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Updated RecentlyBingo Bugle Newspaper vs Tidbits Media Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bingo Bugle Newspaper vs Tidbits Media including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $9,070 - $15,020 | $8,500 - $25,000 |
| Franchise Fee | $5,000 | N/A |
| Royalty Fee | 8% | $76 per week |
| Advertising Fee | - | - |
| Year Founded | 1981 | 1993 |
| Year Franchised | 1983 | 1994 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Training w/regional manager or headquarter office | We provide training sessions quarterly at Tidbits University the cost of which is included in the license fee. NEXT Tidbits University training: May 13-16, 2008 |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | - |
| Marketing | Co-op advertising, Ad slicks | - |
| Operations |
Franchise can be run from home. 16% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Bingo Bugle Newspaper
Robert Snowden started Bingo Bugle in 1980 to serve the needs of charitable bingo organizations, Native American bingo and other gaming establishments. The first newspaper was published in 1980, serving the Tacoma, Washington, area. Each newspaper contains news and feature stories about bingo and related topics, as well as ads for games. Bingo Bugle newspapers are read throughout North America. By 2000, the paper's circulation had surpassed 1 million.
About Tidbits Media
License Opportunity!
Over 4 Million Readers Weekly Nationwide
Owning a Tidbits publishing operation is an opportunity to achieve your dreams. Financial independence, job security, and a high yield on investment are just a few of the benefits of becoming the owner of an exclusive Tidbits paper. Tidbits affords the opportunity for you to capitalize on your sales ability, and allows you to build an attractive net worth through a publishing concept that will be well received in your community. Tidbits, a weekly publication, offers advertisers an attractive, affordable alternative to the daily newspaper and the clutter of local radio and television advertising. Our publishing system has emerged as a proven method through which entrepreneurs may shine. Our experience shows that the part of publishing that requires the greatest amount of time is the research, writing and editing, and designing each week's issue. Tidbits Media, Inc provides the fun, non-controversial editorial content (text) thus eliminating the need for Tidbits Publishers to hire writers, editors and researchers. Tidbits publishers deal with the part of their paper that makes them money - ad sales. It is up to you to take charge of your future! We are ready to help make your dreams of independence come true. Statewide Master Publisher program available. Call for details!
Owning a Tidbits® newspaper publishing operation is an opportunity to achieve your dreams. Similar to a newspaper franchise, Tidbits is a National Publishing opportunity without the franchise expense of royalties.
You never pay a percentage of your gross revenue to the Corporate Office. While your customers have a cup of coffee you provide the news! Not depressing news but fun, light-hearted news! You work for yourself, work from home and thus you keep your overhead costs low. Financial independence, job security, and a high yield on investment are just a few of the benefits of becoming the owner of an exclusive Tidbits paper.