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Below is an in-depth analysis and side-by-side comparison of MyLoopCard vs Great American Deals including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $31,000 - $42,000 | N/A |
Franchise Fee | $29,500 | N/A |
Royalty Fee | $100-500/mo. | - |
Advertising Fee | - | - |
Year Founded | 2007 | - |
Year Franchised | 2009 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | ON-3 TRAINING - our training program is unmatched in golf marketing. It is comprised of 3 levels - on-line training in the initial stage, on-site training during the marketing phase, and on-going training during the development and growth stages of your business. | - |
Support | We instruct, guide, and show our franchise owners how to sell MLC advertising and provide a comprehensive sales manual to follow that includes all the templates and contracts franchisee's will need. MEDIA KITS / PRICING STRATEGIES - we have designed and developed over the years a detailed media and pricing guide to present to potential advertsiers and we consult with our franchise owners on pricing strategies. OWNER SUPPORT PROGRAMS - we have created a user-friendly, pass-word protected intranet site for owners to access key documents and critical business information, in addition to an 800# help line for franchisee support. | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
"We have built something special in the franchise community, something that allows entrepreneurs a way to build their own businesses while revitalizing business on Main Street America. Great American Deals is the future of the daily deal industry." " Pat Sajak, Partner and Brand Ambassador What makes Great American Deals different from other daily deal businesses? It’s local. Why is this difference such a big deal? It's simple. The future of the daily deal industry is local knowledge and community involvement.
And with Great American Deals Franchising, you can own your piece of this growing industry. The benefits to a local daily deal business are: *You build relationships with businesses in your community, making it easier to retain your clients and get repeat business *With deals focused on local businesses, more people will purchase your offers generating more revenue for both you and your merchants *As your business grows, so do your favorite local businesses. As you grow and succeed, so does your community *Promote "Buy Local" and keep money in the community *"Giving Back Program" raises money for local schools and charities