HP Franchise Cost in India: Fees, Requirements, Apply Process

With its headquarters in Palo Alto, California, HP Inc. is a multinational information technology corporation based in the United States. It creates printers, related supplies, 3D printing services, and personal computers (PCs). After the firm’s enterprise product and business services divisions were spun off as an entirely new publicly traded company, Hewlett-Packard Enterprise was established on November 1, 2015, as the legal successor to the original Hewlett-Packard.

About Hp Origin

Bill Hewlett and David Packard, who earned electrical engineering degrees from Stanford University in 1935, created Hewlett-Packard in 1939. The HP Garage in Palo Alto, California, was the company’s first location. Hewlett-Packard was divided into two entities on November 1, 2015. Its enterprise division became Hewlett Packard Enterprise, while its personal computer and printer divisions formed HP Inc. Hewlett-Packard rebranded itself as HP Inc. and spun off Hewlett Packard Enterprise as an entirely new publicly traded firm because of the split. While Hewlett Packard Enterprise trades using its symbol, HPE, HP Inc. continues to use its historical stock price history before 2015 and its previous stock ticker symbol, HPQ.

Why Hp Franchise?

By unit sales as of 2024, it is the second-biggest personal computer vendor globally, after Lenovo but ahead of Dell. By total revenue, HP is the 63rd-largest US firm according to the Fortune 500 list for 2023.

The sale of notebook computers brought in US$24.7 billion, desktop computers brought in US$10.9 billion, printer supplies brought in US$11.4 billion, commercial printers brought in US$4.2 billion, and consumer printers brought in US$2.4 billion of the total revenue for the fiscal year 2023. In 2022, revenue from customers outside the US accounted for more than 65 percent.

HP created and supplied a wide array of hardware parts, software, and associated services to individuals, small and medium-sized businesses (SMBs), and major corporations, including clients in the fields of health, education, and government. HP also creates printers, 3D printing services, and related supplies in addition to personal computers (PCs).

 Summarized Costs and Requirments of Hp Franchise

• Line of Business -Computer Store
• Unit / Shop Area-1000 – 1500 Sq. Ft.
• Commission% / Revenue Sharing-Approx.90%
• Total Investment-Rs.55 Lakhs – Rs.1.1 Crore
• ROI Timeframe- 18 – 24 Month
• Franchise Fee- 5 Lakhs – Rs.10 Lakhs
• Infrastructure Investment-Rs.50 Lakhs – Rs.1 Crore
• Franchisee-Approx.90%
• Franchisor-Approx. 10%

The costs provided here are estimated costs. To know more, visit the official Hp website.

Become a Partner

• Every partner and reseller that HP works with must be integrated. In addition, you need a website with your email address included in the domain name plus a physical address where your business is located.
• Click “Register” in the upper left corner of the HP Partner Portal page after visiting HP.com to register. When the email confirmation arrives, verify its contents are correct by checking it. You will hear from HP via email again in four days to let you know if you have been accepted or if more information is needed.
• You will receive an email with approval and the “HP U.S. Partnering Guide,” which will walk you through the remaining processes. Once HP has completed the HP Partner Agreement, have an authorized representative of your firm sign it.

Use Open Distribution

To become a reseller via the open distribution program, apply to D&H, TechData, Synnex, or Ingram Micro, one of HP’s authorized distributors. On the “Become a Partner” page of HP’s website (HP.com), choose and click the PDF file named “US Distributor Summary Matrix” to get links to the websites of these businesses.

The PDF file labeled “List of Open Products,” which includes a list of goods you can resell via HP’s open distribution program, can be found at the bottom of the “Become an HP Partner” page on HP.com. Through this program, you can resell HP desktop and laptop computers, scanners, printers, and select storage and server systems.

Once approved, visit the firm’s website or the companies you are reselling via. According to HP, a small business can get information from these organizations regarding product availability, financing options, training courses, and sales and technical support.

Conclusion

Bill Hewlett and David Packard started the business in 1939 in a Palo Alto one-car garage, producing a range of electronic test and measurement instruments at first. This company Hp has developed into a vast empire. Getting an HP franchise is very profitable in the current market. The costs mentioned above are estimated costs. To know more, visit the official site.