How much is postal insurance

how much is postal insurance

Offer your customer a variety of FedEx, United States Postal Services, and DHL International shipping services, and office supplies all from one convenient location!

2010 Franchise 500.

#2 Shipping Store Franchise Chain!

Thank you for your interest in joining the Goin' Postal family! As a nationwide network of proactive, positive, and enthusiastic entrepreneurs, we are on the path to making our financial goals a reality, and we hope that you will join us to share in our mutual success.

At any point during reading this information you are welcome to contact us with any questions you may have.

As part of our Goin' Postal Shipping Store family, you will be given the knowledge that we have gained from owning and operating our own shipping business, and listening to our ever growing family of franchisees.

In this information packet and in our FDD (Franchise Disclosure Document) which you can request by submitting the franchise inquiry form ; we will give you an idea of what to expect. Those materials answer 99% of the questions that people ask us about Goin' Postal. Obviously you may have additional questions, and we are always happy to answer those in person or by email or telephone.

Please read as much of this information and the FDD as possible before calling or emailing with questions, so that we can focus on your specific situation.

Goin' Postal Franchise Corporation, Corporate Headquarters in sunny Florida.

Goin' Postal?

Founded by Marcus Price and M.J. Price in the third quarter of 2002, Goin' Postal quickly proved itself to be a favorite with its customers, consistently drawing a steady base of loyal patrons away from the competing shipping chains. The Price Family got its start in the shipping business by owning and operating several very successful online retail websites. Using all the knowledge gained from the shipping and logistics end of running busy websites, The Prices decided to offer their shipping and packing expertise to the public. Within a matter of months, Goin' Postal's first store was busy enough to warrant opening a second store in a prominent location. After a year of working toward an efficient and streamlined shipping and packaging business, the founders of Goin' Postal started began developing the idea of franchising the company. Within a few weeks of offering franchise opportunities, the company had sold its first franchise, and by the time the first franchise store was ready to open, the company already had a line of people ready to open their own Goin' Postal stores. Goin' Postal easily reached its goal of 20 stores by the end of 2004, and is now working toward its expansion goals. Goin' Postal is a force to be reckoned with in the shipping industry. The cornerstones of Goin' Postal are fair prices and superior customer care. We think that is the recipe for success. and our customers, our franchisees, and their customers all agree!

Ready to move forward?

Contact call 1-800-504-6040 or download our Franchise Disclosure Document

What are we working toward?

There are two types of shipping stores. Those independently owned, and those that are part of a large franchise chain such as The UPS Store, Pak Mail, PostNet or Goin' Postal. Both have their advantages, and disadvantages. The advantage of being an independent shipping store is the opportunity to run your business exactly as you please. On the opposite side of this is the fact that no one will help when you have a problem, you won't have the benefit of an easily recognizable and trusted name, and you won't have any clout with a vendor when you have an issue to be resolved.

While the big chains are very strict about how the business looks and runs, they benefit from the increased buying power of a large company for things like supplies and even health insurance. Being part of a large chain usually comes with a hefty price tag, sometimes in the hundreds of thousands of dollars just to get into business.

Goin' Postal offers all the benefits of being part of a large future chain without that whopping great price tag, and with flexibility as to how you will run your own business.

In a nutshell, y ou can have the best of both worlds with a Goin' Postal store and so we are building our own chain, to bring the American Dream within the of reach of everyday Americans.

As a smaller direct management company, w e can adapt quickly to changes in the marketplace while using the growing number of stores to build awareness and name recognition for our brand. By opening a Goin' Postal store, for a relatively small investment, you can get the help you need to get started, and you can own and operate your own store as your own business.

We support our franchisees, offer free training (included in the price of the franchise fee), free continuing education, free telephone and email support, free networking assistance, free advertising and PR assistance, and much, much more. Unlike those of our competitors who are primarily interested in selling franchises (for a whopping great price tag. some as big as 5 times the cost of a Goin' Postal franchise!) to make their money and then leave you "on your own" for problem solving and continuing education, we at Goin' Postal are more interested in assuring the success of our individual franchisees, and in building a strong chain of very, very happy Goin' Postal store owners and customers.

