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Below is an in-depth analysis and side-by-side comparison of Magnetsigns Advertising vs PIP Printing & Document Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $24,000 - $80,000 | $227,981 - $277,981 |
Franchise Fee | $5,000 | $25,000 |
Royalty Fee | 10% | 0.25%-6.5% |
Advertising Fee | - | 2% |
Year Founded | 1995 | 1965 |
Year Franchised | 1996 | 1968 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | $3K | - |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | Yes/No | No/Yes |
Inventory | Yes/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | On-The-Job Training: 24 hours Classroom Training: 80 hours Additional Training: Regional meetings |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Social media SEO Website development Email marketing |
Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
In 1965, Bill LeVine converted his commercial printing plant into a "while you wait" printing center. Four years later, his company, PIP Printing, began franchising.
Today, PIP Printing's more than 1,200 centers provide a variety of printing and business services.
Promise Yourself A Brighter Future
Independence.
Control over your destiny.
A more secure future.
These are a few of the reasons people like you dream of entering business for themselves. PIP Printing can make that dream come true. PIP is part of the growing business communications industry. The best part of all is that, by becoming a PIP franchise owner, you can become part of that.
Here's what a PIP Printing franchise offers you:
-Brand name recognition.
-A proven business system, backed by an established 37-year track record.
-Powerful national advertising reaching millions of print buyers on such media as TV, radio, magazines and the World Wide Web.
-A variety of strong local marketing components: posters, direct mail, sales brochures, promotions and radio and TV commercials.
-Comprehensive market research studies to give PIP Printing the competitive edge.
-A world-class, e-commerce enabled website for your individual center
-Buying clout via national purchasing contracts.
-Pricing strategies to position you competitively in your marketplace.
-Innovative products and services.
-Dynamic selling design that projects a professional identity.
-Comprehensive and ongoing training programs to increase management and business printing skills -- also available to your employees.