Halton Hills Newspapers

Acton Free Press (Acton, ON), June 8, 1983, p. 15

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Georgetown Acton Wednesday Juno 8 B3 at your house Its time your Welcome Wagon hostess She will bring lallons and gifts for the new family and the NEW BABY Thorn Video has grown in leapt and bounds from a parttime basemen btuluess loa net work of franchises across southern Ontario office employs more than a bait dozen people lading from top Harrison Lynda Richards Ray Ingletuo Janet and Jackie Htgglni Success story Six months afterbirth stretch across province A business which started in the base ment of Dave Watsons Acton home six months ago Is stretching right across southern Ontario its a real business success story Thomas Video grew from a germ of an idea In the back of Watsons mind last year to a franchise in only months And the growth potential seems endless Watson had given up finding an In teresting challenging business venture to get into when he happened to hit upon the video Idea Little did he know at that time how far this idea would go I had worked in banking for nine years then gotten involved In other businesses for a few years When I sold out last year I did nothing for a few months I couldnt think of any business I wanted to get Into So I went back to banking After only two weeks back at the bank he stumbled Into video discs The potential there he could see But just how much he had no Idea He and his wife began distributing video discs as a part time business with a dozen discs In January they opened the Acton store and two weeks later one In Milton A Georgetown outlet opened a month later They had originally drawn up a threeyear plan to build a franchise net work in southern Ontario Already only five months later Thomas Video has done two years worth of expanding From video discs rented out twice a week the business quickly grew to franchises Watson expects there will be Thomas Video franchises throughout southern Ontario by fall and by the end of next January Of course his outlook could change The business has expanded three times faster than we bad originally thought he said with a grin We have to keep rebudgettlng and rescheduling He is proud of the fact that the success ratio of his franchise is 100 per cent No stores are falling and theyre all making decent profits for the franchise owners Some are planning to expand their fran chises opening additional outlets In nearby communities Watson keeps holding them back waiting for the summer slow season to begin So far nothing has slowed down Under the franchise system distributors pay Watson a fee to use the Thomas Video name and an additional fee for access to the video movie disc titles about 1073 of them supplied by the head office Distributors in franchise outlets keep the It isnt as profitable for the franchiser as It is for the franchisee at the moment Watson explained However now that the network is almost in place future franchises will not be as inexpensive to get Although Thomas Video hasnt made Watson a rich man he is proud of its fast growth So sure Is he of the future In video disc sales that he has also become Involved In the wholesale distributorship of discs for RCA Smllhson Wholesalers Is a subsidiary of Thomas Video which opened in February working out of a rear warehouse behind the Mill St store From there discs are distributed to video disc outlets throughout Ontario Business is competitive but there seems to be room for competition Although he expects there will be some technological changes over the next few years Watson la certain video discs are here to stay has gone NUTS PEANUTS lift Salted or lied I or or I Crunch I I Regular PRE OPENING OFFER FOR YEARLY MEMBERSHIP ASK ABOUT OUR PROFESSIONALLY INSTRUCTED FITNESS CLASSES including use of SHOWERS SAUNAS -POOLS- INFORMATION PHONE or 8773877 SOUTH MILLS ON THE BANK OF THE CREDIT ONTARIOS FUN SPOT HERB Si HOW GET YOUR 1983 MAZDA PICKUP 5 Speed Transmission and Automatics OR B2200 Diesel NOV1 MORE TRUCK LESS MONEY Achilles Motors Ltd SALES AND SERVICE THe PLACE FOR UNBEATABLE PRICES AND SERVICE 357 QUEEN ST EAST ACTON 8534200

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