What is a Franchise?

In opening a Goin' Postal store, you are an independent franchisee. You will establish and organize your business under your own name, and will be doing business as Goin' Postal, in just the same way as owning a McDonalds restaurant franchise or a Curves Fitness gym franchise. Goin' Postal Franchise Corporation will help you set up your new franchised store. Once your store is open you will benefit from the growing public awareness of The Goin' Postal Name. In addition, we will always be there for you when you have a problem. Also, as part of our chain you will be able to take advantage of our increased buying power as we negotiate better deals with vendors for everything from shipping to office supplies. In general, a franchise is a grant to use our Goin' Postal name to operate a packing and shipping store in a specific territory, and to use our GPFC tried-and-true trade secrets, methods, proprietary manuals and software, and other materials to operate that Goin' Postal store, and to benefit from our experience, business acumen, negotiations and advancements with vendors and carriers, continued technical support, assistance, and advisement for the term of your contract with us. The benefits of owning a franchise are essentially that you get to use a trade name, have a fairly standardized store appearance, receive standardized training, enjoy ongoing support, experience a reduced risk of failure (as opposed to figuring it out on your own and "winging it"), use a pre-tested standardized methodology to run your business, and other perks.

What is the FDD?

The FDD is the Franchise Disclosure Document. This is the legal disclosure document that tells you everything you need to know that is material to the business you are about to buy and about us as a company. It also includes the Franchise Agreement that franchisees sign and send in with their franchise fee in order to become a Goin' Postal franchisee. The Federal Trade Commission mandates that all franchises provide this document in an approved format at least 14 days prior to entering into any contract with or receiving any payment from a franchisee. Some states have their own rules about how long you must have the FDD prior to signing any binding agreement with us but that is discussed in the FDD itself.

Why was Goin' Postal the first company and still one of the only one's to provide the FDD on its website?

The biggest reason is economy. To print and mail out an FDD to everyone who requests one, at our current size, Goin' Postal Franchise Corporation would have to collect an additional $400 per year from EACH of our franchisees just to cover the costs. We don't think that would be fair to our franchises, so instead of spending huge amounts of money and killing hundreds of trees printing FDD's, and paying the Post Office $8 apiece to mail them, we put it right on the website where you can access it immediately, read it online, and then print it yourself for mailing in. If you buy a competing franchise that DOES send out nice glossy presentations ALL of the money to put on that show comes out of the money they collect from YOU!

Also, most companies want to get you on the phone before giving you any information so they have more chance of making a sale. We prefer to give you all the information and to let you make a decision and be comfortable before making phone contact. We always have a lot of new franchisees joining the chain, so we don't find it necessary to pressure anyone into buying a franchise with a "hard sell" approach. Choosing a franchisor is very personal and the choice has to be right for YOU, not made by some salesman.

What if I don't want to print it out?

Running a small business is a lot of work, and you will invest a lot of money into it. We find that if someone doesn't want to spend a few dollars to print out the FDD, there is no-way they will invest tens of thousands of dollars and the effort required building a successful business.

If you do decide to come and make a personal visit here at our headquarters prior to purchasing a franchise we will be happy to provide you with a printed copy while you are here, as at that point you have already made an investment of both time and in travel expenses to come and see us so we know you're serious.

Ready to move forward?

Contact call 1-800-504-6040 or download our Franchise Disclosure Document

What are Goin' Postal's greatest assets?

The name . With its mixture of humor and direct description of what we do, it has become an invaluable asset to the expanding scope of our business. While 99% of people love the name. NO ONE EVER FORGETS IT!

Our management, drive , ambition and creative ability. We are a dynamic team dedicated to the success of EVERY MEMBER of our business family. Our drive is apparent just from looking at the growth of our chain compared to everyone else.

Our approach to customer care . We actually care about our customers, their families, and their mail and packages. We strive to approach each customer as a cherished friend and we provide all of our customers with friendly service combined with professional skills and the lowest rates, all in a polished corporate atmosphere. Our customer care is superior to all others and we're very, very proud of that.

