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Below is an in-depth analysis and side-by-side comparison of Signal 88 Security vs My-Alarm including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $59,200 - $223,150 | $50,000 |
Franchise Fee | $50,000 - $150,000 | N/A |
Royalty Fee | 4% | - |
Advertising Fee | 5% | - |
Year Founded | 2003 | - |
Year Franchised | 2008 | - |
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 | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | Yes/- | -/- |
Payroll | Yes/- | -/- |
Training & Support |
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Training | On-The-Job Training: 48 hours Classroom Training: 48 hours | �Complete comprehensive training & ongoing support. �Free "on-demand" sales and training webinars for you and your customers. |
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 | �Lifetime warranty on active systems and equipment. �Free unlimited technical support for you and your customers. �Free Dealer web page hosted on the My-Alarm website. �Billing and collections for your customers. |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | �Free unlimited Associate pages hosted for your marketing channels. �Free unlimited customized marketing materials on all products. |
Operations | - | MY-ALARM Bills Your Customer Monthly and Provides them with Lifetime Warranty and Technical Support. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Signal 88 Security Group was created to bridge the gap between the large inefficient security company and the small, local security shop. Signal 88 Security provides a superior security services offering through the utilization of the latest technology and a management process with inherent efficiencies and capabilities powered by this technology; none of it available to or used by the competition. This approach is unique in the industry and provides a competitive edge for the success of all Signal 88 Security Franchises.
The Signal 88 Security Franchise Group performs research and generates a marketplace packet identifying the factors in your city that determine the viability of a successful security operation in your area. We fully evaluate your market, as well as its need for security services; for example, the business market, the residential market, areas of affluence, national account appeal, and the government contract opportunities. When completed, the research fully provides an analysis of whether or not a Signal 88 Security Franchise would be successful in your area.
Once the market potential is identified in your area, profitability and growth are scrutinized, so you have a great idea of how much money you can make if the system of the Signal 88 Security Franchise Group is followed. Step-by-step instructions pertaining to marketing, sales and implementation processes are fully covered with you to ensure your success. Fill out the Request for Information form to begin the process of researching the market in your area and to determine if there is a match for doing business as Signal 88 Security. If there is mutual interest, you will be invited to a Discovery Day, so you can experience for yourself all aspects of a Signal 88 Security Franchise.
THIS IS NOT A FRANCHISE THIS IS A DEALERSHIP It's very easy to get on board as a MY-ALARM Dealer. If your specific market area is available, MY-ALARM has 3 basic requirements to start selling and earning. -Absolutely no pending, current or previous felonious convictions. -Complete the MY-ALARM required equipment training. (about 4 hours via on-line webinar) -Purchase , and activate service, at Dealer level pricing, at least three of our systems, any combination, (for training and demonstration). OPTION -A (select any combination of 3 systems) Simon XT Base System.. $378.00 My-See Video Camera...$194.00 GPS Tracking System....$189.00 Systems Activations....$75.00 Monthly Service $ 00.00* (Inclusive of) Training (for all 3 systems regardless of selection) Web Page & Set Up, Protected Market Territory, Lead Referrals. All Marketing Material & Support OPTION-B** We offer an equipment and service leasing option for less cash outlay. (this can be helpful with cash flow on new ventures). Our leasing option offers very lenient qualification guidelines. Terms are for 36 months and require $125.00 down and $125.00 per month. Dealer receives one each of all system types & 36 months of service is included. Using a Conservative Build-up of Adding One Additional Sale per Month for a 12 Month Period, Dealer's Monthly Profit Would Be In Excess of $1100.00 This does NOT include Payments made to Dealer (you)for Equipment sold.