Volvo Construction Equipment to Franchise in 2004
<b></b>
Asheville, North Carolina-Volvo Construction Equipment Rents (Volvo Rents) has grown from 16 to 40 locations in North America in 2003, selling more than 400 units of Volvo equipment through the rental channel and tallying up 25,000 end-use customers. For 2004, they project 55 new locations to open, with agreements signed for 61 additional units by the end of the year.
Franchising provided a channel to bring compact wheel loaders to profitable market sections across the country. For a one-time franchise fee of $35,000, Volvo Rents franchisees receive use of the Volvo brand, financial assistance through Volvo Commercial Finance, a fleet purchasing program for non-Volvo products, proprietary business planning software, proprietary customer relationship management software, a proprietary point-of-sale operating system, training, facility design, operating manuals, and regional and local marketing. -Fishman PR
Entrepreneur Editors' Picks
-
Kale Was a Garnish Before This Creative Genius Made It Famous. Here's How She Did It — and What She's Planning Next.
-
Telling Your Brand Story Is Crucial. 4 Steps to Ensure That It Resonates.
-
This Baker Was Told Not to Speak Spanish With Colleagues, So She Started Her Own Cake Company That Values Employees Just as Much as Customers
-
Improving Yourself Takes 9.6 Minutes of Work Each Day
-
Meet the Women Behind Some of McDonald's Most Iconic (and Essential) Ingredients — and How They're Setting New Standards
-
Remote Work Shouldn't Be Up for Debate
-
Employees Are Over Foosball Tables and Free Snacks. Your Company Culture Needs This Instead.