TruePresence vs Netspace Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of TruePresence vs Netspace including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  TruePresence Netspace
Investment 43300 - 106300 51200 - 70900
Franchise Fee
Royalty Fee 6% 10%
Advertising Fee
Year Founded 2003 1996
Year Franchised 2005 2000
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  TruePresence Netspace
Experience General business experience Marketing skills

Financing Options

  TruePresence Netspace
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  TruePresence Netspace
Training
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  TruePresence Netspace
US Expansion
Canada Expansion 0 0
International Expansion Western Europe,

Start-Up Costs and Fees Mobile

Investment
TruePresence
Netspace
Franchise Fee
TruePresence
Netspace
Royalty Fee
TruePresence 6%
Netspace 10%
Advertising Fee
TruePresence
Netspace
Year Founded
TruePresence 2003
Netspace 1996
Year Franchised
TruePresence 2005
Netspace 2000
Term Of Agreement
TruePresence 10 years
Netspace 10 years
Renewal Fee
TruePresence Varies
Netspace $2.5K


Business Experience Requirements

Experience
TruePresence
Netspace General business experience Marketing skills

Financing Options

 
Franchise Fees
TruePresence No
Netspace No
Start-up Costs
TruePresence
Netspace
Equipment
TruePresence}
Netspace
Inventory
TruePresence
Netspace
Receivables
TruePresence
Netspace
Payroll
TruePresence
Netspace

Training & Support

Training
TruePresence
Netspace
Support
TruePresence
Netspace Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
TruePresence
Netspace Co-op advertising, Ad slicks, National media, Regional advertising
Operations
TruePresence
Netspace 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
TruePresence
Netspace
Canada Expansion
TruePresence 0
Netspace 0
International Expansion
TruePresence
Netspace Western Europe,