|
Below is an in-depth analysis and side-by-side comparison of PostNet vs EliteProNet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $186,567 - $233,500 | $35,000 - And Up |
Franchise Fee | $35,950 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | 2% | - |
Year Founded | 1985 | - |
Year Franchised | 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. | EliteProNet franchisees must have an entrepreneurial spirit, a drive for success and because our business is founded upon relationship building, the ideal candidate also excels in customer relationships. Furthermore, our franchisees have strong business skills, moderate technology capabilities, and a good sales and customer service background. |
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 | On-The-Job Training: 58 hours Classroom Training: 65 hours Additional Training: At store location 6-8 weeks after opening | The 2-week intensive training will be conducted at the Elite corporate offices and continue virtually for the next 10 weeks while the franchisee begins operations in their own regional office. This includes *Understanding EliteProNet's service *Using EliteProNet's technology *Developing your Strategic Plan *Managing your office & employees *Managing your customers and prospects *Hands on classroom training *The Account Manager/Sales role *The Project Coordinator/Service role |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | *2 WEEK INTENSIVE CLASSROOM TRAINING *ONSITE GRAND OPENING DEVELOPMENT *ONGOING TECHNOLOGY SUPPORT *FULL PAYMENT PROCESSING SUPPORT *MARKETING & ADVERTISING SUPPORT *TURNKEY SYSTEM *BEGIN OPERATIONS IN LESS THAN 60 DAYS *NO YEARLY ROYALTY FEES *EXCLUSIVE TERRITORY RIGHTS |
Marketing | 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 | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
The EliteProNet Opportunity SIMPLIFYING THE CONSTRUCTION BIDDING PROCESS FOR SUBCONTRACTORS & GENERAL CONTRACTORS EliteProNet is a nationwide network of highly qualified subcontractors. Our objective is to find qualified commercial construction projects for small to medium sized subcontractors. We continuously develop relationships with general contractors who use our network of qualified subcontractors to complete their projects. As a franchisee, you will develop an exclusive territory of both subcontractors and general contractors. You will deliver qualified project opportunities from your general contractors to your subcontractors who pay an average monthly fee of $150.00 to $200.00 to be part of the network. Although $200 sounds inexpensive, the volume of customers in your network is what creates a very large RESIDUAL monthly revenue stream. With a network of just 500 subcontractors, your monthly residual revenue stream would average $100,000! Each region consists of 3 territories with an average potential base of 1,000 customers. Most importantly, once you have enrolled and retained a new customer, that one customer will generate thousands of dollars in recurring revenue. The EliteProNet Difference ELITEPRONET HELPS HUNDREDS OF SUBCONTRACTORS GET AWARDED CONTRACTS Construction industry and trends The construction business has changed. General Contractors, like many other businesses, are increasingly using digital communication as the basis for conducting their work. They use email and digital plan rooms instead of the traditional hand shake and a tube of printed plans to hire their subcontractors. EliteProNet has adapted to these trends and offers an easy online application our subcontractors use to connect with thousands of local General Contractors who have projects up for bid. Not only do they have access to multiple projects at their fingertips, but they also have the capabilities of their local Project Coordinator who will help them get awarded the job. EliteProNet is the first company to personally represent subcontractors and bring their experience, work and bids to the attention of General Contractors around the nation. We provide jobs. Not Leads.