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Below is an in-depth analysis and side-by-side comparison of 360 Painting vs MonitorClosely.com including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $99,125 - $139,500 | $45,000 - $60,000 |
Franchise Fee | $60,000 | $20,000 |
Royalty Fee | 6% | 8% |
Advertising Fee | 2% | 2% |
Year Founded | 2006 | 2006 |
Year Franchised | 2006 | 2006 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 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 | Yes/Yes | Yes/No |
Start-up Costs | -/Yes | No/No |
Equipment | -/Yes | No/Yes |
Inventory | -/Yes | No/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
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Training | 360 PAINTING offers the most comprehensive franchisee training program in the home services industry. The initial training is two weeks and covers all angles of running a home based business from initiating your marketing plan, completing estimates and finding the right painters to complete the projects. This also includes a full week in your territory with one of our support staff. Estimating Software Business Management Software Franchisee Resource Center Recruiting and Managing Employees and Sub-Contractors Marketing and Sales Paint Technology, etc. On-The-Job Training: 40 hours Classroom Training: 36 hours | - |
Support | Opening a business will present you with many new bridges to cross. As you implement the 360° PAINTING systems and grow your business, we are there to support you each step of the way. You will have access to support from our corporate staff who have years of experience in both supporting franchisees and the painting industry. Our franchisee to support staff ratio is the best in the business and we offer additional training programs throughout the year. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
MonitorClosely.com is a home-based business with tremendous earnings potential. With the advancements in digital technology, the quality of surveillance systems has significantly improved while the cost of equipment has continuously decreased. With the availability of hi-speed ISPs and personal computers both at the home and office, it is now possible to monitor surveillance cameras from anywhere at anytime. The customer base is unlimited and includes; day care centers, schools, assisted living facilities, any retail business, apartment complexes, multi-unit fast food restaurants, hotels, private residences and much more. In addition to marketing digital surveillance systems (at highly competitive prices), our franchisees offer a very affordable Internet-based subscription service to access our surveillance systems via our host website, MonitorClosely.com. For example, a day care center can advertise, as an added service, viewing of their customers' children via the Internet so that a working mother can watch her baby sleeping, eating or playing. The day care center will then have a competitive advantage by featuring enhanced security with digital recording, better employee productivity, a strong deterrent for inappropriate behavior and, perhaps most appealing, an additional source of income with our company's Multi-user Pricing PlanSM. The three most exciting components of the MonitorClosely.com franchise are: Residual monthly income No inventory to maintain No employees to manage Get in the business - no excuses!