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BUSINESS INFORMATION

(If this is not the correct FAQ list for you, locate the category of FAQ at the bottom of the page that best describes the type of question you have, and then visit that FAQ Department by clicking on the icon.)

 

What is the difference between a mutual benefit contract and a franchise?
How do I learn more about this industry?
Tell me more about the Sign Biz Business Model
Where is the best place to open a sign company?
What happens if I want to sell my business later?
What is the difference between Sign Biz and a business opportunity?
Since there are no royalties, how does Sign Biz make money?
How is the Advisory Board elected and what can they do for me?



What is the difference between a mutual benefit contract and a franchise? The Sign Biz contract provides for on-going products and services to a global  network composed of hundreds of independent, interconnected sign companies.  These companies form a chain that in turn allows the Sign Biz corporation to secure special vendor programs and which works hand in hand with the corporation to forge key partnerships and services for end-users. 

A franchise establishes its own name throughout it's chain in exchange for a royalty payment, and in turn may promise to offer service to the individual franchisee for those those payments.  Payment for use of a uniform name in the franchise system is required by the FTC.  A uniform name in consumer service industries may draw customers, however, no studies have shown that business is gained by a common name in the sign industry.  Third party research revealed that "brand names" are not a factor in client company decisions to patronize one sign company over another.

Under the Sign Biz mutual benefit contract, the business owner does not pay ongoing fees to ensure use of a common name; instead,  services are available and purchased as needed, assuring both parties of valid performance and satisfaction.  For more details see our Business Model page.
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How do I learn more about this industry?
On the Web you can find search engines and directory sites like http://www.google.com/ and http://www.yahoo.com/respectively, that when queried compile lists of Web pages containing information on a vast variety of topics. Type in a subject or topic to search in the search window, click the search button and a list of relevant Web sites will be returned.
Use key words and phrases such as "sign business start-up" or "sign industry statistics" in quotation marks. These will appear as hyperlinks--underlined text that links to other pages or files on the Web (graphics and buttons can also be hyperlinks). Click on a hyperlink like the Yahoo link above, to retrieve the related page.

You can also learn about our industry and related statistics by visiting our statistics page.  You may also visit websites such as that of the International Sign Association (the largest association for the industry) by typing in their Web address, www.signs.org, in the address field at the top of your Web browser and, by hitting the Enter key, be taken directly to that Web address. Top

Tell me more about the Sign Biz Business Model...
The complete turnkey sign store program for each new entrepreneur includes every component required by a high quality sign business. There are no broker fees as Sign Biz uses no brokers; the total investment of $138K is used for substantive
product and services for each new Network Member. As there are no ongoing royalties, each Network Member is able to capitalize their investment on average 4 times faster than in the franchise business model. In addition, the $1000, $2000, $3000 or more that is not paid out in monthly royalty payments can be channeled back into the business for marketing and expansion. Click on this link to learn more: Business Model. Or, for detailed look at business models, visit: Comparing Components  Top

Where is the best place to open a sign company?
Sign Biz has a proprietary list of site selection guidelines which are force-ranked. These are then contrasted with information derived from extensive first-person interviews with local competition, demographic analysis of the proposed community, and vertical market business count for individual zip codes.  

Sign Biz is unique in the industry for its detailed analysis of territory, competition, and vertical market mix.  These identifiers contribute to this Network's unmatched sales volume per capita, and are therefore proprietary. The minimum territory requirements include 3000 vertical market businesses (roughly equivalent to 5000 total businesses); 1500 to 2000 square feet in a retail center within a qualified area. Read more here Site Selection.  Top

What happens if I want to sell my business later?
Sign Biz Network Members enjoy the most attractive package for an exit plan that includes sale of their business.  No other chain, franchised or otherwise, allows a business owner to capitalize on their investment for such a nominal transfer fee.  

For more details, contact the Business Development department of Sign Biz Inc., toll free at 800-633-5580. 
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What is the difference between Sign Biz and a business opportunity or franchise?
At first glance a business opportunity or franchise provider may appear to offer similar new business components to those offered in the Sign Biz business development program.

The differences are profound, and the longer you own your sign business, the more apparent they become.  The Sign Biz mutual benefit contract is "evergreen," meaning it cannot expire for the life of the business. It also means the services, the education programs, web development and instant communication system via intranet will continue, long after you have graduated from training.  In addition, a fully-staffed corporate office dedicates itself to developing national account programs and other services strictly for Members. For a side-by-side comparison of program components, visit: Comparing Components.

The staff of the Sign Biz corporation on both the east and west coasts together represent more than a century of experience in this industry.  The business opportunity providers include equipment and training, and the support comes primarily from a small "family" staff and contract help. They simply do not have the resources to develop new programs in the visual communications industry. 

An extensive list of R&D programs and complete business development services managed by Sign Biz staff can be found in this link to our detailed Program Information page, or visit our  Corporate Summary page. 
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Since there are no royalties, how does Sign Biz make money?
Sign Biz is one of the top Value Added Resellers in the country for major equipment manufacturers and software developers. When our Network Members grow their companies, they choose to purchase additional computers, printers, software upgrades and other non-consumables from Sign Biz, Inc. They are under no obligation to purchase these products from the corporation, however all Members turn to Sign Biz Inc for the special "below list" prices they obtain as Network Members. Click here to earn more about this "Merit System." Top

How is the Advisory Board elected and what can they do for me?
To help
assist Sign Biz Network Members in their local regions, Sign Biz established an Advisory Board comprised of Network Members. The inaugural board was nominated and elected by the Network back in 1999. A total of 18 Advisory Board members