With more than $60 billion a year in revenue, UPS (United Parcel Service) continues to top the charts as the world’s largest transportation company. They consistently outdeliver competitors such as FedEx and other industry giants. This means that getting in on this action could net you some fairly large proceeds. And what many people don’t realize is that you have an easy and affordable way to do this. UPS offers franchise opportunities that are a dream come true for many aspiring entrepreneurs, and the payoffs are bigger than you probably ever knew.
It can help boost local economy
You may not think you can do much to boost the economy in your area, but the truth is even one individual can make a big difference. Much of our economic growth is achieved by consumer spending, business investments, new jobs, increased earnings, and tax amendments. Opening a UPS franchise in your community can help in most of these areas. It will allow you to open up more jobs and possibly give some families a big income boost with the high pay rates for UPS employees. Also, opening a new business in your community will allow you to keep more consumer spending right there at home. And most importantly, owning a profitable business often gives you political pull within your community, allowing you to weigh in on matters that affect the people around you.
It takes some of the risk out of owning your own business
Anyone who’s ever thought of owning a business is probably well aware of all the risks that come with it, especially if you plan to use your own money to finance it. Everything may look good on paper, but no matter how much research you do, you can’t be 100 percent certain of the outcome. Your customer base could dry up after the first year, a competitor could open a better version of your business, or you could have simply miscalculated the amount of income you’d need to make it. A franchise opportunity with UPS is one of the best ways to mitigate some of that risk. It’s already an established company that your customer base knows about, so there’s no guesswork about whether or not they need your services. You also won’t have to worry about competition because UPS will only allow franchises in the areas where they’re needed. They do most of the research for you, train you, and allow you to take care of the activities that will keep the facility running.
They offer special programs
Not only is UPS one of the more affordable franchises you can own, but they also offer some programs that make it more accessible. One of those programs is the UPS Store Main Street Model. This program allows franchisees in small towns and rural communities to open UPS stores that meet a number of needs in these areas. These stores may be smaller, but they still offer a full range of services from printing to shipping. But the best part about the program is the savings. The franchise fees for a Main Street store is significantly lower than for other stores, starting at around $138,000.
Another program UPS offers is for US military veterans. They participate in the IFA’s VetFran program, which allows certain vets to qualify for a $10,000 discount on the franchise fee for opening a new store. Many people who have served our country need a fresh start and a way to serve their communities. This allows them that chance at an affordable price.