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Below is an in-depth analysis and side-by-side comparison of HR First Contact vs FranNet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $89,100 - $206,400 | $49,175 - $87,325 |
Franchise Fee | $35,000 | $15,000 - $35,000 |
Royalty Fee | 6% | 10% - 30% |
Advertising Fee | - | 1.5K/Qtr |
Year Founded | 2001 | 1987 |
Year Franchised | 2002 | 2006 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 5 days Classroom Training: 5 days |
Support | - | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations |
Marketing | - | Co-op Advertising National Media |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
NO LONGER FRANCHISING