Top Ten Percent provides business recognition, digital loyalty, and consumer savings programs for local businesses. The franchise connects quality businesses with consumers through digital platforms that offer rewards, discounts, and promotional opportunities to drive customer engagement and retention.
Key Insights
- Top Ten Percent grew from a fundamental commitment to solving real problems that affected both customers and service providers, developing systematic approaches that improve efficiency, enhance quality, and create positive outcomes for all stakeholders involved in the business relationship.
- Continuous improvement processes incorporate client feedback and industry developments to enhance service offerings and operational effectiveness while maintaining the core values and quality standards that distinguish the business from competitors in the marketplace.
- Economic factors support increased consumer spending on services that improve quality of life and provide convenience, creating growth opportunities for businesses that can deliver value while adapting to changing economic conditions and customer priorities.
Franchise Fee and Costs to Open
Exploring the financial picture of Top Ten Percent gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $17,958 - $26,836, along with a franchise fee of $12,900 - $12,900.
Financial Performance and Revenue
Training and Resources
Top Ten Percent provides comprehensive training for new franchisees. This initial training, lasting two weeks, occurs at our corporate headquarters. Top Ten Percent offers ongoing support resources, including operational manuals and marketing materials. We also provide access to a network of experienced franchisees. Top Ten Percent recommends leveraging these resources for successful business establishment.
Legal Considerations
Legal considerations for a Top Ten Percent franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee may encounter challenges in navigating the local competitive landscape for similar services. The operational complexity inherent in a business model like Top Ten Percent requires diligent execution of established processes. Dependence on specific supply chains for materials or technology introduces potential points of vulnerability if disruptions occur.
Franchise Datasheet
FAQs
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