1. Who should consider buying a Signal 88 Security franchise?
Signal 88 Security is seeking motivated individuals with the desire to be a part of a winning team. Our ideal candidate will possess strong written and verbal communication skills, and a drive to succeed at owning and operating your very own Signal 88 Franchise. We are truly seeking franchise owners with the passion to Re-Engineer the security industry!
2. How long does it take to get a Signal 88 Security franchise started?
At Signal 88 Security, we recognize that no two franchisees are perfectly alike, and therefore tailor our launch, or start-up process, to accommodate your pace. Through this process we will focus on developing the core of your business in operations, sales & marketing, and administration to give you the best opportunity as a new business owner to succeed. Once the initial phase is complete, Signal 88 staff and Area Representatives perform regular site visits to provide on-going support, while 88University promotes self-education through web-based training and document repositories in advance of your various daily activities as an owner.
3. What is the initial franchise fee?
Signal 88 Security’s franchise fee starts at $35,000. This price includes one base territory with a population of 100,000 people. Ultimately, the total fee is formulated by the size of the population you wish to secure.
4. What is a typical territory size?
A population base of 100,000 is included in the base franchise. A typical Signal 88 Security Franchise will target populations between 200,000 and 500,000. Any franchisees may purchase larger territories adjacent to their initial location as operations and sales revenue grow.
5. Is there a Signal 88 Security royalty?
Yes. Signal 88 Security’s royalty structure is well below franchise industry averages at just 4% of gross sales. These lower operating costs translate into greater profits by reducing the financial burden on our franchises, as ultimately we are motivated by our franchisees success.
6. Are there any other monthly fees?
Yes. Signal 88 Security performs 100% of the Accounts Payable, Accounts Receivable, and Payroll functions for our franchisees. Likewise, technology development and deployment is provided by Signal 88 as well as sales and marketing support. The cost to cover all of these expenses associated with starting and operating a new business would be prohibitive to business owners starting on their own, however Signal 88 provides these for a fee of only 5% of gross sales.
7. What training do you provide?
Signal 88 provides training in several phases to ensure you are prepared to open and operate your franchise. The initial phases include web-based and classroom style training on our software tools including Inteliguide™, Patrolguide™, Salesguide™, and Virtualguide™, Signal 88 Philosophy, and Standard Operating Procedures. The next phase includes in market training focusing on the core development of your franchise in operations, sales & marketing, and administration.
8. Is there any additional sales training offered or required?
Signal 88 provides various webinars each month as well as unlimited access to support staff located at our corporate offices. Customized sales training is given during the launch phase, while on-going sales support is at each franchisee's disposal as assistance is needed. Our corporate office and corporate sales team are instrumental in the development of national and government contracts, and will assist franchisees throughout the entire sales process. Additionally, Signal 88 utilizes Area Representatives, charged with providing continuous support including additional site visits, webinars, and other forms of training, to round out our sales training program.
9. Are any marketing services offered?
Yes. Signal 88 Security has many pre-designed marketing pieces that have been tested and deployed in markets across the country. Examples include direct mailers, flyers, presentation folders, yard signs, vehicles, vehicle graphics and magnets, business cards, pens, and professional uniforms. We provide franchisees with photo samples and expected success ratios for each marketing piece we recommend for his/her franchise territory.
10. Does Signal 88 Security have a proprietary software program?
Yes. As necessity breeds innovation, Signal 88 Security has developed proprietary software products such as Inteliguide, Patrolguide, Salesguide, and Virtualguide to produce accountability, effective personnel management, sales process management, and new sales opportunities and continues to develop these products to allow our Franchisees the greatest opportunity to compete and win in the security market space.
11. How does Signal 88 Security offer superior support as compared to other franchisors?
The Signal 88 Franchise Group is a fast pased, technology driven company. We have
Re-Engineered our approach to traditional security, and have redesigned our business from the ground up, in a revolutionary way to ultimately shape the industry as a whole. In the same vein, Signal 88 Security takes the same approach to business as usual and turns it on its head, thus creating a franchise focused opperation designed to help our franchisees fulfill their own goals and potential. We would love the opportunity to share with you in establishing new standards for the industry!