Start-Up Costs and Fees |
||
| Magnetsigns Advertising | Allegra Network | |
| Investment | 24000 - 80000 | 30872 - 373911 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 10% | 1.5%-6% |
| Advertising Fee | 1% | |
| Year Founded | 1995 | 1976 |
| Year Franchised | 1996 | 1977 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Magnetsigns Advertising | Allegra Network | |
| Experience | General business experience | Liquid Capital Required: $100,000 Net Worth Required: $400,000 Investment: $162,464 - $516,949 |
Financing Options |
||
| Magnetsigns Advertising | Allegra Network | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Magnetsigns Advertising | Allegra Network | |
| Training | At Allegra we have an initial two week training for new members. On an ongoing basis we have consultative sales management training , Virtual Sales Manager training programs , as well as, extensive online training on marketing services and sales coaching to our members. On-The-Job Training: 17 hours Classroom Training: 66 hours Additional Training: Virtual and in-person operations, sales and marketing training | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | The Profit Mastery Program featuring facilitated Performance groups and Profit Mastery Assessment Process. Business Assessment & Planning Process based on our Annual Operating Ratio Study that helps pinpoint areas for improvement in cost management, staffing, and a host of operational functions. A full-service, cost-advantaged Allegra Marketing Resource Center to execute a complete range of strategic planning and creative services for member clients. We offer more than 130 cost-advantaged vendor relationships to drive higher margins and increase profitably. Number of Employees Required to Run: 4 |
Expansion Plans |
||
| Magnetsigns Advertising | Allegra Network | |
| 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 | 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 | |
| Magnetsigns Advertising | |
| Allegra Network | |
| Franchise Fee | |
| Magnetsigns Advertising | |
| Allegra Network | |
| Royalty Fee | |
| Magnetsigns Advertising | 10% |
| Allegra Network | 1.5%-6% |
| Advertising Fee | |
| Magnetsigns Advertising | |
| Allegra Network | 1% |
| Year Founded | |
| Magnetsigns Advertising | 1995 |
| Allegra Network | 1976 |
| Year Franchised | |
| Magnetsigns Advertising | 1996 |
| Allegra Network | 1977 |
| Term Of Agreement | |
| Magnetsigns Advertising | 10 years |
| Allegra Network | 20 years |
| Renewal Fee | |
| Magnetsigns Advertising | $3K |
| Allegra Network | |
Business Experience Requirements |
|
| Experience | |
| Magnetsigns Advertising | General business experience |
| Allegra Network | Liquid Capital Required: $100,000 Net Worth Required: $400,000 Investment: $162,464 - $516,949 |
Financing Options |
|
| Franchise Fees | |
| Magnetsigns Advertising | No |
| Allegra Network | No |
| Start-up Costs | |
| Magnetsigns Advertising | |
| Allegra Network | |
| Equipment | |
| Magnetsigns Advertising} | |
| Allegra Network | |
| Inventory | |
| Magnetsigns Advertising | |
| Allegra Network | |
| Receivables | |
| Magnetsigns Advertising | |
| Allegra Network | |
| Payroll | |
| Magnetsigns Advertising | |
| Allegra Network | |
Training & Support |
|
| Training | |
| Magnetsigns Advertising | |
| Allegra Network | At Allegra we have an initial two week training for new members. On an ongoing basis we have consultative sales management training , Virtual Sales Manager training programs , as well as, extensive online training on marketing services and sales coaching to our members. On-The-Job Training: 17 hours Classroom Training: 66 hours Additional Training: Virtual and in-person operations, sales and marketing training |
| Support | |
| Magnetsigns Advertising | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Allegra Network | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Magnetsigns Advertising | |
| Allegra Network | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Magnetsigns Advertising | Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
| Allegra Network | The Profit Mastery Program featuring facilitated Performance groups and Profit Mastery Assessment Process. Business Assessment & Planning Process based on our Annual Operating Ratio Study that helps pinpoint areas for improvement in cost management, staffing, and a host of operational functions. A full-service, cost-advantaged Allegra Marketing Resource Center to execute a complete range of strategic planning and creative services for member clients. We offer more than 130 cost-advantaged vendor relationships to drive higher margins and increase profitably. Number of Employees Required to Run: 4 |
Expansion Plans |
|
| US Expansion | |
| Magnetsigns Advertising | |
| Allegra Network | 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 | |
| Magnetsigns Advertising | |
| Allegra Network | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Magnetsigns Advertising | |
| Allegra Network | Canada, |