Start-Up Costs and Fees |
||
| Recognition Express | Relocation Strategies | |
| Investment | 82100 - 118500 | 62500 - 88200 |
| Franchise Fee | ||
| Royalty Fee | 4-6% | 3%-6% |
| Advertising Fee | ||
| Year Founded | 1972 | 1993 |
| Year Franchised | 1974 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Recognition Express | Relocation Strategies | |
| Experience | ||
Financing Options |
||
| Recognition Express | Relocation Strategies | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Recognition Express | Relocation Strategies | |
| Training | On-The-Job Training: 50 hours Classroom Training: 50 hours Additional Training: At client/prospect offices | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing | |
| Operations | Number of Employees Required to Run: 2 - 5 | |
Expansion Plans |
||
| Recognition Express | Relocation Strategies | |
| 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 | |
| Recognition Express | |
| Relocation Strategies | |
| Franchise Fee | |
| Recognition Express | |
| Relocation Strategies | |
| Royalty Fee | |
| Recognition Express | 4-6% |
| Relocation Strategies | 3%-6% |
| Advertising Fee | |
| Recognition Express | |
| Relocation Strategies | |
| Year Founded | |
| Recognition Express | 1972 |
| Relocation Strategies | 1993 |
| Year Franchised | |
| Recognition Express | 1974 |
| Relocation Strategies | 2001 |
| Term Of Agreement | |
| Recognition Express | 10 years |
| Relocation Strategies | |
| Renewal Fee | |
| Recognition Express | |
| Relocation Strategies | |
Business Experience Requirements |
|
| Experience | |
| Recognition Express | |
| Relocation Strategies | |
Financing Options |
|
| Franchise Fees | |
| Recognition Express | No |
| Relocation Strategies | No |
| Start-up Costs | |
| Recognition Express | |
| Relocation Strategies | |
| Equipment | |
| Recognition Express} | |
| Relocation Strategies | |
| Inventory | |
| Recognition Express | |
| Relocation Strategies | |
| Receivables | |
| Recognition Express | |
| Relocation Strategies | |
| Payroll | |
| Recognition Express | |
| Relocation Strategies | |
Training & Support |
|
| Training | |
| Recognition Express | |
| Relocation Strategies | On-The-Job Training: 50 hours Classroom Training: 50 hours Additional Training: At client/prospect offices |
| Support | |
| Recognition Express | |
| Relocation Strategies | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Recognition Express | |
| Relocation Strategies | Co-op Advertising Ad Templates National Media Regional Advertising Social media Website development Email marketing |
| Operations | |
| Recognition Express | |
| Relocation Strategies | Number of Employees Required to Run: 2 - 5 |
Expansion Plans |
|
| US Expansion | |
| Recognition Express | |
| Relocation Strategies | 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 |
| Relocation Strategies | |
| International Expansion | |
| Recognition Express | |
| Relocation Strategies | |