SMS Masterminds vs CoHatch Franchise Comparison

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

Start-Up Costs and Fees
 
SMS Masterminds Franchise
CoHatch Franchise
Investment $24,000$138,850 - $916,500
Franchise Fee N/A$39,000
Royalty Fee --
Advertising Fee --
Year Founded -2017
Year Franchised -2017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
SMS Masterminds Franchise
CoHatch Franchise
Experience

You don't need to be a marketing or mobile technology expert to be a successful mastermind! You will become an expert with our "Masterminds University" training program and 24/7 support by our friendly and professionally-trained staff, who can answer any questions or concerns you have quickly and effectively.

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Financing Options
 
SMS Masterminds Franchise
CoHatch Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
SMS Masterminds Franchise
CoHatch Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
SMS Masterminds Franchise
CoHatch Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About SMS Masterminds

THIS IS A BUSINESS OPPORTUNITY THIS IS NOT A FRANCHISE SMS Masterminds brings the power of Mobile Marketing to small and big business alike! We'll help you build your own customer list and market to them in the most effective ways possible. With new advances in technology, Mobile Marketing is now easy and affordable for businesses of all sizes. No other form of advertising gets a greater return on investment than Mobile Marketing! Low overhead Virtually no inventory Work from home Recurring income No employees No retail location No set hours Always innovative and exciting SMS Masterminds network success: Over 75+ markets nationally Client grossing as much as $30K/month Over 1,250,000 subscribers as of November 2013 What you sell: A smart Loyalty Marketing Solution that works like a digital punch card. Consumers 'check in' using their mobile number, and earn points towards free products/services. The merchant will then send text messages out to those consumers with daily specials and offers to drive them back in. Response rates of 20 to 30 times better than traditional media are typical! For this, you charge a monthly fee for the service, the amount depending on the size of the account.

About CoHatch

"CoHatch

COhatch is a co-working, meeting, and lifestyle company with a mission to Strengthen Communities and Improve Lives. We are built around the way you live, rather than having to build your life around work. We're located in the very communities from which our members reside (and you can use them all!). Come to COhatch and discover your vocational purpose - where your personal happiness and your community's needs meet.

The total investment necessary to begin operation of a COhatch Franchised Business is $138,850 to $845,500. This includes $39,000 that must be paid to the franchisor and its affiliate(s).
The total investment necessary to begin operation of a COhatch Area Developer Franchise is $212,850 to $916,500. This includes between $35,000 and $110,000 that must be paid to the franchisor and its affiliates.