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Below is an in-depth analysis and side-by-side comparison of MonitorClosely.com vs Growing Roots 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 | $25,100 - $45,100 |
Franchise Fee | $20,000 | $15,000 |
Royalty Fee | 8% | 4% |
Advertising Fee | 2% | 1% |
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 | - | An extensive initial 5 day training at Headquarters and off-site. Before the initial training in Long Beach, CA, you will be sent a package with pre-training materials including manuals, DVD's and books to review in order to get you familiar with interior plantscaping. Training will consist of but not limited to, study materials on plant identification and proper care, hands-on lessons, nursery tours, business training and review of the expansive Operations Manual. |
Support | - | Access to on-going support for all of your questions and concerns via phone and e-mail. Franchisee's will also have the opportunity to attend franchisee meetings and training sessions in order to share ideas and thoughts that will strengthen the franchise system as a whole. We will also set-up franchisee meetings at Industry seminars and trade shows so we can take advantage of the time to learn and grow. |
Marketing | - | During the initial 5-day training we will cover marketing and advertising techniques as well as going over the marketing materials we utilize. You will be provided with some of the select marketing materials during training and the information for preferred printing vendors. As part of advertising, we will provide assistance in creating the proper signage for your specific vehicle with the Growing Roots logo using our preferred vendor or an approved local vendor. |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | 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!