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Updated RecentlyMonitorClosely.com vs SightMind Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of MonitorClosely.com vs SightMind 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 | $210,395 - $374,800 |
| Franchise Fee | $20,000 | $60,000 |
| Royalty Fee | 8% | 8% |
| Advertising Fee | 2% | - |
| Year Founded | 2006 | - |
| Year Franchised | 2006 | - |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | SightMind provides two solid weeks of training for you and all your key employees. We have different tracks for technology people and sales people. During training, you will take regular tests. At the conclusion of training, you and your employees are issued meaningful certificates that provide you with a competitive edge. |
| Support | - | SightMind provides our franchisees with exceptional support in both sales and technology. We provide comprehensive training, approved equipment, extensive tools, regular emails forboth you and your customers, powerful marketing material, a customized web site, and unlimited, personal support. |
| Marketing | - | - |
| Operations | - | - |
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 SightMind
"More Knowledge. More Security"
SightMind businesses design, sell, install and maintain digital video surveillance systems for medium-sized and large customers in education, local government, and industry. These systems help provide security for people and assets, lower operating costs, improve customer service, and lower employee turnover. SightMind offers you the chance to operate a business that sells, configures, installs and maintains digital video surveillance and related security systems that monitor, record and analyze activity in customers' facilities and public areas. You, the franchisee, perform all of the "customer facing" activities, such as site surveys and installation. We, the franchisor, perform all of the activities that can be centralized for efficiency, such as R&D, training, equipment approval, web site maintenance, tool creation and updates, software, tech support, marketing, branding, and national lead generation. This structural organization is fundamental to the efficiency and success of all franchising, and is a reason that franchising in the US today holds 41% (and growing) of all retail purchases. This distributed responsibility is outstandingly well suited to IPVS systems, where network monitoring, updates, re-configuration, and troubleshooting can usually be done remotely.