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Below is an in-depth analysis and side-by-side comparison of The HomeMag vs HomeTownTimes.com including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $250,000 - $350,000 | $24,090 - $52,540 |
Franchise Fee | $30,000 - $100,000 | $20,000 - $50,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | - |
Year Founded | 2002 | - |
Year Franchised | 2006 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $5000 | - |
Business Experience Requirements |
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Experience | The Ideal Candidate Will Have * Strong Business and/or business-to-business sales experience * Desire and Talent to lead an Effective and Productive Team * Working and Applicable Knowledge of your Desired Market * A Full-time Commitment to your Success * The Commitment to follow our very Successful and Proven Systems | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | No publishing experience is required; we train your entire team at our Franchise Support Center and in your Protected Market. We even help you hire your personnel and find the right office space. | - |
Support | Vendors are in Place � your Printers are pre-negotiated with nationally managed pricing and Quality Control. The US Postal Service is ready with your National Account status and pre-arranged postal discounts. All other Vendors including Call-Tracking, CRM/SFA system, Residential List, and a few others are in place, pre-negotiated, and waiting for you. We're involved with you from day one throughout the life of your magazine. From the initial training to your first issue and throughout every magazine thereafter, we'll be involved along the way. Our industry leading support team works with you to ensure that every Ad is created to generate leads � every Issue. Our job is to Support your efforts, and that includes keeping you on task toward producing the biggest and best magazine possible month after month. We develop marketing collateral, your web presence, digital magazines, new-hire and personnel management techniques, and we also work and refine your mailing lists, your call-tracking system, and provide regularly scheduled email campaigns on your behalf � to name a few. | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
Your Online Community News, Advertising, and Business Resource HomeTownTimes.com is a national online news and community publications franchisor, operating more than 500 internet-based news sites across the United States.
National news sites, even the big city papers, don’t build community. HomeTownTimes.com is "hyperlocal,” meaning the site features news that is happening in your neighborhood, and local businesses have more direct access to their target audience.
At HomeTownTimes.com, we have already developed the technology and format that works. The low-cost, home-based business is a turn-key franchise operation. No prior newspaper or technical experience is required. We teach new franchisees all they need to know about operations, marketing and maintaining their local news and business information site.
Franchisees enjoy several avenues for income through various advertising and sponsorship opportunities. These may include but are not limited to display ads, classifieds, events, text links to ads, list rental, affiliate programs and more.