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Should I Buy EmbroidMe?

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Old July 18th, 2012, 11:23 AM   #1 (permalink)
LaurenMSanderson LaurenMSanderson is offline
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Default Should I Buy EmbroidMe?

Hello,
I am wondering if anyone owns and EmbroidMe franchise or knows of anyone that works with the company. I am looking into purchasing an embroidery franchise and am looking for some advice. Should I buy EmbroidMe? Any advice is greatly appreciated!
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Old July 18th, 2012, 04:02 PM   #2 (permalink)
Robert Young Robert Young is offline
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Default Re: Should I Buy EmbroidMe?

beat me up everyone.. but i am going to shout a NO from the rooftop. I am sorry, but if you spend the time to do a proper business plan then you do NOT need to buy a franchise in an industry that only really has ONE franchise as an option?? They are obviously (as ALL of us are, so not knocking the idea) in it TO MAKE MONEY... well they will be making money off of YOU.
Franchises are to either make YOU money right off the bat because they have BRAND recognition.. OR they are for the people that haven't a clue what they are doing... hence spending the time to do a proper business plan which will force to you answer some hard questions before you spend any more than the nominal amount Best Buy will charge you for the business plan pro software. Sorry, but the franchise you mention does NOT have brand recognition to our customers... it is true, nomatter what you are told.

as an example , if you bought a Kentucky Fried Chicken franchise... well everyone knows what that is.. so those inclined to buy that food will just show up.....but Embroidme is really no different than you opening your own LS Embroidery Shoppe to the consumer. so what is the benefit??
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Old July 19th, 2012, 04:03 PM   #3 (permalink)
inkman996 inkman996 is offline
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Default Re: Should I Buy EmbroidMe?

I have only heard failure stories about the franchise and no success stories.

The one person i know personally that bought into it lost all his life savings and racked up a huge debt.

I remember his biggest complaint was the franchise fee that came up monthly if he did not earn enough he was screwed.

Also he told me they sold him on a pipe dream, promising huge amounts of clients from his area based on referrals well that was non existent.

He also told me his biggest issue was onsey twosy crap he could not make money off of and required a lot of effort.
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Old July 19th, 2012, 06:00 PM   #4 (permalink)
coydavis coydavis is offline
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Default Re: Should I Buy EmbroidMe?

I kind of agree with Robert. I went to http://www.findafranchise.com to see EmbroidMe's franchise info. A $42,500 franchise fee is high for a business you can start on your own. I'd put that money toward equipment and advertising vs. paying out to a franchisor.
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Old July 19th, 2012, 06:05 PM   #5 (permalink)
123 embroidery 123 embroidery is offline
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Default Re: Should I Buy EmbroidMe?

I sell embroidery machines.I have met franchise owners that succeded and ones that fail.
My impression is that these franchise opportunities are designed for the type of business owner that knows nothing about the market and think they are buying that knowledge to insure their success .In fact the information is provided at considerable expence,increasing in some cases the startup cost by as much as 100s of %.
With this additional burden of cost ,the franchise has given the owner more of a handicap than an advantage .The franchises that were successful were owned by people that had the determination to make it work and would have also made it with out the franchise.
The fact of the matter is that the knowlege you need to succeed in this type of business,
is readily available from many places with little or no cost and if you carefully purchase your equipment,the vendors will provide the support you will need to make them work.
The rest comes from you
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Old August 16th, 2012, 01:42 PM   #6 (permalink)
EmbroidMe EmbroidMe is offline
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Default Re: Should I Buy EmbroidMe?

Quote:
Originally Posted by LaurenMSanderson View Post
Hello,
I am wondering if anyone owns and EmbroidMe franchise or knows of anyone that works with the company. I am looking into purchasing an embroidery franchise and am looking for some advice. Should I buy EmbroidMe? Any advice is greatly appreciated!
There are many advantages to franchising rather than starting a new business by yourself. Franchises have a proven business model, support, training and marketing support that can assist in building the business.

Check out this Denver EmbroidMe Owner talking about his experience as an EmbroidMe Franchise Owner on CNN
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Old August 16th, 2012, 01:44 PM   #7 (permalink)
EmbroidMe EmbroidMe is offline
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Quote:
Originally Posted by inkman996 View Post
I have only heard failure stories about the franchise and no success stories.

The one person i know personally that bought into it lost all his life savings and racked up a huge debt.

I remember his biggest complaint was the franchise fee that came up monthly if he did not earn enough he was screwed.

Also he told me they sold him on a pipe dream, promising huge amounts of clients from his area based on referrals well that was non existent.

He also told me his biggest issue was onsey twosy crap he could not make money off of and required a lot of effort.


This is an unfortunate effect of our current economy. The recession is at the root of most of these high small business failure rates, according to Byron Vielehr, president of global risk and analytics at Dun & Bradstreet. Over the past 5 years the small business failure rates in the U.S. have risen by 40%. Some states have seen failure rates as high as 67%. According to the U.S. Small Business Administration, however, franchises have approximately the same failure rate as small, independent businesses.
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Old August 16th, 2012, 01:48 PM   #8 (permalink)
inkman996 inkman996 is offline
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Default Re: Should I Buy EmbroidMe?

Quote:
Dun & Bradstreet
I stopped reading right there.
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Old August 16th, 2012, 03:00 PM   #9 (permalink)
megrisoft megrisoft is offline
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Default Re: Should I Buy EmbroidMe?

Quote:
Originally Posted by EmbroidMe View Post
This is an unfortunate effect of our current economy. The recession is at the root of most of these high small business failure rates, according to Byron Vielehr, president of global risk and analytics at Dun & Bradstreet. Over the past 5 years the small business failure rates in the U.S. have risen by 40%. Some states have seen failure rates as high as 67%. According to the U.S. Small Business Administration, however, franchises have approximately the same failure rate as small, independent businesses.
I have bad experience with EmbroidMe owners, how do you deal if they do not pay to the digitizers........mainly the direct us to the lawyer with bankrupt details.....
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Old August 16th, 2012, 04:09 PM   #10 (permalink)
Printwizard Printwizard is offline
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Default Re: Should I Buy EmbroidMe?

Quote:
Originally Posted by EmbroidMe View Post
This is an unfortunate effect of our current economy. The recession is at the root of most of these high small business failure rates, according to Byron Vielehr, president of global risk and analytics at Dun & Bradstreet. Over the past 5 years the small business failure rates in the U.S. have risen by 40%. Some states have seen failure rates as high as 67%. According to the U.S. Small Business Administration, however, franchises have approximately the same failure rate as small, independent businesses.
Embroidme are unsuccessful here too, for the same money you could buy a commercial embroidery operation with big machinery and twenty years customer base and staff fluent in all aspects.....
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