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Below is an in-depth analysis and side-by-side comparison of HomeTownTimes.com vs The School Communications Agency including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $24,090 - $52,540 | $39,700 - $59,900 |
Franchise Fee | $20,000 - $50,000 | $30,000 - $40,000 |
Royalty Fee | 5% | 12% |
Advertising Fee | - | - |
Year Founded | - | 2011 |
Year Franchised | - | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Ad/Sales Experience |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | Yes/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | 16-20 hours of Classroom Training, 16 -24 hours of On Site Training. |
Support | - | Field Support and ongoing remote support is provided along with many resources and tools. |
Marketing | - | - |
Operations | - | The franchise offered is a home based owner-operator model. The content for the newsletter is provided by the school or the Franchisors Library of Content and is placed into the newsletter by Franchisor. The franchisee sells advertising space in the newsletter, manages the school and business relationships and shares a portion of the revenue with the schools. |
Expansion Plans |
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US Expansion | - | Yes |
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.