My Destination vs IronDrive Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Destination vs IronDrive including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
My Destination Franchise
IronDrive Franchise
Investment $20,000 - $50,000$39,000
Franchise Fee N/A$20,000
Royalty Fee 500/month6%
Advertising Fee -2%
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
My Destination Franchise
IronDrive Franchise
Experience - * > Customer Oriented * > Positive Attitude * > Passion for Quality

Financing Options
 
My Destination Franchise
IronDrive Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
My Destination Franchise
IronDrive Franchise
Training -Franchisee attends new franchisee training program in Chandler, Az.
Support --
Marketing --
Operations --

Expansion Plans
 
My Destination Franchise
IronDrive Franchise
US Expansion --
Canada Expansion --
International Expansion Yes-

Company Overviews

About My Destination

At My Destination we pride ourselves on creating a franchise structure that is not only very supportive but also great fun to be a part of. In general we are in contact with our franchisees on a daily basis, helping each other to maximise the potential of each individual site as well as the mydestinationinfo.com network. We also see our franchise network as more of a partnership, each person bringing new things that all of us in the network can benefit from thanks to everyone's backgrounds and skills. By taking advantage of this we are able to continually improve and diversify the business in ways that an individual on their own could not do. My Destination is focused on providing websites that offer unrivalled levels of local information; everything a traveller could want to know and all in one place! Developed with the latest internet technologies to embrace the power of 'Social Media' and 'Visitor Interaction'...and combining these with online booking engines....each My Destination site brings the best of the internet to the destination. One of the most important factors that has lead to the overwhelming success of My Destination is the partnerships in each destination with local residents; individuals and organizations whom are passionate and enthusiastic about their destination and are well placed within the community to help promote all of the tourist companies in the destination to the thousands of potential tourists whom will use the site. If this sounds like an exciting opportunity to you then please contact us.

About IronDrive

Do you want to be excited about going into work each day - and not have to sit in front of a computer for eight hours at a time? Would you like to see your hard work impact your own bottom line instead of your employer's? Do you want to choose the people you work side-by-side with every day? Would you like to have the flexibility to set your own schedule and sleep in your own bed every night? Would you enjoy standing back at the end of the day and see the tangible fruits of your labors? Do you love doing what you think is right instead of what others are telling you to do? Can you imagine wearing shorts to work every day? Did you say "yes" to virtually every question? CONGRATULATIONS! You have passed our quiz. We're glad you've found us! An IronDrive franchise can help you achieve many of your personal goals. We give you the freedom to run your own business, but with a supportive community of people doing the same thing, a proven business model and a national brand. We often hear from candidates that they are attracted to IronDrive because they can be in business for themselves, but not by themselves.

IronDrive specializes in garage floor coverings and much more. IronDrive gives you the opportunity to install high-quality siding for residential garages and many commercial siding applications. Your product is easy to apply - a two-car garage can be fully coated in as little as six hours!

The market for this product is practically untapped. IronDrive reports that a high percentage of garage floors in the United States are bare concrete. More and more garages are becoming second "man cave” or simply lining so oil spills and dirt can be cleaned up quickly.

An investment for this relatively low cost franchise of $ 39,000 makes this a very attractive opportunity. This gives you the opportunity to be your own boss and run your own company. Very low inventory is also required. The company claims that it is a "turnkey” operation, but does not mention any means of developing an Internet presence. For a fraction of the franchise price, you can learn how to effectively market your IronDrive business on the Internet. You simply need some internet marketing, mentoring, and coaching and training to help you jump-start your new business. You are obviously reading this on the internet, and as a business owner you must also learn how to market on the internet.