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Best
Top 5 Green & Eco Friendly Franchises
Key Facts For IslandTime Treasures
-
- Franchising Since:
- 2011
-
- Franchise Units:
- 10
-
- Cash Investment:
- $10,000 - $20,000
-
- Total Investments:
- $13,000 - $25,850
-
- Royalty Fee Rate:
- 6%
-
- Financing Available:
- 1
-
- Website:
- islandtimetreasures.net
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Key Facts For Rapid Realty
-
- Franchising Since:
- 1998
-
- Franchise Units:
- 60
-
- Cash Investment:
- $68K
-
- Total Investments:
- $90 - 140K
-
- Royalty Fee Rate:
- 7%
-
- Financing Available:
- 1
-
- Website:
- www.rapidnyc.com
Key Facts For Oxxo Care Cleaners
-
- Franchising Since:
- 2001
-
- Franchise Units:
- 42
-
- Cash Investment:
- $150,000
-
- Total Investments:
- $437,000 - $553,500
-
- Royalty Fee Rate:
- 4%
-
- Financing Available:
- 1
-
- Website:
- www.oxxousa.com
Key Facts For Renee Crew
-
- Franchising Since:
- 1993
-
- Franchise Units:
- 33
-
- Cash Investment:
- $40,000
-
- Total Investments:
- $44,300 - $69,625
-
- Royalty Fee Rate:
- $600-1.8K/mo.
-
- Financing Available:
- 1
-
- Website:
- www.renewcrewclean.com
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Key Facts For Fibrenew
-
- Franchising Since:
- 1987
-
- Franchise Units:
- 300+
-
- Cash Investment:
- $15,000 - $25,000
-
- Total Investments:
- $100,595 - $120,595
-
- Royalty Fee Rate:
- Flat Rate
-
- Financing Available:
- 0
-
- Website:
- www.fibrenew.com
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Evaluation Critieria: Best Green & Eco Friendly Franchise Opportunities
Growth Prospect
One of our areas of evaluation focuses on the prospective growth which has been achieved by the franchise across the different franchised businesses currently in operation. With many eco-friendly businesses it is important for the business to operate through means which allow them to grow over time while ensuring the products and/or services they are offering are self-sustaining and of acceptable quality.
Marketing Support
Another point of our analysis delves into the amount of support the franchisor provides to their franchises in terms of marketing and advertising. Franchises of any type benefit from having access to advertising and marketing campaigns which reach the target audience in the markets relevant to their franchised businesses. We investigate the overall quality and reach of their advertising and marketing campaigns.
Training
It is becoming increasingly important for franchises to provide the franchisees they support with access to effective and informative training courses and resources. Many green and eco-friendly businesses often require a different degree of training and education which expands beyond traditional businesses. It is important for franchises to provide their businesses with the properly information and training programs.
Ongoing Support
Ongoing support encompasses all of the activities which the franchisor takes part in to assist their franchisees in their day-to-day operations through promotional materials, sales meetings, and other benefits. Having access to corporate resources, information, and assistance can ensure the long-term operation of the business across difficult times while ensuring the latest offerings are being put to good use.
Value
For the value component of our evaluations we investigate the factors which ultimately influence the cumulative benefits received by franchisees in terms of branding, reputation, and various proprietary and competitive advantages. It is important for the franchisor to build and maintain a positive brand image and reputation for consumers looking for eco-friendly products and services of particular interest to them.