1.
What kind of qualifications do I or does my group need to
become a Sports and Activities Franchisee?
Outstanding
sales skills are a must. Entrepreneurial drive and determination
are also very important components in taking on this franchise.
Prior print publishing knowledge would be helpful, but isn’t
required. Beyond small, one-person franchises, a proven
ability to attract, retain and motivate others is critical.
Above all, franchisees must have a passion for the Sports
and Activities Directory philosophy, product, and brand.
2.
What initial investment is required and what is the term of
the franchise?
The
initial franchise fee ranges from $10K - $35K, depending on
franchisee aggressiveness and territory size. It gives
you the right to use the Sports and Activities Directory trademark,
templates and models to create a Sports and Activities Directory.
The franchisee fee covers the cost of your initial training,
territory approval, and the initial support you need to launch
your first Sports and Activities Directory. Franchisees
SHOULD have approximately two to three times the franchise
fee in additional working capital to invest in the launch
of your Sports and Activities Directory. The term of
the franchise is 5 years, with the option to renew for additional
terms.
3.
How much money can I expect to make?
Your
profitability will vary and will be a function of a number
of internal and external factors. Internal factors include:
your rate of advertising sales, your costs for generating
these sales, and your individual skills and drive as the local
publisher of The Sports and Activities Directory. External
factors include: the prevalence and ferocity of your
local competition, the prevailing advertising rates in your
territory and other individual territory characteristics.
4.
Do I need journalism or sports related experience to become
a Sports and Activities Directory Franchisee?
No.
However, our publication is a magazine and an almost 100%
focus on sports and activities in the respective city, cities,
or county. Not necessary, but it helps. A great portion
of the journalism can be written by your advertisers.
The number 1 skill that is needed is the ability to sell advertising
(or hire others who can). Being computer literate is
also a must.
5.
What staff do I need to hire?
A
Sports and Activities Directory can be small enough for one
person to operate. However, most franchisees will want
to hire a small staff of salaried or commission-only salespeople
to boost the number of people selling, as well as hire some
part-time people to help distribute newspapers each quarter.
6.
Will the Sports and Activities Directory help me find a territory?
Yes.
We will work with you to identify the boundaries of an exclusive
territory that is right for your business aspirations and
for the Sports and Activities Brand overall.
7.
Who determines what goes into my Sports and Activities Directory
and what it looks like?
You
do, but we have a specific Sports and Activities Directory
template and specific editorial and advertising standards
that all franchisees must adhere to. We have developed
and refined them over the years, in order to create a very
compelling product for readers and advertisers alike.
8.
What royalty does the Sports and Activities Directory Franchise
charge?
Our
monthly royalty is 7% of your gross sales. In addition
to the continuous support we provide to all franchisees on
all facets of their businesses, this royalty pays our costs
for creating and delivering fresh, interesting and informative
syndicated content for use by our franchisees Sports and Activities
Directory each quarter.
9.
Are multiple Sports and Activities Directory territories available?
Yes.
In fact, multi-unit operators are strongly encouraged.
Multi-unit operators may be able to increase each individual
units profitability, by taking advantage of economies of scale
by sharing services, employees and local content across contiguous
territories.
10.
Can I sell my franchise?
Yes.
You may sell your business, with our consent, as long as the
sale complies with the provisions of the Franchise Agreement.
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