How much money do I need to start?
The initial investment required to start a NobleProg franchise varies depending on the territory. The investment can start as low as $10,000 for a new business and can go up to $1,000,000 for an already developed business.
How long do I need to wait for the first income and profit?
The time required to generate the first income and profit depends on the area and the season, as the training industry is seasonal. It can take up to 3 months to generate your first income. Historically, all our franchisees have generated revenue within the first 2 months. Typically, it takes up to a year to reach the break-even point.
What are the fixed annual costs of running a small franchise?
The annual costs of running a small NobleProg franchise are as follows:
- Minimum Fee to the Franchisor per year: $5,000
- Training Coordinators, Sales, Assistants: $50,000
- Accountants, travel, etc.: $20,000
- Total: $75,000 USD
Note that there might be other expenses related to your specific area.