Our Flexibility. We will give you a lot of flexibility in how you run your store. Being in business is meant to be fun, and it's no fun to have a massive faceless corporation breathing down your neck every moment of every day. Goin' Postal isn't like that, and never will be, no matter how large we become.

The Opportunity to Offer a Variety of Shipping Services. While we cannot promise that you can offer each and every shipping service available (as those companies are not controlled by Goin' Postal), we can promise that we will aid you in becoming authorized to ship through all the major carriers, and will do everything in our power to help you to offer all of the services that you wish to offer in your store. All of our stores offer the major carriers including FedEx, USPS (U.S. Mail & Stamps), and freight carriers. All of our franchisees have been able to offer all of the carrier services that they wanted to offer. Our stores not only offer all the standard larger carriers but also have the opportunity to use their local carriers. This also takes out the problems of carrier strikes and shutdowns for one reason or another as it never means you are left without a business if one carrier stops working for any reason.

A multitude of other products

Our stores offer everything from shipping to ink & toner and document services to office supplies. Most franchises offer only one or two of the products and services that our stores have in their models as it is easier to teach only a small part of what Goin' Postal teaches. You get eBay chains, ink & toner chains, office product chains, and shipping chains. Most franchises all come with a hefty price tag for one or two services, but Goin' Postal includes all of these services and more in one model, making for much more profitable franchisees.

We actually test our products and services! We are the only major chain with a main company store where we test products and services before they are released to our franchisees. We don't believe in letting our franchisees be guinea pigs for our ideas so we test everything before they ever see them.

Goin' Postal is the only chain to grow over the last two years

While the economy has been difficult for the last two years, and The UPS Store, PostNet, and our other competitors have all shrunk in the last two years, Goin' Postal has grown to become Entrepreneur Magazine's number 2 shipping chain and was the only store to grow between 2008 and 2010.

Why is Goin' Postal the fastest growing shipping chain?

We have a business model that is more successful than our competitors, yet we help our franchisees establish their stores for a small fraction of the cost. If you take the investment required to open one of the other franchises and compare it with ours, there is no competition (and that is what is scaring our competitors. ). While there is no way to take a competitor like The UPS Store or PostNet to a small town because of the higher investment, our stores can open in much smaller markets and still be highly profitable due to the low overhead. With our business model we are able to open successful stores in ten times as many markets as our competitors, and still leave our franchisees with more profit in their pocket at the end of the year.

We also strive to make our franchisees happy and productive members of our chain. While other large chains have major morale problems, we try to turn around any issues very quickly to maintain a positive direction for the company. A testament to our success is how our franchisees get their families and friends involved in opening stores so they can share their success. It is very important to us that our franchisees are satisfied and so we work hard to avoid the problems the other chains experience.

Also, unlike other chains, we don't have an endless line of committees for you to go through to get something done. Every franchisee has our direct contact info and the cell phone of at least one of our management to have a direct line to a solution.

Ready to move forward?

Contact call 1-800-504-6040 or download our Franchise Disclosure Document

What makes Goin' Postal different from all the other shipping store franchise chains?

Amazing customer service (see above).
  • Attention to detail.
  • A family business attitude.
  • Super name, logo and product recognition.
  • As a small organization, we can adapt quickly to changes in the marketplace.
  • As part of our business building practices, we are constantly developing new products and services that are only available through our direct retailing in our stores and on our websites.
  • Innovative services such as our mobile shipping stores.
  • Currently the initial investment required to open a Goin' Postal is approximately 25% of our competitors' shipping stores. Our business model is designed to allow you to open a store with the minimum out of pocket investment and to let the business pay for its own expansion.
  • Unlike the other large franchise operations, we are in the shipping business, not just in the business of selling franchises. Our goal is to own and run a chain of shipping stores, not just sell the logo on the front of the building and take a step back.
  • But most important of all is the flexibility that you will enjoy with Goin' Postal. Within the boundaries of our established guidlines and rules which server to protect and preserve the Goin' Postal name, our trademarks, and our corporate identity, you will have tremendous flexibility in running your store and deciding the products and services you intend to offer.
  • Superb continuing education materials, support, guidance, access to our creative promotions staff, and assistance from the entire caring, professional GPFC staff. You are NEVER "released into the wild" and left to fend for yourself with Goin' Postal. We are here for you, as your behind-the-scenes team to cheer you on and to help you to succeed every step of the way for the duration of your term as a Goin' Postal franchisee. Your success is our success, and we take that success very seriously.
  • Now we are achieving major name recognition, why would anyone pay over a quarter of a million dollars or more for exactly the same thing they can achieve with a Goin' Postal store for a fraction of the price.

