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Below is an in-depth analysis and side-by-side comparison of Panache Magazine vs The School Communications Agency including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $268,400 | $39,700 - $59,900 |
Franchise Fee | $150,000 | $30,000 - $40,000 |
Royalty Fee | 0 | 12% |
Advertising Fee | - | - |
Year Founded | 2003 | 2011 |
Year Franchised | 2004 | 2013 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | 25% of then current fran. fee | - |
Business Experience Requirements |
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Experience | Ad/Sales Experience | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | Yes/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 16-20 hours of Classroom Training, 16 -24 hours of On Site Training. |
Support | Newsletter, Meetings, Internet, Field operations/evaluations | Field Support and ongoing remote support is provided along with many resources and tools. |
Marketing | - | - |
Operations |
Franchise can be run from home.
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Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | The franchise offered is a home based owner-operator model. The content for the newsletter is provided by the school or the Franchisors Library of Content and is placed into the newsletter by Franchisor. The franchisee sells advertising space in the newsletter, manages the school and business relationships and shares a portion of the revenue with the schools. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.