Ink-Man was first started in the late 1990’s, when the Philippine’s electronic technology system was being overwhelmed by the massive influx of imported computer printers. These advanced printers were a great success among small scale Filipino business enterprises and households because of relatively affordable prices.
However, the exorbitant printer cartridges were scaled painfully high in the Filipino consumer’s buying range and became a major industry problem. Soon, it became apparent that buying new printer cartridges actually exceeded the cost of the printers themselves. And the continuous usage of these printers meant buying more cartridges that made the cost even bigger.
In 1999, it came up with a working and financially viable ink recycling system. This ink recycling system was envisioned to help consumers with their printing while conforming to the high standards of the industry.
Hence, Ink-Man refilling centers started its business operations. It now provides its consumers with the perfect alternative to expensive imported cartridges. Using the simple principles of recycling, printer usage has become more economical for their consumers and more environment-friendly.
Today, Ink-Man continuous to be the premier provider of quality ink products in the Philippines. Further, it is continuously innovating and technologically upgrading its capabilities on how it can give its consumers through the franchisees the perfect quality yet affordable products and services.
How to franchise Ink-Man:
INK-MAN VENTURES, INC. has opened its door to Master Franchising. The Master Franchisee will be assigned a certain territory where it can grow Inkman Shops, Inkman Refilling Center or Inkman Printing Center. In this expansion scheme, all Inkman Shops, Inkman Refilling Center or Inkman Printing Center that will be opened in their respective territory will be assigned under the care of the Master Franchisee. The Master Franchisee shall share Franchisor’s rights to offer franchise, support and monitor the operations of all Inkman Shops, Inkman Refilling Center or Inkman Printing Center in their territory. The Master Franchisee will be required to operate ONE (1) regular Inkman Shop that shall serve as an Inkman’s Supplies Distribution Center that will primarily support the needs of all Inkman Shops, Inkman Refilling Center or Inkman Printing Center in their territory.
1. The Master Franchisee pays only:
- The Franchise Fee or Php200,000 for ONE (1) regular shop and FIVE (5) other Inkman Center.
- Royalty Fee of Php2,500.00 for ONE (1) regular shop and FIVE (5) other Inkman Center.
- Advertising Fees of Php2,000.00 for ONE (1) regular shop and FIVE (5) other Inkman Center.
2. However in the event that other (5) Inkman shops will be owned by another franchisees the Master Franchisee will be entitled to get
- 50% of Franchise Fee
- 50% of the Royalty Fee
- 50% of the Advertising Fee
3. The Master Franchise, operating as the Inkman’s Supplies Distribution Center earns 20% outright discount on all supplies ordered. The Master Franchise will also enjoy bulk purchase discounts and shall have overrides on purchases made by the other Inkman Franchisees in the territory where it operates.
Contact Details of Ink-Man:
INK-MAN Ventures, Inc
Mary Santos Arcade Building, Liwayway St.,
48 West Ave., Quezon City, Philippines
Tel. Nos.: (02) 8374-7103 / (02) 8975-9982
Mobile No.: (0917)829-1562 / (0933)825-9237
Email: [email protected]
Facebook Page: www.facebook.com/inkmanphilippines
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Basics of Franchising Ink-Man Refilling Center
Franchising benefits
Franchisees gain access to a proven business model, established brand reputation, and ongoing support from Ink-Man Refilling Center, reducing the risks associated with starting a new business. They benefit from collective advertising and marketing efforts conducted by the franchisor, which can result in increased customer traffic and sales. Franchisees also have the opportunity to tap into the training and operational resources provided by the franchisor, enhancing their chances of success and profitability. Below are just a few pointers why franchising Ink-Man Refilling Center is beneficial for the inverstors:
High success rate due to its business model rather than starting from scratch.
Franchising Ink-Man Refilling Center offers the advantage of tapping into an established reputation and customer base, which can significantly reduce the time and effort required to build brand recognition. Additionally, franchisors typically provide comprehensive training, ongoing support, and proven business models, mitigating many of the risks associated with starting a new venture.
Franchisees benefit from economies of scale in purchasing, marketing, and operational support, which can lead to cost efficiencies and improved profitability.
Overall, franchising offers a structured pathway to entrepreneurship with a higher likelihood of success compared to launching a new brand independently.
