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Updated RecentlyPanache Magazine vs HomeTownTimes.com Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Panache Magazine vs HomeTownTimes.com 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 | $24,090 - $52,540 |
| Franchise Fee | $150,000 | $20,000 - $50,000 |
| Royalty Fee | 0 | 5% |
| Advertising Fee | - | - |
| Year Founded | 2003 | - |
| Year Franchised | 2004 | - |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| 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 | - | - |
| Support | Newsletter, Meetings, Internet, Field operations/evaluations | - |
| Marketing | - | - |
| Operations |
Franchise can be run from home.
- 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| 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 HomeTownTimes.com
Your Online Community News, Advertising, and Business Resource HomeTownTimes.com is a national online news and community publications franchisor, operating more than 500 internet-based news sites across the United States.
National news sites, even the big city papers, don’t build community. HomeTownTimes.com is "hyperlocal,” meaning the site features news that is happening in your neighborhood, and local businesses have more direct access to their target audience.
At HomeTownTimes.com, we have already developed the technology and format that works. The low-cost, home-based business is a turn-key franchise operation. No prior newspaper or technical experience is required. We teach new franchisees all they need to know about operations, marketing and maintaining their local news and business information site.
Franchisees enjoy several avenues for income through various advertising and sponsorship opportunities. These may include but are not limited to display ads, classifieds, events, text links to ads, list rental, affiliate programs and more.