*AII fees are nonrefundable
except for the initial franchise fee, which mav he partially refundable under
the circumstances provided in Item 5: the security deposit fwhich is not
applicable if vou are a conversion franchisee^: and the Training Fee Deposit,
which mav he refundable under the circumstances provided in Item 5.
1.
You
will pay a lump sum of $17,000 upon signing of the Franchise Agreement. The
initial franchise fee is refundable only under the circumstances set forth in
Item 5.
2.
2^-This
item includes one indoor and one outdoor sign. The cost of the inside signage
ranges from $700-$ 1,000.
3.
^r-Your
office premises typically will be located in retail strip centers or industrial
office warehouse parks. The square footage is estimated to be 4-2QQ1.200 to 50002.000 square feet. Costs, which
include floor covering, wall treatment, ceilings and electrical, carpentry and
related work, will vary significantly depending on the condition, location and
size of the premises and the demand for the premises among prospective lessees.
■
4.
4r~This
item includes a 4-line telephone system (one line dedicated to a fax machine),
the computer system described in Item 11 and one commercial copying machine.
Leasing equipment can reduce these costs.
5.
5^The
amount of the first month''s rent and security deposit will depend on the size,
condition and location of the premises and the demand for the premises among
prospective lessees.
where the Business is
operated. Also, the estimated premium will increase if temporary employees are
transferred from
Link''s control to vour control.
1. 6V-This item estimates your
initial start -up expenses for a Star4�jtgrJt-up business, includinginitial
advertising expenses. These expenses include payroll costs, but do not include
any draw or salary for you. These figures are estimates, and we cannot
guarantee that you will not have additional expenses starting the business. No
additional funds are noted for a conversion business because a conversion
business has already been operating as a staffing business. We assume your
payroll, advertising and other expenses will not change and will depend upon
the size of your business pre-conversion. Your costs will depend on factors
such as: how much you follow our methods and procedures; your management skill,
experience and business acumen; local economic conditions; the local market for
your services; competition; and the sales level reached during the initial
period.
8. Tr-You will pay a $5,000
Training Fee Deposit upon signing of the Franchise Agreement. The Training Fee
Deposit is refundable only under the circumstances set forth in Item 5. If you
are purchasing an existing Liiik_Business, you will pay the then-current Training Fee
Deposit upon signing our-Link''s then-current franchise agrcementFranchise
Agreement.
9u &-WeLinj� relied on eurits experience since 1980 in the
temporary personnel business to compile these estimates. You should review
these figures carefully with a business advisor before making any decision to
accept the franchise offering. We-deLink does not offer financing
directly or indirectly for any part of the initial investment, except for the
financial assistance package described in Item 10. The availability and terms
of financing will depend on factors such as the availability of financing
generally, your creditworthiness, collateral you may have and lending policies
of financial institutions. With respect tolf vou are a conversion
frnnohir.Gnfranchjsee. it is assumed that you already have a
built-out office with all necessary equipment (except the specified computer)
and at least a basic insurance package.