  • How much will I make?

    Just like every other franchisor, we can't project what your store will do as every store is going to be different based on the location, the initial investment, the economic conditions of the surrounding area, the overhead, your management style, parking availability, square footage and layout of your shop, your customer service skills, and a wealth of other variables.

    What kind of salary should I pay myself?

    In the beginning it is more realistic to focus on making your business successful than on taking money away from your brand new business to pay yourself. This is why we like to see 6 months worth of expenses in the bank before you start. If you are on a shoestring budget and you need an $8,000 a month income to survive from day one, a start-up business isn't for you.

    How do I make money from shipping?

    Good question! For some carriers you will receive discounts based on your volume, and for others you will get set rates dependant on what we have negotiated. The discounts received vary depending on the service you are selling to the customer. For example: Next Day Air and international services receive a far higher discount than ground services (basically, the more profitable a service is for the carrier, the higher the discount). Also, please see the section below in reference to how GPFC allows each of its franchisees to set his/her own mark-ups, and why.

    As well as the discounts that you will receive, you will also mark up the rates, which will increase the spread between your retail price and discounted wholesale price, thereby increasing your profits even more.

    Can you tell me how much money I'll make on each box shipped from my store?

    That's like saying "How much is a bag of potatoes?". No one can tell you that simply because each and every package will be different, and because that question cannot be answered for even one package without knowing a wealth of factors, just a few of which are: the carrier your customer chooses (FedEx, DHL, USPS, etc.), your discount tier, the speed of service desired by the customer (various speeds have various discounts as explained above), the amount of insurance desired by the customer, the dimensions of the package (LxWxH), the weight of the package, the Zip Code of origin, and the destination Zip Code. Also, GPFC understands that every town and city is different, and thus GPFC permits its franchisees to set their own mark-ups to reflect the climates of their local marketplaces. For example, a store in Los Angeles will most certainly charge rates that differ from those charged in Oneonta, Alabama because these two markets are so vastly different. The only guidelines that GPFC is extremely strict about are that price gouging is never permitted, rates are always to remain competitive within the local marketplace in question, and that the GPFC mottos are to be remembered and lived by: "Remember that every customer is someone's parent, grandparent or friend, and should be cherished and treated like gold," and "It's okay to make an honest living. It's NEVER okay to overcharge."

    How much work is involved?

    Running your own business is the most rewarding career anyone can ever have, but the 9-5 of a regular employee's life will be a thing of your past. For the first few years you will eat, sleep and dream your business. You will work harder and for longer hours than you could ever imagine, but you also enjoy the great pride that comes with owning a successful business that you have cultivated. The more employees you have, the less you will have to do, but obviously the less profit you will make at the end of the year.

    What about setting up my store?

    Goin' Postal also has a different approach to actually setting up your store. While with the other chains you can easily spend over $100k just constructing your store (not including anything else like copiers, franchise fees or rent!), Goin' Postal will show you how to do EXACTLY the same build out for around $5k! It's not magic. When the other large chains send in their own contractors to set up your store and charge you $100k for it, the chain may be getting a large "kickback" from the work and supplies. We'll tell you what to do, you can paint the walls, build the counters, install mailboxes, all with our advice (and even with our help if it's not done when we get to your store), and thus we can save you small fortune. Everyone has someone who can help them, whether it's a brother in law who's a contractor, or a friend who knows how to swing a hammer. Even if you do decide to hire a contractor, shopping around locally can save you tens of thousands of dollars and we will always help with consulting with

    your contractor of choice and supplying plans.

