Crestcom vs LMI Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Crestcom vs LMI including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Crestcom Franchise
LMI Franchise
Investment $85,345 - $101,699$20,000 - $27,500
Franchise Fee $69,500$15,000
Royalty Fee 35.5%6%
Advertising Fee --
Year Founded 19871980
Year Franchised 19911998
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $500-


Business Experience Requirements
 
Crestcom Franchise
LMI Franchise
Experience --

Financing Options
 
Crestcom Franchise
LMI Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/Yes-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Crestcom Franchise
LMI Franchise
Training Classroom Training: 44 hours Additional Training: Bi-annual meetings -
Support Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform -
Marketing Ad Templates Social media SEO Website development Email marketing Loyalty program/app-
Operations Franchise can be run from home.

5% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1 - 2

Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

-

Expansion Plans
 
Crestcom Franchise
LMI Franchise
US Expansion --
Canada Expansion NoNo
International Expansion YesNo

Company Overviews

About Crestcom

 
  • Crestcom has grown to become one of the training industry's most successful and widely used management and leadership programs among Fortune magazine's Top 100 Companies. 
  •  Each month, thousands of business professionals across six continents participate in the Crestcom Bullet Proof Manager training, Crestcom's proprietary training program. 
  •  Businesses turn to Crestcom to help transform managers into leaders and generate real business results.  
  • We are in it together. Crestcom is one of the few franchisors that provides tools, techniques and training before you make a decision. 


    • About LMI

    LMI Canada is a leading personal, organizational and management development company with affiliate organizations around the world. We provide a PROVEN process that MEASURABLY increases performance and results in organizations. This typically guarantees a 10 times return on investment to clients in results measured through implementation of our processes that encompass leadership, management, productivity, communication, sales & assessments that deliver permanent attitude and behaviour changes.

    Becoming an LMI franchisee offers a number of benefits: Low start-up costs, a proven people development system, time-tested products, no territorial boundaries and a support structure that is second to none. There are no royalties or franchise fees after the licensee fee is paid. Licensees must order product from the Canadian Head office, which takes on the currency, shipping, inventory, and customs risks so that the licensee can just focus on selling and servicing his/her clients.

    ""
    #189 in Franchise 500 for 2020.