Why the Franchise Model?
Survival Rates of Independent Businesses vs. Franchises
One of the most intimidating factors to overcome as a small business owner is the fear of having an unsuccessful business. Whether you’re funding your venture with debt, retirement funds or cash from family and friends, there is always a risk to your investment.
According to the Bureau of Labor Statistics, about 20 percent of all businesses in the U.S. close after the first two years of operation and a little over 38 percent after four years. However, these numbers vary greatly depending on the type of business you own. It’s generally accepted, because of their established, proven business practices, that franchises have higher success rates than independent businesses.
There’s a lot of information about success rates of franchises, and to predict one brand will be successful while another won’t is extremely difficult. One way to research the risk of a specific franchise brand is to look at their SBA loan default rates. In a five-year study performed by franchise consulting firm FranNet, their results showed 92 percent of their franchise placements were still in business after two years, and 85 percent after five years.
How does AlphaGraphics plan for the future?
In this video, you will hear about how our NetVision 5 committee, made up of owners and corporate leadership, plan for the future of AlphaGraphics printing businesses. We have a plan for the future and a roadmap to get us there! It’s an exciting time for our organization!
Discover the AlphaGraphics Difference
In our first 50 years, we’ve learned a lot about how to provide top-quality services to our customers, and unparalleled support to our franchise owners. This is just part of what makes AlphaGraphics printing businesses some of the best franchises to own. Read about some of our franchise owners’ stories below.
FROM EXECUTIVE TO ENTREPRENEUR
Steve Webb found the balance of freedom and stability he was looking for AlphaGraphics ownership. Our unique approach to franchise ownership allowed him to achieve his career goals without leaving innovation behind.
HARD WORK PAYS OFF
One of the things that makes AlphaGraphics one of the best franchises to own is that your business can grow with you. Brian McDaniel, a former Coca-Cola executive, has seen firsthand how the scalability of our model makes a big difference in business outcomes.
BANKER CHOOSES ALPHAGRAPHICS
You don’t have to have a background in printing to succeed with AG. Atul Chugh found his middle-management experience in the banking industry helpful when he became a franchise owner. We love the entrepreneurial spirit, and we’ll give you the support you need to express yours.
FORMER XEROX EXECUTIVE
Executives are valuable members of our team, too. Greg McDonough spent two decades as a Xerox executive before starting his journey as an AG owner. Greg has been pleasantly surprised by how his team and business have grown, thanks to a strong network of support from the AlphaGraphics team.
WHAT IS IT LIKE BEING AN ALPHAGRAPHICS OWNER?
Whether you’re a first time owner, converting an independent shop to a franchise, or taking over the family business, there’s nothing like knowing you can help creative entrepreneurs from all walks of life realize their vision through innovative print marketing.
You’ve got business acumen and a passion for helping people meet their goals. But independent business ownership may come with heightened risk. Learn more about owning a printing business and why AlphaGraphics is among the best franchises to own.
59 YEAR OLD PRINTING COMPANY CONVERTS TO ALPHAGRAPHICS
Simply put, hard work pays off. Your business is what you make it. For our dedicated franchise owners, that means increasing opportunities for acquisition, expansion, and collaboration as your business develops.
Whether you’re looking to start your print marketing business from the ground up, or transform an existing print business, you’ll have the resources and support you need to equip your customers with comprehensive print and design solutions that take their branding to the next level.
If you’re focused on building long-lasting relationships with visionary clients, AlphaGraphics is a great way to strengthen your sales skills in an environment that values creativity, growth, and professional development.
During the Discovery process, you’ll meet AlphaGraphics team members who will share the real challenges, real lessons, and real successes of franchise ownership. We’ll make sure you’re equipped to make an informed choice about what steps to take toward career freedom.
Ready to see the AlphaGraphics difference for yourself and get involved with one of the best franchises to own?