Become Monthly Coupons Franchisee
To become a Monthly Coupons Franchisee, you must be able to satisfy the financial requirements and the franchisee qualifications.
If you become a franchisee, Monthly Coupons will offer you great opportunities for your success in the business.
If you are interested to become a Monthly Coupons franchisee, you must be able to meet the qualifications and requirements set by the company. Also, for you to work comfortably with this business, you must have the heart and interest to make your own Monthly Coupons franchise unit be a success.
Before starting ahead with a franchise of Monthly Coupons, you must first be familiar with the services this business is offering to its customers. Monthly Coupons started off in 2001 as a small business specializing in the direct-mailing industry. With its popularity among people of all ages, in 2007, it was able to initiate franchising opportunities for interested parties.
If you are the type of person who works well independently at your own pace and at your own terms, then you may find a good business deal with Monthly Coupons. Joining Monthly Coupons’ Network of franchisees will provide you lots of benefits you would truly enjoy. You’ll get to work comfortably in your home. You will not miss any holiday or family events anymore. Don’t you think that’s the best deal there is? All of it comes in such a reasonable investment.
You will only need to save up to around $135,000 to $150,000 to be able to start up a franchise business with Monthly Coupons. Here is how it will all be allocated in your business. After signing the agreement, you will be asked to pay up $25,000 for the initial franchising fee. Territory fee is a bit high from the franchising fee at about $50,000. Of course, you’ll be applying for a business license and permit which will cost you $500 to $1,000. You will also need to set aside $5,000 for your leasehold changes and improvements. You will be charged $2,500 for the unit’s rent and utility. You’ll need to a lot at least $3,500 for the field equipment you will need in your business. As for your office equipment, you will spend around $5,500. The professional and membership fees cost $2,000 to $2,500. You will definitely need insurance for the security of your business. And it will cost you at least $200 up to $1,000 for your deposit. The company will provide you with different advertising and marketing for $1,500. And as you are being trained by the experts in their company, you will pay them $800 to $2,500. And of course, you will be giving your employees their salaries, as well as the company’s royalty fees which would amount to $10,000. You’ll just expect some additional expenses as you go through your business endeavors at around $36,000 to $40,000.
Now that you are already aware of the financial capability that a franchisee must have, it’s now time to look as the other qualifications needed to become a Monthly Coupons franchisee. You are suited to become franchisee if you have great marketing skills. You’ll need those skills in promoting your business to gather more clients. You must have an exemplary background in sales and promotions so that you’ll not have a hard time handling your own business in time. You must be fully committed to supervise and personally work on the business operations of your unit.
If you have satisfied all those qualifications and requirements, then you are ready to become a Monthly Coupons franchisee.
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