    Turn-key store option

    We understand that a lot of potential franchisees don't have the time to do everything necessary to establish a new store so we do have a turn key option that allows you to just walk in and be handed the keys to your new store and be ready to go. See our FDD for pricing for our turn-key option or call us at 1-800-504-6040.

    What does it take to run a business?

    It takes more commitment, energy, and passion to run your own business than it does to work for someone else. There is no taking a day off because you have a headache, or because you want to go to the beach. It also takes a more adventurous personality and a quick-thinking brand of intellect, as no matter how much you plan, you never really know what is going to happen tomorrow with your business.

    Starting a business takes a lot of sacrifice that most people aren't willing to make. If running a business were easy, everyone would have one. Everyone will say, "I'd love to start my own business," but in reality, only 10% of people ever take the plunge and do it. Just by researching a business opportunity you are already close to that 10% that lead the world in income and freedom.

    With dedication, drive and realistic expectations, anybody can be part of the exclusive group of the nation's business owners, but if you go into business with the notion that you'll be driving big fancy cars in 6 months, moving into a palatial estate home soon, and relaxing on an island while your staff does all the work, you'll be sadly disappointed. It can takes years of hard work to make it, and you have to be willing to struggle to make your life better. If you can't take the stress of juggling bills every now and then, you won't make it. If you think, "I'll never have to juggle bills because I already have lots of money," you may not have the hunger to succeed, or realistic plans, and you still might not make it. And if you don't like to take responsibility for things when they go wrong, then you definitely won't make it. Running a business, and every problem that needs to be dealt with in that business, is ultimately the responsibility of the owner. If you want an easy life, the only answer is to work for someone else.

    Most franchisors will NEVER tell you that you could fail using their system, it's just buried somewhere in their FDD to remove liability, but they ALL want you to think that their system is the only guaranteed way to make money. The fact is, there is no guaranteed business system and no guaranteed franchise. It doesn't matter whose logo is on the front of your store or what you are selling, the business ultimately succeeds or fails because of you. You have to stick to the system. You have to put in the hours. You have to do the work. You have to be willing to sacrifice. Franchisors hide their failures and problems from potential franchisees in a myriad of ways. We don't. We've had a few stores fail. However, the failures were not a result of the system. The few folks in our chain who didn't make it went into business looking forward to the private island and big cars, and were disappointed within 3 months and simply gave up, or had irresolvable partnership problems, or didn't stick to our program in some way. and quite frankly, simply just didn't have what it takes to be a business owner.

    Before you start a business, what you have to ask yourself is: "Am I willing to give my business 100% of my effort for as long as it takes in order to make it a success?" If you are you could be part of the exclusive group that succeeds on building a large successful business to hand down to your children. If running a successful business were easy, everyone would have one.

    One of our first tests for who we will approve as a franchisee is a person's attitude toward this information and the FDD. If we have a potential franchisee complain that there is too much information to read on the website, there's no way that he/she is ready to commit 100% to running a business. The same thing goes for the FDD / Franchise Agreement. We email FDD's instead of printing and mailing them which saves us over $100k a year, which in turn means that we can keep our franchise fee and royalties low because we don't need to charge our existing franchisees to help us cover what would be an entirely unnecessary expense. If a potential franchisee doesn't want to print out an FDD because of the $5.00 worth of ink and paper, there's less than a 1% chance that he/she will invest the time and money to open a store. Another test is when we actually receive the FDD and Franchise Agreement with a check, and it's filled out incorrectly and the person hasn't asked for help. If it's filled out completely wrong, it means it was never read, and anyone willing to sign a 200+-page document without reading it probably won't make it in business. You should always read contracts before you sign them. We like nothing more than to get a contract that someone has covered in highlights, as it shows that he or she looked over every aspect of it and gave it careful consideration before sending it in. We have someone on staff whose primary job is to walk new franchisees through filling out the FDD and Franchise Agreement so that they fill it out properly. All you have to do is call and ask for help with it, and she will cheerfully walk you through it, step-by-step. You are always welcome to call us and ask us about items in the Franchise Agreement and we'll explain them to you.

