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Below is an in-depth analysis and side-by-side comparison of Charter Financial vs Bloomin' Blinds including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $195 | $53,495 - $117,425 |
Franchise Fee | N/A | $40,000 |
Royalty Fee | - | 3%-6% |
Advertising Fee | - | 2% |
Year Founded | 1997 | 2001 |
Year Franchised | 1999 | 2014 |
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 | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Our training is a "packaged" offer that comes with: Excellent Home Study Manual - "Building Wealth Together" Online Training Materials Weekly Tele-Seminar Training Sessions | *2-3 weeks at the Carrollton, TX office *Detailed instruction on blind repair, sales, installation *Software and business development *Follow up at your location Classroom Training: 99 hours Additional Training: Via webinar, conference calls, tradeshows |
Support | Newsletter Meetings Advertising/Marketing Technical Support Online Support Phone Support | *Personal support thru phone, web, email, video chat and webinar *Onsite visits thru the first two years in business *Franchise web portal with training and resources *Management and leverage with vendors *Scheduling and CRM software *Monthly calls to recap the month and help where we can *Leadership: Who Am I Working With Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | - | *Access to all marketing materials *Website developed for your specific city, optimized for powerful search results *Evaluation of marketing programs you are considering *Graphics and art development Co-op Advertising Ad Templates Social media SEO Website development Email marketing |
Operations | - Business can be run from home. - Business can be run part-time. - Business can be added on to an existing business. | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
Looking for the perfect business to work during this bad economy? Our business is one of the few that is actually prospering during these bad economic times because we offer a very valuable financial service to our customers. If you have interest in helping people in need, while making a great income at the same time, then NOTE BROKERING would be great for you. Note Brokering is THE BEST business to work during a bad economy! Our company, Charter Financial, is a national purchaser of owner financed mortgages, land contracts, deeds of trust, structured court settlements, annuities, lottery winnings, business notes and WE NOW PURCHASE NON-PERFORMING BANK LOANS TOO. Here's how it works - There are literally millions of people around the country who are receiving payments from these types of notes. The only problem is that these people have to wait years and years to collect the money that is owed them. Most of them would prefer a lump sum of cash now for their "notes" but don't know who to sell them to, since banks can't help them. We help these individuals by providing them with a lump sum of cash now in exchange for the rights to receive their future payments. You can get in on the action by finding these note holders for us. We teach you how to locate them and all you do is bring the deals to us and YOU EARN HUGE REFERRAL FEES each time. Our business has never been better because there are so many people who are in need of cash and because of this, note holders are selling their notes at a record pace. Also, there are thousands and thousands of new owner financed real estate notes and land contracts being created everyday, because banks are still not lending. Add it all up and you can see that NOW IS THE TIME to work this great business. You can work this business from anywhere in the country with no territorial restrictions and you make your own schedule. You may work on a part-time basis in addition to your present job or you can work the business on a full-time basis. We train our own consultants so that you know exactly how to locate these note holders and you know exactly how to get the deals to us. Performance Bonus - $195 for your first deal, $250 for your second and $500 on your third. These bonuses are in addition to the fees you will be earning on each transaction. We do all the paperwork for you on your deals (at no cost to you) 30 Day Money Back Guarantee We are the industry leader and have been in business for over 15 years. We are an A-Rated BBB Company and we offer the best training and support in the industry. By working together, we can both profit. The fees that you earn from each deal range from a thousand dollars to $50,000+. The average fee is around $3,000 per transaction and the average amount of time spent on each deal is around 1 to 2 hours.
Bloomin' Blinds is a home based business that is built for on-site service and fully contained within the body of a work van. Offering window covering sales and service, Bloomin' Blinds is able to jump into any market and gain market share quickly.Bloomin' Blinds is unique to its competition in the fact that we offer blind repair, and sales. The focus on blind repair makes it easier for Bloomin' Blinds to collect customers, win bids and generate repeat appointments. Blind repair is easy to learn and most blinds are generic. Since blind repair parts are not available at traditional hardware stores, home owners are happy to pay Bloomin' Blinds to fix a blind rather than buy a new one. Blind repair is easily the most profitable aspect of the Bloomin' Blinds model, profit margins are honestly in the 1000's.Bloomin' Blinds sells blinds too. We have found that clients are drawn to a company that can offer sales and repair. We continually hear that a homeowner would prefer an "all in one" company in the event something did happen and repairs were required. Bloomin' Blinds is able to win bids with an 83% closure rate. We have wholesale deals in place so that our franchisees will purchase their goods at prices reserved for only the largest of companies, from day one.
A well-run Bloomin' Blinds location will grow with a "snowball" effect. Most franchise owners will likely need a staff of 1-3 within five years. We are seeking charismatic franchise owners across the country who have a love of people and an eye for detail. With these simple traits, you can make a lot of money as a Bloomin' Blinds franchise owner.