Franchise Gator – Franchise Opportunities and Franchises for Sale
Franchise Opportunities and Business Directory for Entrepreneurs
Connecting people with franchise and business opportunities since 2002

    

Q&A with Computer Troubleshooters Franchise CEO Chip Reaves

Posted on August 11, 2010 by Suzanne Musial

How was your franchise/opportunity originally conceived and started?
In 1997 an Australia couple, Wilson & Suzanne McOrist were looking to create a new business opportunity. They had previously built a small business accounting franchise, and wanted to build on their expertise in selling services to small business owners, so they researched what other services might be needed. Computer support was the obvious choice, and thus after a year of R&D Computer Troubleshooters Australia was born.

Meanwhile in the USA Chip Reaves had built a small business-focused IT firm in Atlanta, Georgia. He came across the Computer Troubleshooters Australia website in its early stages, and began discussions on bringing the concept to the US. This was the beginning of Computer Troubleshooters Global, which now spans 27 countries and over 450 locations.

What was your original vision for your company? How has that changed over time?
To be the "IT Department for Small Business". In broad terms the vision is the same, but since technology is constantly evolving the actual services we provide have changed dramatically. In the early days we were providing basic repair, networking, and virus removal. Those are still part of our job, but today we also do network management, advanced backup & disaster recovery, VoIP phone systems, and cloud computing solutions.

What do you believe is the single most important factor when choosing a franchise?
The reputation of the franchisor. Would the existing franchisees recommend them as a franchisor, would they do it all over again if they could go back and choose again?

Why should someone choose your franchise over other similar franchises?
We have an innovative low-cost, low-overhead model that is perfectly suited for our industry. We also lead our industry in service innovation, being the first among the IT franchises to move into managed service plans, VoIP, and cloud solutions.

What makes your industry attractive?
The need for IT support is constant and universal among both small businesses and also home users. With the evolution of things like e-commerce, online banking, search engine marketing, VoIP telephony, and cloud computing, there will always be a need for qualified consultants to help small business owners make the most effective and efficient use of their technology investment.

What types of qualities do you look for in potential franchisees?
It depends. Some people come to us with a technical background, intending to do the initial service work themselves. In those cases we're evaluating their tech skills as well as their people skills and willingness to work as part of a team. For others with a business background who will be hiring technicians, we look for management aptitude and the right personality, as well as sufficient capital to get the business off the ground in the first year.

What do your franchise fees and royalties cover?
Membership in the network, with all the benefits and support which that entails. This includes ongoing training, coaching, support, vendor discounts, free tools such as Autotask and CT-REBOOT, access to group health insurance, and rights to our extensive marketing library.

How do territories work for your franchisees?
In the USA we're based on the local business population and defined by zip codes.

Why has your franchise model been successful?
We listen to our franchisees and make sure every decision we make is based on what will make them more successful.

Where do you see your franchise in 5 years and 10 years?
Five years from now we will likely be predominantly focused on cloud computing solutions, and we can't predict where technology will be in ten years but we know CT will still be supporting more small businesses with their technology needs than any other network.

What is your favorite advice for new franchisees to help them succeed?
Follow the plan, but ask for help along the way. You buy a franchise for the advice and guidance of people who know how to be successful - make sure you take advantage of it!

What would you tell potential franchisees that may be nervous about the financial burdens of starting a franchise?
It's important to be realistic about the financial start-up costs: make sure you have the recommended capital available. But talk with existing franchise owners too, they can share their experience on first year financials which may provide some reassurance.

Can you explain your financial assistance (if applicable)?
We have limited internal financing for a few groups (veterans, young entrepreneurs, and existing IT firms), and a great relationship with Wells Fargo financing to help new locations get funding. We are also registered with the SBA Franchise Registry.

On average, how long does it take to start a new franchise from the franchisees point of view?
It can be as little as two weeks, but is generally 8-16 weeks to get things rolling.

What was your background and experience before founding this franchise?
I ran a computer service business called CHIPTECH here in the Atlanta area for 10 years prior to joining the Computer Troubleshooters team.

Read more about Computer Troubleshooters

Additional Franchise Articles

Q&A with Sweet & Sassy

Q&A with Kelly Honkomp of the NanoNet

The Growth Coach® Breathing New Life into Greater Dallas Area Businesses in Tough Economy

Q&A with David Goodman, President of Companion Connection Senior Care

Q&A with Reagan Rodruiguez, CEO of 5th Avenue Acquisitions & Venture Capitalists


Recent Franchise News

Pizza Buffet Included in GI Jobs Magazine 2012 Military Friendly Franchises

Fresh Coat Painters to Open New Location in Chicago’s North Shore

CKO Kickboxing Opening New Gym in San Diego

WIN Home Inspection One of G.I. Jobs Magazine’s 2012 Military Friendly Franchises

CKO Kickboxing is G.I. Jobs Magazine’s 2012 Military Friendly Franchise


Recent Franchise Press Releases

THE UPS STORE CONDUCTS FRANCHISE-OPPORTUNITY EDUCATION NATIONWIDE

FIRSTLIGHT HOMECARE ANNOUNCES NEW DIRECTOR OF FRANCHISE DEVELOPMENT

Honest-1 Auto Care Named 2012 Military Friendly Franchise by G.I. Jobs Magazine

Three ProTect Painters All-Stars Prove Success is Just a Brush Stroke Away

Sport Clips Haircuts on Target to hit Second "Billion Dollars" in Haircuts by 2014


International Franchise Association Member
Franchise Gator, LLC, Franchising, Roswell, GA
TRUSTe online privacy certification
Follow us: