How to Become a Mac Tools Franchisee
Mac Tools is one of the world's largest manufacturers and distributors of automotive tools. It is part of the Stanley Black & Decker group. The company manufactures over 8,000 different professional tools. This includes power tools, shop equipment, diagnostics, and tool storage.
In addition to its own distribution network, mac tools has a network of more than 1,200 franchises throughout the United States and Canada. There are several prerequisites that must be met in order to become a Mac Tools franchisee. These include meeting the minimum requirements of the franchisor, and being able to invest in startup costs and ongoing fees. Additionally, a candidate must have the experience and drive to successfully run a route. If a prospective franchisee can meet all of the required requirements, Mac Tools will provide the necessary training and support to succeed.
A Mac Tools franchisee needs to be able to demonstrate dedication and drive. He or she must also be able to work well with others. During the first 30 days, a candidate must attend five consecutive working days of Mac Tools's initial training program, in which he or she is accompanied by an existing Mac Tools franchisee. Ongoing training will be held at the company's headquarters in Dublin, Ohio.
As a Mac Tools franchisee, you will operate a route, which is a list of potential customers that the franchisor assigns to you. Each route requires you to visit a designated number of stops, and you are assigned a truck equipped with displays of tool inventory. Your truck will be parked at each stop, and you will use best efforts to convince each customer to purchase a Mac Tools product.
You will be assigned a Mac Tools representative who will help you find a suitable truck for your route. You may also be eligible to take additional supplemental training courses provided by Mac Tools, click here for more info. Depending on the type of Mac Tools franchise you choose, you will be responsible for operating one or more routes. In the case of a Mac Tools franchise that only has one route, the franchisee will personally operate the route. However, if the franchisee wishes to start an additional route, he or she will hire an employee to oversee that route.
Before you can become a Mac Tools franchisee, you must sign a franchise agreement and form a limited liability corporation. You will also need to pay an initial fee of $250 to $500. For each route, you will be billed a recurring license fee of $40 to $150.
While you are enrolled in the initial training, you will be expected to spend at least a week at the Mac Tools facility in Dublin, Ohio. During this period, you will participate in classroom and on-site training. At the end of the training, you will be assigned an account manager. From there, you will have five working days to complete the remaining parts of the training. During this time, you will also attend a mentoring ride. You can get more enlightened on this topic by reading here: https://en.wikipedia.org/wiki/Mac_Tools.