SMS MASTERMINDS Franchise Startup Cost, Revenue and Profit Margin
SMS Masterminds is a Short Message Service (SMS) marketing company based in the United States of America. SMS has become an important part of telephony and technology in our world today. SMS is used extensively in mobile devices today.
SMS is a very useful mobile technology. The SMS is also being used extensively in marketing today. Corporations around the world who have realized the importance and place of SMS are leveraging it to build their businesses and also to grow their customer bases.
In this article, we are going to look at SMS Masterminds. We will be going into an extensive discussion of the opportunities which the company offers for entrepreneurs and business people around the world and how you can be a part of it.
We will start by looking at the history of the company. We shall also look at the cost of the SMS Masterminds franchise and also examine the franchise fee which the company requires from its franchisees.
We shall also be looking at the training and support which the company provides for its franchisees.
Also to be discussed in this article is the franchise agreement terms and renewals which the company provides for its franchisees.
Is SMS Masterminds a Franchise?
SMS Masterminds is a franchise. The company is based in San Luis Obispo, a city in the Central Coast region of California in the United States of America.
The company is an SMS Marketing company. The company was founded 9 years ago in 2009. The company started franchising the same year it was founded.
The company’s origin comes from the humble start it got from a single room office. Over the years the company has grown, outgrowing its initial single room office to a larger complex housing more than 70 of its staff.
SMS Masterminds is a privately funded company. The company has also shown impressive success by recording profit from its first year of operation.
As a testament to the success and growth of the company, in 2013 the company got listed as an INC5000 company.
The listing also acknowledged the company as the 66th fastest growing software company in the United States.
The company’s core service is the provision of mobile marketing service to small businesses. The earnings of SMS Masterminds come from licensing its software technology to organizations and professional marketers and marketing companies.
The company’s current Executive General Manager is Charles Gerencser.
Using SMS Masterminds for mobile marketing provides more customers response for companies than other conventional channels of marketing.
The company currently has more than 220 franchised units across the United States.
One advantage that SMS Masterminds offer is its Customer Loyalty System (CLS) which provides tracking data for customer buying habits to companies.
How Much Does SMS Masterminds Franchise Cost?
For everyone who wishes to take advantage of the franchise opportunity at SMS Masterminds franchise, they are required to contact the company directly on its website at www.smsmasterminds.com.
To also get information on the required liquid asset to start an SMS Masterminds franchise the intending franchisee should also contact the company on its website.
SMS Masterminds Franchise Fee
To get the franchise fee for an SMS Masterminds franchise, the intending franchisee should contact the company directly on its website at www.smsmasterminds.com. Information on other applicable royalty and advertising fees can also be obtained from the company.
SMS Masterminds Franchise Startup Cost
Entrepreneurs and intending franchisees who wish to take advantage of the opportunity which the SMS Masterminds franchise provides are required to have a minimum startup capital of $29,900 (U.S. dollar) and a maximum startup cost of $35,800 (U.S. dollar).
SMS Masterminds Franchise Training and Supports
SMS Masterminds provides training and support for its franchisees to ensure their success.
The support which the company provides for its franchisees include;
- The company supports its franchisees with phone support to ensure that their queries are resolved promptly.
- Franchisees also receive newsletter support from the company.
- Advertising support is also provided for franchisees of the company.
- The franchisor provides online support for its franchisees.
- SMS Masterminds provides marketing support for its franchisees.
- Franchisees also get Search Engine Optimization (SEO) support from the company.
- The company also provides ongoing training for its franchisees to ensure they receive an up-to-date on the latest technology the company is using at any moment.
SMS Masterminds Franchise Terms of Agreement /Renewal
To get information on the initial franchise agreement for an SMS Masterminds franchise, the intending franchisee is required to contact the company directly on its website at www.smsmasterminds.com.
How Much Does an SMS Masterminds Franchise Make?
The amount an SMS Masterminds franchisee can make can’t be stated with certainty. The amount a franchisee can make will depend on the location and size of the market which the franchisee is serving.
But the franchisee can be sure to make good money with the franchise considering that the company’s service is required by organizations of all sizes.
How to Open an SMS Masterminds Franchise
To open an SMS Masterminds franchise, the intending franchisee is required to contact the company on its website at www.smsmasterminds.com to fill out the franchise request form.