| ||||
Updated RecentlyBingo Bugle Newspaper vs Panache Magazine Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bingo Bugle Newspaper vs Panache Magazine including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $9,070 - $15,020 | $268,400 |
| Franchise Fee | $5,000 | $150,000 |
| Royalty Fee | 8% | 0 |
| Advertising Fee | - | - |
| Year Founded | 1981 | 2003 |
| Year Franchised | 1983 | 2004 |
| Term Of Agreement | 5 years | 7 years |
| Term Of Agreement | 5 years | 7 years |
| Renewal Fee | - | 25% of then current fran. fee |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | Yes/Yes |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | Training w/regional manager or headquarter office | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet | Newsletter, Meetings, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks | - |
| Operations |
Franchise can be run from home. 16% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Franchise can be run from home.
- 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Bingo Bugle Newspaper
Robert Snowden started Bingo Bugle in 1980 to serve the needs of charitable bingo organizations, Native American bingo and other gaming establishments. The first newspaper was published in 1980, serving the Tacoma, Washington, area. Each newspaper contains news and feature stories about bingo and related topics, as well as ads for games. Bingo Bugle newspapers are read throughout North America. By 2000, the paper's circulation had surpassed 1 million.
About Panache Magazine
The entrepreneurial culture at Panache Partners creates unique career opportunities in publishing for those special individuals who thrive in an environment where sophistication, style, ingenuity and a fast pace are the norm.
At Panache Partners, a career means wearing the hat of a publisher and taking ownership for creating elegant coffee table books that surpass the expectations for the people we serve: our clients and, of course, our discerning readers.
Careers at Panache are, in a word, panache!
If you are one of those special individuals, we invite you to contact us.