Start-Up Costs and Fees |
||
| Bingo Bugle Newspaper | Talking Book World | |
| Investment | 9070 - 15020 | 150000 - 225000 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1981 | 1993 |
| Year Franchised | 1983 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Bingo Bugle Newspaper | Talking Book World | |
| Experience | Outgoing personality required | |
Financing Options |
||
| Bingo Bugle Newspaper | Talking Book World | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Bingo Bugle Newspaper | Talking Book World | |
| Training | Training w/regional manager or headquarter office | Franchisee's Store 2 Weeks |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | Franchise can be run from home. 16% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 1 Full-time, 2 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Bingo Bugle Newspaper | Talking Book World | |
| US Expansion | Alaska, Alabama, Delaware, Florida, Kansas, Louisiana, Maryland, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, Pennsylvania, South Carolina, South Dakota, Wyoming, | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Bingo Bugle Newspaper | |
| Talking Book World | |
| Franchise Fee | |
| Bingo Bugle Newspaper | |
| Talking Book World | |
| Royalty Fee | |
| Bingo Bugle Newspaper | 8% |
| Talking Book World | 5% |
| Advertising Fee | |
| Bingo Bugle Newspaper | |
| Talking Book World | 2% |
| Year Founded | |
| Bingo Bugle Newspaper | 1981 |
| Talking Book World | 1993 |
| Year Franchised | |
| Bingo Bugle Newspaper | 1983 |
| Talking Book World | 1995 |
| Term Of Agreement | |
| Bingo Bugle Newspaper | 5 years |
| Talking Book World | 15 years +5 |
| Renewal Fee | |
| Bingo Bugle Newspaper | |
| Talking Book World | |
Business Experience Requirements |
|
| Experience | |
| Bingo Bugle Newspaper | Outgoing personality required |
| Talking Book World | |
Financing Options |
|
| Franchise Fees | |
| Bingo Bugle Newspaper | No |
| Talking Book World | No |
| Start-up Costs | |
| Bingo Bugle Newspaper | |
| Talking Book World | |
| Equipment | |
| Bingo Bugle Newspaper} | |
| Talking Book World | |
| Inventory | |
| Bingo Bugle Newspaper | |
| Talking Book World | |
| Receivables | |
| Bingo Bugle Newspaper | |
| Talking Book World | |
| Payroll | |
| Bingo Bugle Newspaper | |
| Talking Book World | |
Training & Support |
|
| Training | |
| Bingo Bugle Newspaper | Training w/regional manager or headquarter office |
| Talking Book World | Franchisee's Store 2 Weeks |
| Support | |
| Bingo Bugle Newspaper | Newsletter, Meetings, Toll-free phone line, Internet |
| Talking Book World | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| Bingo Bugle Newspaper | Co-op advertising, Ad slicks |
| Talking Book World | |
| Operations | |
| Bingo Bugle Newspaper | Franchise can be run from home. 16% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Talking Book World | Average Number of Employees: 1 Full-time, 2 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Bingo Bugle Newspaper | Alaska, Alabama, Delaware, Florida, Kansas, Louisiana, Maryland, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, Pennsylvania, South Carolina, South Dakota, Wyoming, |
| Talking Book World | 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 | |
| Bingo Bugle Newspaper | |
| Talking Book World | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Bingo Bugle Newspaper | Canada, |
| Talking Book World | |