New Snap franchisee Craig Mundy sees huge opportunities for regional growth
When Craig Mundy saw an advertisement for a Snap Printing franchise it resonated immediately.
“I knew the brand and I also knew that particular business,” he says. “I’d been a customer some years before so I’d met the owners and even some of the staff. One of the people working for me now has been there for over 18 years.”
Due diligence combined with the history and structure of the business convinced him the investment was a ‘no brainer’. He took over the Wodonga store in July this year.
“Getting back into the community was also important for us,” he says. “One of the strengths of a regional business is the focus on relationships and building rapport. Customers tend to be more interested in service and quality than simply finding the cheapest price.”
Less than five years ago, Simmi and Praveen Sharma purchased a Snap Print & Design centre in Prahran, Victoria. After gaining wide knowledge of the business they felt confident enough to expand and, last year, set up a mobile centre, Snap Malvern East. In May this year they further expanded by purchasing a second fixed centre franchise, Snap Caulfield.
The three franchises complement each other perfectly.
“Like any other business owner we aim to reduce risk wherever we can,” Praveen says. “Prahran has a particular business dynamic – we tend to service fewer clients there but they place larger average spend per order. Caulfield is the opposite, with a larger number of clients with a smaller average spend per order. Now we’re comfortable that we attract a whole spectrum of business rather than being exposed to a particular clientele.”
‘Am I doing what I want to do and what I want to do in life?’
Romil & Preeti
Romil & Preeti Shah buys Snap Burwood, NSW - 1st December 2021
As we head to the end of 2021 many people are taking a step back and a breath to review their life and make a call on their professional future – some are calling it the ‘Great Resignation’ but for many it's simply a case of answering the age old question of ‘am I doing what I want to do and what I want to do in life?’
What is apparent is that many who have found themselves working longer hours and under increased stress during the ‘Work from Home’ period, are making the call to work for themselves, but as anyone who has ever branched out on their own knows, that is easier said than done.
It was 1994 and Greg Barlow, who had a successful career in finance and his wife Robyn, a medical scientist made the decision that they wanted to leave the city and head back to Albury.
As always for those looking to return to their regional roots comes the question of how they can earn the money they need for the lifestyle they want.
“Robyn and I were keen to get back to Albury and we had a friend who had a successful Snap franchise, so we started to look into whether operating a Snap franchise was something that would work for us,” said Greg Barlow, owner of Snap Albury/Wodonga.