Computers have come a very long way since their initial invention. The first computers took up entire rooms, but today’s computers can even fit into the palm of your hand. A majority of households in the developed world have a computer, and if there’s one fact about computers that is true about every single one, they’ll eventually encounter a problem. It could be hardware related, software related, or a problem with an accessory.
Whatever the problem may be, the average computer owner needs help to get it fixed. That’s where Computer Troubleshooters can step into help. If you know a little bit about computers, then this low cost investment opportunity could be right for you. Recently named one of the best franchise opportunities for veterans, Computer Troubleshooters is a fantastic opportunity for anyone who wants to run their own business.
What Are the Initial Costs of a Computer Troubleshooters Franchise?
The initial investment into this brand is quite small. The biggest expense, in fact, is the franchise fee that must be paid. The fee itself is variable based on your location and this organization is accepting franchisee applications from around the world. Right now, the franchise fee falls within the range of $14,900 – $19,900. The organization allows for a franchise to be run out of a home office, limiting the costs of a retail establishment even further.
There is a net worth requirement for the establishment of a franchise, but it is quite small – just $20,000. In addition there is a small liquid capital requirement of $7,000. The one issue that some franchise operators face is the monthly royalty fee. Rather than a percentage-based fee on gross sales, Computer Troubleshooters charges a flat $330 per month, no matter how much business is actually completed.
Absentee ownership of a franchise is allowed, but most owners choose to operate their business. 98% of franchisees within this brand are owner/operators and many of them are also sole proprietors.
What Do You Get For Your Investment?
Even though the investment costs are low, Computer Troubleshooters provides a good package of services and support to help each franchisee get their new business off the ground. You’ll receive:
Access to quality vendor relationships. One of the biggest struggles in the IT support industry is access to vendors that charge fair prices for replacement parts. With this brand, you’ll gain instant access to industry relationships that will keep margins high and capital expenditures low. Many franchisees run a low inventory and custom-order needed parts based on consumer demand.
Training to help make you successful. It may only be a 2 day training course that you receive with Computer Troubleshooters, but is a comprehensive training course. You’ll get more in this session than in what other franchise opportunities provide over the course of several weeks! To supplement this 2 day intensive training, you’ll also receive 8 weeks of ongoing support to help you establish an identity in your community.
Ongoing training is constantly emphasized. The world of technology is constantly evolving and changing, which means the best franchisees are not only up-to-date on the latest updates, but can also diagnose and repair some of the oldest of computers. There are people who still operate 386 systems or even older in their homes, which means having the knowledge to repair their system will simply benefit you later on.
You get access to a completely automated office system. All of your accounts receivable, accounts payable, invoicing, and even your calendar can be automated through the office suite provided by Computer Troubleshooters. This includes a professionally designed website and access to the organization’s intranet for instant access to updates, information, and new vendor relationships.
Your local franchise will get national media attention. Part of the flat royalty goes to provide advertising on a local level to continue the establishment of a local brand identity. There are ad slicks, social media marketing, co-op advertising opportunities, and regional marketing efforts that assist the overall national campaign to generate brand awareness throughout the world.
Why Choose Computer Troubleshooters As Your Franchise?
First of all, as a veteran or active military service officer or direct relative, you’ve got consistent opportunities to receive discounts of up to 20% on your initial franchise fee. That’s why this brand is consistently ranked as one of the Top 100 home-based and low-cost franchise opportunities. It’s also a Top 500 franchise opportunity globally.
The IT world is also ever expanding and people can do more and more from their own home office. Thanks to cloud services, it is possible to access your files and data virtually anywhere there is an internet connection. The growth of the mobile industry is often thought of as a phone-based industry, but the reality is that a smartphone is essentially a computer that you take with you every day that happens to be able to make phone calls.
There’s also outsourcing opportunities as small-businesses require more help to be able to maintain the speed of global commerce. One of the fastest growing opportunities is to provide local outsourcing services to business who need IT troubleshooting support. Other hybrid cloud services, such as multi-user document editing, intranet use, and even data mining will all require support at the local level and that’s what Computer Troubleshooters aims to provide.
For such a small investment, the potential for profits are quite large! The franchise agreement is good for 10 years and it is renewable after that period should it be desired. Although there is some risk each month of the flat royalty fee if business is slow, the reality is that many franchisees are able to make enough each month to make this royalty be just 2%-3% of their gross sales. Perfect for anyone who loves technology and computers, it is a low-cost way to begin investing.
For more information about whether or not Computer Troubleshooters is the right choice to make for you, then contact their national office today. International franchisees outside the United States will need to contact the main office of Computer Troubleshooters in person, by mail, e-mail, or telephone.