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Updated RecentlyMy Destination vs Mybestplanet Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Destination vs Mybestplanet including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $20,000 - $50,000 | $26,000 - $65,000 |
| Franchise Fee | N/A | $7,800 - $19,500 |
| Royalty Fee | 500/month | 0 |
| Advertising Fee | - | 0 |
| Year Founded | - | 2009 |
| Year Franchised | - | 2010 |
| 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/No |
| Inventory | -/- | No/No |
| Receivables | -/- | No/No |
| Payroll | -/- | No/No |
Training & Support |
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| Training | - | - |
| Support | - | Our initial support Upon a set delivery date we will create for you a fully working duplicate portal along with the backend and myfacility control systems (management area for the accommodation facilities which you can access using the same username and password for the backend) with which you will operate the portal and manage your business. We have structured a training program covering every aspect of the business, designed to fast track you through all the operating procedures. We will work with you to give you all the right input that will help you to implement the content sections, which will be preparatory for other steps, namely the sale of advertising space and especially the online accommodation facilities affiliation. Our Franchise Operations Manual explains all the portal sections and the way to work around them. Our help desk is always at your disposal for questions and suggestions. Our ongoing support We are constantly updating and expanding the portal with new tools and functionality, guaranteeing an up-to-date platform in this ever changing market. In addition to the above, our free ongoing support includes: � Design and Creation of all advertising materials on your portal. � Training, coaching and support from our dedicated team. � Helpline facility for advice on all technical aspects of the business. � Access to your backend to full control your platform. �Providing all the corporate identity materials (business cards, presentations, contracts, business commission form etc.). � Portal hosting and management, renewal of your Secure Server Locket using the best companies on the market (Verisign, GoDaddy, etc.). � Implementation of all new web applications and upgrades. � Commitment to constantly develop the brand awareness of Mybestplanet and its network. � Search Engine Optimization (SEO) & Internet Marketing |
| Marketing | - | Currently our advertising costs are entirely based on web promotion (PayClick, AdWords, listing, Impressions, etc...) that is the end-customers resource. |
| Operations | - | - |
Expansion Plans |
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| 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.