WHAT IS AN ADD-ON BUSINESS MODULE?
An Add-On business Module is an established, successful business module that has been developed to be added to an existing core business. In some cases, an add-on business module can be operated as a stand-alone entity. The purpose of an add-on module is to increase walk-in customer traffic, sales and profit margins. The add-on module will enhance the business by diversifying and expanding the business product and / or service offerings.
HISTORY
Second Source Computers was originally established in 1987 and stores are still in existence today. Years ago management saw a necessity to develop business models to complement the original computer model of buying, selling and repairing new and used computers. The models listed below were tested and enhanced over the years and now ready to be marketed.
WHY CHOOSE AN ADD-ON BUSINESS MOULE?
An Add-On business Module is a very inexpensive alternative for any existing small or medium size business looking to increase sales and profits by expanding or diversifying their products or services. Add-on business modules can also be a viable alternative to an independent person looking to start their own business. Prior to add-on modules, if a person wanted to begin their own business their only options were to begin a business on their own or purchase a franchise / business opportunity, which can be expensive. Add-on business modules provide the purchaser with a successful model and on-going support without the initial / on-going expenditures and restrictions of purchasing a franchise. An add-on business module will increase business profitability which in turn will increase the business sales price when it’s time to sell the business.
ADD-ON BUSINESS MODELS VERSUS FRANCHISING
EXPENSE
A typical franchise usually has an upfront purchase fee and monthly royalty fees which are usually a percentage of the gross sales for the month. Add-on business models have the same fee structure; however in virtually every case the fees and on-going costs will be significantly less.
EQUIPMENT & PRODUCT PURCHASE
Usually a franchise will require the franchisee to purchase Point-of-Sale and other equipment directly from the franchisor, which can add to the up-front business expense. There is no such requirement with an add-on business model. Also Franchises may require a franchisee to purchase product for resale. Except for the ReTHINK INK module, add-on module purchasers will not be required to purchase products from us. Products will be offered at discounts, however purchasing product from us is not a requirement.
FLEXIBILITY
The typical franchise business model will make the franchisee implement the franchise model in a detailed and specific manner with no deviation. An add-on business model will be tailored and implemented based off the customers’ requirements. In some cases modifications to an implementation may be necessary.
AVAILABLE MODULES
These modules have been operating for years and can be added to an existing business or setup as a standalone business.
COMPUTER STORE
Computer Store module can be modified for retail store or home-based business. Business owner will be taught to quickly diagnose most computer problems within 5 minutes and how to properly repair systems. Business owner will be taught correct repair process and provided all programs necessary to provide a successful computer repair business. Other optional integrated modules include how to buy, sell and trade computer equipment and recycling. The business owner will have access to technical help for any problem. Also business owner’s customers can call a third party support number for assistance and remote repairs which business owner receives revenue share. Business owner also receives a maintenance plan to market to customers.
ReTHINK INK & TONER
This business module is the result of 20 years in the printer ink and toner refilling business. ReThink Ink & Toner markets non-printer manufacturer printer inks and toners. Unlike ink refilling businesses, ReThink Ink & Toner does not refill ink and toner cartridges; instead rely on new third party inks and toners. It has taken years to find distributors with a reliable ink & toner product. One of our companies has patents on toner refilling that HP is attempting to purchase. Our ReThink Ink product line is less expensive on printer inks and toners. Business owner will work on a minimum 30% profit markup percentage. All products are guaranteed and drop shipped to business owner or end-user. We invite interested persons to investigate the Cartridge World franchise to determine costs and benefits and then contact us for a much better business model that will cost significantly less.xxxxx
RETAIL GARAGESALE
Retail Garage Sale is a combination Upscale Consignment Shop and Ebay store. The Retail Garage Sale name and logo can be purchased stand-alone for an existing used product dealer.
THE POSTAL PALACE
Grow consumer traffic, grow revenue and save on shipping by opening a Postal Palace through Federal Express.
BENEFITS
The above listed add-on modules have the following benefits:
- INCREASE STORE TRAFFIC
Most consumers with printers are price point driven. Marketing used products including computers and phones at a lower price will help draw customers. ReThink Ink products should always be less expensive than Staples and Best Buy. Rethink Ink and Toner will draw a more diverse customer base since most people have printers and require printer ink and toner.
- INCREASE PROFIT MARGINS
Marketing less expensive inks, toners and consumables will provide an increase of sales with a high profit margin and re-occurring revenue. The products provided cannot be shopped on the internet and not carried in other retail stores. The ReThink Ink & Toner add-on model should expand to 20% of total sales revenue with high profit margin within 4 years of implementation. Ink and toner margins should range from 25-50% profit margin.
- GENERATE GREATER RE-OCCURING REVENUE
Printer Ink and toner is a great product to get repeat customer visits. Consumer maintenance contracts, cloud backup and maintenance contracts are also good sources of re-occurring revenue.
- CROSS MARKETING
Ink and Toner consumables are a good cross marketing product to a business that has computers or phones that need to be repaired.
PROVIDED
Business owners are provided with initial consultations. Business owners are provided files for signage, marketing literature, marketing strategies and technical information for consumers. Also provided are on-going email and phone support.
CANCELLATION
Any customer dissatisfied with module offering after 6 month trial has option to cancel (90 day notice).
PROCESS / QUESTIONS:
Any interested party is invited to contact us through this website to setup an initial phone consultation to discuss your requirements and expectations. At that point a quote can be given.