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