Frequently Asked Questions
Q. How do I know if I'm the right person to own a Your Baby's Closet® business?
A. According to the American Pregnancy Organization there are approximately 6 million pregnancies every year throughout the United States. Other statistical sources site that the first year of a child's life can cost the parent approximately $6,000 to buy the crib, stroller, and other essentials, not counting the cost of diapers and food. Your Baby's Closet® services will help lower those costs for your clients. If you love people, are fairly organized, want to be your own boss, and make great money, then it's definitely for you.
A. According to the American Pregnancy Organization there are approximately 6 million pregnancies every year throughout the United States. Other statistical sources site that the first year of a child's life can cost the parent approximately $6,000 to buy the crib, stroller, and other essentials, not counting the cost of diapers and food. Your Baby's Closet® services will help lower those costs for your clients. If you love people, are fairly organized, want to be your own boss, and make great money, then it's definitely for you.
Q. What specific skills do I need to operate a Your Baby's Closet® business?
A. You just need to have the ability to make decisions, be organized, and be able to oversee the operation. We'll teach you the rest in our exclusive Quick Start Manual. You will soon be attracting consignors. And they will naturally come to you with enthusiasm and excitement because everybody loves the idea of making lots of money!
A. You just need to have the ability to make decisions, be organized, and be able to oversee the operation. We'll teach you the rest in our exclusive Quick Start Manual. You will soon be attracting consignors. And they will naturally come to you with enthusiasm and excitement because everybody loves the idea of making lots of money!
Q. How much time per week would this entail?
A. This will vary depending upon how many resale opportunities you plan to hold per year. For each resale opportunity you could expect to work approx. 2 to 4 hrs per week with a sharp increase in effort the week of the sale.
A. This will vary depending upon how many resale opportunities you plan to hold per year. For each resale opportunity you could expect to work approx. 2 to 4 hrs per week with a sharp increase in effort the week of the sale.
Q. What would my start-up costs be?
A. This will vary depending on the location, additional options you choose and how elaborate the design of your resale opportunity. Typically Your Baby's Closet® Licensees spend approx. $5k to $15k for the first year.
A. This will vary depending on the location, additional options you choose and how elaborate the design of your resale opportunity. Typically Your Baby's Closet® Licensees spend approx. $5k to $15k for the first year.
Q. How much money can I make doing this?
A. This will depend on the Licensees individual effort and how many Your Baby's Closet® resale opportunities you execute.
A. This will depend on the Licensees individual effort and how many Your Baby's Closet® resale opportunities you execute.
Q. Do I need to give a percentage of my income to the main corporation?
A. As a Licensee, you will never be required to pay "Royalties" to the main corporation. You will only be required to pay a $750 per year renewal fee. This fee includes the continued use of the Your Baby's Closet® Service Marks, all other Intellectual Property and Trade Secrets and a site listing on our main website. In addition, it includes 10 hrs of consulting per year, as it relates to your Your Baby's Closet® ongoing operations.
A. As a Licensee, you will never be required to pay "Royalties" to the main corporation. You will only be required to pay a $750 per year renewal fee. This fee includes the continued use of the Your Baby's Closet® Service Marks, all other Intellectual Property and Trade Secrets and a site listing on our main website. In addition, it includes 10 hrs of consulting per year, as it relates to your Your Baby's Closet® ongoing operations.
Q. How big will my territory be and will it stay protected?
A. Your territory will be set on a case-by-case basis. Typically licensed territories are ½ of a County in size or a section of your City. Area sizes may vary depending upon: Population, Density, Traffic Counts, and Zoning
A. Your territory will be set on a case-by-case basis. Typically licensed territories are ½ of a County in size or a section of your City. Area sizes may vary depending upon: Population, Density, Traffic Counts, and Zoning
Q. How many resale opportunities can I hold in one area?
A. As many as you desire. You are not restricted by frequency. Most resale opportunities occur 2 - 4 times a year. There is no reason why you could not hold a resale opportunity every month.
A. As many as you desire. You are not restricted by frequency. Most resale opportunities occur 2 - 4 times a year. There is no reason why you could not hold a resale opportunity every month.
Q. How long will it take to get started?
A. Once we have finalized the Service Mark Licensing Agreement, typically your own Your Baby's Closet® first sale can be open within 3 to six months. However there are many variables depending upon your local jurisdiction.
A. Once we have finalized the Service Mark Licensing Agreement, typically your own Your Baby's Closet® first sale can be open within 3 to six months. However there are many variables depending upon your local jurisdiction.
Q. Okay, I want to get started right now. What's next?
A. Contact Your Baby's Closet® through the website www.yourbabyscloset.com or contact me @ (760) 489-4255 and let us know you're ready to proceed. We will then have you sign a Non-Disclosure Agreement. Once this is done we schedule a time to talk with you. After this talk, we can move directly to the Intent to License Agreement. When you sign the "Letter of Intent", you will put down a non-refundable deposit of $1,000 and we will then stop talking with other potential Licensees for your chosen area. Then within 15 to 30 days we will complete the Service Mark Licensing Agreement.
A. Contact Your Baby's Closet® through the website www.yourbabyscloset.com or contact me @ (760) 489-4255 and let us know you're ready to proceed. We will then have you sign a Non-Disclosure Agreement. Once this is done we schedule a time to talk with you. After this talk, we can move directly to the Intent to License Agreement. When you sign the "Letter of Intent", you will put down a non-refundable deposit of $1,000 and we will then stop talking with other potential Licensees for your chosen area. Then within 15 to 30 days we will complete the Service Mark Licensing Agreement.
Q. Can I skip any steps and move directly to the Service Mark Licensing Agreement?
A. The Non-Disclosure must be signed, but you may choose to skip the Intent to License and move directly to the Service Mark Licensing Agreement. You will still put down a non-refundable deposit when you sign the Service Mark Licensing Agreement to reserve your area while we finalize all the details.
A. The Non-Disclosure must be signed, but you may choose to skip the Intent to License and move directly to the Service Mark Licensing Agreement. You will still put down a non-refundable deposit when you sign the Service Mark Licensing Agreement to reserve your area while we finalize all the details.
Q. What happens after I receive a License Grant for my area?
A. You will receive all of our Service Marked items, and Copyrighted materials via e-mail so that you may immediately begin work on your signage and marketing materials. You will also receive our user friendly, "Quick Start Manual". This publication provides you with detailed "A to Z" instructions, assisting you with everything you need to know. Every aspect of the Your Baby's Closet® business is a documented system. The manual will provide you every detail from initial start-up marketing, basic accounting, and event operations. We will also make arrangements together to schedule your initial consultation. You will be able to count on ongoing support from us, as your success is our goal.
A. You will receive all of our Service Marked items, and Copyrighted materials via e-mail so that you may immediately begin work on your signage and marketing materials. You will also receive our user friendly, "Quick Start Manual". This publication provides you with detailed "A to Z" instructions, assisting you with everything you need to know. Every aspect of the Your Baby's Closet® business is a documented system. The manual will provide you every detail from initial start-up marketing, basic accounting, and event operations. We will also make arrangements together to schedule your initial consultation. You will be able to count on ongoing support from us, as your success is our goal.