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Below is an in-depth analysis and side-by-side comparison of Travel Network vs A & A Cruises & Tours including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $34,200 - $99,000 | N/A |
Franchise Fee | $3,950 - $29,900 | N/A |
Royalty Fee | $250-750/mo. | - |
Advertising Fee | - | - |
Year Founded | 1982 | - |
Year Franchised | 1983 | - |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | $500 | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/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 | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Travel Network Ltd. was founded in 1982 and began franchising in 1983. In 1998 it was acquired by Global Travel Network LLC, which operates Travel Network, Global Travel Network, Power Partners, Etravnet Agency and Vacation Central. The company is based in Englewood Cliffs, New Jersey, and has more than 500 locations throughout the United States and internationally.
NO LONGER IN THIS BUSINESS
A & A Cruises & Tours' Independent Travel Consultant program has enabled numerous individuals just like you to start up their own travel businesses on a modest start-up budget. By working from your home or office as an Associate with A & A, you can avoid the major expenses usually associated with starting up a new business. Many money-saving benefits can be gained as an Associate with A & A:
* You will have minimum overhead working out of your own home or office.
* When A & A trains you to become an agent, the training is tax deductible. There are many other tax benefits associated with affiliation, including deductions for familiarization trips, travel expenses, dining and entertainment, and office expenses. Always consult with your accountant who can advise you about your specific deductions and ways to save you money.
* Following your training, you can take advantage of the special travel discounts available to travel agents.
* With a home office, you will not need a sales tax permit, credit card equipment, rent, bonds or permits. A & A will also assist in registering those Associates who reside in the following states that require licensing or registration of travel sellers: California, Florida, Hawaii, Ohio.