Start-Up Costs and Fees |
||
| Murphy Business | BtoB Connect | |
| Investment | 62350 - 123735 | 20000 - 30000 |
| Franchise Fee | ||
| Royalty Fee | 10% | $50 per chapter/per mo plus administration fee $150/mo |
| Advertising Fee | ||
| Year Founded | 1994 | 2005 |
| Year Franchised | 2006 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Murphy Business | BtoB Connect | |
| Experience | The ideal candidate is 35 - 65 years old and meets most of the following criteria: - Is a former business owner - Is a former business buyer - Holds or has held a management level position - Wants to control his or her own destiny - Is self-confident and likes working with people to help them achieve their dreams and goals You don't need business broker experience. We will train you and provide you with the tools you need. | |
Financing Options |
||
| Murphy Business | BtoB Connect | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Murphy Business | BtoB Connect | |
| Training | On-The-Job Training: Mentoring Classroom Training: 92 hours | Online and by video conference. Launch of your local area by franchisor. |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits |
| Marketing | Ad Templates National Media Regional Advertising Social media Website development Email marketing | Online website. Email mailings. Additional Services: Grand Opening, online website. |
| Operations | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. | Average Number of Employees: 1 Part-time. Passive Ownership: Allowed. |
Expansion Plans |
||
| Murphy Business | BtoB Connect | |
| 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 | |
| Murphy Business | |
| BtoB Connect | |
| Franchise Fee | |
| Murphy Business | |
| BtoB Connect | |
| Royalty Fee | |
| Murphy Business | 10% |
| BtoB Connect | $50 per chapter/per mo plus administration fee $150/mo |
| Advertising Fee | |
| Murphy Business | |
| BtoB Connect | |
| Year Founded | |
| Murphy Business | 1994 |
| BtoB Connect | 2005 |
| Year Franchised | |
| Murphy Business | 2006 |
| BtoB Connect | 2008 |
| Term Of Agreement | |
| Murphy Business | |
| BtoB Connect | 5 or 10 years |
| Renewal Fee | |
| Murphy Business | |
| BtoB Connect | |
Business Experience Requirements |
|
| Experience | |
| Murphy Business | The ideal candidate is 35 - 65 years old and meets most of the following criteria: - Is a former business owner - Is a former business buyer - Holds or has held a management level position - Wants to control his or her own destiny - Is self-confident and likes working with people to help them achieve their dreams and goals You don't need business broker experience. We will train you and provide you with the tools you need. |
| BtoB Connect | |
Financing Options |
|
| Franchise Fees | |
| Murphy Business | |
| BtoB Connect | |
| Start-up Costs | |
| Murphy Business | |
| BtoB Connect | |
| Equipment | |
| Murphy Business} | |
| BtoB Connect | |
| Inventory | |
| Murphy Business | |
| BtoB Connect | |
| Receivables | |
| Murphy Business | |
| BtoB Connect | |
| Payroll | |
| Murphy Business | |
| BtoB Connect | |
Training & Support |
|
| Training | |
| Murphy Business | On-The-Job Training: Mentoring Classroom Training: 92 hours |
| BtoB Connect | Online and by video conference. Launch of your local area by franchisor. |
| Support | |
| Murphy Business | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| BtoB Connect | Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits |
| Marketing | |
| Murphy Business | Ad Templates National Media Regional Advertising Social media Website development Email marketing |
| BtoB Connect | Online website. Email mailings. Additional Services: Grand Opening, online website. |
| Operations | |
| Murphy Business | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. |
| BtoB Connect | Average Number of Employees: 1 Part-time. Passive Ownership: Allowed. |
Expansion Plans |
|
| US Expansion | |
| Murphy Business | 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 |
| BtoB Connect | 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 | |
| Murphy Business | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| BtoB Connect | |
| International Expansion | |
| Murphy Business | |
| BtoB Connect | |