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Below is an in-depth analysis and side-by-side comparison of Recognition Express vs BtoB Connect including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $82,100 - $118,500 | $20,000 - $30,000 |
Franchise Fee | $29,500 | $20,000 |
Royalty Fee | 4-6% | $50 per chapter/per mo plus administration fee $150/mo |
Advertising Fee | - | - |
Year Founded | 1972 | 2005 |
Year Franchised | 1974 | 2008 |
Term Of Agreement | 10 years | 5 or 10 years |
Term Of Agreement | 10 years | 5 or 10 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 | No/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 | - | Online and by video conference. Launch of your local area by franchisor. |
Support | - | Centralized accounting/collection Centralized membership administration Member portal online Automated member communications/correspondence Online referral engine Member2Member benefits |
Marketing | - | Online website. Email mailings. Additional Services: Grand Opening, online website. |
Operations | - | Average Number of Employees: 1 Part-time. Passive Ownership: Allowed. |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Recognition Express is an award-winning B2B franchise which specializes in corporate branded merchandise.
Our franchisees build and maintain relationships through customer contact and communication so as to grow and develop the business. The franchise can be run from home to save on initial costs though most franchisees do in fact operate out of a small business unit. Franchise owners receive full training and on-going business support which allows them to create the work/life balance that suits them.