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One of the main advantages that justify the international success of Mr.Electric's franchise is the possibility to get all the knowledge and support of experienced and successfull companies.
The services provided by the Mr.Electric's franchisors are divided in the following stages:
Before the public opening - initial training and support in starting up,
purchasing the vehicle and logo placement,
equipment (tools and supplies),
uniforms,
billing and estimate books,
designing the “Business Plan”,
etc…
When starting your business - Mr.Electric gives you total guidance towards organizing a Marketing campaign in your area to promote the opening.
After the initial startup – Mr.Electric provides continuous support which includes, among other, business consulting, quality control, research and development of a client database, negotiation with suppliers and promoting / advertising your business.
Fees charged by the Mr.Electric franchise system:
Franchise Fee / Initial Fee – a one-time fee paid by the franchisee to the franchisor to "buy into" the franchise and usually paid when the signing the contract. Generally, the fee reimburses the franchisor for the costs of initial training and support for new franchisees, as well as for the right to use the franchisor's Trademarks and Logos.
Royalties / Administrative Fee – a royalty refers to a percentage of gross sales payed to the franchisor monthly in order to cover for the continuous usage of the franchisor's Trademarks and it's resources.
Royalties / Advertisement Fee – a contribution given by all businesses for a common fund used to develop branding and the chain's campaigns.
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