Start-Up Costs and Fees |
||
| Environmental Factor | Truly Nolen | |
| Investment | 30000 - 40000 | 3600 - 300500 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | |
| Advertising Fee | ||
| Year Founded | 1991 | 1938 |
| Year Franchised | 2001 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Environmental Factor | Truly Nolen | |
| Experience | General business experience Marketing skills Industry experience is preferred | |
Financing Options |
||
| Environmental Factor | Truly Nolen | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Environmental Factor | Truly Nolen | |
| Training | At specific training centers | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Franchise can be run from home. 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Environmental Factor | Truly Nolen | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Environmental Factor | |
| Truly Nolen | |
| Franchise Fee | |
| Environmental Factor | |
| Truly Nolen | |
| Royalty Fee | |
| Environmental Factor | |
| Truly Nolen | 7% |
| Advertising Fee | |
| Environmental Factor | |
| Truly Nolen | |
| Year Founded | |
| Environmental Factor | 1991 |
| Truly Nolen | 1938 |
| Year Franchised | |
| Environmental Factor | 2001 |
| Truly Nolen | 1996 |
| Term Of Agreement | |
| Environmental Factor | |
| Truly Nolen | 5 years |
| Renewal Fee | |
| Environmental Factor | |
| Truly Nolen | |
Business Experience Requirements |
|
| Experience | |
| Environmental Factor | |
| Truly Nolen | General business experience Marketing skills Industry experience is preferred |
Financing Options |
|
| Franchise Fees | |
| Environmental Factor | |
| Truly Nolen | |
| Start-up Costs | |
| Environmental Factor | |
| Truly Nolen | |
| Equipment | |
| Environmental Factor} | |
| Truly Nolen | |
| Inventory | |
| Environmental Factor | |
| Truly Nolen | |
| Receivables | |
| Environmental Factor | |
| Truly Nolen | |
| Payroll | |
| Environmental Factor | |
| Truly Nolen | |
Training & Support |
|
| Training | |
| Environmental Factor | |
| Truly Nolen | At specific training centers |
| Support | |
| Environmental Factor | |
| Truly Nolen | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Environmental Factor | |
| Truly Nolen | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Environmental Factor | |
| Truly Nolen | Franchise can be run from home. 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Environmental Factor | |
| Truly Nolen | 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 | |
| Environmental Factor | 0 |
| Truly Nolen | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Environmental Factor | |
| Truly Nolen | |