What do I need to invest?

You can join as a Standard or Partner franchisee. As a standard franchisee your initial investment and annual renewal fees are modest. As a partner franchisee your initial costs are higher but you will enjoy a much higher level of sales support and involvement with the Time Collector™ brand.

Why is there an initial fee?

We only want people to become Time Collector™ franchisees if they are seriously committed to making a success of their business. To this end we will provide you with the training, materials and expertise you need to succeed. Your initial fee goes some way towards covering the costs of providing these. However, if we believe that you will not be able to run a successful franchise we will tell you before you have committed yourself.

That said, once you have made a commitment we don't want you to be out of pocket for long so your introductory pack contains free software licences which will enable you to recover the bulk of your initial fee. 

What is the difference between a Standard and Partner franchise?

Can I start as a Standard franchisee and then change status to a Partner?

Yes, at any time, by paying the appropriate upgrade fee.

Can I start as a Partner and later change to a Standard franchise?

No, we expect our partners to make a long term commitment to Time Collector™.

How quickly will I get my financial investment back?

Depending on how quickly you start to make sales we would expect you to recover all of your set up costs, including the franchise fee, during the first three months.

Remember, with the first software licences included in your franchise start up pack, your first sales should provide you with 100% margin!

Are there any continuing revenue sources from my customers?

Yes, for as long as you hold your franchise, you will automatically receive a commission on all support contract renewals paid by your customers using direct debit. As new versions of Time Collector™ are developed you will have the opportunity of selling these to your customer base.

What are the terms of payment with Time Collector™?

time-collector.com only works on a cash with order basis. However credit cards are accepted for a small supplement and hence you can self-manage a credit account. The low pricing of our software to franchisees, compared with the end user list pricing, means that with reasonable deposits taken from your customer you should not experience negative cash flow.

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