Business Partner
Business Marketing Coaching is Booming. We are experiencing the most dramatic economic change in 100 years! This transition is not a phase or trend but a new way of life. Nowhere is the change more dramatic than in business, and nothing has more impact on the success of a business than effective marketing and sales. Without a strong marketing and sales system, most businesses are destined to fail. BP Marketing Coaches simplify the life of busy business professionals by saving them time and money with a one source resource that satisfies all their marketing needs. Working side-by-side with business owners using Rapid Impact Strategies, BP franchisees help exponentially increase effectiveness of their marketing campaigns.
In any business there are only two departments that create revenue, MARKETING and SALES. As a BP Marketing Coach we help business owners identify the dangers they face though our unique strategic planning process and then, through weekly coaching sessions, guide them to achieve the results they’re looking for in their business.
In addition to Coaching revenue, our franchisees also enjoy a number of other revenue streams, including: Promotional Products & Awards – Invitations, Cards & More – Corporate Apparel & Accessories – Trade Show Displays & Graphics – Signs & Banners – Printing – Digital Media.
| |
Operating Units |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
18 |
23 |
17 |
| | % Change | -- |
27.8% |
-26.1% |
| | Company-Owned | 0 | 0 | 0 |
| | % Change | -- |
-- |
-- |
| | Total |
18 |
23 |
17 |
| | % Change | -- |
27.8% |
-26.1% |
| | Franchised as % of Total | 100.0% | 100.0% | 100.0% |
Investment Required
The Franchise Fee for a Business Partner Marketing Coach® franchise is $45,000. Additionally, Business Partner has an Area Development program availble for franchisees.
Business Partner Marketing Coach® provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item | Established Low Range | Established High Range |
| |
Initial Franchise Fee | $45,000 |
$45,000 |
| |
Tuition |
$10,000* |
$10,000* |
| |
Conference Room Usage (6 months) |
$1,200 |
$4,800 |
| |
Travel & Living Expenses |
$1,500* |
$2,500* |
| |
Annual Insurance Premium |
$350 |
$750 |
| |
Equipment |
$150 |
$3,000 |
| |
Marketing Aids |
$1,000 |
$2,000 |
| |
Additional Funds (6 Months) |
$8,000 |
$9,000 |
| |
Total Intial Investment |
$67,200 |
$77,050 |
*Expense per person.
Ongoing Expenses
Business Partner Marketing Coach® franchisees pay a monthly royalty fee ranging from 5% to 15% of gross revenues depending on amount of annual gross revenue. Other fees include an $85 per month Technology Fee and a mandatory annual conference attendance fee of $450 plus expenses.
What You Get—Training and Support
At Business Partner Marketing Coach®, training is not a single event, but a dynamic, ongoing educational process. Our Continuing Professional Education includes: a Business Launch Curriculum that starts within 48 hours of joining our team. We leverage technology to bring continuing education and resources to our team 24/7. You’ll be guided by a mentor through our virtual curriculum which prepares you for an on-site event at our Performance Enhancement Center.
Territory
Business Partner Marketing Coach® grants a saturation maximum —BP will not place more than one single unit per 1,000 pay rolled businesses in a given state or group of states. The rights granted within the territory are non exclusive.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2012 FDD. The 2012 write-ups will be incorporated into the 2013 Edition of Bond’s Hottest New Franchises publication.
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