Start-Up Costs and Fees |
||
| iDropped | CMIT Solutions | |
| Investment | 60100 - 119089 | 94470 - 127350 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2012 | 1994 |
| Year Franchised | 2014 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| iDropped | CMIT Solutions | |
| Experience | General business experience Proven relationship builder Consultative approach to solving business issues Management experience | |
Financing Options |
||
| iDropped | CMIT Solutions | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| iDropped | CMIT Solutions | |
| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours | First, you'll attend an on-site franchisee training program at our home office in Austin, Texas. The agenda is packed with information on service methodology, recruiting and interviewing skills, commanding top margins, marketing and sales best practices, and more. We'll show you how to build a professional business with recurring revenue streams. We offer interactive, hands-on training to fine-tune the skills you'll need most in your new computer services career. Classroom Training: 82.5 hours Additional Training: 2 weeks onsite in Austin, TX |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | Number of Employees Required to Run: 1 - 3 | Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| iDropped | CMIT Solutions | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| iDropped | |
| CMIT Solutions | |
| Franchise Fee | |
| iDropped | |
| CMIT Solutions | |
| Royalty Fee | |
| iDropped | 6% |
| CMIT Solutions | 6% |
| Advertising Fee | |
| iDropped | 2% |
| CMIT Solutions | 2% |
| Year Founded | |
| iDropped | 2012 |
| CMIT Solutions | 1994 |
| Year Franchised | |
| iDropped | 2014 |
| CMIT Solutions | 1998 |
| Term Of Agreement | |
| iDropped | |
| CMIT Solutions | 10 years |
| Renewal Fee | |
| iDropped | |
| CMIT Solutions | $1,000 |
Business Experience Requirements |
|
| Experience | |
| iDropped | |
| CMIT Solutions | General business experience Proven relationship builder Consultative approach to solving business issues Management experience |
Financing Options |
|
| Franchise Fees | |
| iDropped | |
| CMIT Solutions | |
| Start-up Costs | |
| iDropped | |
| CMIT Solutions | |
| Equipment | |
| iDropped} | |
| CMIT Solutions | |
| Inventory | |
| iDropped | |
| CMIT Solutions | |
| Receivables | |
| iDropped | |
| CMIT Solutions | |
| Payroll | |
| iDropped | |
| CMIT Solutions | |
Training & Support |
|
| Training | |
| iDropped | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| CMIT Solutions | First, you'll attend an on-site franchisee training program at our home office in Austin, Texas. The agenda is packed with information on service methodology, recruiting and interviewing skills, commanding top margins, marketing and sales best practices, and more. We'll show you how to build a professional business with recurring revenue streams. We offer interactive, hands-on training to fine-tune the skills you'll need most in your new computer services career. Classroom Training: 82.5 hours Additional Training: 2 weeks onsite in Austin, TX |
| Support | |
| iDropped | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection |
| CMIT Solutions | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | |
| iDropped | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| CMIT Solutions | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| iDropped | Number of Employees Required to Run: 1 - 3 |
| CMIT Solutions | Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 10 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| iDropped | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| CMIT Solutions | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| iDropped | |
| CMIT Solutions | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| iDropped | |
| CMIT Solutions | |