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Below is an in-depth analysis and side-by-side comparison of Proforma vs Healthy Times Newspaper including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $44,030 - $59,695 | $18,500 - $29,100 |
Franchise Fee | $34,500 | $15,000 |
Royalty Fee | 5-8% | $500/ month |
Advertising Fee | 0.25% -1% | - |
Year Founded | 1978 | 2004 |
Year Franchised | 1986 | 2007 |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | $2000 |
Business Experience Requirements |
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Experience | Proforma is seeking individuals with good marketing, relationship building and sales skills. Industry knowledge or background is not necessary as product knowledge is taught during our training program. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | Yes/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Proforma Franchise Owners are provided with comprehensive training, proven marketing and sales techniques, and business development tools at Proforma's Success University, in an excellent week-long training program at the Worldwide Support Center in Cleveland, Ohio. Classroom Training: 25 hours Additional Training: At regional/annual convention | - |
Support | Ongoing Support Newsletter Meetings/Conventions Toll-Free Line Online Support Proprietary Software Franchisee Intranet Platform | Best Training and Support in the Industry, Be in Business for Yourself, Not by Yourself. You will have access to ongoing marketing and retail items available to operate your business. We want you to be successful, so we don't just get you started - you get continued support every step of the way! |
Marketing | - | - |
Operations | Number of Employees Required to Run: 1 | Number of employees needed to run franchised unit: 0
Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Founded in 2004 by Mike and Hope Bundrant, Healthy Times is a printed educational journal serving local communities in California, Florida and Hong Kong. Healthy Times also promotes health professionals online throughout the world.