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Below is an in-depth analysis and side-by-side comparison of Coffee News vs The School Communications Agency including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $9,250 - $10,250 | $39,700 - $59,900 |
Franchise Fee | $6,000 | $30,000 - $40,000 |
Royalty Fee | $25-80/wk. | 12% |
Advertising Fee | - | - |
Year Founded | 1988 | 2011 |
Year Franchised | 1994 | 2013 |
Term Of Agreement | 4 years | - |
Term Of Agreement | 4 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Previous sales experience preferred. | Ad/Sales Experience |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | 3 day training program at Head Office, called Coffee News College. Mentor program, Annual Regional Roundtables, Biennial International Conferences, ongoing support via internet. | 16-20 hours of Classroom Training, 16 -24 hours of On Site Training. |
Support | Newsletter, Meetings, Internet, Purchasing cooperatives | Field Support and ongoing remote support is provided along with many resources and tools. |
Marketing | Ad slicks | - |
Operations | Can be run from home office, can be owner-operated and absentee ownership of franchise is allowed. Agreements are in 4 year terms. | The franchise offered is a home based owner-operator model. The content for the newsletter is provided by the school or the Franchisors Library of Content and is placed into the newsletter by Franchisor. The franchisee sells advertising space in the newsletter, manages the school and business relationships and shares a portion of the revenue with the schools. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | Yes | - |