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Below is an in-depth analysis and side-by-side comparison of Renaissance Executive Forums vs Franchise Alliance, Inc. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $55,400 - $73,300 | $24,900 |
Franchise Fee | $39,500 | N/A |
Royalty Fee | 20% | - |
Advertising Fee | - | - |
Year Founded | 1994 | - |
Year Franchised | 1994 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $3K | - |
Business Experience Requirements |
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Experience | No Experience Necessary Many of our Consultants do not have prior experience in franchising. It is not required, because our comprehensive training and support program will provide you with the knowledge and the tools that will enable you to come up to speed quickly and to be very successful. What you do need to bring to this business is a strong desire to be your own boss, a strong desire to help others, a willingness to learn our system and excellent communication skills. We will take care of the rest, as we teach you the most effective process for helping people find the franchise that is the best match for their background and their goals, and then we provide you with continuous support as you run your consulting business. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Online training | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks, Regional advertising | - |
Operations |
Franchise can be run from home. 14% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Renaissance EXECUTIVE FORUMS is an exclusive business concept for transitioning Top Executives, Former Sales Executives and Consultants. We will take you through a qualification process that will give you detailed answers to your questions as well as qualify you into our franchise system. What we offer our Franchisee: The work you do through Renaissance EXECUTIVE FORUMS makes a real difference in the lives of the members you touch. There is no more stimulating and challenging environment for personal and professional growth, both for our members and our franchisees. Through our process you will have the opportunity to facilitate top executives seeking to take their business to the next level. Renaissance EXECUTIVE FORUMS offers a proven business model with excellent sales and marketing tools, world-class training and support that is second to none. Our marketing and operational strategies are innovative and results-driven. We have developed proprietary programs such as the Performance Management Program and Strategies for Success, top rated tools for developing personal and professional goals. Our proven business model can be adapted to your own style and offers the ultimate in flexibility. You’ll have the freedom to work when you want along with the opportunity to earn a solid, stable income while building equity through exclusive, protected territories. Your success is our success and we take every opportunity to help you achieve your goals. This unique business opportunity allows you to help others without the intense travel and transient nature that traditional coaching and consulting generally entail. You will have the control over where you spend your time.
A Rewarding and Lucrative Career Become a Franchise Consultant and enjoy the personal satisfaction and financial rewards that come from helping others achieve their goals. By utilizing the knowledge, the systems and the relationships that we've developed over 25 years, you can get started immediately. You will gain access to an elite database of franchises that would take newcomer years to develop. At only $17,900, the investment is far less than that required to become a successful consultant in any other field. Our one-time fee includes everything you need to begin your new business. If you are accepted as a Franchise Alliance Consultant, we will train, certify and support you for the life of your business. By working with us, your entrepreneurial dreams can become reality. A Huge and Growing Demand for Our Service Consider this. Over 43% of all retail sales in the United States last year went through franchised outlets, although only 12% of businesses nationally are franchised. This remarkable statistic, along with the success rate of over 94% for new franchised outlets has led to an explosion in franchise sales nationally. Franchise Alliance Consultants are providing a necessary service because prospective franchisees are confused by all the options for business ownership, and because franchisors are desperately seeking qualified applicants to fill the need for successful expansion. Today's prospect needn't be "sold" on buying a franchise, only assisted in finding the perfect franchise for them. We are training new consultants at this time because the demand for our service is currently greater than the existing consultants can handle.