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Below is an in-depth analysis and side-by-side comparison of Magnetsigns Advertising vs US Recognition including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $24,000 - $80,000 | $139,500 - $235,500 |
Franchise Fee | $5,000 | $40,000 |
Royalty Fee | 10% | - |
Advertising Fee | - | - |
Year Founded | 1995 | - |
Year Franchised | 1996 | - |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | $3K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | Yes/No | -/- |
Inventory | Yes/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | 2 weeks @ corporate or other location |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | - |
Marketing | - | - |
Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
US Recognition is a one-stop, full service showroom for awards and recognition products. US Recognition is a combination of 4 businesses in 1; awards, embroidery, promotional products and printed apparel. US Recognition is now offering the opportunity for others to share in a growing industry with unlimited customer and product line possibilities. The US Recognition Awards and Embroidery organization offers the opportunity to implement consistent and proven operational systems thus minimizing costly errors while generating optimal results in business development. For the business owner, franchising has been proven to be the most successful method to build a small business with a 90% success rate. The US Recognition Awards & Embroidery business is designed for entrepreneurs who are dedicated and determined to succeed. Whether you are looking to start a new business or interested in expanding your current location, US Recognition's business concept incorporates site selection, facility development, inventory guidance, and operational instruction into your business vision.