Network In Action Franchise Costs, Fees, Profit and Data — 1851 Deep Dive

NUMBER OF LOCATIONS: 200+ groups globally

REPORTED COST TO GET IN: $27,710 - $32,700

REPORTED ROI (Item 19): Varies depending on number of groups operated

Network In Action (NIA) is a business networking franchise that provides a structured platform for entrepreneurs and business professionals to connect, share resources and grow their businesses.

Company history

Network In Action was founded in Houston, Texas, by Scott Talley in 2014. With a background in business networking, Talley sought to create a more modern and efficient approach to traditional networking groups, focusing on monthly meetings and leveraging technology to enhance member engagement.

NIA began franchising in 2015, providing entrepreneurs with the opportunity to run their own networking groups under the NIA brand. Since then, the company has grown steadily and currently boasts over 200 NIA groups operating across 25 states in the U.S., along with an additional nine groups located across Canada, Guyana, Latvia, Lithuania, India and Suriname.

Unlike traditional weekly networking groups, NIA's model allows members to maintain a better work-life balance while still gaining the benefits of consistent networking. The company leverages technology, including a proprietary app, to facilitate communication, referrals and business tracking among members, enhancing the overall effectiveness of the networking experience.

For franchisees, NIA offers a compelling business opportunity with low overhead and flexible operations. Franchise owners are responsible for managing and growing their own local networking groups, supported by NIA’s comprehensive training and ongoing support. The franchising model is designed to be accessible, with no need for a physical office, allowing franchisees to focus on building relationships within their communities.

NIA’s proven model and technological tools enable franchisees to operate efficiently, making it an attractive option for entrepreneurs looking to enter the business networking space with a strong support system and a scalable business opportunity.

Financial performance

According to the brand’s 2022 Franchise Disclosure Document (FDD), franchises reported the following revenue for FY 2021 based on the number of NIA groups they operated:

The initial investment required to begin operation of a Network In Action franchise ranges from $27,710 to $32,700, according to NIA’s 2022 FDD. These costs break down as follows:

The initial franchise fee is $25,000 to establish an NIA business, with the obligation of establishing a total of three NIA groups. The franchise fee is due upon the signing of the franchise agreement.

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