    We understand what it takes and we know first-hand about the sacrifices you will make, as we already made them ourselves years ago. Our chain is a bit different then some of the others since the founders of the chain (now the CEO and President of GPFC) aren't typical executive-types. They both worked behind the counter in the first store, fixed the toilet when it was broken, washed the windows when they were dirty, and built the most successful shipping chain in the nation from scratch.

    When they started the first store, they traded their nice car for a delivery van, cooked meals at home instead of eating out all the time, and had internet access at work only instead of at both our office and at home. They worked nights and weekends, and they managed both time and money very, very carefully because that is what it was going to take to become successful in their endeavors. The business HAS to take precedence over fun (expensive) activities until it is successful. They worked hard to make the first store a profitable, self-sufficient enterprise, and they still oversee its operation to this day. Everything we teach franchisees to do for their stores, we do for the main company store and that is why it continues to grow, every day, into its place among the most successful shipping stores in the country. That's another reason why you should consider Goin' Postal over the other chains. We have a company-owned store that we run every day, just as if it were a franchise. We test products, services, and marketing programs to make sure they work BEFORE we recommend them to our franchisees for use in their stores. Other chains don't have company stores, so you have to wonder how, in good conscience, they can recommend that their franchisees use products, services and marketing plans that haven't been tested in a company store. We test everything first in the company store. If it doesn't work, our franchisees never hear about it. If it's a money-maker, we roll it out to the chain.

    Ready to move forward?

    Contact call 1-800-504-6040 or download our Franchise Disclosure Document

    Your personality vs. your business

    One of the most important personality traits is to be friendly. Running a small business is all about making your customers feel special. Customer service is why a person will visit your store, and will be happy about it. If you pamper your customers, they will come to you, their caring neighbor, and will prefer to pay you for services rather than giving their hard-earned dollars to one of the larger faceless corporate stores like The Wal-Mart Business Center, or Office Max.

    Nothing makes a customer feel more special than knowing his name, being kind to him, and knowing at least a few details about his family.

    Superior customer service, a positive outlook, necessary skills, confidence, energy, drive, and a friendly demeanor will be your best assets.

    Do I need to know how to type or be good with computers?

    The entire shipping industry is run by computers, so understanding what "right click", "tab", "minimize", and other computer terms mean are pretty much a must (or you should at least be willing to learn!), as is typing ability. If you are not computer savvy, you may want to at least take a computer class at a local community college or purchase a typing tutorial program at Staples or another office supply store. Generally, the faster you can type, the faster you can process shipping labels, which equal money in your pocket. (That's a great incentive to learn to type, right?!)

    Do I need good credit?

    No, but it obviously helps. Borrowing money for equipment is obviously easier if you have good credit. As part of our commitment to your success, we will help in any way we can. If you are looking to finance your business through a loan you will definitely need good credit.

    Can I get funding?

    As it's a fairly small investment most franchisees never seek traditional funding, but it can be arranged if necessary if you have good credit.

    The best rates are always available on secured financing products such as home equity lines but you have to decide how much risk you are willing accept.

    Currently, with the credit tightening that has happened in the economy, traditional financing is VERY difficult to come by. The most recent statistics are that 90% of financing is privately held, whether its home equity lines, loans from friends and relatives, or financed through a 401k.

    Do you have a business plan that I can use?

    Yes. Our business plan is available to franchisees that have already signed a franchise agreement and submitted a franchise fee. We cannot provide it before you are franchisee as it contains sales figures which may influence your decision to join our chain. We want you to make that decision yourself and then be happily surprised.

    Accessing my IRA or 401k? How does that work?

    There are multiple companies and financial planners that will set up your new corporation, and a new retirement account within the new corporation, and then roll over your old retirement account into the new account. Then your retirement account purchases stock in the new company as an investment, just as it would purchase stock in GE or Wal-Mart as an investment. The money paid to purchase the stock from the new company is then available to the new company for everything from your franchise fee to buying equipment and paying rent. We aren't in the business of helping people to access their 401Ks or IRAs, but if you have specific questions about the necessary steps and the process, we can direct you to financial professionals who can answer those questions for you.

