When is payment for telephone and communication systems due for an All Team agency?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE | |----------------------------------------------------------------|-------------------|----------------------|----------------------------------------|----------------------------------------| | Telephone and Communication | $1,000 - $3,000 | Lump Sum | Prior to opening | Telephone system supplier | | Systems | | | | | Note 3 – Telephone and Communication Systems. You will need a telephone and communication systems. If you want a telephone system with voicemail, which we recommend you do, the system will cost more. Many times these systems can be leased on a monthly basis.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, payment for telephone and communication systems is due prior to opening the agency. The estimated cost for these systems ranges from $1,000 to $3,000, and payment is made via a lump sum to the telephone system supplier.
It's important to note that All Team recommends a telephone system with voicemail, which may increase the overall cost. The FDD also mentions that these systems can often be leased on a monthly basis, providing an alternative payment structure. This offers some flexibility for new franchisees in managing their initial investment.
Prospective franchisees should consider the costs and benefits of purchasing versus leasing a telephone system. While leasing may lower the initial investment, the total cost over time could be higher. It is advisable to research different telephone system options and suppliers to find the most suitable and cost-effective solution for their All Team agency.