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Below is an in-depth analysis and side-by-side comparison of Talking Book World 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 | $150,000 - $225,000 | $82,500 - $148,500 |
Franchise Fee | $25,000 | $50,000 |
Royalty Fee | 5% | 3K/mo |
Advertising Fee | 2% | $250/mo. |
Year Founded | 1993 | 2001 |
Year Franchised | 1995 | 2012 |
Term Of Agreement | 15 years +5 | - |
Term Of Agreement | 15 years +5 | - |
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 |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/No |
Receivables | -/- | -/Yes |
Payroll | -/- | -/No |
Training & Support |
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Training | Franchisee's Store 2 Weeks | On-The-Job Training: 80 hours Classroom Training: 35 hours |
Support | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | 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 | Average Number of Employees: 1 Full-time, 2 Part-time Passive Ownership: Allowed, But Discouraged | Number of Employees Required to Run: 2 - 3 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
TALKING BOOK WORLD is the world's largest retail chain of audiobook stores, with the widest selection of audiobooks to rent or buy anywhere. Pioneers of the concept of renting audiobooks, TBW makes audiobooks accessible and affordable - with innovative programs that give unlimited use of our library and with no due dates.