    Credit Cards, etc.

    Most people have several credit cards available to them which can also be used for just about everything involved in opening your store. Goin' Postal is the only franchise that has arranged to be able to accept your franchise fee via credit card, and we can also charge your Point of Sale System to your credit card. We don't recommend using your credit card for is cash advances, as these carry a much higher interest rate.

    Ready to move forward?

    Contact call 1-800-504-6040 or download our Franchise Disclosure Document

    How much money should I have set aside?

    We recommend setting aside approximately 6 months' worth of BOTH living expenses (this will vary according to your particular lifestyle, family, region, etc. so we cannot offer a ballpark figure) AND 6 months' worth of operating expenses (again, this will vary due to your particular area and your specific needs) combined. If you set aside 6 month's worth of total expenses, then you can relax a bit and can enjoy owning your own business rather than worrying about those expenses. To figure out what you really need you have look inside yourself and be realistic. Are you willing to share a car, eat cheap, and put off all extra personal expenses until your store is profitable, or do you want to keep the lifestyle you're accustomed to regardless of building a business? The difference can be tens of thousands of dollars in your cushion and success or failure of your new business.

    When should I open my store?

    Obviously, in most parts of the country, Christmas is the busiest time of the year for a shipping store, so the closer you open to Christmas, the quicker you will potentially become busy. However, the earlier you open in the year, the longer you will have to become established, to advertise and to become involved in your community's events, and to become proficient with the software and in the business in general. Generally most stores see a 3x to 4x increase in their average business during the holiday season. With this in mind, obviously the longer you are open and gaining new customers the better your holiday season will be.

    Seasonality of your location should also be taken into consideration. For example, if your town is busy in the summer months, you should consider opening a couple of months before the season begins.

    How long does it take to open my store?

    About a month to six weeks. From day one of obtaining permits and licenses, to you being in business with your doors open, the entire process should take less than a eight weeks. Your initial groundwork will be to find a location. As it takes approximately 8 weeks to open your store, training will be booked on a first come, first served basis as the deposits and contracts are received at our headquarters. Turn-keys generally take about a month longer than a standard store as we have to have fixtures and other items manufactured for your store.

    Where should my store be?

    We will help with this based on your initial scouting of your chosen business area. The benefit of a high traffic and high visibility location must be traded off against high rent payments, unless you have a large amount of back-up cash available at the time of opening to carry you through until the business becomes established.

    Obviously, a fantastic location is a marvelous way to start off, but the strain of $5,000 or more per month in rent could finish your business off before it has a chance to become self-supporting. We want every Goin' Postal franchisee whom we help to be a success and we want your business to cause you as few sleepless nights as possible!

    You should also consider parking availability, the types of other businesses around prospective locations and if they would feed your shipping store or detract from it (such as a seedy neighborhood wouldn't encourage foot traffic), and how close your prospective locations are to competitors and to post offices.

    What size and type of building should I be looking for?

    While you can open your store in approximately 600 square feet if that's all that is available, we have determined that approximately 900 to 1200 square feet is optimal. If you are planning on selling other services such as office supplies, or plan to have a bank of computers for public internet access, you will need to adjust the store size needed accordingly.

    Through not completely necessary, rear access is a positive aspect of any building, especially if it has a loading dock, as this will make pick-ups and drop-offs by FedEx and freight companies much easier and in some cases, a lot cheaper.

    Ample parking is essential. No one wants to walk 500 yards to your store with an armful of packages and this could make or break your business. We have found having 5-6 parking spaces in front of the store, with one being handicapped accessible, is quite sufficient.

    How much should I anticipate spending to open my store?

    Our current franchise fee is $15,000, the cost of two POS systems and some other items that are neccesary and must be purchased from us is $10,115. Your additional investment will be between *$21,750 and $114,385 (for equipment, rent, etc.), making your entire investment between $48,865 and $139,500. (*Amounts for rent and other expenses will vary from region to region and may be higher or lower in YOUR particular area of the country.) These numbers are based on actual results from franchisees opening their stores. Doing the work yourselves vs. a contractor can make a huge difference in expenses, and that's why we recommend you do it yourself.

