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Home > Franchises > ProForma
ProForma
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor. ProForma is printing and promotional products distributor. Proforma is the business-to-business franchise leader in the 150 billion dollar print and promotional products industry. Founded in 1978 by Greg Muzzillo, Proforma has since grown to become a 250 million dollar network comprised of over 600 franchise owners in the United States and Canada. Franchising since 1985, ProFroma provides medium-sized businesses and large corporations with business documents, forms, promotional products, printing and other services. Franchisor is a privately-held company with 120 employees and 10 employees in franchise department. The total investment for this franchise is 52,000 dollars and franchise fee is 39,500 dollars. Franchise 500 ranks have ranked them 105 in 2006, 76 in 2005, 94 in 2004, 80 in2003 and 69 in 2002. ProForma franchisees act as sales agents, helping their clients select the best forms or promotional products and then contract the work with wholesale printers and materials suppliers. Franchising is simply a proven method for doing business. A collective pool of owner’s band together to develop brand recognition, share knowledge, education and ideas as well as use their combined strength in purchasing and market dominance. It ultimately combines the entrepreneurial drive of a small business with the resources of a larger company.
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