Start-Up Costs and Fees |
||
| OpenWorks | BuildingStars | |
| Investment | 15000 - 150000 | 2245 - 53200 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5-10% | 10% |
| Advertising Fee | 20% | |
| Year Founded | 1983 | 1994 |
| Year Franchised | 1983 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| OpenWorks | BuildingStars | |
| Experience | General business experience | |
Financing Options |
||
| OpenWorks | BuildingStars | |
| Franchise Fees | Yes | No |
| Start-up Costs | Yes | No |
| Equipment | Yes | Yes |
| Inventory | Yes | No |
| Receivables | Yes | Yes |
| Payroll | No | No |
Training & Support |
||
| OpenWorks | BuildingStars | |
| Training | On-The-Job Training: 1-5 hours Classroom Training: 3-16 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | The team at your regional Buildingstars support center will provide an initial customer base, train you, handle billing and collection, find and manage additional accounts as you grow, provide marketing support and customer service support on your behalf. We take care of the hardest parts of growing your business so that you can stay focused on service. As you move through the stages of development, gaining expertise and accounts, the Rising Star™ Management Program will adapt to your needs and goals, including identifying the optimal type and size of facility for your business. Management training and support will increase your confidence, your growth and your profits. |
| Marketing | Regional advertising | Ad Templates Regional Advertising Social media SEO Email marketing |
| Operations | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Franchise can be run from home. Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| OpenWorks | BuildingStars | |
| US Expansion | Illinois, Indiana, Missouri, | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| OpenWorks | |
| BuildingStars | |
| Franchise Fee | |
| OpenWorks | |
| BuildingStars | |
| Royalty Fee | |
| OpenWorks | 5-10% |
| BuildingStars | 10% |
| Advertising Fee | |
| OpenWorks | |
| BuildingStars | 20% |
| Year Founded | |
| OpenWorks | 1983 |
| BuildingStars | 1994 |
| Year Franchised | |
| OpenWorks | 1983 |
| BuildingStars | 2000 |
| Term Of Agreement | |
| OpenWorks | 10 years |
| BuildingStars | 5 years |
| Renewal Fee | |
| OpenWorks | |
| BuildingStars | |
Business Experience Requirements |
|
| Experience | |
| OpenWorks | General business experience |
| BuildingStars | |
Financing Options |
|
| Franchise Fees | |
| OpenWorks | Yes |
| BuildingStars | Yes |
| Start-up Costs | |
| OpenWorks | |
| BuildingStars | |
| Equipment | |
| OpenWorks} | |
| BuildingStars | |
| Inventory | |
| OpenWorks | |
| BuildingStars | |
| Receivables | |
| OpenWorks | |
| BuildingStars | |
| Payroll | |
| OpenWorks | |
| BuildingStars | |
Training & Support |
|
| Training | |
| OpenWorks | |
| BuildingStars | On-The-Job Training: 1-5 hours Classroom Training: 3-16 hours |
| Support | |
| OpenWorks | Newsletter, Meetings, Toll-free phone line, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| BuildingStars | The team at your regional Buildingstars support center will provide an initial customer base, train you, handle billing and collection, find and manage additional accounts as you grow, provide marketing support and customer service support on your behalf. We take care of the hardest parts of growing your business so that you can stay focused on service. As you move through the stages of development, gaining expertise and accounts, the Rising Star™ Management Program will adapt to your needs and goals, including identifying the optimal type and size of facility for your business. Management training and support will increase your confidence, your growth and your profits. |
| Marketing | |
| OpenWorks | Regional advertising |
| BuildingStars | Ad Templates Regional Advertising Social media SEO Email marketing |
| Operations | |
| OpenWorks | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| BuildingStars | Franchise can be run from home. Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| OpenWorks | |
| BuildingStars | Illinois, Indiana, Missouri, |
| Canada Expansion | |
| OpenWorks | |
| BuildingStars | |
| International Expansion | |
| OpenWorks | |
| BuildingStars | |