Network in Action

Overview

Website: www.networkinaction.com

Franchise Fee: $35,000

Royalties: 15%

Cash Investment: $25,000

Total Investment: $35,000 - $37,000

Net Worth: $25,000

VetFran: Yes

Master Franchise / Area Developer Opportunity: Yes

Additional Details

The first ever professionally run business networking franchise with state of the art technology and monthly meeting model. Our NIA Franchise Owners build out three industry exclusive networking groups and three peer evaluation groups. They will lead the groups with scripted monthly agendas, monitor group for activity and serve their member’s needs. A great model for people with past experience in business development, sales, networking and love to coach!
Network In Action is looking for leaders who have a passion for helping business owners grow their businesses through networking. NIA franchise owners will own the only professionally owned monthly networking group in their protected territory. A franchise owners initial role will be to build out a networking group of 30 to 50 plus business owners as well as 8 to 12 solo entrepreneurs for their peer evaluation groups. Once started you will host a monthly networking event as well as a monthly coaching session. Our franchise model allows our owners to build out 3 networking groups and three NIA crowd Coach groups for solo entrepreneurs who need help.
You will have access to the technology that connects people 24/7. Management Training, Performance Metrics, Strategies for Success, scripted meetings all at your disposal. This is not your grandma's networking group. Franchisees must have a proven sales background and personality to engage a group.
Visit our Franchising Website at: https://www.franchise.networkinaction.com/
Network In Action from Network In Action on Vimeo.
Why NIA?
Extremely fast ROI on Franchise Fee
Doubled in size during pandemic
Unique Concept
No employees
No real estate
No inventory
Great Item 19 especially for such a low costs
Our ideal franchisee / candidate
Loyal
Wants to impact othersOwns another business and wants to supplement their income
Wants to segway from corporate job
A connector with a passion for relationships and love of helping others grow their business. Must be able to follow a model.
AVAILABLE MARKETS
US markets available: All states
Available in Canada: YES
International Referrals: YES
BACKGROUND
Year founded: 2015
Year Franchised: 2016
Number of franchises currently operating: 151 in the USA and 2 in South America
Number of corporate owned franchises: 2
Home Based: YES
Absentee ownership available: YES
Accepting Master Franchisor and Area Developer Referrals: YES
Average number of employees required: 0
Providing earnings guidance in Item 19 in FDD: YES
FINANCIAL/TERMS
Franchise Fee: $35,000
Total investment range: $35,000 - $37,000
Liquidity(cash, stocks, bonds) requirement: $25,000
Net worth requirement: $25,000
Royalty: 15%
Additional fees: N/A
Financial assistance available: YES
VetFran program: YES
SBA Registered: NO
SUPPORT & TRAINING PROVIDED
Training and support program details:
One week remote training
E-learning platform 24/7. Thirteen weeks fast start.
75 minute coaching session, six month mentor.
Weekly conference call.
Quarterly review.
Lodging and airfare included: NO
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Mentor following training: YES
Length of mentoring Franchisee: 6 months

Why Network in Action?

Our Ideal Franchisee

Available Markets

Background

Year founded: 2015

Year Franchised: 2016

Home Based: Yes

Financial Details

Franchise Fee:$35,000
Providing Earnings Guidance in Item 19 in FDD:YES
Total Investment Range: Single Unit: $35,000 - $37,000
Net Worth Requirement:$25,000
Royalty:15%
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: