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Updated RecentlyPanache Magazine vs Talking Book World Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Panache Magazine vs Talking Book World including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $268,400 | $150,000 - $225,000 |
| Franchise Fee | $150,000 | $25,000 |
| Royalty Fee | 0 | 5% |
| Advertising Fee | - | 2% |
| Year Founded | 2003 | 1993 |
| Year Franchised | 2004 | 1995 |
| Term Of Agreement | 7 years | 15 years +5 |
| Term Of Agreement | 7 years | 15 years +5 |
| Renewal Fee | 25% of then current fran. 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/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 | - | Franchisee's Store 2 Weeks |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | - | - |
| Operations |
Franchise can be run from home.
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Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 1 Full-time, 2 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
Company Overviews
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.
About Talking Book World
TALKING BOOK WORLD is the world's largest retail chain of audiobook stores, with the widest selection of audiobooks to rent or buy anywhere. Pioneers of the concept of renting audiobooks, TBW makes audiobooks accessible and affordable - with innovative programs that give unlimited use of our library and with no due dates.