Start-Up Costs and Fees |
||
| OpenWorks | Office Pride | |
| Investment | 15000 - 150000 | 65000 - 107200 |
| Franchise Fee | 0 | |
| Royalty Fee | 5-10% | 9% |
| Advertising Fee | 1% | |
| Year Founded | 1983 | 1992 |
| Year Franchised | 1983 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| OpenWorks | Office Pride | |
| Experience | General business experience | |
Financing Options |
||
| OpenWorks | Office Pride | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | No | |
Training & Support |
||
| OpenWorks | Office Pride | |
| Training | On-The-Job Training: 90 hours Classroom Training: 36 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| OpenWorks | Office Pride | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| OpenWorks | |
| Office Pride | |
| Franchise Fee | |
| OpenWorks | |
| Office Pride | |
| Royalty Fee | |
| OpenWorks | 5-10% |
| Office Pride | 9% |
| Advertising Fee | |
| OpenWorks | |
| Office Pride | 1% |
| Year Founded | |
| OpenWorks | 1983 |
| Office Pride | 1992 |
| Year Franchised | |
| OpenWorks | 1983 |
| Office Pride | 1996 |
| Term Of Agreement | |
| OpenWorks | 10 years |
| Office Pride | |
| Renewal Fee | |
| OpenWorks | |
| Office Pride | |
Business Experience Requirements |
|
| Experience | |
| OpenWorks | General business experience |
| Office Pride | |
Financing Options |
|
| Franchise Fees | |
| OpenWorks | Yes |
| Office Pride | Yes |
| Start-up Costs | |
| OpenWorks | |
| Office Pride | |
| Equipment | |
| OpenWorks} | |
| Office Pride | |
| Inventory | |
| OpenWorks | |
| Office Pride | |
| Receivables | |
| OpenWorks | |
| Office Pride | |
| Payroll | |
| OpenWorks | |
| Office Pride | |
Training & Support |
|
| Training | |
| OpenWorks | |
| Office Pride | On-The-Job Training: 90 hours Classroom Training: 36 hours |
| Support | |
| OpenWorks | Newsletter, Meetings, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Office Pride | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| OpenWorks | Regional advertising |
| Office Pride | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| OpenWorks | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Office Pride | |
Expansion Plans |
|
| US Expansion | |
| OpenWorks | |
| Office Pride | 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 | |
| OpenWorks | |
| Office Pride | 0 |
| International Expansion | |
| OpenWorks | |
| Office Pride | |