Start-Up Costs and Fees |
||
| Talent Tree | MRI Worldwide | |
| Investment | 120000 - 170000 | 66635 - 99785 |
| Franchise Fee | 0 | |
| Royalty Fee | 9%-3% | |
| Advertising Fee | 0.50% | |
| Year Founded | 1976 | 1957 |
| Year Franchised | 1990 | 1965 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Talent Tree | MRI Worldwide | |
| Experience | Industry experience Sales/sales management background preferred | |
Financing Options |
||
| Talent Tree | MRI Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Talent Tree | MRI Worldwide | |
| Training | 1. Corporate Office 3-4 Weeks 2. Franchise 1st 120 Days | |
| Support | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Average Number of Employees: 2 Full-time, 0 Part-time Passive Ownership: Allowed | International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Talent Tree | MRI Worldwide | |
| 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 | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Talent Tree | |
| MRI Worldwide | |
| Franchise Fee | |
| Talent Tree | |
| MRI Worldwide | |
| Royalty Fee | |
| Talent Tree | |
| MRI Worldwide | 9%-3% |
| Advertising Fee | |
| Talent Tree | |
| MRI Worldwide | 0.50% |
| Year Founded | |
| Talent Tree | 1976 |
| MRI Worldwide | 1957 |
| Year Franchised | |
| Talent Tree | 1990 |
| MRI Worldwide | 1965 |
| Term Of Agreement | |
| Talent Tree | |
| MRI Worldwide | 10-20 years |
| Renewal Fee | |
| Talent Tree | |
| MRI Worldwide | |
Business Experience Requirements |
|
| Experience | |
| Talent Tree | |
| MRI Worldwide | Industry experience Sales/sales management background preferred |
Financing Options |
|
| Franchise Fees | |
| Talent Tree | |
| MRI Worldwide | |
| Start-up Costs | |
| Talent Tree | |
| MRI Worldwide | |
| Equipment | |
| Talent Tree} | |
| MRI Worldwide | |
| Inventory | |
| Talent Tree | |
| MRI Worldwide | |
| Receivables | |
| Talent Tree | |
| MRI Worldwide | |
| Payroll | |
| Talent Tree | |
| MRI Worldwide | |
Training & Support |
|
| Training | |
| Talent Tree | 1. Corporate Office 3-4 Weeks 2. Franchise 1st 120 Days |
| MRI Worldwide | |
| Support | |
| Talent Tree | Central Data Processing Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Regional or National Meetings 800 Telephone Hotline |
| MRI Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Talent Tree | |
| MRI Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Talent Tree | Average Number of Employees: 2 Full-time, 0 Part-time Passive Ownership: Allowed |
| MRI Worldwide | International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Talent Tree | 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 |
| MRI Worldwide | |
| Canada Expansion | |
| Talent Tree | |
| MRI Worldwide | 0 |
| International Expansion | |
| Talent Tree | |
| MRI Worldwide | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |