Initial Investment Requirements | Networking Business
The following costs are excerpted from Network In Action’s Franchise Disclosure Document (FDD) and are estimated. Each Network In Action franchisee has the right to initially develop one group for the franchise fee of $40,000. The difference between low and high investment levels exists depending on your desire to operate two business networking groups in your agreement or one as well as your experience and management of the group.
The financial requirement to operate A Network In Action franchise in the United States:
- Investment Range: $43,6100 to $57,500 (includes 30k or 40k franchise fee)
- Royalty Fee: 9% of gross sales ($400.00 minimum per month after 12 months)
- National Marketing Fee: Currently 0% of monthly gross sales
|
Initial Franchise Fee |
$40,000 |
$50,000 |
| Business Licenses & Permits | $10 | $50 |
|
Computer and Related Technology |
$1,000 |
$1,500 |
|
Other Professional Fees |
$1,000 |
$2,000 |
|
Insurance Deposit |
$300 |
$450 |
|
Initial Inventory of Equipment, Supplies and Marketing Materials |
$300 |
$500 |
|
Training Expenses |
$1,000 |
$2,000 |
|
Additional Funds |
$0 |
$1,000 |
|
Total Estimated Fee |
$43,610 |
$57,500 |
Note:
The above costs are estimates only and will vary by location. Additional development costs may be incurred if you are engaged in developing multiple locations at the same time. Please refer to the Network In Action FDD for additional information.