    The majority of your investment can be financed either through loans or credit cards, as most of it will go toward construction and equipment. Bear in mind, however, when deciding whether to invest cash or to put expenses on a credit card, that $20,000 on your credit cards will give you a hefty bill to pay at the end of each month.

    Can I buy used Point of Sale Systems to save a bit of money?

    Unfortunately, Intuit's policy is that QuickBooks Point of Sale licenses cannot be transferred UNLESS you are purchasing the software as part of an existing business. Another reason is part of the income from selling Point of Sale Systems goes toward the continuing development of our GP Rate Pro software. The final problem is that it takes us longer to reset a Point of Sale System than to build a new one, and that reset one will be older slower technology that will come with more problems as it gets past its sensible life expectancy.

    Can my royalty structure change once I'm a franchisee?

    No, when you become a franchisee, you are signing for your royalties as specified in your Franchise Agreement for the term that you own your store and the royalties that are current in the Franchise Agreement you sign are what you will pay. Bear in mind that the 5% per year increase in your royalties for the term of the franchise agreement is offset by the rise in prices of services you will sell in your store.

    Ready to move forward?

    Contact call 1-800-504-6040 or download our Franchise Disclosure Document

    Do you tell me where to put my store?

    No, we let you decide, as it's your business. You know your town better than we do, but we are happy to help you choose between several locations if you are in a quandary. Important details are: location, square footage, rent, number of parking spaces, traffic access to store and parking (from both sides of the street versus one side of a divided highway, etc.), presence or absence of a loading dock, is there both rear and front entry to the store (rear entry is nice for your carriers, as packages can come in the front with the customers and can be loaded onto the carriers' trucks out the back), nearby businesses, building condition, etc. When looking at traffic patterns don't just evaluate how many cars go through a particular intersection. Sit in the parking lot with a good book for several hours at different times of the day on different days of the week and WATCH where the customers are going. You don't want to select a plaza where patrons park, go to one establishment and leave. You want to select a spot where customers patronize a number of shops prior to departing from the area.

    How is the investment to have my Goin' Postal store broken down?

    You will pay Goin' Postal Franchise Corporation $25,115 for the combination of Franchise Fee and equipment as broken down in the Franchise Agreement.

    The remainder of your investment is not paid to Goin' Postal (except for some travel expenses for our rep to come and visit your store for opening) and will vary depending upon your needs (unless you purchase the turn key option in which case you make a single payment to us and we do everything). That is what we estimate that you can spend on rent/lease/purchase of a location and equipment such as: peanuts, hoppers, packing tables, shelving, product displays, merchandise to sell, boxes, copiers, fax machines, laminating machines, etc. This investment will vary from store to store depending upon your needs, your budget and if you decide to lease, already own, borrow, or purchase used or new equipment. For example: One of our potential franchisees already owns his building and has nearly all of the required equipment except for a peanut hopper, peanuts and boxes, so he won't need to spend much at all on equipment. Other franchisees may start from scratch and will spend more on supplies, equipment, rent, etc. After we receive your franchise fee (again, the franchise fee just $15,000) we give you a list of recommended and required equipment and supplies. We do not fly to your location to buy you staples for your stapler, boxes for your shelves, etc. It is your responsibility to acquire the items on the list that we will provide for you PRIOR to the representative arriving at your store. When our representative is there he will spend as much time as possible reviewing all of your training so it is important that the store be as ready as possible when he arrives.

    Again, the amount that you need to pay to Goin' Postal is only $15,000 for the franchise fee and $25,115 for two Point of Sale systems and required items from us such as signage, uniforms, label printers and scales, PLUS you will pay our representative's expenses to fly to and from your location and to stay there for one week while he does refresher training with you, helps you to put finishing touches on your store, helps you at your grand opening, and helps you to serve your customers.

    Source: www.goinpostal.com

    Category: Insurance

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