My Girl Friday Franchise
Saturday, January 30, 2010 at 04:50PM Personal concierge services
Julie Collinsworth Hagenmaier founded My Girl Friday in November 1999. The business was originally created to work with busy professionals in their home environment. The company's current clients encouraged their employers to work with Julie to provide a work-life balance benefit for other employees. Through exposure from the Greater Cincinnati Chamber of Commerce, corporations began approaching Julie about integrating My Girl Friday's services with their current employee benefits. Today, My Girl Friday is making lives easier for corporations and individuals by providing the precious commodity of TIME.
Start-up Costs & Franchises Fees
What is the total cost to open a My Girl Friday Franchises?
Total Cost: $47,000 USD -$86,000 USD
Total Franchise Fees: $31,500
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Franchise Agreement Renewal Fee: $500
Contact Information for My Girl Friday
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My Girl Friday |
Phone Number: (513)531-4475 |
My Girl Friday In the Press
No results at this time.Historical Expansion
In what year did My Girl Friday begin operations? 1999
When did My Girl Friday begin selling franchises? 2004
Year United States Canada International Corporate 2005 0 0 0 1 2004 0 0 0 0 2003 Not Available Not Available Not Available 0 2002 Not Available Not Available Not Available 0 2001 Not Available Not Available Not Available 0
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.
Absentee ownership of franchise is allowed.
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience Sales experience
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes