Start-Up Costs and Fees |
||
| IKOR | Touching Hearts | |
| Investment | 86450 - 138083 | 48900 - 75600 |
| Franchise Fee | ||
| Royalty Fee | 8% | 3%-5% |
| Advertising Fee | 1% | |
| Year Founded | 2000 | 1996 |
| Year Franchised | 2010 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| IKOR | Touching Hearts | |
| Experience | ||
Financing Options |
||
| IKOR | Touching Hearts | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| IKOR | Touching Hearts | |
| Training | Classroom Training: 74 hours | Classroom Training: 32 hours |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Ad Templates Social media SEO Website development | |
| Operations | Number of Employees Required to Run: 2 | |
Expansion Plans |
||
| IKOR | Touching Hearts | |
| 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 | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| IKOR | |
| Touching Hearts | |
| Franchise Fee | |
| IKOR | |
| Touching Hearts | |
| Royalty Fee | |
| IKOR | 8% |
| Touching Hearts | 3%-5% |
| Advertising Fee | |
| IKOR | 1% |
| Touching Hearts | |
| Year Founded | |
| IKOR | 2000 |
| Touching Hearts | 1996 |
| Year Franchised | |
| IKOR | 2010 |
| Touching Hearts | 2007 |
| Term Of Agreement | |
| IKOR | 10 years +5+5+5 |
| Touching Hearts | |
| Renewal Fee | |
| IKOR | |
| Touching Hearts | |
Business Experience Requirements |
|
| Experience | |
| IKOR | |
| Touching Hearts | |
Financing Options |
|
| Franchise Fees | |
| IKOR | |
| Touching Hearts | |
| Start-up Costs | |
| IKOR | |
| Touching Hearts | |
| Equipment | |
| IKOR} | |
| Touching Hearts | |
| Inventory | |
| IKOR | |
| Touching Hearts | |
| Receivables | |
| IKOR | |
| Touching Hearts | |
| Payroll | |
| IKOR | |
| Touching Hearts | |
Training & Support |
|
| Training | |
| IKOR | Classroom Training: 74 hours |
| Touching Hearts | Classroom Training: 32 hours |
| Support | |
| IKOR | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Touching Hearts | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| IKOR | |
| Touching Hearts | Ad Templates Social media SEO Website development |
| Operations | |
| IKOR | Number of Employees Required to Run: 2 |
| Touching Hearts | |
Expansion Plans |
|
| US Expansion | |
| IKOR | 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 |
| Touching Hearts | |
| Canada Expansion | |
| IKOR | |
| Touching Hearts | 0 |
| International Expansion | |
| IKOR | |
| Touching Hearts | |