Start-Up Costs and Fees |
||
| Tacone | HipPOPs | |
| Investment | 230000 - 459800 | 245175 - 351450 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 1.5% + 1% | |
| Year Founded | 1996 | 2012 |
| Year Franchised | 2000 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tacone | HipPOPs | |
| Experience | ||
Financing Options |
||
| Tacone | HipPOPs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tacone | HipPOPs | |
| Training | Three days at HipPOPs Central *Operations + business management *Marketing *Human resources + staffing *POPstar + customer service *Two days of training to ensure that you are ready to open *Production + scheduling assessment *Marketing + networking *Staff training + taste testing *Grand opening review | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | *Field operations + marketing support *Business coaching *Instructional videos + webinars |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 5 - 7 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Tacone | HipPOPs | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion | United Arab Emirates |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tacone | |
| HipPOPs | |
| Franchise Fee | |
| Tacone | |
| HipPOPs | |
| Royalty Fee | |
| Tacone | 6% |
| HipPOPs | |
| Advertising Fee | |
| Tacone | 1.5% + 1% |
| HipPOPs | |
| Year Founded | |
| Tacone | 1996 |
| HipPOPs | 2012 |
| Year Franchised | |
| Tacone | 2000 |
| HipPOPs | 2015 |
| Term Of Agreement | |
| Tacone | 10 years |
| HipPOPs | |
| Renewal Fee | |
| Tacone | $2.5K |
| HipPOPs | |
Business Experience Requirements |
|
| Experience | |
| Tacone | |
| HipPOPs | |
Financing Options |
|
| Franchise Fees | |
| Tacone | No |
| HipPOPs | No |
| Start-up Costs | |
| Tacone | |
| HipPOPs | |
| Equipment | |
| Tacone} | |
| HipPOPs | |
| Inventory | |
| Tacone | |
| HipPOPs | |
| Receivables | |
| Tacone | |
| HipPOPs | |
| Payroll | |
| Tacone | |
| HipPOPs | |
Training & Support |
|
| Training | |
| Tacone | |
| HipPOPs | Three days at HipPOPs Central *Operations + business management *Marketing *Human resources + staffing *POPstar + customer service *Two days of training to ensure that you are ready to open *Production + scheduling assessment *Marketing + networking *Staff training + taste testing *Grand opening review |
| Support | |
| Tacone | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| HipPOPs | *Field operations + marketing support *Business coaching *Instructional videos + webinars |
| Marketing | |
| Tacone | Co-op advertising, Ad slicks, Regional advertising |
| HipPOPs | |
| Operations | |
| Tacone | Number of employees needed to run franchised unit: 5 - 7 Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators) |
| HipPOPs | |
Expansion Plans |
|
| US Expansion | |
| Tacone | |
| HipPOPs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Tacone | |
| HipPOPs | |
| International Expansion | |
| Tacone | |
| HipPOPs | United Arab Emirates |