|
Below is an in-depth analysis and side-by-side comparison of Concerto Networks vs 1 800 905 GEEK including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $23,400 - $47,900 | $53,400 - $82,200 |
Franchise Fee | $21,000 | $25,000 |
Royalty Fee | 14% | 11% |
Advertising Fee | - | - |
Year Founded | 2002 | 1999 |
Year Franchised | 2003 | 2001 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Varies | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
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. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
In addition to being one of the most popular on-site computer-support companies in the nation, 1 800 905 GEEK (a Geeks On Call Company) was named the #1 new franchise company in America by Entrepreneur Magazine (January 2006 issue). The services offered by 1 800 905 GEEK include computer privacy and security solutions, installations of hardware and wireless networks, troubleshooting, repairs, upgrades, and consulting. The company's certified, trained, and tested technicians drive Chrysler PT Cruisers wrapped in the 1 800 905 GEEK logo. Founded in 1999, 1 800 905 GEEK began franchising in 2001 and today has over 300 franchises operating nationwide. For more information, visit www.1800905GEEK.com. All 1 800 905 GEEK franchises are independently owned and operated. �2007 Geeks On Call America, Inc.