Panache Magazine vs SNAP Newspaper Group Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Panache Magazine vs SNAP Newspaper Group including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

Panache Magazine Franchise
SNAP Newspaper Group Franchise
Investment $268,400$69,500 - $89,500
Franchise Fee $150,000$29,500 - $49,500
Royalty Fee 0-
Advertising Fee --
Year Founded 2003-
Year Franchised 2004-
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee 25% of then current fran. fee-

Business Experience Requirements

Panache Magazine Franchise
SNAP Newspaper Group Franchise
  • General business experience
  • Marketing skills
  • Applicants must demonstrate a strong desire to own and operate their own successful business. SNAP looks for high potential franchise owners who are committed to the business and to making it a success, as well as those with the experience or confidence to relate well to community members and advertisers within. The need for hard work in the operation of a profitable franchise cannot be over-emphasized.

    Financing Options

    Panache Magazine Franchise
    SNAP Newspaper Group Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

    Panache Magazine Franchise
    SNAP Newspaper Group Franchise
    Training -New Franchisees receive training for themselves and their key people for two (2) full Weeks including both practical and on-the-job instruction. Training will be provided at a SNAP location for 5 days and an additional 5 days at the Franchisees office or territory.
    Support Newsletter, Meetings, Internet, Field operations/evaluations-
    Marketing --
    Operations Franchise can be run from home.

    - 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

    Panache Magazine Franchise
    SNAP Newspaper Group Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Panache Magazine

    The entrepreneurial culture at Panache Partners creates unique career opportunities in publishing for those special individuals who thrive in an environment where sophistication, style, ingenuity and a fast pace are the norm.

    At Panache Partners, a career means wearing the hat of a publisher and taking ownership for creating elegant coffee table books that surpass the expectations for the people we serve: our clients and, of course, our discerning readers.
    Careers at Panache are, in a word, panache!

    If you are one of those special individuals, we invite you to contact us.

    About SNAP Newspaper Group

    Almost everyone is aware of the tremendous boom in franchising that has occurred in the world during the last twenty years. But, why has it been so successful, and how does it work? Most understand it as a means for independent entrepreneurs to go into business for themselves in order to distribute various goods or services. There is no definition that holds true in all cases. However, in general terms, franchising is a method of distribution or marketing in which a company (the "Franchisor") grants by contract to an individual, or other company (the "Franchisee") the right to carry on a business in a prescribed way, in a particular location or area, for a specified period. The Franchisee is licensed to sell a product or service to the public. In return, the Franchisor receives a royalty for support and expertise given under a common name. The strong and growing popularity of franchising around the world has resulted from the built-in advantages that franchises enjoy over the newly started independent business. Some of these advantages are: * A recognizable brand name * Professional assistance in demographic studies and market analysis, financial planning, employee training, start-up and ongoing support * Head office support and assistance in such areas as marketing and sales, research, accounting systems, etc. * Full publication design and output Indeed, statistics show that while an independently owned and operated business stands a seventy to eighty percent chance of failure in the first two years, a newly opened franchise business has over an eighty percent chance of success during the same period. You owe it to yourself to thoroughly investigate any business opportunity that comes along. We will be more than happy to spend whatever time is required to review all the facts regarding franchising in general and a SNAP Franchise opportunity in particular.