Start-Up Costs and Fees |
||
| Murphy Business | Recognition Express | |
| Investment | 62350 - 123735 | 82100 - 118500 |
| Franchise Fee | ||
| Royalty Fee | 10% | 4-6% |
| Advertising Fee | ||
| Year Founded | 1994 | 1972 |
| Year Franchised | 2006 | 1974 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Murphy Business | Recognition Express | |
| 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 | Recognition Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Murphy Business | Recognition Express | |
| Training | On-The-Job Training: Mentoring Classroom Training: 92 hours | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Ad Templates National Media Regional Advertising Social media Website development Email marketing | |
| Operations | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Murphy Business | Recognition Express | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Murphy Business | |
| Recognition Express | |
| Franchise Fee | |
| Murphy Business | |
| Recognition Express | |
| Royalty Fee | |
| Murphy Business | 10% |
| Recognition Express | 4-6% |
| Advertising Fee | |
| Murphy Business | |
| Recognition Express | |
| Year Founded | |
| Murphy Business | 1994 |
| Recognition Express | 1972 |
| Year Franchised | |
| Murphy Business | 2006 |
| Recognition Express | 1974 |
| Term Of Agreement | |
| Murphy Business | |
| Recognition Express | 10 years |
| Renewal Fee | |
| Murphy Business | |
| Recognition Express | |
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. |
| Recognition Express | |
Financing Options |
|
| Franchise Fees | |
| Murphy Business | |
| Recognition Express | |
| Start-up Costs | |
| Murphy Business | |
| Recognition Express | |
| Equipment | |
| Murphy Business} | |
| Recognition Express | |
| Inventory | |
| Murphy Business | |
| Recognition Express | |
| Receivables | |
| Murphy Business | |
| Recognition Express | |
| Payroll | |
| Murphy Business | |
| Recognition Express | |
Training & Support |
|
| Training | |
| Murphy Business | On-The-Job Training: Mentoring Classroom Training: 92 hours |
| Recognition Express | |
| Support | |
| Murphy Business | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Recognition Express | |
| Marketing | |
| Murphy Business | Ad Templates National Media Regional Advertising Social media Website development Email marketing |
| Recognition Express | |
| Operations | |
| Murphy Business | *Franchise can be run from home *Absentee ownership of franchise is NOT allowed. |
| Recognition Express | |
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 |
| Recognition Express | |
| 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 |
| Recognition Express | 0 |
| International Expansion | |
| Murphy Business | |
| Recognition Express | |