Cost for one-year trial franchise:
Deciding to invest in a franchise is a life changing decision and requires extensive thought, research and consideration before you take the plunge. There is an array of benefits to joining an e-Court franchise, making it a popular decision with people who decide to set up their own business.
The # 5 e-Court Franchise Costs :
For those considering investing in an e-Court franchise business, there are three main categories of costs you need to understand. These include:
(1) Provisional fees :
These cover "vetting / background checks" by independent third party , e-Court admin & account set up & non-proprietary software pre-payments. This one-time payment of EURO.300 will not be refunded when vetting results differ substantially from data entered during registration. e-Court.IN assessments are at its sole discretion.
(2) The Franchise Fee:
The franchise fee, also commonly referred to as the initial or Startup fee, is part of your up-front, one-time payment for the one-year trial franchise when you sign up to become a franchisee. The franchise fee is your ticket in the door. These expenses you will incur to get your new business open and operating. It is what you are paying e-Court in return for the use of their brand, trademarks, products and business model . It covers the cost of your application, training, initial marketing and advertising, sales commission and general costs incurred by e-Courts corporate team in getting you all set up. This one-time payment will not be refunded when the franchise is not continued after the first trial year with No further fees due in this category if the franchise is continued. As most franchise fees in the Netherlands are BETWEEN EURO.20 K AND EURO.60 K. IN SOME CASES WELL ABOVE EURO. 100 K e-Court franchise fees are kept at just EURO.3000 because of e-Courts international scope.
(3) The Equipment Fee :
THE cost for e-Court preloaded PC Laptop and other development costs of e-Court licensed software tailor made & adjusted for each individual franchisee is just EURO. 1200 ( cost refers to pre-assigned postal/zip codes to ensure exclusivity of territory ). ABOVE IMAGE SHOWS a NEW HP LAPTOP 15-DW0XXX WITH 8.00 GB RAM & INTEL CORE I5. ALL SUPPLIED LAPTOPS WILL BE OF SAME OR ENHANCED QUALITY.
(4) The Royalty Fee:
While the franchise fee is a one-time payment, royalty fees typically occur monthly and can be thought of as a membership fee that covers the ongoing support from e-Court. The most common e-Court way royalty fees are assessed is as a percentage of gross sales to be expected from the exclusive teritory and, on average, sits somewhere between 5 and 9 percent. e-Court sets a minimum INR amount, or a percentage that varies depending on levels of sales. The royalty fee is the ongoing revenue stream that keeps e-Court afloat, as well as covering the expenses of providing you with ongoing education and support.
(5) Advertising & Marketing Fees:
One of the great allures of a franchise is the brand recognition. Franchise companies spend a lot of time and money marketing their brand to potential customers, which of course should help you as the franchisee. In exchange for this marketing support, you will typically pay monthly marketing and advertising fees, which are usually a percentage of your revenue. e-COURT marketing fees range from 2% to 5% of gross revenue.
Summary of Fees ( all payments to be paid by direct deposit via our current account with the ABN-AMRO Bank of the Netherlands )
:
* Provisional fees EURO 300 * The Franchise fees EURO 3000 * The Equipment Fee EURO 1200 * The Royalty Fee 5% to 9% of gross revenue
* The Advertising & Marketing Fees 2% to 5% of gross revenue
How to apply for one-year trial franchise :
Please send us an email via : info@e-court.co.nl
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