Start-Up Costs and Fees |
||
| Red Wheel Fundraising | Gift Card Monkey | |
| Investment | 38000 - 86000 | 10950 - 27600 |
| Franchise Fee | ||
| Royalty Fee | 8% | |
| Advertising Fee | ||
| Year Founded | 1982 | 0 |
| Year Franchised | 1988 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Wheel Fundraising | Gift Card Monkey | |
| Experience | ||
Financing Options |
||
| Red Wheel Fundraising | Gift Card Monkey | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Wheel Fundraising | Gift Card Monkey | |
| Training | * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+ | Training is conducted prior to opening your business and it is conducted by our professional team, which may consist of both corporate-based trainers and Regional Trainers. The initial training is typically conducted at our headquarter location in Miami, Florida and is free of charge to you. You are responsible for your travel expenses. We also offer free ongoing refresher trainings which will continue to help you become familiar in modern sales and marketing techniques. When you complete the initial training you are ready to start your business and through this training you have acquired the skills to: Be completely ready to open and operate your store. Be ready to hire and manage employees for your business. Be comfortable with people management. Manage your inventory. Perform effective advertising and marketing campaigns, public relations strategies in order to establish and grow your business. Perform and handle the day to day operations of your business. Command the computer and hardware/software and POS systems needed to operate your business. Implement new sales and merchandising strategies to improve and maximize sales. Understand Gift Card Monkey business reporting & requirements. |
| Support | At Gift Card Monkey, we are extremely proud of our franchisee support. Our philosophy is extremely simple. Our franchisee's success translates into our success and their failure translated into our failure. It is therefore to our best interest to support our franchisees without any restrictions or boundaries. One of the main advantages of purchasing a franchise and a main reason why most franchises succeed as compared to individual businesses is the support you will receive from the headquarters. You will never feel that you are alone. You will consider us your partner in this endeavor, every day. As our franchise network grows, with every new franchisee you have gained yourself a new partner. We all go to work every day and we all share the same goals and the same ambitions. Our goal is to grow the Gift Card Monkey brand, constantly provide new products and services and ultimately make the business more profitable for all of our partners (franchisees). There is absolutely no limitation in the amount of available support. You can call us for any reason including advertising consulting, technical help, additional training or sales support. As you contact us, you are always priority. Once again your success directly translates into our success and we take this very seriously. | |
| Marketing | *Vehicle rear window decal *Promotional banners personalized for you *An on-line vault for information sharing with other franchisees *Email marketing *Direct mail campaign *Text message campaign *In-store LCD and LED promotional products *Balloons, banners, yard signs, etc. And much more | |
| Operations | * Franchise can be run from home * 30% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 3 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Red Wheel Fundraising | Gift Card Monkey | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
| Franchise Fee | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
| Royalty Fee | |
| Red Wheel Fundraising | 8% |
| Gift Card Monkey | |
| Advertising Fee | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
| Year Founded | |
| Red Wheel Fundraising | 1982 |
| Gift Card Monkey | 0 |
| Year Franchised | |
| Red Wheel Fundraising | 1988 |
| Gift Card Monkey | 0 |
| Term Of Agreement | |
| Red Wheel Fundraising | 10 years |
| Gift Card Monkey | |
| Renewal Fee | |
| Red Wheel Fundraising | $2,000 |
| Gift Card Monkey | |
Business Experience Requirements |
|
| Experience | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
Financing Options |
|
| Franchise Fees | |
| Red Wheel Fundraising | No |
| Gift Card Monkey | No |
| Start-up Costs | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
| Equipment | |
| Red Wheel Fundraising} | |
| Gift Card Monkey | |
| Inventory | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
| Receivables | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
| Payroll | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
Training & Support |
|
| Training | |
| Red Wheel Fundraising | * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+ |
| Gift Card Monkey | Training is conducted prior to opening your business and it is conducted by our professional team, which may consist of both corporate-based trainers and Regional Trainers. The initial training is typically conducted at our headquarter location in Miami, Florida and is free of charge to you. You are responsible for your travel expenses. We also offer free ongoing refresher trainings which will continue to help you become familiar in modern sales and marketing techniques. When you complete the initial training you are ready to start your business and through this training you have acquired the skills to: Be completely ready to open and operate your store. Be ready to hire and manage employees for your business. Be comfortable with people management. Manage your inventory. Perform effective advertising and marketing campaigns, public relations strategies in order to establish and grow your business. Perform and handle the day to day operations of your business. Command the computer and hardware/software and POS systems needed to operate your business. Implement new sales and merchandising strategies to improve and maximize sales. Understand Gift Card Monkey business reporting & requirements. |
| Support | |
| Red Wheel Fundraising | |
| Gift Card Monkey | At Gift Card Monkey, we are extremely proud of our franchisee support. Our philosophy is extremely simple. Our franchisee's success translates into our success and their failure translated into our failure. It is therefore to our best interest to support our franchisees without any restrictions or boundaries. One of the main advantages of purchasing a franchise and a main reason why most franchises succeed as compared to individual businesses is the support you will receive from the headquarters. You will never feel that you are alone. You will consider us your partner in this endeavor, every day. As our franchise network grows, with every new franchisee you have gained yourself a new partner. We all go to work every day and we all share the same goals and the same ambitions. Our goal is to grow the Gift Card Monkey brand, constantly provide new products and services and ultimately make the business more profitable for all of our partners (franchisees). There is absolutely no limitation in the amount of available support. You can call us for any reason including advertising consulting, technical help, additional training or sales support. As you contact us, you are always priority. Once again your success directly translates into our success and we take this very seriously. |
| Marketing | |
| Red Wheel Fundraising | |
| Gift Card Monkey | *Vehicle rear window decal *Promotional banners personalized for you *An on-line vault for information sharing with other franchisees *Email marketing *Direct mail campaign *Text message campaign *In-store LCD and LED promotional products *Balloons, banners, yard signs, etc. And much more |
| Operations | |
| Red Wheel Fundraising | * Franchise can be run from home * 30% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 3 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Gift Card Monkey | |
Expansion Plans |
|
| US Expansion | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
| Canada Expansion | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |
| International Expansion | |
| Red Wheel Fundraising | |
| Gift Card Monkey | |