Ink-Man Refilling Center is a recognized brand or trademark that can bring you success.
Success is achievable for franchising recognized brands like Ink-Man Refilling Center due to their established reputation, which can attract customers more readily and build trust faster than starting a new brand. Franchisees benefit from proven business models, operational support, and marketing strategies provided by Ink-Man Refilling Center, reducing the risks associated with independent entrepreneurship.
Additionally, being part of a well-known brand network offers access to economies of scale, collective marketing efforts, and a support system among fellow franchisees, enhancing the likelihood of success.
Availing financing from various sectors is highly likely due to a good brand reputation.
Financing is often more readily available when franchising a reputable brand due to several factors. Banks and lenders are typically more willing to provide loans to franchisees of established brands because they have a proven track record of success and lower risk compared to new, unproven businesses.
Additionally, franchisors may have relationships with financial institutions or offer financing options themselves, making it easier for franchisees to secure funding. The recognizable brand name and business model of Ink-Man Refilling Center also provide a level of security for lenders, increasing the likelihood of loan approval and favorable terms for franchisees.
Formula for success that a franchisor may provide.
Low-cost supplies and efficient supply chain management contribute to higher profit margins for franchisees by reducing the cost of goods sold. Effective marketing increases brand visibility and customer traffic, leading to increased sales and revenue. A prime location maximizes foot traffic and accessibility, further enhancing the franchisee's revenue potential and profitability.
5 things to consider when franchising Ink-Man Refilling Center
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
2 Be certain that you can work harmoniously with Ink-Man Refilling Center franchise and it is within your interest. A visit to one of the franchise store will help you be more aware of operation and proceedings.
3 Carefully study the Terms and Condition, Franchise Agreement, and what are included in franchising Ink-Man Refilling Center.
4 Check if Ink-Man Refilling Center franchise will be compatible with the rules and regulation, as well as existing laws on chosen location.
5 Best location is one key aspect to have a successful Ink-Man Refilling Center franchise. Study the environment and see if your business suits the surroundings.
Successful frachising 101
Becoming a successful Ink-Man Refilling Center franchisee requires a combination of strategic planning, dedication, and hard work. Here are some steps you can take to increase your chances of success:
Research
Start by researching various franchise opportunities to find one that aligns with your interests, skills, and financial resources. Look for franchises with a proven track record of success, strong brand recognition, and a supportive franchisor.
Understand the Franchise Agreement
Carefully review the franchise agreement, including all terms, fees, and obligations. Make sure you fully understand the expectations and requirements of being a franchisee.
Financial Planning
Evaluate your financial situation and determine how much capital you have available for investment. Consider not only the initial franchise fee but also ongoing expenses such as royalties, marketing fees, and operational costs.
Training and Support
Choose a franchise that offers comprehensive training and ongoing support to franchisees. Take advantage of all training programs provided by the franchisor to learn the ins and outs of the business.
Location Selection
If the franchise involves a physical location, carefully choose the location for your business. Consider factors such as foot traffic, demographics, competition, and lease terms.
Follow the System
One of the benefits of franchising is that you're buying into a proven business model. Follow the franchisor's system and guidelines closely to increase your chances of success.
Provide Excellent Customer Service
Focus on providing excellent customer service to build a loyal customer base. Happy customers are more likely to return and recommend your business to others.
Marketing and Promotion
Take advantage of the marketing support provided by the franchisor, but also be proactive in promoting your business locally. Utilize social media, local advertising, and community events to attract customers.
Manage Finances Wisely
Keep track of your finances closely and manage expenses efficiently. Monitor your cash flow, budget carefully, and seek professional advice if needed.
Adapt and Innovate
Be willing to adapt to changing market conditions and customer preferences. Look for opportunities to innovate and differentiate your business from competitors.
Network with Other Franchisees
Connect with other franchisees within the same system or industry to share insights, experiences, and best practices. Networking with fellow franchisees can provide valuable support and advice.
Stay Committed
Building a successful franchise takes time and effort. Stay committed to your business, remain focused on your goals, and be prepared to overcome challenges along the way.
By following these methods and staying dedicated to your business, you can increase your chances of becoming a successful Ink-Man Refilling Center franchisee.