| ||||
Updated RecentlyParty Personnel vs PersoNet Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Party Personnel vs PersoNet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $22,500 - $40,000 | $35,200 - $100,000 |
| Franchise Fee | $15,000 | $15,000 - $60,000 |
| Royalty Fee | 3% | Varies |
| Advertising Fee | - | - |
| Year Founded | 1993 | 1994 |
| Year Franchised | 2003 | 1994 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | $7.5K | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | Yes/No |
| Payroll | No/No | Yes/No |
Training & Support |
||
| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Party Personnel
About PersoNet
NO LONGER FRANCHISING