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Updated RecentlyMonitorClosely.com vs Red Wheel Fundraising Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MonitorClosely.com vs Red Wheel Fundraising including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $45,000 - $60,000 | $38,000 - $86,000 |
| Franchise Fee | $20,000 | $20,000 |
| Royalty Fee | 8% | 8% |
| Advertising Fee | 2% | - |
| Year Founded | 2006 | 1982 |
| Year Franchised | 2006 | 1988 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | - | $2000 |
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 | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | * Available at headquarters: 30 hours+ * At franchisee's location: 8 hours+ * At existing franchisees' locations: 30 hours+ |
| Support | - | - |
| Marketing | - | - |
| Operations | - | * Franchise can be run from home * 30% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 3 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About MonitorClosely.com
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!
About Red Wheel Fundraising
Since 1982 Red Wheel has been in the business of manufacturing food for fundraising. Headquarters are in Council Bluffs, Iowa. Our business has grown steadily. Today Red Wheel is the industry’s largest manufacturer of the best variety of frozen food for fundraising.
- We use only fresh ingredients.
- We use recipes people love.
- We blast freeze our products to lock in freshness & flavor.
- We are USDA certified.
- We sell with a 100% Goodness Guarantee