about finding the right solution for you and your customers.
Effectively communicate with ink and paper.
Let us help you create the printed materials that will promote both your brand and your message. Customized brochures, flyers, business cards, postcards, manuals, mailers and more designed to make you more visible to your customers.