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Below is an in-depth analysis and side-by-side comparison of TeamLogic IT vs Tech Hero including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $106,375 - $146,300 | $32,300 - $69,400 |
Franchise Fee | $45,000 | $20,000 |
Royalty Fee | 7% | - |
Advertising Fee | 1.2% | - |
Year Founded | 2004 | - |
Year Franchised | 2005 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2K | - |
Business Experience Requirements |
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Experience | The running of a Tech Hero business involves many more factors than simply servicing computers. Accounting, payroll, tax filings, hiring and advertising are some of the added responsibilities. Learning the service end of this business is often easier than learning the administrative end. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 6 hours Classroom Training: 38 hours | Though tuition is included in the Franchise Fee, travel and living expenses will be charged to the Franchisee. The 5-day Microsoft Certified Systems Administrator course is offered in 230 locations. Travel and living expenses will also be charged to the Franchisee for the 4-day hands-on management training which is conducted in Orlando, Florida. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media Social media SEO Website development Email marketing | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 5
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
TeamLogic IT understands that your success is our success. We make certain you are trained and prepared to confidently open your business. Then we continue to provide all the service and consultation, both business and technical, that will help your business grow.
With TeamLogic IT you are never on your own. We are committed to your support, and your success, every step of the way.
Step up to the future you want.
Opportunities that fit your business skills and personal goals are not always readily available. The distinctive advantage of TeamLogic IT - the strength of a national brand, a cutting-edge technological advantage, the support of an experienced organization - provide an excellent vehicle to achieve the dream of business ownership.
Success is now within reach.
Find out if owning a TeamLogic IT is the right path for you.
� Specialized IT Enterprise Software � Strong e-Business Infrastructure � Integrated Marketing � Automated Part Procurement � Automated Client Billing Marketing Materials Access to a wide range of advertising materials Automated Direct Mail Advertising made effortless with the Tech Hero reminder system Parts Management The best parts at the best prices National Recognition Tech Hero is rapidly becoming a nationally recognized brand Enterprise IT Software State of the art management software Solid Business Support Tap into our strong network of experienced professionals