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Below is an in-depth analysis and side-by-side comparison of My City Daily vs Money Pages including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $74,200 | $82,500 - $148,500 |
Franchise Fee | $22,900 | $50,000 |
Royalty Fee | 0 | 3K/mo |
Advertising Fee | - | $250/mo. |
Year Founded | 2006 | 2001 |
Year Franchised | 2006 | 2012 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 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 | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/No |
Receivables | No/No | -/Yes |
Payroll | No/No | -/No |
Training & Support |
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Training | * Available at headquarters: 4 days * At franchisee's location: 3 days | On-The-Job Training: 80 hours Classroom Training: 35 hours |
Support | - | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | * Franchise can be run from home * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 1 - 1 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 2 - 3 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
mycitydaily.biz seems to be offline.