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Updated RecentlyPostNet vs House of Colour Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of PostNet vs House of Colour including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $186,567 - $233,500 | $18,345 - $33,250 |
| Franchise Fee | $35,950 | $16,000 |
| Royalty Fee | 5% | 0 |
| Advertising Fee | 2% | - |
| Year Founded | 1985 | - |
| Year Franchised | 1993 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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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: 58 hours Classroom Training: 65 hours Additional Training: At store location 6-8 weeks after opening | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | We provide ongoing support both locally and from Head Office through formal ongoing training opportunities and informal mentoring. |
| 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 |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Company Overviews
About PostNet
PostNet offers a variety of franchise opportunities from owning and operating a single store to taking our brand into new markets across the globe.
Single Unit
PostNet's single unit license grants an individual or entity the right to own and operate an individual PostNet center in an approved business location.
Area Development
PostNet's area development license grants an individual or entity the right to own and operate multiple PostNet centers with exclusive development rights in a specific territory.
Area Franchising
PostNet's area franchise license grants an individual or entity the right to assist PostNet headquarters in developing a specific exclusive territory. This assistance includes providing hands-on support in recruiting new franchisees, securing new locations, coordinating the store development process and providing local training and pre-opening support to new franchisees.
Master Franchise
PostNet's master franchise license grants an entity the exclusive right to develop and franchise PostNet Centers in a particular country with the training, guidance, and support of PostNet World Headquarters.
International Single Unit, Area Development and Area Franchise Opportunities Whether you are interested in developing a single store, multiple stores, an entire territory or pioneering the PostNet brand in your country, we have the right opportunity for you.
Veteran Incentives 35% off franchise fee
#293 in Franchise 500 for 2020.
About House of Colour
Your Rewards - Image Consultant Training
Welcome to House of Colour now in our 26th Year.
Firstly may we emphasise the enormous potential for material and personal growth, in the exciting and expanding field of Colour Analysis and Image Consultancy.
The House of Colour Franchise is a "Business Format Franchise" which gives you the benefit of owning your own business under the "umbrella" of a major name. This enables you to start with all the know-how and expertise of the main company House of Colour and puts you more than one step ahead of anyone else. Please remember, we are looking for Consultants who want to be true Professionals. We are neither party-plan, multi-level nor are we an "anything goes" company.
The benefits of becoming an Image Consultant Franchisee with House of Colour include:
Flexible working hours to fit around your lifestyle and family - Whether you want a change of career, a full time opportunity that enables you to make a real difference to people's lives or a new part time challenge, the flexibility of a House of Colour Franchise offers you the opportunity to generate a healthy income. We offer you a low cost start-up programme which enables you to start in your home or take a small shop, work in a beauty salon/health club or in a large department store.
Financial Reward - House of Colour Consultants are trained to work smart and build a business that delivers considerable financial rewards. Clients follow a full programme of classes you are trained to offer and return again and again for a lifetime of our high quality products providing you with repeat business that builds value into your business should you wish to sell at some time in the future. There is also the opportunity to build your business by taking on others to sub contract to you as your consultancy grows. There are no ongoing royalties to pay!
Extensive training and on-going company support - We pride ourselves on giving the most comprehensive and substantial training on this subject, covering the history, background and theory on which the whole concept is based. Some questions to consider:
"Can you expect to make a serious and competent career change with less than two weeks training?"
"Would you choose to pay to have your colours done by someone who had only 3 or 4 days training?"
"Are you prepared to take responsibility for changing someone's life with less than the best training on offer?"
The Image Consultant training programme itself is the most comprehensive package available in the United Kingdom and to prove it House of Colour has achieved the coveted Investor in People award. We were accredited for the first time in 1996 and in order to keep the IIP status, we must undergo formal assessments on a regular basis. We are the only company in our industry to have achieved this award. It is recognised by all growing, progressive companies in the UK and gives us quite an edge in the corporate market.
There is a great deal more to becoming an effective and professional Image Consultant with a successful business than just being able to tell what "season" your clients are! House of Colour is committed to providing ongoing support.
Job Satisfaction - We take our clients on a wonderful journey to a destination where they will look their best every day. Their self esteem will escalate and the benefits, both internal and external, will last a lifetime. Facilitating this transformation is a deeply rewarding experience.
A protected exclusive area - You will have an exclusive area, which means House of Colour consultants can work as a team, we do not compete with each other- Result:- camaraderie and a protected investment.