Discount Clothing Store Developers vs MODE Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Discount Clothing Store Developers vs MODE including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Discount Clothing Store Developers Franchise
MODE Franchise
Investment $66,900 - And Up $171,000 - And Up
Franchise Fee N/A $30,000
Royalty Fee - 6%
Advertising Fee - 1%
Year Founded - 2007
Year Franchised - 2011
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Discount Clothing Store Developers Franchise
MODE Franchise
Experience - -

Financing Options

 
Discount Clothing Store Developers Franchise
MODE Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Discount Clothing Store Developers Franchise
MODE Franchise
Training Training begins well before, and continues well after, the opening of the store. The storeowner will be assigned a trainer from our corporate offices. The training program includes a complete review of the comprehensive operations manual and other materials including: Store Build Out and Preparation Cash Management Hours of Operation Inventory Order and Control Merchandise Ordering Merchandising Store security Employee Handbook Customized training can be done telephonically or a combo of class room training at our corporate headquarters is available.

Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee.

Support - -
Marketing - -
Operations - -

Expansion Plans

 
Discount Clothing Store Developers Franchise
MODE Franchise
US Expansion Yes -
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Discount Clothing Store Developers Franchise
$66,900 - And Up
MODE Franchise
$171,000 - And Up
Franchise Fee
Discount Clothing Store Developers Franchise
N/A
MODE Franchise
$30,000
Royalty Fee
Discount Clothing Store Developers Franchise
-
MODE Franchise
6%
Advertising Fee
Discount Clothing Store Developers Franchise
-
MODE Franchise
1%
Year Founded
Discount Clothing Store Developers Franchise
-
MODE Franchise
2007
Year Franchised
Discount Clothing Store Developers Franchise
-
MODE Franchise
2011
Term Of Agreement
Discount Clothing Store Developers Franchise
-
MODE Franchise
-
Renewal Fee
Discount Clothing Store Developers Franchise
-
MODE Franchise
-


Business Experience Requirements

Experience
Discount Clothing Store Developers Franchise
-
MODE Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Discount Clothing Store Developers Franchise
-/-
MODE Franchise
-/-
Start-up Costs
Discount Clothing Store Developers Franchise
-/-
MODE Franchise
-/-
Equipment
Discount Clothing Store Developers Franchise
-/-
MODE Franchise
-/-
Inventory
Discount Clothing Store Developers Franchise
-/-
MODE Franchise
-/-
Receivables
Discount Clothing Store Developers Franchise
-/-
MODE Franchise
-/-
Payroll
Discount Clothing Store Developers Franchise
-/-
MODE Franchise
-/-

Training & Support

Training
Discount Clothing Store Developers Franchise
Training begins well before, and continues well after, the opening of the store. The storeowner will be assigned a trainer from our corporate offices. The training program includes a complete review of the comprehensive operations manual and other materials including: Store Build Out and Preparation Cash Management Hours of Operation Inventory Order and Control Merchandise Ordering Merchandising Store security Employee Handbook Customized training can be done telephonically or a combo of class room training at our corporate headquarters is available.
MODE Franchise

Our franchisees first take a three phase online course after which they spend one full week in Fargo at our Store Support Center and Flagship location. We send a team of 2 to every store for a full week before they open. Once open for six weeks, we offer a Phase VI one-on-one training program with our Founder and the franchisee.

Support
Discount Clothing Store Developers Franchise
-
MODE Franchise
-
Marketing
Discount Clothing Store Developers Franchise
-
MODE Franchise
-
Operations
Discount Clothing Store Developers Franchise
-
MODE Franchise
-

Expansion Plans

US Expansion
Discount Clothing Store Developers Franchise
Yes
MODE Franchise
-
Canada Expansion
Discount Clothing Store Developers Franchise
-
MODE Franchise
-
International Expansion
Discount Clothing Store Developers Franchise
-
MODE Franchise
-

Company Overviews

About Discount Clothing Store Developers

Discount Clothing Store Developers is a business opportunity, NOT A FRANCHISE! The owner and management staff of Discount Clothing Store Developers has owned and operated retail stores for many years, so we fully understand what is necessary for storeowners to be the most successful. Based on our knowledge and expertise, we will guide you in structuring your retail operation providing the basis of how to conduct business. Elements such as human resources finding and keeping productive trustworthy employees, to budgeting for financial stability and growth potential, and effective cost-minded marketing; these items are the foundation for any successful business. In addition, we know what merchandise to provide to the stores, how to merchandise it in a professional manner creating demand, and when to start the closeout process preparing for the next seasonal session. All of these elements provide for a proper inventory flow allowing for the greatest opportunity for profit and long term success. Merchandise pricing strategies is another key ingredient to success. History has shown us that with proper pricing schemes you create a desire for your customer to spend more than they anticipated by using "2 for" pricing, multi-unit discounting, and clearly showing your discounted pricing verses MSRP. After analysis of your market and rent structure, we will recommend the pricing formula to you with the greatest net revenue projection considering all relevant factors.

About MODE

MODE is a designer outlet in a boutique environment and Home of the $40 Designer Jean. We are a Fargo, ND based company and currently have 12 locations across the Midwest and SC. MODE is unique in that is take the outlet concept and merges it with a boutique environment to make it a special shopping experience, unlike any other.