Frequently Asked Questions - Part 2
Q. Can I run a COMMISSION EXPRESS® franchise as an adjunct to my current business?
A. In most cases, yes. As with any venture, you need to ask if your current business is compatible and whether the combination of activities causes any actual or perceived conflict of interest, ethical concerns, or legal breaches.
Q. Where will the training take place?
A. Initial training will take place at our national offices in Fairfax, Virginia. Optional training can be scheduled at your offices on a consulting basis if needed.
Q. Does COMMISSION EXPRESS® National provide any of the required capital?
A. While COMMISSION EXPRESS® may provide a capital facility in the future, you are currently required to either have or have access to sufficient capital to operate your business.
Q. How much is the royalty?
A. The royalty is 9% of annual income to $200,000; 4.5% to $400,000; and 1% over $400,000 on a monthly basis (subject to a monthly minimum - based on the size and age of the franchise unit).
Q. Do I pay an advertising fee?
A. Yes. The advertising fee is 1% of your gross annual income on a monthly basis (subject to a monthly minimum - based on the size and age of the franchise unit).
Q. Do I start paying the royalty and advertising fee the month I open?
A. No. You pay no royalty or advertising fee the first three months that you are open.
Q. Do I need an office?
A. Yes. With our approval, your office can be anywhere in your development territory that you feel can be easily accessible by your customers.
Q. What do I do next?
A. We encourage you to complete and submit the Qualification Summary.
|
|
|
Testimonial
|
Thank you for being a part of my business! I can and will without resrvation recommend you as an invaluable business asset for those of us who are self-employed.
Michael Sivy
National Realty
The Registered Marks of the organizations are for identification purposes only and do not constitute endorsement
|
|
|
|
|
|
