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Below is an in-depth analysis and side-by-side comparison of Cybertary vs My Destination including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $40,000 - $78,000 | $20,000 - $50,000 |
Franchise Fee | $37,500 - $60,000 | N/A |
Royalty Fee | 5%/ Min.$400+$100 Technology Fee/month | 500/month |
Advertising Fee | 1%/ Min.$20/Mo. | - |
Year Founded | 2005 | - |
Year Franchised | 2006 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | An extensive 4-binder Training & Operations set of manuals; 4 days of intensive training in the corporate headquarters | - |
Support | 90 days of weekly one-on-one coaching sessions to build your business; Unlimited and ongoing continuing education resource for expanding their technical skills and services through a self-paced, web-based training system. | - |
Marketing | Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage. | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | Yes |
Do you want to help small business owners reach their goals? Would you like to work independently but with the support of a skilled collaborative team? Do you enjoy diversity in your day-to-day work? Are you looking for a values-based business model that provides opportunity to achieve work/life balance? If so, Cybertary may be the perfect franchise for you. Cybertary owners consult with businesses to identify administrative challenges and can tap into a team of Cybertary virtual assistants (VAs) to help fulfill the client's needs. It's the perfect, flexible career for those with professional backgrounds in management, business development, financial services or sales and marketing. If you enjoy developing and shaping professional success, join the Cybertary team today. We can provide you the training and support you need to grow your own successful business while helping other businesses reach their full potential. Why Cybertary? * Onsite training, ongoing coaching and unlimited online continuing education * Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage * Personalized website and monthly branded newsletter * Exclusive marketing territory * Proprietary Intranet for easy access to secure workload management, messaging, shared calendar, contact management, document storage, discussion forums, and more * Nationwide network of skilled Cybertaries become franchisees extended team * Accounting system, sample business plan, marketing plan, and rate guidance to help set a firm foundation for success * Work From Home at a Professional Wage with a Flexible Schedule
At My Destination we pride ourselves on creating a franchise structure that is not only very supportive but also great fun to be a part of. In general we are in contact with our franchisees on a daily basis, helping each other to maximise the potential of each individual site as well as the mydestinationinfo.com network. We also see our franchise network as more of a partnership, each person bringing new things that all of us in the network can benefit from thanks to everyone's backgrounds and skills. By taking advantage of this we are able to continually improve and diversify the business in ways that an individual on their own could not do. My Destination is focused on providing websites that offer unrivalled levels of local information; everything a traveller could want to know and all in one place! Developed with the latest internet technologies to embrace the power of 'Social Media' and 'Visitor Interaction'...and combining these with online booking engines....each My Destination site brings the best of the internet to the destination. One of the most important factors that has lead to the overwhelming success of My Destination is the partnerships in each destination with local residents; individuals and organizations whom are passionate and enthusiastic about their destination and are well placed within the community to help promote all of the tourist companies in the destination to the thousands of potential tourists whom will use the site. If this sounds like an exciting opportunity to you then please contact us.