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Below is an in-depth analysis and side-by-side comparison of MonitorClosely.com vs Signal 88 Security including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $45,000 - $60,000 | $59,200 - $223,150 |
Franchise Fee | $20,000 | $50,000 - $150,000 |
Royalty Fee | 8% | 4% |
Advertising Fee | 2% | 5% |
Year Founded | 2006 | 2003 |
Year Franchised | 2006 | 2008 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
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 | Yes/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | Yes/- |
Payroll | No/No | Yes/- |
Training & Support |
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Training | - | On-The-Job Training: 48 hours Classroom Training: 48 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
MonitorClosely.com is a home-based business with tremendous earnings potential. With the advancements in digital technology, the quality of surveillance systems has significantly improved while the cost of equipment has continuously decreased. With the availability of hi-speed ISPs and personal computers both at the home and office, it is now possible to monitor surveillance cameras from anywhere at anytime. The customer base is unlimited and includes; day care centers, schools, assisted living facilities, any retail business, apartment complexes, multi-unit fast food restaurants, hotels, private residences and much more. In addition to marketing digital surveillance systems (at highly competitive prices), our franchisees offer a very affordable Internet-based subscription service to access our surveillance systems via our host website, MonitorClosely.com. For example, a day care center can advertise, as an added service, viewing of their customers' children via the Internet so that a working mother can watch her baby sleeping, eating or playing. The day care center will then have a competitive advantage by featuring enhanced security with digital recording, better employee productivity, a strong deterrent for inappropriate behavior and, perhaps most appealing, an additional source of income with our company's Multi-user Pricing PlanSM. The three most exciting components of the MonitorClosely.com franchise are: Residual monthly income No inventory to maintain No employees to manage Get in the business - no excuses!
Signal 88 Security Group was created to bridge the gap between the large inefficient security company and the small, local security shop. Signal 88 Security provides a superior security services offering through the utilization of the latest technology and a management process with inherent efficiencies and capabilities powered by this technology; none of it available to or used by the competition. This approach is unique in the industry and provides a competitive edge for the success of all Signal 88 Security Franchises.
The Signal 88 Security Franchise Group performs research and generates a marketplace packet identifying the factors in your city that determine the viability of a successful security operation in your area. We fully evaluate your market, as well as its need for security services; for example, the business market, the residential market, areas of affluence, national account appeal, and the government contract opportunities. When completed, the research fully provides an analysis of whether or not a Signal 88 Security Franchise would be successful in your area.
Once the market potential is identified in your area, profitability and growth are scrutinized, so you have a great idea of how much money you can make if the system of the Signal 88 Security Franchise Group is followed. Step-by-step instructions pertaining to marketing, sales and implementation processes are fully covered with you to ensure your success. Fill out the Request for Information form to begin the process of researching the market in your area and to determine if there is a match for doing business as Signal 88 Security. If there is mutual interest, you will be invited to a Discovery Day, so you can experience for yourself all aspects of a Signal 88 Security Franchise.