Network In Action
Professional Services Business-RelatedCompany Information
Address
770 S Post Oak Lane, Suite 105 Houston, Texas 77056
Website
Tel
Not Available
Email
Not Available
Franchise Summary
Description
As a franchisee, you will host and facilitate groups which provide professional networking and referral services, under the name "Network In Action. "
Company Background
Network In Action has been connecting professionals for over 30 years. As a franchisee, you will host and facilitate groups which provide professional networking and referral services, under the name Network In Action. We provide the training to help our franchisees build their business in a way that is customized to each person's strengths, interests, experience and geographical location.
Franchise Opportunity
Establishing and maintaining a successful business network is critical to the success of any business, but it can be difficult to know where to start or how to keep things organized. Networking can feel like a waste of time if you're not sure how to make the most of it. It's tough enough to find time for networking, let alone try and develop relationships with people who might not be able to help your business grow. Network In Action provides an easy way for you to connect with other professionals in your area. Our franchisees host structured networking events that provide you with the opportunity to make valuable connections that can help your business grow.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Business-Related Industry$24,112 / unit
Franchise Type: Standard
Average Revenue During 2021
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
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Network In Action Franchise System Development in 2021
FAQ
How much investment do I need to start my own Network In Action business?
Franchisees typically require at least $27 to $32 investment to get their Network In Action business started
What are the initial franchise fees for Network In Action?
Franchisees typically need to pay at least $25 in fees directly to Network In Action in order to earn the right to launch their business
How much money can I make with a Network In Action franchise? What are
the average revenues for a typical Network In Action business?
We estimate that the average revenue of an individual
Network In Action unit is approximately
$24,112. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Network In Action unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$19,500 to $62,000
which is
Much Lower
than the $0 to $0 average in the Business-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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