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Below is an in-depth analysis and side-by-side comparison of MonitorClosely.com vs Security 101 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 | $130,100 - $235,000 |
Franchise Fee | $20,000 | $59,500 |
Royalty Fee | 8% | 6%-4% |
Advertising Fee | 2% | 0.5% |
Year Founded | 2006 | 2003 |
Year Franchised | 2006 | 2007 |
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 | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 80 hours Classroom Training: 40 hours |
Support | - | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | - | Co-op Advertising Ad Templates Social media SEO Website development Email marketing |
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!
As an industry professional specializing in sales, operations, or technical, you can count on Security 101® to provide you with the framework to operate your own integration company. You’ve made security your work. Now make it your business.
You bring the passion and we'll supply the training and support you need to
build a Security 101® franchise in your locale. In fact, you’ll
discover that many of our franchisees come from outside of the security
industry. Will you be the next?