Printing - Printing
Cultivate Advisors Helped Custom Print Shop Scale 20x & Transition to Franchising in 3 Years
Cultivate Advisors Impact
Dave, the owner of The Plug, had a vision to scale his custom printing business through franchising, but wasn’t sure how to take the next step. After partnering with Cultivate Advisors, he gained the expertise needed to move forward and grow rapidly.
Cultivate Advisors helped Dave:
- Achieve Rapid Growth: The business grew by 20x in just three and a half years.
- Transition to Franchising: Dave successfully moved from licensing to franchising after proving the concept in multiple territories.
- Provide Expert Guidance: Advisors helped with key areas like franchise setup, pricing, and product placement at the right times.
- Set Up Franchisee Success: Dave now requires franchisees to work with Cultivate for the first two years, ensuring they have the support they need.
Cultivate Advisors Impact
Challenge
Dave, the owner of The Plug, had a clear vision for his business: to build a custom printing company that could grow and be replicated through franchising. While he had the basics in place—like standard operating procedures, a solid supply chain, and a business model that worked—he was unsure how to take the next step. He needed help with scaling the business, especially around licensing and franchising, and needed guidance on how to grow sustainably.
Solution
Dave’s journey with Cultivate started when he met one of the advisors, who had successfully scaled a business just like the one Dave wanted to build. The advisor's experience with franchising made it an easy decision for Dave to work with Cultivate. At first, Dave licensed his business to prove the concept, and it worked across several territories. As the business grew, Dave worked with different advisors from Cultivate who helped with areas like product placement, pricing, and franchise setup. Each advisor brought in the right expertise at the right time.
Outcomes
With Cultivate's help, Dave successfully transitioned from licensing to franchising, and the business grew rapidly. In just three and a half years, Dave’s company 20x-ed, far surpassing his expectations. The support and expertise from Cultivate kept him on track and gave him the tools he needed to move forward. Today, Dave recommends Cultivate Advisors to his franchisees, making it a requirement for them to work with Cultivate for the first two years of their franchise journey.
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