MOST OFTEN ASKED QUESTIONS
MUST THE STORE BE A SPECIFIC SIZE?
The ideal store size will depend on your market. It is sometimes preferable that the first store which will serve as flagship be of a large size to accommodate furniture and office machines. That size can be adjusted based on the availability of stores for rent at a reasonable price. The project can be launched with a store as small as 150m2 or 1,500 Sq. Ft
HOW MANY STORES SHOULD I LAUNCH?
There is no pre-determined number of stores as they will vary depending on the size of the market and the capital available to the master franchisee.
WHAT DOES THE INITIAL FEE COVER?
It covers the transfer of know-how and the expenses and time of the OFFICE 1 team to get your business launched. It is all-inclusive of time and travel expenses
WHAT IS THE UP FRONT FEE BASED ON?
The initial master fee is based on the following:
- A) The size of the country and its potential.
- B) The estimated number of visits needed to get you started.
MUST I SUB-FRANCHISE OR CAN I OPEN SUPERSTORES OF MY OWN ONLY?
There is no requirement to sub-franchise. The important objective is to reach the largest share of market whether through your own stores or through sub-franchises.
MUST I HAVE A WAREHOUSE?
You will need a warehouse if there are no logistics supplier or wholesaler in the market. Your first store, if large enough, can also serve as a warehouse.
WHAT IS THE CAPITAL NECESSARY?
The investment will vary depending on the size of our first store and the number of stores under your ownership.
WHAT IS THE INVESTMENT FOR A SUB FRANCHISE?
A sub franchise with a stationery store of 500 Sq. Ft (50 m2.) will necessitate an investment of about US$50,000 including stock and an initial fee to the master franchisee. The investment could be higher if the store is larger.
MUST I IMPORT FROM OFFICE 1?
There is no obligation to buy anything from OFFICE 1. You can source products locally or internationally directly from vendors. We will guide you and provide you with all the necessary contacts of proven vendors who supply the OFFICE 1 group of masters at favorable prices.
WHAT ARE THE STEPS TO FOLLOW?
The first step is for you to gather market information and analyze the potential for the concept in your country and correspond with us to obtain an in depth understanding of the concept and investment. At a later stage, OFFICE 1 may meet with you in your country or you may want to visit the OFFICE 1 Headquarters in Europe. Ultimately, a Master Agreement is signed and the training begins.
WHAT ABOUT COMPETITION?
The office product business is very competitive. However, the OFFICE 1 system utilizes a variety of traditional and E-marketing techniques not always available to others. Additionally the appointment of sub-franchises whether in the form of retail stores or "e-shops" is a distinct advantage
WHAT IS THE NUMBER OF REFERENCES I SHOULD CARRY?
A large superstore carries a full assortment of some 2,500 products, stationery as well as computer accessories, office machines and office furniture. Sub franchises carry an inventory of as little as 1,000 items. These 1000 items represent however 80% of total sales volume.
WHAT IS THE NEXT STEP?
Qualified companies should contact OFFICE 1 and submit an application. They will receive detailed information and an introductory package to be used in the further evaluation of the OFFICE 1 investment opportunity. We look forward to communicating with interested companies to discuss how they might become an OFFICE 1 Master Franchisee.