{"id":4070,"date":"2016-08-08T10:48:24","date_gmt":"2016-08-08T18:48:24","guid":{"rendered":"http:\/\/www.instantimprints-franchising.dev\/?page_id=4070"},"modified":"2024-08-23T10:28:42","modified_gmt":"2024-08-23T17:28:42","slug":"financial-requirements","status":"publish","type":"page","link":"https:\/\/instantimprints.com\/franchise\/franchising-opportunity\/facts-and-figures\/financial-requirements\/","title":{"rendered":"Financial Requirements"},"content":{"rendered":"
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Financial Requirements<\/h2>\n

Owning an Instant Imprints Franchise<\/h3>\n<\/div>\n<\/div>\n<\/div>\n
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Pretty much forever, the #1 cause of business failure has been \u201clack of capital.\u201d\"requirements\"<\/p>\n

Commonly, if you ask people what they think that means, they will tell you that the owner didn\u2019t have enough money when they started the business.<\/p>\n

But let\u2019s think about that for just a moment, in the context of a Franchise that is pretty much impossible. We sell you a business and the disclosure laws that support franchising are very specific about the money you need to buy and support that business in the early months or years.<\/p>\n

Now just to be very clear, we are not saying that buying a franchise makes it impossible to fail. We are saying that not having enough money in the beginning can\u2019t be the definition for franchises.<\/p>\n

Franchises can fail, and like any other style of business, some of those failures will be traced back to \u201cinsufficient capital.\u201d<\/p>\n

That happens when an owner makes the initial investment of $$$$ but not the initial investment of effort that is necessary to get the business up and running profitably before their working capital is exhausted.<\/p>\n

Profits are the result of customers served well, not something you are entitled to because you opened a business.\u00a0 Like every new business, you start with zero customers, and you earn customers from there. A franchise like ours provides tremendous training and resources to help you attract and retain customers, such as:<\/p>\n