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Below is an in-depth analysis and side-by-side comparison of The Utility Company 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 | $36,715 - $62,785 | $20,000 - $30,000 |
Franchise Fee | N/A | $20,000 |
Royalty Fee | - | $50 per chapter/per mo plus administration fee $150/mo |
Advertising Fee | - | - |
Year Founded | 2006 | 2005 |
Year Franchised | 2006 | 2008 |
Term Of Agreement | - | 5 or 10 years |
Term Of Agreement | - | 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | - | - |
International Expansion | - | - |