|
Below is an in-depth analysis and side-by-side comparison of NTC vs PostNet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $30,000 - $150,000 | $186,567 - $233,500 |
Franchise Fee | N/A | $35,950 |
Royalty Fee | - | 5% |
Advertising Fee | - | 2% |
Year Founded | 1997 | 1985 |
Year Franchised | 0 | 1993 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | PostNet is a retail and service business, and as such we are looking for people with outgoing personalities that would do an excellent job of representing the brand and their business to the public. The most successful PostNet franchisees are civic-minded and outgoing people who gain fulfillment from working with small business owners, schools and others in their communities. On a financial level, a potential PostNet franchisee must have a net worth of at least $300,000.00 and be (or be able to become) liquid for a minimum of $55,000.00. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | NTC Exclusive Agents will complete our orientation training program. Training includes many internet-based, self-paced product and sales courses. In addition, NTC can provide on-location training and ongoing on-site support. | On-The-Job Training: 58 hours Classroom Training: 65 hours Additional Training: At store location 6-8 weeks after opening |
Support | You will receive access to NTC's operational and financial resources to help with day-to-day operations, as well as ongoing support from a NTC representative, guidance on all promotional materials, operational updates, and company newsletters. | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Advertising is done on a local, regional, and national level. With NTC at your side, you can conduct local advertising for your own territory. NTC offers pooled co-op advertising dollars, brand guidelines, and creative support to help you achieve a great local presence. | PostNet's marketing programs include- * Local programs, which the franchisees utilize to build and develop awareness and loyalty with current customer base. * Regional and cooperative advertising, where PostNet franchisees get together with other franchisees and leverage their strength in numbers. * National programs that are conducted by the PostNet National Ad Fund. PostNet is the only company in the industry that offers a first-year managed marketing program that includes both consumer advertising and business-to-business advertising to help develop an initial customer base and momentum for the growth of the business. Co-op Advertising Ad Templates Social media SEO Website development Email marketing |
Operations | - | PostNet only grants franchises to individuals that are planning on being involved initially as a full-time owner operator. Long term, full-time ownership and operation of the centers are not required; however, initially it is critical because PostNet is a neighborhood business and it is up to the individual store owner to become actively involved in the community to promote the services and products offered. With PostNet, every franchisee offers a core of proven and high-demand services and products through their PostNet Center. However, depending on the needs of the local market and the franchisee's own attributes, other complimentary services that are consistent with the other PostNet offerings may be approved by PostNet. Services, as bookkeeping, advanced computer and database services, and eBay selling services are just some examples of other services and products that PostNet franchisees offer to the public through their PostNet Centers. Initially an owner operator of a franchise will typically have one (1) to two (2) part-time or full-time staff members to help with the operation of the store. As the business grows, and you build a customer base, more employees and staff will be needed. Our highest volume locations have six (6) to seven (7) full-time staff members including the franchisee. |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | Yes |
THIS IS NOT A FRANCHISE THIS IS AN OPERATOR AGENT PROGRAM Become a NTC Exclusive Agent and enjoy the personal satisfaction and financial rewards that come from helping others achieve their goals. By utilizing the knowledge, the systems and the relationships that we've developed over 12 years, you can get started immediately. If you are accepted as a NTC Exclusive Agent, we will train, certify and support you for the life of your business. By working with us, your entrepreneurial dreams can become reality. NTC Exclusive Agents have tremendous income potential. Unlike many other businesses, there is no upward limitation on income. Overhead is very low. The business may be run from home or a small office, requiring only a phone, fax and computer. The NTC corporate business development team will not only stand by you every step of the way, but also guide you through a business and financial modeling process to ensure your success. You will be in business for yourself, but never by yourself! If you are looking for an opportunity with a dynamic company in a savvy, sophisticated industry, become an NTC Exclusive Agent. Become a leader.