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Goin' Postal Franchise information


How to Start a Goin' Postal Franchise Business


Summary: Being a part of the shipping store team of Goin' Postal would give you the knowledge in operating and owning your own business in the industry of shipping. We will give you comprehensive information on how you can establish this franchise and make your financial goals a reality.

In 2002, Goin' Postal was founded by M.J. Price and Marcus Price. It quickly proved to be a favorite of the customers, consistently drawing loyal patrons away from competing shipping chains.

After one year of working towards a streamlined and efficient packaging and shipping business, the founders started franchising the company.

By 2004, the company has already reached 20 stores, and in 2009 they will easily surpass 300 franchises all over the country. Goin' Postal is indeed a strong force to contend with. The cornerstones of this company are superior customer care and fair prices.

Goin' Postal Business Plan

As a small direct management company, Goin' Postal can adapt to marketplace changes quickly. In shipping, you make money in various ways.

For some carriers you’ll receive volume discounts, while for others you’ll get set rates depending on your negotiation. Also, the discounts vary depending on the kind of service you’re selling to the customer. For example, international services and Next Day Air receive a higher discount than the ground services. The rates will also be marked-up aside from the discounts you’ll receive – this will increase the discounted wholesale and retail price spread.

If you’re serious about your business, you must have the FDD (Franchise Disclosure Document) at least 14 days before sending your payment. There will be mandatory training of 5 days at the headquarters, and then a representative will go to your store and spend an additional week to train and assist you while you open the doors.

Startup Cost for Goin' Postal Business

Goin' Postal supports their franchisees by offering free PR assistance, free advertising, free networking assistance, free e-mail and telephone support, free continuing education, and free training. The franchise fee is $15,000 while $7,500 is the cost of Point of Sale system.

You have the freedom to choose how much you would want to spend on rent, supplies, and equipment. Goin' Postal is based on family-type attitude where the business model is different from available franchises in the market.

Instead of throwing $200,000 just to open the doors of your business, the company believes in letting your existing franchise pay for its expansion. Therefore, the total investment that you need to get established initially is $40,000.

If you choose to, you can spend on supplies, equipment, and a contractor but Goin' Postal will recommend that you do-it-yourself as much as possible. However, they will help you set up your store, share money-saving tips with you, and let you contact a couple of franchisees to see how happy they are with their Goin' Postal Franchise franchisee.
 

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