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Below is an in-depth analysis and side-by-side comparison of SNAP Newspaper Group vs N2 Publishing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $69,500 - $89,500 | $975 - $9,800 |
Franchise Fee | $29,500 - $49,500 | $570 |
Royalty Fee | - | 15% |
Advertising Fee | - | - |
Year Founded | - | 2004 |
Year Franchised | - | 2016 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Applicants must demonstrate a strong desire to own and operate their own successful business. SNAP looks for high potential franchise owners who are committed to the business and to making it a success, as well as those with the experience or confidence to relate well to community members and advertisers within. The need for hard work in the operation of a profitable franchise cannot be over-emphasized. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | New Franchisees receive training for themselves and their key people for two (2) full Weeks including both practical and on-the-job instruction. Training will be provided at a SNAP location for 5 days and an additional 5 days at the Franchisees office or territory. | Classroom Training: 16 hours |
Support | - | Newsletter Meetings/Conventions Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising ocial media |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Almost everyone is aware of the tremendous boom in franchising that has occurred in the world during the last twenty years. But, why has it been so successful, and how does it work? Most understand it as a means for independent entrepreneurs to go into business for themselves in order to distribute various goods or services. There is no definition that holds true in all cases. However, in general terms, franchising is a method of distribution or marketing in which a company (the "Franchisor") grants by contract to an individual, or other company (the "Franchisee") the right to carry on a business in a prescribed way, in a particular location or area, for a specified period. The Franchisee is licensed to sell a product or service to the public. In return, the Franchisor receives a royalty for support and expertise given under a common name. The strong and growing popularity of franchising around the world has resulted from the built-in advantages that franchises enjoy over the newly started independent business. Some of these advantages are: * A recognizable brand name * Professional assistance in demographic studies and market analysis, financial planning, employee training, start-up and ongoing support * Head office support and assistance in such areas as marketing and sales, research, accounting systems, etc. * Full publication design and output Indeed, statistics show that while an independently owned and operated business stands a seventy to eighty percent chance of failure in the first two years, a newly opened franchise business has over an eighty percent chance of success during the same period. You owe it to yourself to thoroughly investigate any business opportunity that comes along. We will be more than happy to spend whatever time is required to review all the facts regarding franchising in general and a SNAP Franchise opportunity in particular.
N2 Publishing’s story began when two friends acknowledged they wanted more from life. More time to spend with their young, growing families. More financial freedom and control. More of their personal beliefs and values reflected in a brand. More opportunities and rewards for hard-working team members.
We create customized, high-quality publications for members of exclusive communities so that, through resident-submitted stories and photos shared within, they can learn about their neighbors. The result: highly-anticipated monthly publications that echo the distinct voice of the neighborhood and reflect the community itself.
Why Print?
N2 Publishing’s consistent growth rate has landed us on the Inc. 5000 for seven consecutive years. But despite our progress, the digital era still has people wondering why N2 Publishing chooses to build our business in a traditional industry. So, here’s the easy answer: Print works for us. And, more importantly, it works for our partners and it’s what our residents want.
The feel. The smell. The look. The sound. Print engages the senses in a way digital never will. It offers the eyes a much-needed screen break. It’s a simple tool… no threat of viruses and no dependency on wifi to be kept up to date on local stories. For our advertisers, print’s audience is controlled, intentional, and specific in a way that other advertising opportunities can’t be. And printed products are lasting, which means N2 Publishing remains on the coffee tables of residents for as long as they like.
Want more out of your work life? At N2 Publishing, we're as much about getting the job done as we are about making time to spend with loved ones and following the passions outside of work. If this sounds like the "more" you're missing, we'd love to meet you.