Frequently Asked Questions
1. WILL I HAVE THE OPPORTUNITY
TO SPEAK TO EXISTING FRANCHISE OWNERS?
Yes. When you
receive the introduction kit, you will also receive a list
of our existing owners and their phone numbers. You are encouraged
to speak with several of our franchise owners as part of your
due diligence.
2. DOES Select Magazine OFFER
FINANCING?
No. Select Magazine
does not provide direct financing. However, we have aligned
ourselves with some of the lenders with experience in the
franchising industry. We recommend that you also contact your
current banking institution and inquire about their lending
arrangements. We are not SBA registered at this time.
3. HOW LONG IS THE FRANCHISE
AGREEMENT? CAN I RENEW IT?
The current initial term of the Franchise Agreement is 10
years. At the end of 10 years, a renewal term is available.
Each renewal term is 10 years. Your earnings capability will depend on a number of factors, such as your location, the amount of time you spend in the business, your sales acumen, as well as the market conditions. Naturally, as in any business venture there is no guarantee of your success or profitability. We do, however, give you the benefit of a well-organized and proven concept, refined by our many years of experience.
4. CAN I BE A PASSIVE OWNER/INVESTOR OF A Select Magazine?
Not initially. We have found it is very important for you to be involved in the business full time. Of course, as your business matures and your staff develops, you may have great flexibility in your operational role..
5. DOES Select Magazine HAVE EXCLUSIVE TERRITORIES?
Yes. Select
Magazine knows it is important to recognize established client
relationships. As such, we award territories with a minimum
of 15,000 households. The territory will be defined by Postal
Zip Codes. Once we have agreed on the territory for your business,
you have the peace of mind, that without significant change
to the demographics in your area, Select Magazines cannot
award another franchise in your territory for the term of
your Franchise Agreement.
6. HOW LONG AFTER I SIGN A FRANCHISE AGREEMENT, BEFORE MY NEW Select Magazine WILL BE OPEN?
After one week of training, you will have approximately two
months to get your first magazine published. This is more
than th average time needed.
7. DOES Select Magazine REQUIRE
THAT I HAVE A GRAPHICS OR TECHNOLOGY BACKGROUND?
No. We have
a proven turnkey program which includes providing you with
professional graphic design, printing and mailing of your
Select Magazine. The Select Magazine business is a sales and
marketing Direct Mail business. Emphasis on developing client
relationships and outstanding customer service is a key ingredient
to achieving positive results within your territory.
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