Safeguard
From checks, forms and filing systems to full-color printing, promotional products, business apparel and web services, Safeguard's comprehensive line of business management solutions has evolved to support the changing needs of businesses across North America. For over 50 years, Safeguard has provided its more than 500,000 small business customers with the right selection of products and services through over 270 independent distributors and franchisees. Safeguard has transformed itself from a commercial check printer into a one-stop shop for all types of printing, business apparel, branded promotional products and personalized services.
| |
Operating Units |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
5 |
7 |
9 |
| | % Change | -- |
40% |
28.6% |
| | Company-Owned |
0 |
0 |
0 |
| | % Change | -- |
-- |
-- |
| | Total |
5 |
7 |
9 |
| | % Change | -- |
40% |
28.6% |
| | Franchised as % of Total |
100% |
100% |
100% |
Investment Required
The initial license fee for a Safeguard franchise is $1,100.
Safeguard provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item | Established Low Range | Established High Range |
| |
CMS License Fee |
$1,100 |
$1,100 |
| |
Desktop Computer |
$2,500 |
$6,000 |
| |
Other Software Applications |
$0 |
$1,900 |
| |
Automobile |
$0 |
$25,000 |
| |
Training Costs |
$1,500 |
$1,500 |
| |
Safeguard Learning Center User License Fee |
$75 per user license fee for Safeguard Learning Center |
$75 per user license fee for Safeguard Learning Center |
| |
Insurance and Licenses |
$200 |
$1,000 |
| |
Fax Machine |
$150 |
$600 |
| |
Telephone Services |
$270 |
$500 |
| |
Materials, Supplies, Other |
$500 |
$1,000 |
|
Additional Funds (3 Months) |
$5,000 |
$15,000 |
| |
Total Initial Investment |
$11,295 |
$53,675 |
Ongoing Expenses
Safeguard franchisees pay an ongoing transaction handling fee equal to $500 per year, plus a CMS support fee ranging from $35 to $115 per month.
What You Get—Training and Support
Safeguard provides franchisees with a comprehensive 26-week training plan composed of classroom time, conference calls and/or webinars and access to a wealth of online training through the Safeguard Learning Center. The Safeguard Learning Center (SLC) is another name for the Training Department and web-based training portal that is available 24/7/365 for franchisees and their staff. The Safeguard Learning Center focuses on helping franchisees learn how to run a successful Safeguard business via self-paced training courses on sales, marketing, product knowledge, telesales skills, technology and much more.
Territory
Safeguard does not grant exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2011 FDD. The 2011 write-ups will be incorporated into the 2011 Edition of Bond’s Hottest New Franchises publication.
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